Manager, Liquidity Risk Management and Treasury Operations

Manager, Liquidity Risk Management and Treasury Operations Manulife Bank of Canada ("MBC", the "Bank") is a forward‑thinking bank on a robust growth trajectory. The Manager, Liquidity Risk Management and Treasury Operations role offers an experienced finance and treasury professional a strong opportunity to support the bank’s profitability while managing liquidity risk within appetite. Reporting to the Director, Market Risk Management, the role ensures robust treasury processes and supports growth objectives. The ideal candidate has deep expertise in liquidity risk, advanced data analysis skills (including Excel), and prior experience leading a bank’s liquidity or interest‑rate risk function. Position Responsibilities Lead liquidity risk management by overseeing calibration and updating of risk models, reporting monthly and quarterly liquidity metrics to OSFI and the management team, and regularly reviewing the bank’s liquidity status to ensure accurate, forward‑looking forecasts and maintain risks within the defined appetite. Consult with the bank’s product and yield management teams and advise on pricing and product strategies as required while also executing Treasury funding and assisting with the bank’s hedging program, including interest‑rate swaps and bond forward transactions. Manage the production of the monthly ALCO reporting package, ensuring consistency and completeness of key information, preparing accurate commentary, and reviewing and recommending updates to policies, procedures, and modeling assumptions to the treasury leadership team and ALCO. Research and provide recommendations for process or policy changes related to key OSFI and other regulatory standards related to market risk, including the OSFI Liquidity Adequacy Requirements (LAR) guideline. Provide backup coverage to analysts responsible for monthly liquidity risk management reporting, cash management, rate changes, and reporting tasks, while also mentoring them to enhance technical knowledge. Engage with the Financial Risk Oversight team and support internal and external auditors to ensure key policies, procedures, and modeling assumptions are subject to appropriate review and oversight. Promote timely, data‑driven decisions within the Treasury Team and the larger bank by driving operational efficiencies through automation using key technologies (Excel, VBA, SQL, Python). Drive critical initiatives that expand the Bank’s product and service offerings. Required Qualifications Undergraduate degree in Finance, Economics, Accounting, or another quantitative field. Typically 5+ years of experience working in a liquidity risk function in the banking sector. Previous treasury operations experience considered a significant asset. Proficiency in data analytics using advanced Excel features, and programming/coding skills (e.g., SQL, Power Apps, Python). Accuracy, attention to detail and sound judgment are a must. Strong team member with proven ability to manage internal relationships through collaboration within the department and across business divisions. High degree of flexibility and creativity; must adapt to constantly changing environment and develop and update financial procedures and processes. Strong business insight to provide meaningful analysis and recommendations to the Treasury leadership team and ALCO. Preferred Qualifications CFA and/or FRM designation significant asset. Strong interpersonal, communication and organizational skills and the ability to work within a variety of group settings. Always curious and willing to ask questions, explore areas for improvement. When You Join Our Team We’ll empower you to learn and grow the career you want. We’ll recognize and support you in a flexible environment where well‑being and inclusion are more than just words. As part of our global team, we’ll support you in shaping the future you want to see. About Manulife and John Hancock: Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. Learn more about us: https://www.manulife.com/en/about/our-story.html. Manulife is an Equal Opportunity Employer. At Manulife/John Hancock, we embrace our diversity and strive to attract, develop, and retain a workforce that is as diverse as the customers we serve. We are committed to fair recruitment, retention, advancement and compensation, and we administer all practices without discrimination on the basis of protected characteristics. We provide reasonable accommodation during the application process. Referenced Salary LocationToronto, Ontario Working ArrangementHybrid Salary range$86,250.00 CAD – $155,250.00 CAD (actual salary will vary based on market conditions and relevant factors). Eligibility for incentive programs and performance‑based compensation. Benefits include health, dental, mental health, vision, short‑ and long‑term disability, life and AD&D insurance, adoption/surrogacy and wellness benefits, employee/family assistance plans, retirement savings plans (including pension and a global share ownership plan with employer matching), educational resources, and generous paid time off in Canada. Seniority level Mid‑Senior level Employment type Full‑time Job function Finance and Sales Industries Insurance #J-18808-Ljbffr