City : New York City, NY, US, 10281

Category : Business and Financial Operations

Industry : Finance

Employer : Scotiabank

Requisition ID: 175768

 Salary Range: 106,400.00 - 203,600.00 

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Contributes to the overall success of the U.S. International Money Markets and Funding team ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives.  Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

The incumbent is responsible to ensure U.S. International Money Markets and Funding builds and maintains effective relationships with the U.S. GBM businesses to optimize liquidity, balance sheet positioning and drive both profitable and sustainable balance sheet growth.

Is this role right for you? You will be responsible for:

• Responsible for the development of scope, structure and on-going monitoring of the Bank’s liquidity and balance sheet management reports and provide specific recommendations for optimizing liquidity metrics and balance sheet utilization
• Lead the development of forward-looking market scenarios and collaborate with business lines to assess the impact to product balances and revenue
• Responsible for leading the development of US business line liquidity dashboards for Senior Management reporting that incorporate funding gaps, liquidity metrics impact, and return metrics
• Lead the development of Reg YY Contingency Funding Plan Playbooks that incorporate idiosyncratic and systemic stress scenarios for the US Business Lines
• Lead the business line balance sheet limit setting process, subsequently monitor and review business line limit utilization, and take ownership of the escalation and remediation
• Manage the end-to-end U.S. liquidity projections process collaborating with US Finance and Business Lines, including the Reg YY Long-Term Behavioral Cash Flow Projections
• Liaison with major business lines to reconcile, analyze and improve US Treasury reports including where necessary, building out US Governance, roles and responsibilities, reporting and overall coordination of business line reviews including both unsecured and secured funding markets
• Liaison with major business lines to enhance Reg YY US Liquidity Stress Testing methodologies
• Enhance the intraday and collateral management framework as it relates to Reg YY
• Collaborate with business lines to analyze the impact of business changes on the firm’s liquidity profile and regulatory metrics
• Collaborate with business lines and other stakeholders on the annual business planning process
• Monitor and perform analysis on the Weighted Short-Term Wholesale Funding metric and the impact on the Bank’s FBO Tailoring Category strategy
• Present to Senior Management at various committees such as US ALCO on key takeaways from the above processes to aid decision making
• Liaison with audit to ensure successful completion of Treasury BSM related audit engagements
• Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operations risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the aforementioned Frameworks
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions
• Champions a high-performance environment and contributes to an inclusive work environment

Do you have the skills you need to succeed? We'd love to work with you, if you have:
 

• Undergraduate degree or graduate degree in business, finance or economics preferred. Non-business degree combined with CFA would be acceptable.
• Strong analytical skills including extensive facility with PowerPoint, Excel, Tableau, Axiom and Bloomberg among others.
• The ability to be precise and there is a strong need to be able to multi-task and be detailed oriented
• Strong attention to detail and strong oral and written communication skills

Location(s):  United States : New York : New York City

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.