Risk Management Analyst
A Sustainable, Forward Thinking Protein Company
Maple Leaf Foods is a leading meat and plant-based protein company, employing over 11,500 people and publicly traded on the Toronto Stock Exchange. We are proud of our roots, which trace back well over 100 years, but our vision and purpose are decidedly forward looking. As we pursue our vision to become the most sustainable protein company on earth, we are committed to creating shared value – creative business value through addressing some of the world’s most critical social and environmental challenges. Our goal is to build a more sustainable food system, which provides nutritious affordable food, operates within planetary limits, cares for animals responsibly, and meaningfully engages with our communities to advance a more just society. We are advancing bold changes within Maple Leaf and more broadly within society to pursue our vision. We deeply believe this is the sustainable path to growth.
Our job is to make great food
Maple Leaf Foods embraces a strong values-based culture, where our people are deeply engaged in work that is purposeful, fast-paced and challenging. We cultivate an open, non-bureaucratic and inclusive workplace that fosters safety and transparency, along with individual leadership and accountability. Each Maple Leaf team member has a voice and plays an active role in helping all of us achieve our goals with passion and discipline. We support one another to grow professionally, to learn new skills and to take on challenging experiences in the spirit of continuous improvement.
Raise the Good in Food
We have united behind a shared purpose – to Raise the Good in Food. This spans a dramatic transformation of our flagship Maple Leaf brand, replacing anything artificial with simple, natural ingredients; investments and process changes to reduce our environmental footprint by 50% by 2025; building a diverse and inclusive culture where all talent thrives; becoming a leader in animal care; and advancing food security through our charitable foundation, the Maple Leaf Centre for Action on Food Security. .
Our Leadership Values
Eight core values guide us in everything that we do.
- Do What’s Right
- Shared Value
- High Performance
- Diverse and Inclusive Teams
- Disciplined Decision Making
- Our Accountability
- Intense Curiosity
- Transparency and Humility
Maple Leaf Foods is exposed to commodity, foreign exchange, and interest rate risk through its operating and financing activities. Maple Leaf’s Treasury and Risk Management Department analyzes and mitigates these risks by using a variety of tools such as forward contracts, futures, and options. Additionally, The Department oversees and manages the Company’s insurance programs. The Department provides risk management services to the Company’s operating units and reports the Company’s risk position to Senior Management and the Board of Directors.
The Risk Analyst will support the operating units in identifying risk exposures, reporting on risk management activities, and implementing hedging and insurance solutions. This individual also assists in month-end closing procedures, provides analysis on ad-hoc requests, manages the day-to-day aspects of the insurance program, and develops expertise in the Company’s risk management programs.
A snapshot of some of the exciting things you will lead and do:
Work with operating units to monitor the Company’s risk exposures and assist in the implementation of new hedging strategies
Monitor currency, interest rate, and commodity markets to provide insights and identify hedging opportunities
Perform reporting on risk management activities, complete settlements with trading counterparties, and enter transactions into treasury system
Implement hedge accounting requirements to manage the impact of derivatives
Assist in regular updates to Senior Management and the Board of Directors
Work with Manager, Risk Management and Senior Analyst, Risk Management to complete month-end/quarter-end closing and reporting procedures
Work with Senior Analyst, Risk Management to improve processes and streamline workflow
Manage the day-to-day aspects of the insurance program such as issuance of certificates of insurance, information gathering, and preparation of coverage summaries
Assist the Risk Management team with ad-hoc requests
Develop core expertise in financial risk management, including the use of financial derivatives (forwards, futures, options) to hedge Maple Leaf’s commodity and foreign exchange exposures
Become a subject matter expert on foreign exchange, commodity, and interest rate markets
Gain an understanding of complex accounting for derivatives and hedging relationships
Develop expertise in the Company’s insurance programs
Provide input into the enhancement of current processes which will serve to strengthen the risk management framework and improve Company oversight
What we have to offer you:
- Be part of a company with an inspiring and unique vision, with a deep commitment to sustainability and expanding its leadership in sustainable protein across North America
- Professional and career development opportunities, supported by our commitment to talent development through our partnership with the Ivey School of Business.
- Competitive Health and Wellness benefits that start on your first day of employment
- Defined Contribution Pension Plan
- Commitment to Learning – courses, resources and tools provided to all employees
- Employee Assistance Program
What you will bring:
Completion of a finance or commerce post-secondary program. Master’s degree an asset
Completion of financial modelling courses an asset
0-2 years of experience working in Treasury, Risk Analysis, or with derivatives preferred
Preference will be given to those who have enrolled or have progressed towards a professional designation (CPA, CFA, or FRM)
Interest in financial markets and understanding of foreign exchange, interest rate, and commodity risk
Strong mathematical skills and an ability to grasp accounting concepts
Ability to present complex technical concepts to a wide range of audiences
Strong Excel and financial modeling skills (VBA experience would be an asset)
Experience using Bloomberg and treasury management systems
Demonstrated team player with a can-do mentality and positive attitude
Desire to learn and to be challenged
We thank all applicants for their interest in exploring employment opportunities with Maple Leaf Foods; however, only those selected for an interview will be contacted. Applicants may be subject to a background check and must meet the security criteria designated for the position.
Championing diversity and inclusion is a critical component to advancing our collective purpose and vision, living the Maple Leaf Leadership Values, and delivering winning results. Accommodation is available upon request for applicants with disabilities in the recruitment and assessment process and when hired; please contact our Talent Attraction Team at email@example.com.