Title:  Associate, CUSO Intraday Liquidity Management

Requisition ID: 266257 

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

The role:

Supports the oversight and management of intraday liquidity for CUSO (Combined U.S. Operations), ensuring regulatory compliance while delivering effective liquidity monitoring, funding efficiency, and analytical insight.

Is this role right for you? In this role, you will:

• Ensure compliance with Regulation YY intraday liquidity requirements by developing and executing monitoring, controls, and reporting processes, and performing ongoing analysis of intraday liquidity exposures, usage patterns, and risk drivers
• Support the U.S. Cash Management Business by providing intraday funding support, analyzing liquidity usage and funding needs, and contributing to intraday liquidity management strategies to optimize funding efficiency and minimize liquidity buffers
• Act as SME for intraday liquidity across U.S. clearing systems (e.g., Fedwire, CHIPS, DTC, CLS, etc.), providing oversight and analytics to optimize liquidity usage, manage payment flows, and enhance overall clearing efficiency
• Manage end-of-day U.S. cash positions across correspondent banks and central bank accounts by assessing balances, coordinating funding movements, and ensuring smooth and efficient liquidity positioning

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

• Degree in Finance, Economics, Data Analysis or related field
• 3+ years’ experience in Banking
• MBA / CFA / FRM are considered assets but not required.
• Understanding of intraday liquidity frameworks and regulatory requirements (e.g., Reg YY)
• Strong analytical and problem-solving skills
• Knowledge of payment systems, clearing processes, and intraday liquidity concepts 
• Strong communication and stakeholder management skills 
• Proficiency in Microsoft Excel, PowerPoint and Copilot; experience with Python and data visualization tools is an asset

What’s in it for you?

• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities – for you and our customers.
• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements. 

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.