Analyst, Treasury

RioCan Real Estate Investment Trust, one of Canada’s largest publicly traded REITs with a strong retail-focused and mixed-use portfolio, is looking for an Analyst to join its Treasury team in Toronto. The role sits onsite and reports to the Manager, Capital Markets & Treasury. It’s a great fit for someone who wants exposure to debt and equity capital markets, direct interaction with investment banks, lenders, rating agencies, and senior decision-makers in a major public company. RioCan highlights a welcoming, inclusive culture and a track record of recognizing and rewarding talent.

The company is known for its long-standing growth and community-minded spaces where people shop, live, work, and play. RioCan has earned accolades for its corporate culture, environmental efforts, and diversity, underscoring a stable platform for career development. The team values people who bring their whole selves to work and who are eager to learn, lead, and make a measurable impact every day.

A day in the treasury room

You’ll work under the Manager, Capital Markets & Treasury, contributing across treasury, capital markets, and corporate finance. Expect to help evaluate and structure debt and equity financing, assist with debenture issuances, mortgage financings, term loans, revolvers, equity issuances, and derivative transactions, and prepare materials for lenders and rating agencies. The role also involves tracking debt maturities, watching interest rate movements and credit spreads, and supporting refinancing and hedging decisions as part of broader capital allocation work.

In treasury and financial analysis, you’ll forecast cash flows, assess liquidity, and formulate financing recommendations. You’ll contribute to quarterly Treasury Reports for senior management and the Board, monitor covenant compliance and leverage metrics, and maintain schedules for debt, derivatives, guarantees, letters of credit, and financing activities. You’ll build models and reporting tools designed to support treasury decisions and keep the numbers in clear sight for executives.

On the treasury operations side, you’ll handle daily cash management, banking activities, and payment processing, while maintaining banking relationships and treasury documentation. You’ll support internal and external audits and assist with month-end, quarter-end, and year-end reporting. You’ll also take on the lead system admin responsibility for Equifax, ensuring the system runs smoothly and data stays aligned with treasury needs.

Beyond the day-to-day, the team looks to you to lend support to acquisitions, dispositions, financings, and other strategic corporate initiatives. You’ll be encouraged to identify and implement process improvements through technology, automation, and data analytics to drive efficiency and better decision-making across the function.

Must-haves and nice-to-haves

Must-haves and nice-to-haves are all about the essentials you bring to the table and the extra edge that helps you stand out. Here’s how RioCan frames it:

• Must-have: an undergraduate degree in finance, accounting, economics, commerce, or a related field
• Must-have: one to three years of hands-on experience in treasury, corporate finance, capital markets, investment banking, commercial banking, public accounting, equity research, or investor relations
• Must-have: progress toward a CFA, CPA, FRM, or similar professional designation is strongly preferred
• Must-have: solid financial modeling, strong analytical capabilities, and good problem-solving skills
• Must-have: demonstrated interest in capital markets, investing, and corporate finance
• Must-have: advanced proficiency with Excel and PowerPoint
• Must-have: excellent written and verbal communication with the ability to translate complex analyses into actionable insights
• Must-have: a highly motivated, detail-oriented self-starter who can manage multiple priorities in a fast-paced environment
• Nice-to-have: experience using AI-enabled tools and technology to boost efficiency

Pay, perks and practical details

The base salary range is presented to reflect compensation for candidates at varying levels of experience and proficiency, with the final figure determined by competencies, skills, experience, education, and team needs. The posted range does not include bonus or other total rewards, though the role is eligible to participate in the company’s bonus program.

RioCan offers a comprehensive rewards package designed to support you physically, financially, and professionally. From day one, you’ll have access to health and dental coverage, wellness and lifestyle spending accounts, an employee assistance program, and virtual healthcare services. The retirement program includes matching, a pension option, and an employee unit purchase plan. For balance, the company highlights flexible work hours and special benefits like RioCan Cares Day and half-days before long weekends in the summer. Professional growth is supported through education reimbursement, mentorship and leadership development programs, on-demand online learning, and cross-functional training opportunities. Additional perks include paid time off, parental leave top-up, employee discounts, referral and recognition programs, and year-round opportunities to engage with community initiatives and social events.

The role is full-time and onsite in Toronto. RioCan is committed to a diverse and inclusive workplace and provides accommodations for people with disabilities upon request. If you want a fuller picture of who RioCan is, you can explore www.riocan.com and follow the company on LinkedIn.

Three or four tips to help you shine

First, place your treasury and capital markets experience front and center on your resume. Highlight specific work on debt and equity financing, cash-flow forecasting, liquidity analysis, and any experience with hedging or capital allocation decisions, plus the kinds of financing you’ve supported (debentures, mortgages, term loans, revolvers, etc.).

Second, prove you have the must-have skills with concrete results. If you’ve built analytical models or reporting tools, describe what problem they solved, the impact on funding decisions, and how you used Excel and PowerPoint to present findings clearly to senior leaders. If you’ve used AI-enabled tools, spell out what processes you improved and what efficiency gains you observed.

Third, prepare for interviews by outlining your approach to debt covenants, leverage metrics, liquidity targets, and interest-rate exposure. Be ready with a compact case or example that demonstrates how you’d monitor capital markets activity and translate that into actionable guidance for financing decisions.

Fourth, have a thoughtful question ready about the role’s Equifax responsibilities and how treasury data flows into lender or rating-agency materials. A good example: ask how the team leverages Equifax in daily operations and what you would own as the lead system administrator for that platform.