Liquidity Analyst

Servus Credit Union Voir toutes les offres

Calgary, AB
Permanent
Temps-plein

Il y a 20 jours

Description :Join Servus Credit Union - Canada’s Largest Credit Union!We are hiring for a full time Liquidity Analyst to join our Treasury Team!Posting closes: April 22nd, 2026 at 4:00pmEmployment Status: Full-time, 37.5 hours per weekThis position is both fully remote and hybrid depending on experienceFor Internal Use Only: P3/AAt Servus Credit Union, we do things differently—because we’re a credit union, not a bank. And that difference matters.We believe in putting people before profits, which is why our members are also our owners. Every dollar we earn is reinvested into the things that matter most: our members, our employees, and our communities. Whether it’s through profit sharing, competitive rates, or local initiatives that make a real impact, we’re here to help Albertans feel good about their money.We’re looking for passionate, values-driven people to join our team. We welcome individuals from all backgrounds who are aligned with our values and are eager to contribute in meaningful ways. If you're excited to grow your career with a team that’s innovative, hardworking, collaborative and deeply rooted in community, we want to meet you.Join Servus and discover a better way to work.Reporting directly to the Director Funding and Liquidity, the Liquidity Analyst is responsible for contributing to the management of the funding and liquidity needs for the Credit Union. The role is expected to conduct the day-to-day management of Servus' Investment Portfolio which exceeds $2 Billion. With the support of the Director Funding and Liquidity, this position will also be responsible for managing the Credit Union's Borrowing Facilities and other funding programs (i.e. Securitization).What You'll be Doing:Investment Risk

Make recommendations and execute a sound process to ensure that the credit union does not engage in investments/financial transactions that it does not understand sufficiently and where the risk profile is not consistent with our skills and tolerance.
Recommend proper controls and process to address the risk of investment mismanagement (willful or accidental) including, where applicable, preventive and detective controls.
Make recommendations regarding the Investment Policy that sets appropriate boundaries and reporting in regard to the credit union’s risk appetite. Where applicable, integrate national or international best practices. Support the Director Funding and Liquidity in the annual review process.
Provide reporting on investment risk that delivers needed insight into this area to the Director Funding and Liquidity and Head of Treasury.

Liquidity / Investment Portfolio Management

Create and maintain effective forecasting tools to anticipate liquidity changes with sufficient time to comfortably manage negative developments.
Ensure compliance with any applicable internal or regulatory metrics, ratios, and/or limits (LCR, NSFR, etc.). Stay on top of potential changes in the regulatory environment as they relate to this area of responsibility.
Execute the short term money market investment of liquidity within authorized limits and regulatory controls for the $2 billion portfolio of statutory funds. Ensure that investing strategies align with the desired overall interest rate risk profile of the credit union.
Use creativity and sound judgment to maximize returns while balancing the trade-offs between yield and various associated risks. Strategies may include utilizing currency hedges and forward contracts, as an example.
Recommend metrics that could be used to monitor performance in this area (benchmarks, duration, etc.).
Recommend and execute (within authorized limits) borrowing strategies.

Liquidity / Funding Risk

Support the Treasury department to ensure sufficient liquidity to survive a run and continue normal operations without material interruption.
Assist the Director Funding and Liquidity in executing plans to ensure the credit union will avoid regulatory liquidity failure.
Make recommendations regarding funding strategy and liquidity management. This includes mortgage securitization, borrowing facilities, third party deposit sources, etc.
Prepare reporting and provide support to the Director Funding and Liquidity in managing the liquidity risk faced by the credit union. Reporting to be used by Asset Liability Committee, Enterprise/Management Risk Committee, Audit Finance Committee, etc.

Securitization

Accountable for building and issuing mortgage pools under the direction of the Director Funding and Liquidity.
Responsible for ensuring all required documentation is provided to necessary parties in a timely and efficient manner.
Review monthly reports to ensure accuracy and monitor the effective costs of the Credit Union’s participation in the programs.
Regularly dialogue with securitization counterparties, including but not limited to other credit unions, chartered banks, CMHC, Sagen, Canada Guaranty, Canada Housing Trust etc.
Liaise with Accounting, Credit, Retail Lending Support, Business Lending Support, Corporate Services and others to ensure compliance with the program at all times.
Recommend effective policy procedures, controls, and reporting systems.
Provide regular updates on the liquidity risk associated with the future maturities of existing and new pools.
Monitor any existing and emerging risks or opportunities related to the securitization program and market.

Borrowing Facilities

Support the Director of Funding and Liquidity in managing and organizing the credit union’s various borrowing facilities.
Ensure compliance with borrowing facility terms and prepare all required reporting with the support of the Director Funding and Liquidity.
Assist the Director Funding and Liquidity in establishing new facilities as necessary to support the growth of the credit union.

What you Bring:Experience and Education:

Experience in Treasury/Finance would be a strong asset
Intermediate or better proficiency in software such as Bloomberg, SQL, Excel, PowerQuery, etc.
Bachelor’s degree or higher in economics, finance, business administration, or a related field.
A Master's degree is considered an asset but is not required.
Relevant professional designation (such as CFA, FRM, etc.) or equivalent experience is considered an asset.
Minimum 3+ years’ experience in a financial institution

Why Servus?Working for Servus has outstanding benefits. In addition to standard benefits like health and wellness, vacation and retirement savings programs, we also provide other important benefits such as:

Competitive compensation including performance-based incentive pay and profit share
Training & Development Opportunities
Career Advancement Potential
Flexible work options
Meaningful work towards individual and corporate goals
Opportunities to get involved and give back through an employee volunteer program

At Servus, our employees are also members. This means you'll have all the benefits of being a member of the credit union including profit sharing, voting for the board of directors, and all of the financial services we provide…with a few additional perks!What happens next?We thank all applicants for their interest. Please note applications will only be accepted online and only those applicants under consideration will be contacted.At Servus Credit Union, we believe in being purposefully cooperative and working together to create a culture of Belonging for everyone. We are committed to an inclusive, equitable, and accessible workplace where everyone is valued, respected, and supported. We encourage applications from individuals of all backgrounds, and accommodations are available during every stage of the hiring process upon request. Your skills, passion and curiosity may find they belong at Servus, so even if you don't check every box, we encourage you to apply!Employment Eligibility: The selected candidate(s) must successfully pass a criminal background check, reference check and credit check to qualify for hire by Servus Credit Union.Qualified applicants are invited to apply online.We thank all applicants for their interest. Please note applications will only be accepted online and only those applicants under consideration will be contacted.#indh

Servus Credit Union

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