Title:  Associate, Collateral and Intraday Liquidity Management

Requisition ID: 236031

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

Global Collateral and Intraday Liquidity Management is responsible for reporting and managing liquidity and funding risk for the bank. This includes liquidity management and strategy, stress testing, daily cash management, collateral placement, as well as financial, regulatory, and management reporting. 

Reporting to the Associate Director, the Associate Collateral and Intraday Liquidity Management is primarily focused on:

• Daily production of Collateral Sources and Uses data
• Building and managing Bank-wide collateral MIS
• Monitoring of Bank-wide SFT utilization against the Limits on the daily basis
• Monthly production of regulatory reports, such as Canada Deposit Insurance Corporation’s (CDIC) schedules, regional Cash Gap production support, U.K. Bank Levy, Scotia Capital Inc., U.S. collateral reporting, etc.
• Regional SFT-related initiatives and implementations

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

• Support daily operational collateral MIS production, data validation and create necessary adjustments
• Manage product mapping, legal entities mapping, intercompany references, and other tables
• Validate data to EGL/OBI, Finance reports, and other sources and benchmarks
• Produce monthly CDIC schedules and perform data validation and controls. Partner with Technology teams to troubleshoot production issues, log defects, and recommend enhancements/solutions.
• Provide backup for the Bank-wide SFT limits monitoring, Scotia Capital Inc. and U.S. liquidity reports, and other deliverables
• Participate in testing, dashboard development and repo netting assessment
• Assist with regional stress testing and other reporting initiatives
• Other routine and ad hoc tasks as required

Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with:

• Undergraduate in Business, Finance or Accounting
• Minimum 3 years of experience in the banking industry with a focus on financial and management regulatory reporting
• Strong background in accounting and financial statement analysis, as well as a detailed understanding of banking products across business lines
• Project planning, risk management, and other project management skills are preferred.
• Working knowledge of SQL, VBA, Power BI, and MS Office
• Prior experience in liquidity management and liquidity regulatory framework is an asset
• Strong analytic and problem-solving skills
• Strong verbal and written communication skills
• Team-oriented player able to work well in a complex, demanding, and fast-paced environment

What's in it for you?

• In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
• You'll be part of a diverse, collaborative, innovative, and high-performing team
• We offer a competitive rewards package:
• Performance bonus, Employee Share Ownership Program, and Pension Plan Matching
• Health Benefits from day one!
• You will relish work-life balance, team events, and opportunities to participate in the community.
• Your career matters!  You will have access to career development and progression opportunities.

Please Note:  Group Treasury staff are treated as insiders of the Bank and are subject to the Terms and Conditions of the Scotiabank Personal Trading Policy.

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.