Director, Treasury

Your career is an investment that grows over time Wealthsimple is on a mission to help everyone achieve financial freedom by reimagining what it means to manage your money. Using smart technology, we take financial services that are often confusing, opaque and expensive and make them transparent and low-cost for everyone. We’re the largest fintech company in Canada, with over 3+ million users who trust us with more than $100 billion in assets. Our teams ship often and make an impact with groundbreaking ideas. We're looking for talented people who keep it simple and value collaboration and humility as we continue to create inclusive and high-performing teams where people can be inspired to do their best work. As a Treasury & Capital Markets Director you will work as a strategic partner within the Treasury team and interact directly with banks, capital markets counterparties, strategic external partners, and key functional leaders within Wealthsimple to support Treasury initiatives and Wealthsimple product launches. 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 complex 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: Serve as the primary relationship owner for financial and bank partners, ensuring deep alignment and synergy on our strategic goals and growth objectives Build and maintain a multi-layered engagement model with partner institutions across different relationship coverage teams and their key internal stakeholders (operations, credits, treasury and risks) to unlock new opportunities Lead negotiations on key commercial terms, capacity, pricing and yield to support Wealthsimple’s priorities Provide strategic guidance on new product initiatives that require bank/financial partner involvement and drive internal stakeholder alignment (Product, Engineering, and Operations) on product features and offerings that meet client and investor/partner needs Bring innovative solutions to all aspects of the role and Treasury & Capital Markets team, to enable Wealthsimple products to be best in-class to address our client’s needs Foster and deepen financial partners relationships; identify and build new partnerships Oversee Wealthsimple’s Treasury investment portfolio to propose investment plan, execute strategy, monitor portfolio performance and perform appropriate rebalancing Monitor market conditions, rate environments, and credit markets to identify and manage Wealthsimple’s market risk exposure Propose hedging strategies and work with the Controllers team to ensure proper accounting treatment Maintain and enhance Wealthsimple’s Investment Policy, FX Risk Management Policy, as well as corporate investment strategy Responsible for the counterparty credit risk management and collaborate with key stakeholders to execute on the framework Represent Treasury in executive-level discussions, articulating partnership, market risk and investment management strategy, financial impact, opportunities and risks What you bring: 10+ years of Treasury and/or front office Capital Markets experience with direct external negotiation and engagement A demonstrated ability to manage external relationships with financial institutions/banks, capital markets counterparties, including leading complex negotiations that require deep understanding of balance sheet management, regulatory requirements and funding/money markets A deep understanding of banking and capital markets products, specifically deposits placement and FX/interest rate hedging transactions Expert in regulatory liquidity requirement and treatment (OSFI LAR, US LCR, and internal stress testing) Track record of standing up new deposits products, driving outcomes from start to finish Prior experience in leading negotiations on deposit agreement, trust agreement, ISDA’s, GMSLA’s, GMRA’s, and similar highly structured agreements A deep understanding of Treasury investment portfolio management (capital markets and investment products) and portfolio risk management (primarily FX and interest rate risk management) A passion for Wealthsimple and technology, specifically fintechs and AI An ability to thrive in a fast-paced and highly ambiguous settings, building products and processes from the ground up with limited guidance A growth mindset Excellent interpersonal and stakeholder management skills to build strong collaborations and drive influence across internal and external stakeholders Superior strategic thinking and problem solving skills able to drive large initiatives while being detailed and tactical in approach The ability to balance superior attention to detail with delivering with speed Very strong communication skills and ability to distill complex concepts and its impact effectively, especially to a non-Treasury audience Why Wealthsimple?