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Title:  Associate Director - Collateral Management & Funding

                                                                                                               

 

 

Requisition ID: 69378

Cost Centre: NEW YORK AGENCY GENERAL 

 

We are committed to investing in our employees and helping you continue your career at Scotiabank.

 

 

 

Purpose:

 

  • Responsible for CMF sales and trading functions with a focus on collateral utilization and optimization across all USD repo and securities lending products.
  • Maintain relationships with financing and funding clients to maintain trading volume and insure best rate execution.
  • Provide market level guidance and direction to Scotia business units for the secured, utility funding of proprietary collateral.

 

Key Accountability:

 

  • Position requires a high degree of independent action and decision making within the confines of established client guidelines and BNS risk parameters.
  • Innovation and creativity are required to structure a program that focuses on maximizing the utilization of collateral while optimizing return across multiple asset classes with diverse requirements.
  • Challenging decisions are made under significant time constraints with extensive ramifications on the business group.

 

Experience & Education:

 

  • Expert knowledge of repo market demand attributions across multiple asset classes.
  • Thorough understanding of entire population of repo program collateral.
  • Practiced ability to manage the asset-liability composition of a repo trading program.
  • Acute awareness of credit and risk parameters and compliance guidelines

 

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

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. 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.


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