Manager, Capital & Liquidity Management

Manager, Capital & Liquidity Management BUILD SOMETHING PEOPLE LOVE Wealthsimple's mission is to help everyone achieve financial freedom – by making financial services simple, transparent, and low-cost. We're Canada's largest fintech, trusted by over 3 million clients with more than $100 billion in assets. We move fast, we own our work, and we care deeply about the people using our products. If that sounds like you, keep reading. We're proud of what we've built — and we're just getting started. Read our Culture Manual https://www.wealthsimple.com/en-ca/culture and learn more about how we work https://www.wealthsimple.com/en-ca/careers. Wealthsimple operates a flexible work model. As a core part of our collaborative culture, you may be required to attend your primary office, our Toronto head office, or other locations for important business needs, including Retreats, Takeovers, Go Days, Build Days, team meetings, and other company events. Travel required for these purposes will be covered in accordance with our travel and expense policy. About the role: As a Manager, Capital & Liquidity Management, you will report to the Director, Capital & Liquidity Management and work as a strategic partner within the Treasury team and interact directly with the broader Finance functions (FP&A and Accounting), Product, Operations, Data Science and key functional leaders within Wealthsimple to support effective and efficient capital & liquidity management. As a trusted advisor, you will provide advice and collaborate with leaders in product, operations, trading, finance, legal, regulatory & compliance to find creative solutions to difficult problems. You are adaptable, flexible, and thrive in a collaborative, innovative environment where two days rarely look the same. In this role, you will have the opportunity to: - Lead the capital and liquidity planning effort to ensure optimal positions for each material legal entity through close collaboration with data science, FP&A, product leaders and regulatory reporting teams - Lead the contingent funding plan design, implementation and testing - Be responsible for Wealthsimple’s capital and liquidity policies and frameworks - Support planning, forecasting, effective allocation and optimization. - Responsible for Wealthsimple’s overall Treasury risk management including capital & liquidity risk identification, risk assessment, monitoring and reporting and proactive management - Drive review and assessment of key liquidity and capital assumptions to optimize financial resources while considering potential risks & vulnerabilities - Act as subject matter expert for Treasury modeling, stress testing and scenario design - Drive establishment of capital allocation framework and optimization strategies - Identify asset liability management metrics to monitor and improve balance sheet efficiency and overall performance - Monitor internal and external factors to keep within our balance sheet exposure appetite and perform periodic review and recalibration to assess thresholds/limits - Have full understanding of capital structure, funds flow and support new initiatives and ad-hoc analysis including peer benchmarking Skills you'll bring: - 5-7 years of broad Treasury/Finance experience with focus on balance sheet management and financial resource optimization - A passion for technology, specifically fintech - Prior experience in financial modeling, stress testing, planning & forecasting, drafting policies & frameworks - Deep understanding of liquidity risk, capital adequacy and risk management - Knowledge of capital structure and effective balance sheet management - Understanding of regulatory requirements for a Canadian broker-dealer - Effective communication skills that are tailored to different audiences - Self-motivated, independent and collaborative individual that is solution and detail oriented WHY WEALTHSIMPLE? 🌸 Top-tier health benefits and life insurance 📈 Long-term grou ... (truncated, view full listing at source)