Consultant, Asset Liability Management (ALM)

Vancity

• $86K — $111K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Commerce, Mathematics, Statistics, Accounting, or a related discipline
  • 5+ years of experience in treasury, asset liability management, financial analysis, market risk, or balance sheet management
  • Strong understanding of interest rate risk, liquidity risk, and treasury management principles
  • Experience with quantitative analysis and financial data recommendations
  • Excellent research, analytical, and problem-solving skills
  • Strong communication and presentation skills for diverse audiences
  • Professional designation such as CFA, CPA, FRM, or progress towards these is an asset

Responsibilities

  • Develop pro-forma balance sheet forecasts to support treasury activities
  • Perform interest rate risk and liquidity risk analyses for strategic decision-making
  • Provide market risk management recommendations to optimize financial contribution
  • Monitor balance sheet performance for treasury enhancement opportunities
  • Consult with stakeholders to align analytical recommendations with business objectives
  • Document analyses for effective hedging portfolio management
  • Prepare reports and presentations to communicate insights to leadership

Benefits

  • Living Wage Employer with recognition as one of Canada's Top Employers
  • Customizable benefits packages tailored to employee needs
  • Generous vacation policy starting with 3-4 weeks per year
  • Extra statutory holidays and care days for personal or family illness
  • Immediate health and dental coverage upon hire
  • Defined Benefit Pension plan offering guaranteed income for life
Full Job Description
Your Role in Supporting Our Members:

As a Consultant, Asset Liability Management (ALM), you will support the development of Vancity's asset-liability and treasury strategies by providing market, member, liquidity, and interest rate risk analysis. You will develop forecasts, perform scenario and sensitivity analyses, provide recommendations that support balance sheet management decisions, and contribute to the ongoing management of Vancity's hedging portfolio. This role plays a key part in helping optimize financial margin, manage market and liquidity risk, and support long-term financial sustainability. We are seeking an analytical and collaborative finance professional with strong quantitative skills, treasury knowledge, and the ability to translate complex analysis into practical recommendations.

This is a Full-time, Permanent role and will report directly to the Manager, ALM & Capital Management. This position is fully remote and open to candidates located in British Columbia or Ontario.

How You'll Make an Impact:

  • Developing pro-forma balance sheet forecasts and financial margin projections to support treasury and balance sheet management activities
  • Performing interest rate risk, liquidity risk, sensitivity, and scenario analyses to support strategic decision-making
  • Providing recommendations on strategies to manage market and liquidity risk while optimizing long-term financial contribution
  • Monitoring balance sheet performance and identifying opportunities to strengthen treasury outcomes
  • Supporting the development and enhancement of asset-liability risk strategies and forecasting methodologies
  • Consulting with internal stakeholders on strategic initiatives and providing analytical recommendations that support business objectives
  • Documenting and conducting analysis to support the management of the hedging portfolio in alignment with approved treasury strategies
  • Preparing reports, presentations, and analytical insights for leadership and key stakeholders
  • Contributing to continuous improvement initiatives related to treasury, forecasting, risk analysis, and balance sheet management


What You'll Bring to the Team:

  • Bachelor's degree in Finance, Economics, Commerce, Mathematics, Statistics, Accounting, or a related discipline
  • 5+ years of experience in treasury, asset liability management, financial analysis, market risk, balance sheet management, or a related financial services role
  • Strong understanding of interest rate risk, liquidity risk, forecasting, financial modelling, and treasury management principles
  • Experience performing quantitative analysis and developing recommendations based on financial and market data
  • Strong knowledge of financial institution balance sheets, financial margin management, and risk management techniques
  • Excellent research, analytical, and problem-solving skills
  • Strong communication and presentation skills with the ability to explain complex concepts to diverse audiences
  • Professional designation such as CFA, CPA, FRM, Treasury Professional, or progress toward such designations is considered an asset


Extra Skills That Set You Apart:

  • Experience working within a credit union, bank, or other regulated financial institution
  • Knowledge of derivatives, hedging strategies, and asset-liability management systems
  • Experience supporting regulatory reporting, liquidity management, or capital management activities


You'll Thrive Here If You Are:

  • Analytical - You enjoy working with data, financial models, and complex scenarios to support decision-making.
  • Strategic - You understand how treasury and balance sheet decisions contribute to long-term organizational success.
  • Collaborative - You build strong relationships and work effectively with stakeholders across the organization.
  • Detail-Oriented - You produce accurate, high-quality analysis and recommendations.
  • Curious - You stay informed about market conditions, financial trends, and emerging industry practices.


We value lived experience, so if you are interested in this role, we encourage you to apply even if you feel your skills don't perfectly align with those listed.

What You'll Earn:

This role offers a salary range of $86,400 to $111,800 per annum. The base pay offered may vary depending on factors such as relevant qualifications, skills, previous experience, and internal equity. As part of our total rewards package, employees may also be eligible for our annual incentive program, subject to program eligibility requirements.

Why You'll Love Working Here:

A career at Vancity is more than just a job, you're joining a tradition of change-makers who are creating lasting change for our communities. Beyond base pay, we offer a comprehensive total rewards package to ensure our employees are empowered to thrive:

  • Living Wage Employer: We're the largest private-sector Living Wage Employer in Canada and consistently ranked among Canada's Top Employers
  • Customizable Benefits: Permanent employees receive flexible benefit packages that can be tailored annually to meet evolving needs
  • Generous Vacation: New employees start with 3-4 weeks of vacation per year, with additional days earned over time
  • Extra Stat Holidays: In addition to BC's 11 statutory holidays, we offer 2 extra days, plus care days for personal or family illness
  • Immediate Health Coverage: Health and dental benefits begin on your hire date, with three levels of coverage to choose from
  • Defined Benefit Pension: Our retirement plan provides a guaranteed income for life, recognizing that retirement looks different for everyone

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