FINANCIAL PLANNING & ANALYSIS MODELING EXPERT > Montreal > Joboolo CA :
Company : BANQUE DE DÉVELOPPEMENT DU CANADA Location : Montreal Quebec From : Neuvoo CA
Equity.
Inclusion.
They’re more than just words for BDC.
These concepts are foundational to our success and to our ability to attract, retain, mobilize and develop the right talent, as well as to offer a healthy, professional and collaborative environment.
We are committed to cultivating and preserving an environment where all employees can thrive, and, for over a decade, we have been recognized as one of Canada's Top 100 Employers and one of Canada's Best Diversity Employers. In recruiting for our team, we welcome the unique contributions that you can bring in terms of your education, opinions, culture, ethnicity, race, sex, gender identity and expression, nation of origin, age, languages spoken, veteran’s status, color, religion, disability, sexual orientation, beliefs, experiences, and more.POSITION OVERVIEWModelingThe FinancialPlanning & AnalysisModelingExpert is actively involved in the preparation of the five-year business plan and the annual budget by designing, creating, implementing and modifying financial models to present several simulations, analyses and reports relating to financial information.
The incumbent is also responsible for improving financial models and proposing solutions to create efficiency through process enhancement.The individual is accountable for the quality of models’ documentation.
He/she will ensure that each model is clearly documented in a standardized fashion in line with best practices.
The incumbent should have a continuous improvement mindset and picture how models can be optimized to move modeling from Excel to a cloud application.TreasuryThe person will be actively involved in Treasury’s day-to day operations such as cash management, funding/hedging of BDC’s asset portfolio, BDC’s Pension Fund oversight and BDC’s base rates changes.
The individual will also be involved in preparing documentation and presentations for Management committees.
He/she will also be involved in Treasury projects.
As such, a creative mindset and project management skills are expected.CHALLENGES TO BE METModelingDesign, create and implement financial models for the purpose of preparing and reporting quantitatively and qualitatively for the corporate plan and budget.Prepare forecasts models and run scenarios to support BDC's strategic planning process, as well as to provide key insights to management and executives. Work with Business Partners and FP&A Senior Analyst to design, create and implement financial models from the ground up for new business ventures and initiatives.Understand the current forecasting models’ environment (models purpose, relations between models,…) and propose solutions to optimize the models’ environment to create efficiency.Develop a comprehensive documentation for each financial model.
Financial models should be clearly documented for ease of use and understandability.Determine and develop internal database requirements for the various models created and ensure data maintenance and integrity.Develop ways to derive timely information from all available databases.Keep abreast of modeling best practices and make recommendations for improvement.Prepare & optimize models to move modeling from Excel to a cloud application (Workday Adaptive Planning).Treasury Determine and execute daily borrowings with the Bank of Canada by projecting and monitoring BDC’s cash flow needs.Monitor the asset mix of the Pension Fund and make any recommendations to comply with the investment policy.Participate in developing and updating funding strategies for the loan portfolio to protect the profitability of the Bank, by gathering and analyzing various financial and economic data.Execute transactions on the financial markets for managing BDC’s short-term investments.Negotiate and transact interest rates and foreign currency derivatives on the financial markets as required to mitigate some financial risks.Prepare and design presentations and reports for the Asset Liability Committee and Management Pension Funds Investment Committee.As required, improve and develop treasury management systems and reporting.WHAT WE ARE LOOKING FORBachelor's degree in finance or accountingFive years of experience in financialmodelingStrong modeling skills and advanced knowledge of ExcelAbility to create financial models from the ground up to support new business venturesProactivity, autonomy, entrepreneurial mindset.
Able to generate new ideas and improve existing processesGood ability to learn and challenge status-quoHigh ability to work under pressure and meet deadlinesAbility to handle ambiguous situations and quickly understand new conceptsBilingualism in English and French, orally and in writingIcing on the cakeTitle of accountant of the CPA order or CFA level IKnowledge of the financial services sectorKnowledge of the Workday Adaptive Planning applicationExperience in transacting on financial markets (money market, capital market, currency and their derivatives)Knowledge of Excel/VBA, Matlab, R, Python or any coding experienceTreasury front/mid/back office experienceKnowledge of BloombergWith us, you'll be able to achieve the work/life balance you're looking for, with competitive working conditions and above-market flexible benefits.?This includes modern workspaces to work from when you are in our offices, and, for some specific positions, the ability to work remotely, on reserve, and/or within your community.While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.
If you are a candidate with a disability and need an accommodation to complete the application process, please email us at accessibility@BDC.ca, and include your full name, the best way to reach you, and the accommodation needed to assist you with the application process. BANQUE DE DÉVELOPPEMENT DU CANADA MontrealQuebec
