Director, Treasury Controls, Risk and Banking
7 days ago
You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.
**About the role**
The Corporate Treasury team has responsibility for the group treasury function at Sun Life.
Reporting to the AVP, Treasury, the Director Treasury Controls, Risk and Banking has accountability for managing the finance, risk and bank relations activities for the Capital Planning & Treasury departments including financial reporting and expense management, risk management and bank relationship activities for North American banking partners. Within Treasury, the Director is responsible for accounting functions with emphasis on ensuring the integrity of the cash accounting and its impact to financial reporting, governance, and controls ensuring compliance to defined standards, policies, and guidelines.
The role will be responsible for working on a broad array of constantly evolving domestic and global corporate treasury initiatives and includes interaction with all the operations of Sun Life Financial globally.
This position will provide a unique opportunity to be involved in the development of a world-class treasury operation with a goal to improve treasury management and decision making within a consistent risk / return framework.
**What you'll be doing**
- Manage and ensure compliance with the risk and compliance activities across Treasury and Capital Planning including acting as the Business Unit Compliance officer (BUCO) and Operational Risk Officer (ORO).
- Manage the accounting and reporting activities with respect to banking/treasury for Sun Life Financial
- Oversee and sign off on bank reconciliations for SLF North America
- Provide leadership for Treasury financial reporting activities including weekly, month end, and quarter end deliverables. Includes responsibility for generation of global bank balance reporting
- Work with Asset Liability Management, Corporate Investments, and Corporate Treasury to improve the reporting and risk management process around notional cash forecasting
- Oversee compliance activities for treasury accounting, including bank reconciliation, accounting, audit, and applicable SOX controls
- Work closely with Corporate Treasury, DBTS and business groups globally to support Frontier reconciliation system
- Oversee the fixed assets accounting processes for SLF North America with work outsourced to SLGSI
- Manage the expense budgeting, forecasting and variance analysis for the Treasury and Capital Planning teams
- Manage the Treasury chargeback models ensuring appropriate distribution of Treasury costs to business partners
- Ownership of cash management component of North American banking relationships in alignment with policy requirements
- Manage contractual negotiations across North American bank relationships (25+ banks) related to bank fees
- Monitor operating cash balances and manage earnings credit and interest arrangements to ensure optimal income is received by Sun Life.
- Manage reporting and analysis of bank fees and benchmarking activities for North American banking partners.
- Oversee North American and Corporate global banking documentation processes including account open/close, KYC and service contracts
- Business continuity lead for Treasury and Capital P
- Support other business process activities and initiatives as required across the broader Treasury team including addressing the impact of acquisitions or divestitures
- People leader establishing performance goals, coaching, development and succession planning for direct reports
**What you'll need to succeed**
- CPA designation and post secondary degree or diploma in accounting, business, technology or a related field
- Ten or more years treasury/finance related experience
- Deep knowledge of financial reporting and internal controls
- Ability to manage complex financial concepts and financial structures
- In depth knowledge of banking products and services in North America
- Senior level experience with third party vendor management including contractual, pricing and service management
- In depth knowledge and experience managing compliance and risk activities with a financial services environment
- Strong organizational and decision making skills
- Strong communication, decision making and organizational skills
- Superior leadership skills including people management exhibited through previous team management experience
- Demonstrated ability to multitask and handle conflicting priorities in a team based en
-
Audit Manager, Treasury/global Banking
5 days ago
Toronto, Canada Scotiabank Full timeRequisition ID: 176353 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose** The Bank’s Internal Audit Department plays a key role in the risk management process of the Bank. It's mandate is to provide independent and objective assurance over the design and operation of the Bank’s controls and...
-
Director, Treasury
4 weeks ago
Toronto, Canada Greater Toronto Airports Authority Full timeJoin to apply for the Director, Treasury role at Greater Toronto Airports Authority.Toronto Pearson is transforming. Now’s the time for your career to fly. The Greater Toronto Airports Authority (GTAA) is a unique and dynamic place to work, with a bold plan to make Toronto Pearson, Canada’s leading global hub airport, a global leader in airport...
-
Director, Head of Treasury
1 week ago
Toronto, Canada Sumitomo Mitsui Banking Corporation Full time**Role Description**: The Head of Treasury oversees and directs the operations of the Treasury department to support the Bank in meeting its financial goals and budget targets. He/she must manage treasury positions in Foreign Exchange, Money Market, FX Derivatives and Capital Market activities in line with the long-term goals of the Bank and ensure...
-
Director, Head of Treasury
7 days ago
Toronto, Canada Sumitomo Mitsui Banking Corporation Full time**Role Description**: The Head of Treasury oversees and directs the operations of the Treasury department to support the Bank in meeting its financial goals and budget targets. He/she must manage treasury positions in Foreign Exchange, Money Market, FX Derivatives and Capital Market activities in line with the long-term goals of the Bank and ensure...
-
Director - Treasury
3 days ago
Toronto, Ontario, Canada American Express Full timeAt American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new...
-
Manager, Treasury Market Risk
1 week ago
Toronto, Canada Scotiabank Full timeRequisition ID: 195877 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Treasury Market Risk team provides self-governing oversight of the Bank’s structural balance sheet risks (Interest Rate Risk, FX, Investment Portfolios) as well as of the trading activity and hedging strategies executed by Group...
-
Director, Treasury
2 weeks ago
Toronto, Ontario, LPB, Canada Greater Toronto Airports Authority Full timeToronto Pearson is transforming. Now's the time for your career to fly.The Greater Toronto Airports Authority (GTAA) is a unique and dynamic place to work, with a bold plan to make Toronto Pearson, Canada's leading global hub airport, a global leader in airport performance, customer care and sustainability. Together with our partners, approximately 1,900...
-
Director, Treasury
2 weeks ago
Toronto, Canada Aecon Concessions Full timeIt has come to our attention that various international organizations or individuals have been offering false employment opportunities at Aecon Group Inc. Aecon Group Inc. employment policies and processes involve interviews, and candidates who seek employment are never required to pay us any sum of money. To do so would be contrary to our business conduct...
-
Director, Treasury Operations
2 weeks ago
Toronto, Canada Fairstone Bank Full timeDirector, Treasury Operations Fairstone Bank We are currently seeking a Director, Treasury Operations to join our dynamic and collaborative Treasury team. Reporting to the Treasurer, the candidate will be responsible for managing our cash management banking relationships, treasury operations, and short‑term liquidity. The role will involve leading and...
-
Treasury Director: Strategic Cash
2 weeks ago
Toronto, Canada Aecon Concessions Full timeA leading infrastructure development firm in Toronto is seeking a Director of Treasury to oversee their corporate treasury function. The successful candidate will be responsible for developing treasury strategies, managing liquidity and financial risks, and ensuring compliance with internal controls. Ideal qualifications include a Bachelor's degree in a...