Grade: E11

Referral Level: Level 3

Division: IGM Executive

IGM Financial Inc. is one of Canada's leading diversified wealth and asset management companies with approximately $271 billion in total assets under management. The company provides a broad range of financial planning and investment management services to help more than two million Canadians meet their financial goals. Its activities are carried out principally through IG Wealth Management and Mackenzie Investments.

Under IGM Financial’s unique business model based on leading brands and multi-channel distribution strategy is Mackenzie Investments, founded in 1967.  Mackenzie Investments is a holistic asset-management partner for thousands of Canadian financial advisors and the investors they support. 

At Mackenzie Investments You Can Build Your Career with Confidence.

We have a vision and a strategy that will challenge the way business in this industry is done and help Canadians be successful in the ways that mean the most to them. As part of our team, you will do some of your best work, develop some of your most valuable skills and give back in ways that make a difference in the lives of Canadians.  We are proud to be recognized as one of Canada’s Top Employers by Mediacorp Canada Inc. for empowering our employees with the tools to thrive while working remotely, while also providing resources to ensure physical and mental wellness were put front and centre.

Join an unstoppable team that is embedded in continuous learning, understanding, and knowledge sharing. You will thrive in our supportive environment where you can indulge your curiosity to learn, while receiving the feedback you need to refine your skills and abilities. We are dedicated to offering a hybrid work environment when applicable.

Mackenzie Investments is a diverse workplace committed to doing business inclusively - this starts with having a representative workforce! We encourage applications from all qualified candidates that represent the diversity present across Canada – including racialized persons, women, Indigenous persons, persons with disabilities, 2SLGBTQIA+ community, gender diverse and neurodiverse individuals, as well as all who may contribute to the further diversification of ideas.

Job Summary:

We are seeking an experienced and forward-thinking leader to serve as VP, Treasurer, responsible for leading the treasury function and advancing its strategy to meet the future needs of the organization. This role is critical in driving the organization’s capital, liquidity, and funding strategies, ensuring alignment with long-term business objectives. The Treasurer will provide strong leadership to a high-performing team, optimize the balance sheet, manage risk, and foster strategic relationships with financial partners.

Key Responsibilities:

Treasury Strategy and Leadership:

• Develop and execute a treasury strategy aligned with the organization’s financial and growth objectives.
• Manage capital and liquidity planning to ensure compliance with regulatory requirements and support business needs.

Funding and Liquidity Management:

• Oversee funding strategies, including managing banking relationships, capital markets access, and optimizing funding sources. This includes oversight of funding for a growing mortgage business with approximately $7 billion residential mortgages under administration.
• Oversee robust liquidity management practices, including cash flow forecasting, stress testing, and scenario analysis.

Risk Management and Regulatory Compliance:

• Ensure compliance with regulatory capital and other regulatory requirements (e.g., CIRO, CSA, OSFI).
• Collaborate with second-line risk management and finance teams to monitor, mitigate and report on risks associated with interest rates, currency fluctuations, capital and liquidity.
• Develop key risk indicators and ensure risks are managed within the company’s risk appetite.

Banking and Capital Markets Relationships:

• Cultivate strong relationships with financial institutions to secure funding, manage credit facilities, and access capital markets.
• Oversee negotiations for bank credit lines, transactional banking and wire payment, short-term investments, and other treasury-related agreements.

Balance Sheet Optimization:

• Optimize the balance sheet to support profitability, including capital structure analysis, working capital optimization, and allocation of excess capital.

Team Leadership and Development:

• Lead, develop, and mentor the treasury team, fostering a culture of accountability, collaboration, and continuous improvement.
• Build and manage a high-performing team capable of adapting to the changing needs of the organization.

Qualifications:

• Education: Bachelor’s degree in Finance, Economics, or related field. MBA, CFA, CPA, or similar designation
• Experience: Minimum 10 years of progressive experience in treasury, finance, or capital markets within a financial services or banking environment. Proven experience in managing liquidity, capital, and funding for a large financial organization. Mortgage securitization and funding experience is an asset.
• Technical Skills: Strong knowledge of treasury and risk management systems, capital markets, and regulatory requirements. Proficiency to oversee financial modeling, data analysis, and risk management
• Leadership and Strategic Skills: Demonstrated leadership ability to build and lead a team, influence executive decision-making, and drive strategic initiatives. Strong communication, analytical, and problem-solving skills, with a high attention to detail.
• As this position is posted in Montréal, Toronto and Winnipeg, we specify that bilingualism (French, English, both oral and written) is required for Quebec only for the frequent interactions with English.

Please visit our career page by clicking on the following link: https://www.mackenzieinvestments.com/en/careers

We thank all applicants for their interest in Mackenzie Investments; however, only those candidates selected for an interview will be contacted.

Mackenzie Investments is an accessible employer committed to providing a barrier free recruitment experience. If you require an accommodation or this information in an alternate format at any stage of the recruitment process, please reach out to the Talent Acquisition team who will work with you to meet your needs.

Please apply by February 10, 2025.

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