Director, Treasury Operations

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, our treasury operations and our short-term liquidity. The role will involve leading and coordinating multiple cash management service implementation projects involving numerous departments within the bank.  He/She will supervise a Manager, Senior Analyst and run our internship program. This is an excellent opportunity for a collaborative leader with strong organizational, communication, and analytical skills to drive value and make a meaningful impact within our growing organization.

Description:

• Manage and optimize cash management and treasury operations activities, including administration of bank accounts and related services for all Fairstone Group legal entities.
• Develop and implement a bank account management strategy
• Negotiate bank fees and cash management service contracts for Fairstone Group.
• Manage, monitor, and forecast short-term liquidity requirements, provide visibility through daily liquidity management reporting, and ensure the bank meets its liquidity regulatory requirements.
• Oversee diligent timely execution of all key treasury payments (financing, investment, derivative, collateral, bank account funding), intercompany transactions, and key corporation payments.
• Lead cash management projects and act as subject matter expert in the implementation of new services and banking/payment technology, new legal entities and new branches, and champion process improvement with a lean approach.
• Develop and foster strong relationships with our cash management banks and with internal parties (account payable, legal, accounting, IT, branch operations, etc)
• Recommend borrowing and investments decisions based on forecasted liquidity to the Liquidity Management team and Funding Management team.
• Foster a culture and environment of compliance and controls and ensure treasury activities are in compliance with treasury policies, regulatory requirements, accounting guidelines, governance policies and internal controls through diligent monitoring.
• Provide support for internal controls and audit activities.
• Act as a champion for our treasury management system solutions and support upgrades of our ERP system Workday
• Develop a solid understanding of our operations and systems, maintain up-to-date knowledge on industry trends and share knowledge and best practices with team

Qualifications:

• A minimum of 10 years' experience in treasury management and 5 years in employee management. Experience in financial services or retail industry considered an asset.
• Bachelor's degree in Finance, Accounting, or Economics
• Professional designation (CFA, CTP, or CPA) is an asset
• You are recognized for being a positive team leader with excellent communication skills (verbal and written, English and French – an asset), who shows passion for quality products and processes
• You have excellent organizational skills, you are autonomous, able to manage multiple deliverables and meet deadlines
• You demonstrate initiative, accountability, data integrity with strong attention to details
• You demonstrate problem-resolution skills, ability to work in a dynamic fast-paced environment and to adapt quickly to changing priorities
• You have strong computer skills: Advanced Excel (VBA, PowerBI, Macro is desired), Word, Access, PowerPoint, Bloomberg, Workday

WE ARE PROUD TO BE RECOGNIZED AS Great Place to Work Canada for 2025 and
Montreal's Top Employers 2025 by Canada's Top 100 Employers

Learn more:

Follow us on LinkedIn:

If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.

Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.

Time Type: