Permanent Full Time

The Director, Treasury, Capital and Risk Solutions supports the Head of Treasury, Capital and Risk Solutions (CRS) in delivering liquidity management, capital planning and reporting, treasury operations, and finance modernization priorities across CRS and its subsidiaries. The role leads analysis and execution, coordinates inputs across Finance, Risk, Capital Management, ALM, Investments, and business teams, and translates complex financial information into clear recommendations for senior management. Depending on the successful candidate’s experience, the position may also lead team members and act as a senior subject‑matter expert on treasury, capital and complex finance matters.

What you will do:

- Lead regular liquidity management and cash flow forecasting across CRS subsidiaries, identify emerging funding requirements and surplus positions, and recommend actions to optimize liquidity deployment.
- Coordinate banking relationships, cash management activities and financing arrangements, including intercompany funding.
- Oversee letter of credit monitoring and reporting in conjunction with compliance, legal, and new business teams.
- Lead defined workstreams within treasury and drive progressive financial initiatives, including implementation and ongoing enhancement of treasury technology, process standardization, controls and reporting.
- Support annual planning, forecasting and reporting at divisional and local entity levels, including analysis of regulatory capital, dividend capacity and capital deployment opportunities.
- Support stress testing and scenario analysis for liquidity, capital and risk metrics, ensuring alignment with earnings forecasts and strategic priorities.




- Support oversight of short‑term surplus assets within approved investment guidelines, balancing liquidity, risk and return objectives in collaboration with ALM and subsidiary finance teams.
- Prepare investment reporting for the Board and Management Committees, ensuring inputs are accurate, timely and clearly communicated.
- Develop effective working relationships across multiple locations, coach team members where applicable, and promote strong documentation, governance and continuous improvement.

What you will bring:

- Chartered Professional Accountant (CPA), Chartered Financial Analyst (CFA) or other relevant professional designation required.
- Minimum 7 years of progressive experience in treasury, capital management, finance, accounting or financial analysis, including demonstrated leadership of cross‑functional initiatives.
- Demonstrated understanding of liquidity planning, cash flow forecasting, banking and funding arrangements, and investment oversight.
- Knowledge of regulatory capital frameworks and risk reporting within reinsurance, insurance or financial services is considered an asset.
- Ability to analyze complex issues, challenge assumptions, exercise sound judgment and translate findings into practical recommendations.
- Experience with treasury management systems, financial transformation, process improvement, data visualization or systems implementation is an asset.




- Strong influencing and communication skills, including the ability to prepare executive‑ready materials and explain technical matters clearly to senior stakeholders.
- Strong leadership skills with the ability to motivate, engage and lead teams across functions and geographies.
- A curious and inquisitive nature, willing to challenge the status quo and drive positive change.
- A versatile and enthusiastic approach to work with a strong appetite to learn and develop both professionally and personally.

Canada Life Reinsurance is a leading provider of client‑focused reinsurance solutions in the United States, Europe and Asia. With offices in Canada, Ireland, the U.S, Barbados, and Bermuda, Canada Life Reinsurance offers a range of innovative risk and capital management solutions covering mortality, longevity, health and lapse risk for insurers, reinsurers and pension funds.

CRS is a division of Great‑West Lifeco, a Canadian‑headquartered, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses.

The base salary for this position is between $127,200 - $178,200 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 d

📌 Director, Treasury, Capital (Winnipeg)
🏢 Canada Life
📍 Winnipeg