Sr Manager, Treasury & Capital Markets

We are hiring for this position out of our Toronto and Vancouver offices. Successful candidates who apply outside of these areas will be expected to relocate and reside in a location that is within a commutable distance.

About the role:

The Senior Manager, Treasury & Capital Markets is responsible for leading the Bank's Asset Liability Management (ALM) activities and supporting the effective management of balance sheet risk. This role sits at the intersection of Treasury and Risk Management, providing oversight, analysis, and recommendations related to funds transfer pricing (FTP), interest rate risk in the banking book (IRRBB), liquidity risk, earnings-at-risk (EaR), and economic value of equity (EVE).

The incumbent plays a critical role in optimizing balance sheet performance while ensuring compliance with regulatory expectations, risk appetite, and strategic objectives. Working closely with Finance, Risk Management, Product, Lending, and Executive leadership, the role provides insights that support pricing, capital allocation, liquidity management, and long-term balance sheet strategy.

About the day-to-day:

Asset Liability Management (ALM)

• Manage the day-to-day execution of the Bank's ALM framework, ensuring effective identification, measurement, monitoring, and reporting of balance sheet risks.
• Produce and analyze interest rate risk, liquidity risk, and balance sheet metrics to support strategic decision-making.
• Evaluate the impact of changing economic conditions, market rates, and business strategies on the Bank's balance sheet.
• Prepare recommendations for asset and liability positioning to optimize risk-adjusted returns.
• Support the preparation of Asset Liability Committee (ALCO) materials and present key findings and recommendations to senior leadership.

Funds Transfer Pricing (FTP)

• Own and enhance the Bank's FTP methodology, ensuring alignment with funding costs, liquidity requirements, and strategic objectives.
• Evaluate transfer pricing impacts across business lines and provide recommendations to improve profitability measurement.
• Partner with Finance and Business leaders to support product pricing, performance management, and balance sheet optimization.
• Conduct periodic reviews of FTP assumptions and methodologies to reflect market conditions and regulatory expectations.

Interest Rate Risk Management (IRRBB)

• Monitor and analyze interest rate risk exposures using earnings-at-risk (EaR), net interest income (NII), economic value of equity (EVE), duration, and sensitivity metrics.
• Conduct stress testing and scenario analysis under various interest rate environments.
• Assess impacts of new products, pricing strategies, and growth initiatives on interest rate risk positions.
• Recommend hedging, balance sheet, or pricing strategies to maintain exposures within approved limits.

Liquidity and Funding Risk Management

• Monitor liquidity risk metrics, funding concentrations, and contingency funding capacity.
• Support compliance with internal liquidity risk limits and regulatory requirements.
• Perform liquidity stress testing and scenario analyses to assess resilience under adverse conditions.
• Assist in maintaining and enhancing contingency funding plans and liquidity management practices.
• Provide analysis regarding funding optimization, deposit strategy, and wholesale funding considerations.

Risk Analytics & Reporting

• Develop and maintain comprehensive ALM and Treasury reporting packages for senior management, ALCO, Risk Committees, and regulators.
• Produce regular reporting on EaR, EVE, liquidity ratios, funding metrics, and balance sheet exposures.
• Identify emerging risks and recommend mitigating actions.
• Improve data quality, modelling assumptions, and analytical capabilities supporting Treasury risk management.

Governance, Regulatory & Model Oversight

• Ensure adherence to regulatory guidance, internal policies, and risk appetite frameworks.
• Support internal audits, regulatory examinations, and model validation activities.
• Maintain robust documentation for ALM methodologies, assumptions, models, and governance processes.
• Collaborate with second-line Risk Management teams to strengthen risk oversight and governance practices.

Strategic Initiatives

• Lead Treasury and ALM-related transformation initiatives, including system enhancements, process improvements, and model development.
• Partner with Finance, Enterprise Risk Management, Technology, and Business stakeholders on strategic projects impacting the balance sheet.
• Contribute to capital optimization and broader balance sheet management initiatives.

About the qualifications:

Education

• Undergraduate degree in Finance, Economics, Mathematics, Accounting, Commerce, or a related discipline.
• Master's degree considered an asset.

Professional Designations

One or more of the following preferred:

• CFA (Chartered Financial Analyst)
• FRM (Financial Risk Manager)
• PRM (Professional Risk Manager)
• CPA (for candidates with strong treasury and finance backgrounds)

Experience

• 3+ years of experience in Treasury, ALM, Market Risk, Balance Sheet Management, Capital Markets, or Financial Risk Management within a financial institution.
• Experience within a Canadian bank, credit union, or regulated financial institution preferred.
• Demonstrated experience managing:
• Funds Transfer Pricing (FTP)
• Interest Rate Risk in the Banking Book (IRRBB)
• Earnings at Risk (EaR/NII Sensitivity)
• Economic Value of Equity (EVE)
• Liquidity Risk Management
• ALCO governance and reporting

Technical Knowledge

• Strong understanding of:
• Asset Liability Management (ALM)
• Treasury and balance sheet management
• Interest rate risk measurement methodologies
• Liquidity and funding risk frameworks
• Capital and profitability management
• Banking products and deposit behaviors
• Knowledge of Canadian banking regulations and risk management expectations.
• Advanced analytical and modelling skills.
• Proficiency with Excel

Leadership Competencies

• Strategic thinker with strong commercial and risk management acumen.
• Ability to translate complex analytics into actionable business recommendations.
• Strong stakeholder management and influencing skills.
• Effective communicator with experience presenting to executive committees and senior leaders.
• Demonstrated leadership in driving change, process improvement, and cross-functional collaboration.

About us:

Peoples Group is a trusted financial services company for the innovators at the forefront of Canada’s economic future. With offices in Vancouver, Calgary and Toronto, we are driving change by working alongside challenger banks, fintechs, brokers, and merchants to foster a dynamic and competitive financial ecosystem.

Our culture is built on four core behaviors: Grit to Grow, Connect to Collaborate, Putting Clients First, and Owning the Outcome. We believe people do not simply choose a company to work for—they choose a company that makes a positive impact in the lives of Canadians. Above all, we value people, build meaningful relationships, focus on individual strengths, and approach our work with passion.

About the work environment:

Peoples Group offers a flexible and hybrid work environment. In this role you will work a combination of in-office and remotely from home. Typically, you'll be working regular business hours, Monday to Friday between 8:00am and 4:30pm with flexibility around start/end times.

We offer:

• A hybrid work environment, enabling you to balance your personal and professional life seamlessly.

• Competitive salaries, profit sharing, RRSP matching and benefits from day one.

• Generous paid time off to help achieve a healthy work-life balance.

• A commitment to your well-being in five key areas: Financial, Physical, Social, Career, and Community.

Hiring process:

If your application is selected, you will be invited for a first interview with one of our Talent Acquisition Business Partners. Depending on the role, interviews may be conducted virtually or in-person. The hiring team will communicate any in-person requirements throughout the process.

Compensation:

The expected salary for this role is approximately $110,000.00 - $120,000.00 annually. Actual compensation may vary based on experience, skills, and qualifications.

NOTE: This job posting is for an existing vacancy. Peoples Group is an Equal Employment Opportunity employer. Please accept our utmost appreciation for your interest; however, only those applicants under consideration will be contacted.

We value and celebrate individuality while fostering an inclusive workplace for everyone. If there's any way we can support or accommodate you during the selection process, please don't hesitate to let us know.