Senior Manager, Treasury Operations

  • Ontario Teachers' Pension Plan
  • Toronto, Canada
  • Jan 16, 2024
Full time Executive

Job Description

The opportunity

The Senior Manager, Treasury Operations is responsible for overseeing 200+ bank accounts across multiple legal entities and 30+ currencies that are currently required to support various investment strategies within the plan. They will supervise and lead a dynamic team to support and oversee all cash management and reporting functions, mentor and develop talent, and support the Director in executing strategic and tactical projects. The Senior Manager will also be responsible to continuously evaluate, recommend, and execute in areas to optimize controls and efficiencies within the Treasury Operations team.

Who you'll work with

The Senior Manager will report to the Director, Global Market & Data Operations in Finance Operations.

What you'll do

  • Oversees the daily and month end cash operations including multi-currency payments, bank reconciliations, forecasting, and liquidity management reporting across our public and private asset classes. 

  • Ensure short term cash projections are accurately forecasted and communicated timely to the various Investment teams with the goal to minimize daily cash balances. 

  • Support internal departments with new product launches, bank account openings, funding requirements, and general inquiries as it relates to currency management  

  • Develops key financial and operational controls and ensures an appropriate control structure is in place with up-to-date policies and procedures

  • Attract and develop talent to maximize employee’s potential and fosters a highly engaged culture within the team. 

  • Evaluate and manage external providers (Custodians, Banks) to ensure excellent service is delivered to the fund. 

  • Initiates and encourages continuous process improvements & automations within the team across all cash management functions, while reducing complexities and risk for Financial Operations  

  • Oversees / participates in key projects within and across departments, evaluate operational impacts and risks, and recommend course of action to ensure operational readiness

  • Remain current with new and emerging industry best practices related to Treasury Operations and ensure compliance with SWIFT and market regulatory requirements    

  • Develop and incorporate key metrics which will promote accountability, efficiency and accuracy of information into daily operations.

Management Accountabilities

  • Overall accountability for team(s)

  • Recruit, develop, and engage a seasoned team of strong front line operations managers and staff.

  • Evaluate and develop members of the team(s) to ensure they have the appropriate skills and capabilities to succeed in their responsibilities

  • Build and maintain strong relationships with all key stakeholders

  • Demonstrate Teachers’ values consistently in interactions across all levels of the organization

  • Drive efficiency in execution across the full range of operations’ services

  • Provide leadership and management oversight to team

  • Stay current on the strategic direction of Teachers’ to determine how best to align resources to support their strategies

What you'll need

  • 8+ years of related professional experience in investment operations; ideally within public markets

  • Experience leading and developing a team (or teams) and mentoring people leaders with their own direct reports

  • Deep understanding of cash operations (payments, SWIFT standards, reconciliations), forecasting and liquidity reporting

  • Successful track record for project planning and management and has been a key driver in implementing change across operational teams

  • Relevant university degree

  • CTP, CFA, or MBA

  • Strong overall people management skills with the ability to support, train, mentor, coach in all areas of investment operations

  • Strong organizational, planning, analytical and problem-solving skills

  • Ability to prioritize, coordinate and complete tasks to meet deadlines, thinks both strategically and tactically

  • Proactive and dedicated customer service focus

  • Ability to build and maintain strong working relationships with all levels of management and staff; team builder

  • Consistent demonstration of professional, positive and approachable attitude

#LI-OTPP

#LI-Hybrid

 

What we’re offering

  • Pay-for-performance environment that offers competitive salary and incentive

  • Numerous opportunities for professional growth and development

  • Comprehensive employer paid benefits coverage

  • Retirement income through a defined benefit pension plan

  • The opportunity to invest back into the fund through our Deferred Incentive Program

  • A flexible/hybrid work environment combining in office collaboration and remote working

  • Competitive time off

  • Our Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each year

  • Employee discount programs including Edvantage and Perkopolis

  • Degreed: a digital platform that helps you quickly and easily discover, share, and track various learning resources — from courses to videos to articles and more

At Ontario Teachers', diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring.  We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves.  To learn more about our commitment to Diversity, Equity and Inclusion, check out Life at Teachers'.

How to apply

Are you ready to pursue new challenges and take your career to the next level? Apply today! You may be invited to complete a pre-recorded digital interview as part of your application.

Accommodations are available upon request (peopleandculture@otpp.com) for candidates with a disability taking part in the recruitment process and once hired.

Candidates must be legally entitled to work in the country where this role is located.

The privacy of your personal information is important to us. Please visit our Privacy Centre to learn how we handle your personal information.

Functional Areas:

Finance


 

Requisition ID:

5602