Consultant, Treasury Investment Risk

About the role

Vancity is seeking a Consultant, Treasury Investment Risk to provide independent second‑line oversight of the credit union’s treasury investment activities. You will assess and challenge a range of investment risks to ensure they stay within the approved risk appetite, supporting balance‑sheet resilience and senior decision‑making.

Key responsibilities

• Independently oversee investment risks of the treasury portfolio, including spread, funding, liquidity, hedging residual, correlation and tail risks.
• Develop, maintain and enhance quantitative market‑risk models such as Value‑at‑Risk (VaR), stress testing and scenario analysis.
• Monitor daily market‑risk exposures, limit utilisation and Treasury trade activity using Bloomberg AIM, flagging emerging risks, limit breaches and compliance exceptions.
• Lead the design and continuous improvement of Treasury investment risk frameworks, methodologies, limits and reporting for ALCO and senior management.
• Assess secured wholesale funding structures, collateral usage, haircuts, rollover risk and sensitivity to stressed repo market conditions.
• Translate Treasury investment risks into clear implications for portfolio valuation, OCI, EVE, capital adequacy and overall balance‑sheet resilience.
• Produce quantitative risk analysis and dashboards for senior governance forums.

Required profile

• Significant experience in treasury risk management or a related financial‑risk discipline.
• Strong analytical depth and sound judgement with the confidence to provide constructive challenge.
• Ability to work independently and communicate complex risk concepts to senior leaders.
• Demonstrated track record of developing and applying quantitative risk models.

Required skills

• Bloomberg AIM for trade monitoring and risk reporting.
• Value‑at‑Risk (VaR) modelling and implementation.
• Stress testing and scenario analysis techniques.
• Quantitative market‑risk model development and maintenance.
• Monitoring of daily market‑risk exposures and limit utilisation.

What we offer

• Competitive rewards and benefits as part of Canada’s largest private‑sector Living Wage Employer.
• Hybrid work arrangement with on‑site presence for key events and business demands.
• Full‑time permanent position within a purpose‑driven credit union committed to inclusion and social justice.