Treasury Consulting Associate

Join a Challenger
Being a traditional bank just isn’t our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.

How do we get there? With a talented team of inquisitive and agile challengers that break through the status quo. So, if you’re passionate about redefining the future of banking—while having fun—this could be your next big opportunity.

Our company continues to grow, and today we serve more than 780,000 customers across

Canada through Equitable Bank,Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly‑owned subsidiary, Concentra Bank, supports credit unions across

Canada that serve more than six million members. Together we have over $138 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people’s lives. Our customers have named our EQ Bank digital platform () one of the top banks in Canada on the Forbes World's Best Banks list since 2021.

The Work
The Strategic Financial Management (SFM) division provides expertise on the four pillars of balance sheet management to the Canadian Credit Union system. SFM is also responsible for building strong relationships with Credit Unions across Canada. The position of Finance Associate is responsible to work closely with SFM clients to build and develop customized chart of accounts within the Risk Manager software.

The Finance Associate will utilize software and advanced technical skills to build client balance sheets to be utilized by the Finance Analysts, Senior Finance Analysts and Directors of Strategic Financial Management. This position is also responsible to verify all client data for accuracy, produce gap reports, enter derivative transactions, and generate cash flow reports. Integrity and veracity of information is required to support forecasting and accurate reporting for balance sheet management and regulatory reporting.

This role will also support the team in credit union data analytics and identify market trends.

The core parts of your role would be to:

Create current position balance sheet with cash flows for credit union clients and support team members in external regulatory and management reporting

Responsibilities

Work extensively with credit union contacts to develop customized chart of accounts using sophisticated financial modelling software

Coordinate directly with credit union contacts to collect balance sheet data for simulations; includes verification of loan, investment, deposit and other balance sheet data

Ensure charts are properly built to capture credit unions unique balance sheet attributes

Work extensively with spreadsheets and databases to import/export data and prepare the data for use in the simulation software

Ensure data integrity and accuracy of client information for use in interest rate risk, liquidity and capital metrics

Timelines and accuracy of results are critical to support accuracy in modeling interest rate risk and other key metrics

Identify and implement process improvements to automate and streamline data including standardizing approaches for efficiencies in processes

Ensure simulation processes are efficient and accurate, resulting in high quality interest-rate risk reports

Developing and enhancing databases and spreadsheet templates

Documenting procedures for running simulations and building models in the balance sheet simulation software

Applying independent problem‑solving skills in identifying errors in reporting and resolving discrepancies

Maintaining a system of checks and balances to ensure errors/issues are identified before data is passed on to senior level SFM team members

Continually explore opportunities to enhance existing processes to increase operating efficiencies and shorten reporting timelines.

Ensure the business unit’s processes and data are maintained, up-to-date and accurate

Building, enhancing, coordinating, and maintaining, /for reporting from other databases used by the business unit (eg. client billing, cost allocations, budget variances etc.)

Build monthly SFM billing blotters to send to accounts receivable for billing…