Director, Banking Operations

Permanent Full Time 

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We are looking for a Director, Banking Operations.

The Director of Banking Operations works collaboratively to co-lead the Banking Operations and Corporate Services for Canada Life and Great-West Lifeco.  This role works closely with leaders from Corporate Treasury, Investments and the Lines of business to ensure key transactions and processes are timely and accurately executed.  The ideal candidate combines strong technical expertise with leadership skills and a passion for continuous improvement.

What you will do

• Provide strong leadership and oversight of daily operations, including cash and reconciliations, corporate transactions, dividend workflows, and fraud mitigation.
• Provide coaching and mentoring to accelerate the development of team members through a clear and compelling vision, establishment of goals, measurement of performance, and continuous feedback
• Develop the departmental budget and strategic business plan, including prioritization of projects and tasks, and assigning resources
• Build collaborative partnerships with other internal business units to support business priorities and encourage innovation and continuous process improvements while applying effective change management practices
• Develop and cultivate effective relationships with external business partners including financial institutions and other key stakeholders
• Provide oversight of internal/external audit requests and testing, and controls over financial reporting documentation, including regular review of departmental processes and recommend changes where appropriate.
• Provide leadership and support the Cash Solutions and Corporate Services teams as co-lead of the larger team
• Participate in and complete ad hoc projects and reports, as required.

What you will bring

• 7+ years of relevant financial services or accounting experience.
• CPA is considered an asset.
• Highly motivated, agile, with a proven ability to work in a fast-paced environment and meet strict deadlines with multiple deliverables.
• Demonstrated problem-solving and analytical capabilities, with a focus on accuracy and attention to detail.
• Ability to anticipate, analyze and respond to a rapidly evolving and complex environment.
• Excellent communication skills.
• Proven ability to build collaborative partnerships.

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The base salary for this position is between  $92,100 - $170,500 annually.  This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc).  If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Be your best at Canada Life- Apply today!

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations. 

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. 

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.

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