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Director of Counterparty, Liquidity and Matching Risk Oversight and Monitoring

Desjardinsabout 22 hours ago
Hybrid
Montréal, QC
Senior Level
full_time

Top Benefits

Competitive salary and annual bonus
4 weeks of flexible vacation starting in the first year
Defined benefit pension plan that provides predictable, stable income throughout retirement

About the role

As the director of Counterparty, Liquidity and Matching Risk Oversight and Monitoring, you ensure risk management. You support Desjardins’s strategic directions by taking on a leadership role in identifying, prioritizing and acting on opportunities in your areas of expertise. Your team is responsible for establishing risk parameters and monitoring their limits. More specifically, you will be required to:

  • Help the vice-president define strategic directions
  • Quantify and report to senior management on key risks
  • Disclose the information required in the risk management section of financial statements
  • Keep your team members engaged and support them with their goals and careers
  • Oversee Desjardins’ daily liquidity monitoring (including through liquidity ratios) in collaboration with the treasury
  • Monitor Desjardins’s investment limits and take action as needed
  • Use simulations (liquidity, interest rates and investments) to support strategic decision-making (for financial planning, performance measurement and pricing assistance tools), and reassess risk appetite when needed
  • Support sectors with their business development
  • Enhance risk assessment software for interest rate, liquidity, counterparty and issuer risk
  • Communicate with the Autorité des marchés financiers about financial risk management
  • Prepare training for the various bodies
  • Promote Desjardins’s cooperative values.

What we offer*

  • Competitive salary and annual bonus

  • 4 weeks of flexible vacation starting in the first year

  • Defined benefit pension plan that provides predictable, stable income throughout retirement

  • Group insurance including telemedicine

  • Reimbursement of health and wellness expenses and telework equipment

  • Benefits apply based on eligibility criteria.

What you bring to the table

  • Bachelor’s degree in administration, mathematics, statistics or a related field
  • A minimum of ten years of relevant experience, including six years in management
  • Please note that other combinations of qualifications and relevant experience may be considered
  • Extensive experience in financial risk management
  • Knowledge of French is required
  • Intermediate advanced proficiency of English due to the nature of the duties or work tools or because the position involves interactions with English-speaking partners, members and/or clients
  • Advanced knowledge of modelling concepts for interest rate risk
  • Knowledge of financial institutions’ business sectors

Attracts top talent, Communicates effectively, Develops talent, Drive results, Interpersonal Savvy, Strategic mindset, Trust

#LI-Hybrid

Trade Union (If applicable)

At Desjardins, we believe in equity, diversity and inclusion. We're committed to welcoming, respecting and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should reflect the diversity of the members, clients and communities we serve.

If there's something we can do to help make the recruitment process or the job you're applying for more accessible, let us know. We can provide accommodations at any stage in the recruitment process. Just ask!

Job Family

Management (FG)

Unposting Date

2025-09-9

About Desjardins

Banking
10,000+

Desjardins Group is the largest cooperative financial group in North America and the fifth largest cooperative financial group in the world, with assets of $435.8 billion as at March 31, 2024. It was named one of Canada's Best Employers by Forbes magazine and by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Ranked among the world's strongest banks according to The Banker magazine, Desjardins has some of the highest capital ratios and credit ratings in the industry and the first according to Bloomberg News.