Title:  Director, Global Cash & Intraday Liquidity Management

Requisition ID: 254422 

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

Leads and oversees the Intraday Liquidity Management team ensuring business strategies, plans and initiatives are executed/delivered in compliance with governing regulations, internal policies and procedures. Ensures the availability of intraday liquidity for interbank payment systems and external Nostro accounts. This includes analyzing and reviewing results of reporting processes and recommending actions to ensure ongoing compliance with regulatory minimums.

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

• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Is accountable for payment & settlement balance management within the High Value Payment System Lynx and Federal Reserve environments.
• Responsible for setting up and monitoring Intraday Liquidity and Operating Liquidity Limits
• Sets the intraday liquidity strategies, cash management direction and provides recommendations to Senior Management for policies, and related procedures for the Bank.
• Manages the operating settlement liquidity for operations by ensuring there is sufficient immediate available liquidity to cover obligations.
• Responsible for cash forecasting for CAD & USD, including management of Continuous Linked Settlement (CLS) for CAD/USD
• Reviews and sets intraday liquidity stress testing framework with Liquidity Stress Testing Team and manages the production of the data and analysis into Intraday Liquidity Stress Tests
• Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and uses a coaching mindset and behaviours; communicating vison/values/business strategy; and managing succession and development planning for the team.

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

• Undergraduate degree or graduate degree in business, finance or economics preferred.
• Liquidity knowledge and experience is a must
• Excellent problem solving skills
• Basel and OSFI principles
• Expert knowledge of the markets and products traded, risks assumed and systems used.
• Expert communication/facilitation and presentation skills. Must be able to communicate and work effectively with management at all levels in the front, middle and back office environments.
• Balances competing or conflicting goals of various departments/stakeholders, requiring a mature, diplomatic approach and highly developed negotiation and influencing skills
• Actively listen, negotiate and communicate goals, share knowledge, experience and responsibility when dealing with direct reports, employees and business relationships in order to create a drive to be the best.
• Takes ownership of issues, makes decisions within authority and offers recommendations when outside authority. Exercises sound judgement consistently.

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.
• A competitive rewards program includes annual bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day. 
• 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.