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At Coast Capital, we’re not dreaming about a better future, we’re building one.

As a member-owned cooperative, we’re helping our members with their real goals and real challenges so they can live the real life they want. It’s what we’ve been doing for over 80 years, and it’s why today we stand almost 600,000 members strong. Plus, we invest 10% of our budgeted profits back into our community – almost $90 million since 2000 alone – because when our members do well, we believe our communities should do well too.   

VP, Treasury

Jul 11, 2024

Location:   Greater Vancouver Area or Greater Toronto Area

myWork Options: In-person, Hybrid

Background Screening Requirement: 

  • Enhanced Criminal Record Check
  • Credit Check
  • Social Media Check 
  • Identity Verification 
  • Education Verification
  • Employment Verification
  • References

 

 

 

 

What's the Job?

As the VP, Treasury you are is responsible for managing Coast Capital's liquidity, funding, capital, and investment portfolio.  You will be instrumental in safeguarding financial health, ensuring regulatory compliance, mitigating risk, and optimizing financial strategies.

 

What You'll Get To Do

 

  • Contribute to the strategic execution of corporate strategies and direction as a member of the Senior Operating Committee
  • Determine and guide the financial strategy of Coast Capital through direction of the treasury function, including asset/liability management, interest rate risk management, liquidity management, funding management, capital management, management of the liquidity investment portfolio, management of F/X activities, management/setting of all deposit and mortgage rates.
  • Chair the Coast Capital Asset Liability Committee (ALCO) and Capital and Liquidity Crisis Management Team (CMT) requiring unique problem-solving skills for complex and integrated financial issues to manage risk in a complex regulatory environment.
  • Represent Coast Capital to the external investing community, capital markets and rating agencies.
  • Lead and oversees major company-wide projects which are fundamental to future growth prospects of Coast Capital by expanding sources of capital and liquidity, working with legal and other advisors to execute on initiatives without precedent in Canadian markets.
  • Build relationships with Product, Distribution and Marketing teams to develop successful pricing strategies and help grow and manage a healthy balance sheet.
  • Work with oversight of the risk team to employ and build models to drive an optimal balance between profitability and interest rate risk.
  • Provide expert counsel to the CFO, CRO and board committees on market trends, potential risks, and mitigation strategies.
  • Manage and minimize the inherent and potential risks in area of business by working closely with the three lines of defence to develop and implement policies and procedures that provide assurance against risk
  • Direct and grow capabilities of a funding mechanism that supports growth and contingency planning through the institutional and agency deposit channels.
  • Champion diversity and inclusion in all treasury functions and initiatives.

Who Are We Looking For?

 

  • Preferred qualifications: CFA, CPA, or dual designations.
  • Experience: Over 10 years of relevant job experience.
  • Expertise: Significant experience in Treasury functions at VP level within deposit-taking institutions, with a comprehensive scope and scale.
  • Communication Skills: Exceptional public speaking, verbal, written communication, negotiation, and leadership/management abilities.
  • Leadership: Courageous, team-focused leader who quickly builds trust, fosters solid relationships, promotes collegiality, and mentors future leaders. Committed to creating an inclusive workplace and embracing diverse perspectives.
  • Strategic Thinking: Possesses a strategic outlook with a keen understanding of the risk-return dynamic, aligning risk appetite with business strategy. Proven experience in integrating practices and strategies with company culture and goals.
  • Analytical Skills: Strong technical, numerical, and financial skills, with the ability to understand broader strategies, economic conditions, and technological advancements. Maintains a competitive edge through data analysis and awareness of market trends.
  • Relationship Management: Skilled in managing relationships and influencing at all levels, including with regulators and external entities. Outstanding interpersonal skills, fostering open collaboration and maintaining connections with the team and colleagues.
  • Customer Focus: Ethical and customer-centric approach, incorporating a 'customer lens' in all work. Dedicated to fulfilling the CCS purpose of building better futures together.
  • Collaboration: Proven track record of engaging and collaborating effectively to achieve positive outcomes.
  • Decision Making: Demonstrates the ability to make sound decisions promptly, utilizing analysis, experience, and judgment; frequently consulted by peers for guidance; adept at dissecting complex issues and utilizing diverse data sources to devise efficient solutions.

 

Equity, Diversity & Inclusion at Coast Capital

 

Don’t meet every single requirement? At Coast Capital, we believe everyone has potential. We are committed to building better, brighter, more inclusive futures for everyone – including our employees. We see the potential in our employees to achieve amazing things and want to invest in your future. If you’re excited about this career opportunity and your experience may not perfectly align with every qualification in this job posting, we still encourage you to apply. You may be just the right candidate for this or other opportunities at Coast Capital.

 

At Coast Capital, we are committed to equity, diversity and inclusion. We strongly encourage applications from Indigenous Peoples, Black, and racialized persons, persons with disabilities, people of diverse sexual and gender identities and women. We value applicants who have demonstrated a commitment to equity, diversity and inclusion and recognize that diverse perspectives, experiences and expertise benefit of our employees, our members, and our community.

 

We strive to provide an accessible candidate experience for our candidates with different abilities. If you require any accommodations, please contact accessibility@coastcapitalsavings.com or call 778-391-5836. We will work with you to meet your needs.  

 

Why join Coast Capital Savings?

  • Purpose is our North Star. We look at everything through our purpose. It informs the advice we provide our members, the experiences and products we create, and the programs we build to support our employees and communities.
  • Committed to inclusion and engagement. We have an ongoing focus on equity, diversity, and inclusion and routinely track how we’re doing, and what we need to do to keep improving. We foster a culture where everyone can feel safe to be who they really are and thrive.
  • A career that grows with you. We believe in developing our people and promoting from within. Many employees have spent decades, and sometimes their entire careers, with Coast Capital and have progressed from the frontlines to senior leadership.
  • Work where you’re most effective. In 2020 the world changed, and that includes how we work. In response to COVID-19 we launched myWork, which gives employees flexibility in where they work based on the nature of their role.
  • Benefits that flex to the needs of you and your family.  We offer comprehensive, customizable benefits for you and your family, so you can choose what fits best for you and your lifestyle.
  • Retirement options. We also take care of our employees once they retire. That’s why we offer the choice of a defined contribution or defined benefit pension plan or RSP’s.
  • Mortgage and auto financing benefits. Employees save thousands on their mortgages and auto loans with best-in-category benefits.
  • Real Recognition. We recognize excellence throughout the year, through an online community that lets employees give kudos and thanks throughout the year.  We’re human, which means we like to have fun with events, celebrations, and recognition throughout the year.
  • An award winning culture. We’re a Platinum member of Canada’s Best Managed Companies and are regularly recognized by Canada’s Most Admired Corporate Cultures and the BC Top Employers Awards.
  • We reinvest 10% back into the community. When we do well, our communities do well. That’s why since 2000 we’ve invested over $90 million into our member’s communities. 
  • Double your impact. Through our employee volunteer program, Coast Capital donates $10 for every hour you volunteer to a Canadian charity or non-profit of your choice.

D&I at Coast

At Coast Capital, we value diversity, equity and inclusion. We’re not all the same and we like it that way. We don’t just accept differences - we celebrate, support, and we thrive on them for the benefit of our employees, our members, and our community. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills.

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