Expert Advisor, Institutional Funding and Treasury Strategies

As an Expert Advisor. Institutional Funding and Treasury Strategies, you’ll help develop and implement Desjardins Group’s funding initiatives. Desjardins Group’s Treasury is the first line of defence and a key player in rolling out the organization’s growth strategy. Through funding initiatives and the use of various medium-term funding programs (senior debt, covered bonds and subordinated debt programs), you’ll help minimize the organization’s funding costs and broaden its investor base. You’ll recommend and advise on initiatives to managers and directors based on various funding constraints, including regulatory liquidity and capital ratios. This position is in a complex, constantly changing market environment. You’ll need in-depth knowledge of markets, strong initiative, leadership and a sense of priorities to succeed in this position. More specifically, you will be required to:
- Help establish a short
- and medium-term funding strategy over several years to support the organization’s growth ambitions.- Optimize funding programs by minimizing costs, contributing to increased profitability for Desjardins Group. Propose terms, currencies and issue types to optimize the cost of funding and the size of bond issues.- Discuss market forces affecting global bond supply and demand with external partners (domestic and international brokers).- Monitor market trends affecting the organization’s funding strategy, including monitoring industry peer funding practices.- Understand and stay on top of any changes to institutional funding programs used by systemically important financial institutions.- Monitor changes in the regulatory environment affecting liquidity, including facilities with the Bank of Canada.- Participate in executing short
- and medium-term funding transactions in domestic and international markets and collaborate with various sectors (Legal Affairs, Financial Disclosure, Operations) of the organization to provide the legal requirements for issuing funding.- Help the investor relations team establish a strategy to grow the organization’s investor base.- Work with the team responsible for relations with credit rating agencies, using analytical support to maintain Desjardins’s strong credit ratings.- Work with Treasury portfolio managers to support investment decisions in highly liquid bonds.- Understand what comprises the organization’s cost of funds, and support and educate business lines on transfer pricing.- Monitor the foreign exchange risk associated with items affecting the balance sheet of an organization operating internationally.- Work with Risk Management to understand, analyze and optimize LCR, NSFR and NCCF liquidity ratios.- Support Risk Management with liquidity simulations (stress tests, integrated risk scenarios, recovery plans).- Optimize funding initiatives to support Total and TLAC capital ratios.

What we offer*- Competitive salary and annual bonus- 4 weeks of flexible vacation starting in the first year- Defined benefit pension plan that provides predictable, stable income throughout retirement- Group insurance including telemedicine- Reimbursement of health and wellness expenses and telework equipment

What you bring to the table- Bachelor’s degree in finance applied in an appropriate field- A minimum of eight years of relevant experience in a similar role- Please note that other combinations of qualifications and relevant experience may be considered- Experience in financial analysis and financial modelling- MBA, CFA or FRM certification- Proficiency in Office, Power BI, SQL and Bloomberg- Knowledge of foreign exchange risk, hedge accounting and other factors that can affect accounting results- Ability to present complex files in a clear, simple way- Knowledge of the regulatory framework of Canadian financial institutions- Advanced economic knowledge and a good understanding of market dynamics that may have a direct or indirect impact on the organization’s institutional funding- Knowledge of derivatives (interest rate swaps, currency swaps, options) and their effects on hedge accounting- Strong communication skills in both French and English, both oral and written due to the nature of the duties or work tools or because the position involves interactions with (language)-speaking partners, members and/or clients

Action oriented, Customer Focus, Differences, Financial acumen, Interpersonal Savvy, Nimble learning, Organizational savvy, Strategic mindset

LI-Hybrid

Trade Union (If applicable)

At Desjardins, we believe in equity, diversity and inclusion. We're committed to welcoming, respecting and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should reflect the diversity of the members, clients and communities we serve.

Job Family

Administration (FG)

Unposting Date

2025-02-12