Web analyst Jobs in Calgary, AB

Overview

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. Our team is made up of inquisitive and agile challengers that break through the status quo. 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. 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 (eqbank.ca) one of the top banks in Canada on the Forbes World’s Best Banks list since 2021.

The Work

The Treasury Consulting Analyst, SFM will be responsible for performing the Asset Liability Management (ALM) modeling for credit union clients across Canada. In this role, the Consulting Analyst works with credit unions to develop appropriate assumptions pertaining to balance sheet forecasts, rate movements, and other applicable areas to run the ALM modeling for client portfolios. The analyst provides professional advice to credit union clients in the areas of interest rate risk (IRR), profitability, liquidity, and capital management. The Core parts of your role include:

• Measurement, analysis, and reporting of Interest Rate Risk, Profitability, Liquidity, and Capital metrics – 70%
• Execute client balance sheet simulations to generate results for interest rate risk position, profitability/liquidity, and capital projections.
• Back-test model results to identify gaps and areas to improve assumption accuracy.
• Consult with clients to collect, adjust, or enhance modeling assumptions.
• Develop and input key assumptions into simulation model, ensuring accuracy and integrity of all data inputs and assumptions used to assess IRR exposures.
• Modify input/output processes to accommodate new products or attributes for client models.
• Manage the IRR modeling process to accommodate changes to behavioral assumptions and any new products or features; tweak model settings and develop new reporting as needed.
• Continually explore opportunities to enhance existing processes to increase operating efficiencies and shorten reporting timelines.
• Basic understanding of regulatory requirements in applicable provinces (LCR, NSFR, NCCF, etc.) and the ability to forecast results to support credit union management in strategic decision making.
• Assess and analyze simulation results while providing recommendations to senior management of credit union clients. Recommendations are provided under the guidance of senior SFM team members.
• Provide oversight of IRR reporting to ALCO, the Board, and for regulatory purposes through written reports outlining results of model.
• Assess how a credit union’s IRR position has changed between models using metrics such as EAR and EVE.
• Evaluate credit unions’ changing profitability, liquidity, and capital position, identifying key drivers of change (rates, balance sheet trends, etc.).
• Apply knowledge to provide guidance or recommendations on management of IRR metrics, profitability, liquidity, and capital management.
• Provide timely measurement of IRR and enhance reporting to support effective decision making, with support for forward-looking discussions within ALCO; ensure integrity of results and provide insights into results and drivers of change.
• Provide consultancy services to credit union clients under senior team member guidance as necessary.
• Organize and facilitate debriefing calls with clients to review report findings, recommendations, and address questions.
• Participate in credit union Asset Liability Committee (ALCO) meetings with support of senior Treasury Consulting team members.
• Develop forward-looking rate or balance sheet scenarios to assess impacts to the credit union.
• Provide support to the Treasury Consulting Team on other items – 30%
• Assist in underwriting applications for new or renewing credit union LOC products, analyzing credit worthiness and providing lending recommendations.
• Assist in Treasury Consulting’s Liquidity Advisory Management Product, deploying excess liquidity and managing daily cash positions.
• Assist with technology management and collaboration with other departments to troubleshoot software or implement new technologies.
• Continuously update knowledge of markets, economic conditions, and trends affecting credit union balance sheets.

Let’s Talk About You!

• University education with a focus on Finance/Accounting, or Business. Enrollment in CFA, CPA, or MBA would be beneficial.
• Treasury experience is an asset; individuals with a financial industry background may also be successful.
• Understanding of finance and treasury concepts (structure of bank/credit union balance sheets, deposit and loan products, accounting concepts).
• Strong interest in economic and financial environments (monetary/fiscal policy, interest rate environment, deposit/loan market).
• Financial modelling and creative problem-solving skills, with analytical aptitude and attention to detail.
• Strong research and analysis capabilities to identify trends and regulatory environments.
• Proficiency in Excel and Word.
• Ability to work independently or collaboratively.
• Inquisitive, self-motivated, with good time management skills.
• Strong interpersonal skills to work with credit union senior leadership (GMs, Senior Analysts, CFOs/CEOs, VPs, Directors).

Job Complexities / Thinking Challenges

• Requires professional relationship skills for work with senior-level credit union executives and directors.
• IRR is a specialized area requiring willingness to learn and expand knowledge of credit union balance sheets.
• Ability to interpret IRR results and make recommendations without compromising other areas.
• Collaborate with outside sources for information and modeling outputs; understand revenue/expenses and balance sheets.
• Detail-oriented, proactive problem solver with the ability to work with co-workers and external resources.
• Model IRR exposure, profitability, liquidity, and capital trends for clients.
• Some procedural activities exist, but much of the work requires flexible thinking to develop written reports with strategy and recommendations.

What we offer for full-time permanent roles

• Competitive discretionary bonus
• Market-leading RRSP match program
• Medical, dental, vision, life, and disability benefits
• Employee Share Purchase Plan
• Maternity/Parental top-up
• Generous vacation policy and personal days
• Virtual events to connect with colleagues
• Professional development and comprehensive Career Development program
• A fulfilling opportunity to join a top FinTech and help create a new banking experience

Equitable Bank is deeply committed to inclusion. We support staff growth personally and professionally and provide a barrier-free recruitment process. All candidates considered for hire must pass a criminal background check and credit check. Only leading candidates whose skills match will be contacted by an Equitable recruiter. We can’t wait to get to know you!

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