League Savings and Mortgage - 2 Jobs
Halifax, NS | Moncton, NB | Saint John, NB | Charlottetown, PE | St. John's, NL | Toronto, ON | Ottawa, ON | Montreal, QC
Job Details:
Benefits:
This job starts in January 2026 and offers a remote work environment, and the position requires occasional travel, sometimes overnight and occasional evening and weekend work.
A TYPICAL WEEK:
We are looking for an experienced leader to execute treasury risk management and securitization program activities, including administration of treasury policies, procedures and practices for asset-liability management (ALM), interest rate management (IRR), liquidity management, investment portfolio management and financial modeling and analysis. This role also oversees the LSM securitization program, making sure both internal and external program requirements are met and support LSM's business strategy. This role oversees the work of the Treasury and Securitization Analyst.
Who we are:
League Savings & Mortgage (LSM), a credit union owned company, is a federally regulated financial institution based in Nova Scotia. We deliver quality results and offer a collaborative and community focused work environment in which to do it. Our employees' wellbeing is a top priority, and we underscore that with flexible working arrangements, personal days, and even birthdays off, to enable employees' to strike a balance that works for them. We strive to create an environment where all team members have opportunities for growth and feel welcome, valued, supported and connected.
·Manages the ALM practice, including balance sheet and financial result modelling, analysis, back testing and forecast reporting.
·Supports the development of the annual budget for net interest income and performs monthly forecast analysis of financial margin against budget.
·Reports on IRR results and compliance, and execution of policy control and strategies by analyzing related metrics including Earning at Risk (EAR) and Financial Position (FP)
·Executes strategies to minimize negative impacts to the financial margin, and to mitigate or manage interest rate risk.
·Supports the development of business cases by providing input to the RAROC model, interest rate and scenario analysis.
·Performs liquidity reporting, forecasting and risk management, execution of policy control and strategies.
·Maintains compliance with existing and new liquidity regulatory requirements, including OSFI requirements on Liquidity Adequacy Ratio (LAR), Contingency Funding Plan (CFP) and Recovery Plan.
·Administers treasury controls and processes, including the identification of opportunities for process improvements, and partners with other departments/stakeholders on process improvements and/or manages the change process where required.
·Executes the securitization program and is responsible for the post securitization monitoring function.
·Maintains internal securitization policies and executes business strategies, manages the operational processes, risks and compliance; ensures internal and external CHMC program requirements are met, and aligned with policies, procedures and guidelines.
·Analyzes the impacts to capital and liquidity requirements of securitization transactions and alignment with strategies.
·Participates in the development, implementation and maintenance of policies and procedures relating to treasury and securitization. Ensures record systems are maintained, and regulatory requirements are met.
·Maintains relationships with treasury and securitization related service providers, vendors and regulatory stakeholders; negotiates rates and works collaboratively to move projects or initiatives forward.
·Represents LSM's interests on industry committees, task forces, and working groups, as appropriate.
·Represents the Treasury department in the annual audit process.
·Provides subject matter expertise, perspectives and advice on cross functional business initiatives.
·Provides input into the design and implementation of departmental plans and objectives.
You have successfully completed a Bachelor's degree with a concentration in Accounting or Finance, a professional designation CPA or CFA and have 7-10 years' experience in a financial accounting / reporting role in the financial services industry; or have an equivalent combination of education and experience. Previous leadership experience required.
- Proven strategic thinking skills and ability
- Demonstrated proficiency of the Microsoft Office applications (Advanced Excel, intermediate Word, Intermediate Access), and financial accounting software
- Solid knowledge of accounting standards and financial principles
- Proven ability in fiscal management and budget preparation
- Working knowledge of accounting for financial instruments and the regulatory requirements of financial institutions
- Proven ability in making sound business decisions
- Demonstrated ability to analyze and interpret financial data, assess risk, and prepare financial reports, statements, and projections, analyze market trends and provide conclusions and recommendations
- Demonstrated working knowledge of financial services and risk management practices
- Proven ability in performing monitoring and compliance responsibilities
- Solid understanding of securitization processes, structures and regulations.
- Proficiency in managing banking relationships, treasury systems and payment processing.
- Ability to build and interpret complex financial models for valuation, forecasting and scenario analysis.
- Knowledge of investment strategies, portfolio management and asset allocation.
- Demonstrated ability in formulating policies and procedures and implementation of new procedures
- Proven ability to learning new technologies and new industries
We are committed to providing a work environment that fosters inclusion, value and respect and reflects the diversity of the communities in which we live and serve. We encourage and welcome applications from traditionally underrepresented and equity-seeking groups. All qualified applicants will receive equal consideration; however, priority will be given to Canadian citizens and permanent residents. Should you require any accommodation during the recruitment process or otherwise, please notify us and we will work to meet your accessibility needs.