SENIOR ANALYST – TREASURY RISK MANAGEMENT

We are banking at another level.

Choosing BDC as your employer means working in a healthy, inclusive, and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently, to fuel the success of Canadian entrepreneurs.

Choosing BDC as your employer also means:

• Flexible and competitive benefits, including an Employee Savings and Investment Plan where BDC matches part of your voluntary contributions, a Defined Benefit Pension Plan, a $750 wellness and health care spending account, to name a few   

• In addition to paid vacation each year, five personal days, sick days as necessary, and our offices are closed from December 25 to January 1

• A hybrid work model that truly balances work and personal life

• Opportunities for learning, training and development, and much more... 

Explore the BDC Way in our Culture Book

POSITION OVERVIEW

BDC is the bank for Canadian entrepreneurs, dedicated to supporting their growth and success.  We are seeking a highly analytical and collaborative professional to join our Treasury Middle Office team as a Senior Analyst in Asset Liability Management (ALM) Modeling. This role is central to supporting BDC’s financial sustainability and risk management by developing and maintaining models that assess interest rate risk, liquidity risk, and balance sheet dynamics.

You will also play a key role in supporting Treasury Front Office activities by providing timely analytics and model insights that inform funding, investment, and hedging decisions—all within the framework of Canadian regulatory expectations and BDC’s unique public policy mandate.

CHALLENGES TO BE MET

Monitoring and Reporting

• Extract and interpret treasury financial data from internal systems and Bloomberg to produce the Treasury balance sheet, interest rate gap reports, and stress test outputs.

• Collaborate with IT and data teams to ensure proper incorporation of portfolio data into ALM systems, including mapping of cash flows, risk factors, and behavioral assumptions.

• Collaborate on risk-return analyses in supporting Treasury’s decision-making on funding, hedging, and investment strategies, including scenario-based optimization.

• Preparation of risk reports, liquidity position, and investment portfolio composition and activity.

• Monitor and report breaches of risk tolerance thresholds (e.g., Net Interest Income (NII), liquidity, credit risk), and recommend corrective actions in line with the Treasury Risk Policy.

Model Development & Enhancement

• Develop and maintain ALM models related to BDC’s balance sheet positioning, NII, Economic Value of Equity (EVE) and Earnings at Risk (EAR).

• Build behavioral models for loan prepayments, disbursements, write-offs, and other key banking book exposures.

• Integrate macroeconomic and market data into scenario-based forecasting models.

Regulatory Compliance & Risk Management

• Ensure models comply with Canadian regulatory requirements, including OSFI guidelines, Basel III/IV and IRRBB.

• Support internal model validation, audit reviews, and documentation in line with BDC’s Model Risk governance framework.

• Contribute to Internal Capital Adequacy Assessment Process (ICAAP) through robust modeling and scenario analysis.

Treasury Front Office Support

• Provide model outputs, analytics, and scenario analysis to support Treasury Front Office in funding, investment, and hedging strategies.

• Collaborate with Treasury Front Office team to assess market impacts on balance sheet positioning and risk exposures.

• Assist in the development of decision-support tools and dashboards for Treasury operations.

Balance Sheet Strategy & Analytics

• Conduct scenario analysis under various interest rate environments (e.g., 100bps parallel shocks, non-parallel yield curve shifts) to assess potential losses and opportunity costs.

• Provide insights to Treasury and Finance teams to support strategic planning and balance sheet optimization.

Stakeholder Collaboration

• Work closely with Treasury, Risk, Finance, and IT teams to ensure model integration and alignment with BDC’s strategic objectives.

Technology & Data

• Leverage tools such as VBA for Excel, Python, and SQL for model development and automation to improve efficiency while reducing operational risk.

WHAT WE ARE LOOKING FOR

• Bachelor’s or Master’s degree in Finance, Economics, Mathematics, Statistics, Engineering, or a related field.

• Experience:

  • 3–7 years of experience in ALM, Risk Management, Treasury, or Financial Modeling within a Canadian banking or financial institution.

• Skills & Competencies:

  • Strong quantitative and analytical skills with attention to detail.

  • Advanced proficiency in programming and data analysis tools (e.g., VBA, Python, SQL, Excel).

  • Deep understanding of banking products, interest rate risk, and liquidity risk.

  • Excellent verbal and written communication and presentation skills.

  • Ability to manage multiple priorities and time sensitive deadlines.

  • In-depth data driven decision making skills.

  • Willingness to learn and curiosity.

  • Collaborative mindset with a strong team orientation, demonstrated through a willingness to share knowledge, support peers, and actively contribute to a positive and high-performing team culture.

Preferred Qualifications (Assets)

• FRM, PRM, CFA, MLARM (or in progress).

• Bilingual in both official languages (English & French)

• Knowledge of OSFI regulatory reporting and risk guidelines.

• Familiarity with machine learning or advanced analytics in financial modeling.

• Experience with ALM software such as QRM, FIS or others

Proudly one of Canada’s Top 100 Employers and one of Canada’s Best Diversity Employers, we are committed to fostering a diverse, equitable, inclusive and accessible environment where all employees can thrive and feel empowered to bring their whole selves to work. If you require an accommodation to complete your application, please do not hesitate to contact us at [email protected].

While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.