Capital & Liquidity Manager

Summary

Join Wealthsimple as a Manager, Capital & Liquidity Management, reporting to the Director and collaborating with various teams. You will be responsible for Wealthsimple’s capital and liquidity policies, treasury risk management, and contingent funding plan. This role involves leading the review of liquidity and capital assumptions, acting as a subject matter expert for treasury modeling, and driving the establishment of a capital allocation framework. You will also monitor internal and external factors to maintain balance sheet exposure and support planning, forecasting, and resource optimization. The ideal candidate possesses 5-7 years of treasury/finance experience, a passion for fintech, and strong communication skills.

Requirements

• 5-7 years of broad Treasury/Finance experience with focus on balance sheet management and financial resource optimization
• A passion for technology, specifically fintech
• Prior experience in financial modeling, stress testing, planning & forecasting, drafting policies & frameworks
• Deep understanding of liquidity risk, capital adequacy and risk management
• Knowledge of capital structure and effective balance sheet management
• Understanding of regulatory requirements for a Canadian broker-dealer
• Effective communication skills that are tailored to different audiences
• Self-motivated, independent and collaborative individual that is solution and detail oriented

Responsibilities

• Be responsible for Wealthsimple’s capital and liquidity policies and frameworks
• Responsible for Wealthsimple’s overall Treasury risk management including capital & liquidity risk identification, risk assessment, monitoring and reporting and proactive management
• Lead the contingent funding plan design, implementation and testing
• Drive review and assessment of key liquidity and capital assumptions to optimize financial resources while considering potential risks & vulnerabilities
• Act as subject matter expert for Treasury modeling, stress testing and scenario design
• Drive establishment of capital allocation framework and optimization strategies
• Identify asset liability management metrics to monitor and improve balance sheet efficiency and overall performance
• Monitor internal and external factors to keep within our balance sheet exposure appetite and perform periodic review and recalibration to assess thresholds/limits
• Have full understanding of capital structure, funds flow and support new initiatives and ad-hoc analysis including peer benchmarking
• Support planning, forecasting, effective allocation and optimization
• Support the capital and liquidity planning effort to ensure optimal positions for each material legal entity through close collaboration with data science, FP&A, product leaders and regulatory reporting teams

Benefits

• Competitive salary with top-tier health benefits and life insurance
• Retirement savings matching plan using Wealthsimple Work
• 20 vacation days per year and unlimited sick and mental health days
• Up to $1,500 per year towards wellness and professional development budgets respectively
• 90 days away program: Employees can work internationally in eligible countries for up to 90 days per calendar year
• A wide variety of peer and company-led Employee Resource Groups (ie. Rainbow, Women of Wealthsimple, Black @ WS)
• Company-wide wellness days off scheduled throughout the year