Requisition ID : 209363
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Under the direction of the Director, Global Capital Markets (GCM) Treasury, this role is accountable for assisting in ensuring business strategies, plans and initiatives are executed and delivered in compliance with governing regulations, internal policies and procedures.
The individual will develop a solid understanding of GCM business line strategies (Capital Markets and Business Banking) and with this knowledge assist in providing guidance to the Director, GBM Treasury on liquidity and funding risk mitigation and optimization.
Is this role right for you? In this role, you will :
- Support the Director, GCM Treasury, in managing capital, liquidity and funding requirements associated with the business activity of GBM with the goal of optimizing balance sheet and funding utilization of the division
- Assist in collating relevant information from GT verticals including Liquidity and Funding Management to assess impact to key metrics such as stress testing, LCR, NSFR from the divisions’ forecasted business activity and long-term strategic plans
- Assist the Director, GCM Treasury, in developing appropriate tools and internal reporting to monitor utilization allocated resources
- Identify opportunities to optimize the liability side of the broader GBM balance sheet
- Support the production and delivery of ad-hoc and strategic analysis / presentations to senior management with respect to capital, liquidity and related metrics for individual businesses within the division
- Support the review of regulatory changes affecting funding and how they impact the GBM division and assist in liaising with the businesses on the internal application of these proposals
- Support the Director, GCM Treasury, with the Bank’s Resolution Plan and other matters as required e.g. Trade-book wind down
- Assist the Director, GCM Treasury, with the quarterly peer review of Funding and Liquidity metrics.
Do you have the skills that will enable you to succeed? We’d love to work with you if you have :
- Bachelor’s degree in business, finance, mathematics or economics is a must
- Master’s degree, recognized Professional designation in a specialized area of finance or business (CFA / Accounting), is an asset
- 3+ years of experience in a related field Treasury, Liquidity Risk Management or Treasury Strategy role at a bulge bracket bank
- In-depth knowledge of functions and activities including liquidity and funding risks associated with secured funding, prime brokerage, derivatives and commitments products
- Proficiency in banking regulations (LCR, NSFR, NCCF) and sound practices (Basel, OSFI, etc.)
- The ability to understand the regulatory environment in all regions and potential effects on investment, liquidity, structural risk and ALM activities
- The ability to review balance sheet and business funding usage including forecasting
- Strong interpersonal, organizational and project management skills and an ability to work in a fast-paced environment with multiple priorities
- Superior communication skills with ability to influence executives across the organization
What’s in it for you?
- An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
- We offer a competitive rewards package : Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
- Your career matters! You will have access to career development and progression opportunities.
Location(s) : Canada : Ontario : Toronto
Scotiabank is a leading bank in the Americas. Guided by our purpose : "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone.
If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know.
If you require technical assistance, please click here . Candidates must apply directly online to be considered for this role.
We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.