Title:  First Nation/Metis/Inuit - Manager, Liquidity Risk

Requisition ID: 193796

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

Posted pursuant to Scotiabank’s Special Measure Program under the Employment Equity Act and Canadian Human Rights Act.
 
While you must be an Indigenous person in order to submit your resume, participation is completely voluntary. Please use the definition below to make sure you’re eligible and open to self-identifying as Indigenous person: 
Indigenous Peoples include First Nations, Métis and Inuit people. Only those Indigenous peoples who come from Canada should identify themselves as belonging to this designated group.
 

The Liquidity & Interest Rate Risk (LIRR) Group plays a key role in formulating the Bank’s risk appetite and governance framework, and provides individual oversight of the Bank's liquidity, structural and non-trading risks.  Scotiabank’s approach to risk management is a globally recognized advantage that balances sound judgement, effective tools, collaboration and oversight.  Our greatest strength is the expertise and commitment of our people, and we are focused on attracting, developing and rewarding a diverse group of high-performing employees.

The Manager Liquidity Risk plays an important role in the Bank’s Liquidity Risk Oversight function. The incumbent provides forward-looking insights and takes ownership of key initiatives for the successful execution of our mandate. Success in this role is found by a combination of accountabilities and demonstration of core values – Respect, Integrity, Passion, and Accountability.  This is a great career opportunity for interested candidates to gain broad exposure to the enterprise treasury function within a systemically important financial institution.

Job Responsibilities:

• Contribute to the implementation of an effective liquidity risk management framework aligned with the Bank's risk appetite, regulatory requirements, and best practices.

• Provide effective second line oversight of the liquidity, funding and collateral management activities of Group Treasury and capital markets business areas.

• Collaborate with business partners in achievement of the Bank's goals by contributing expertise on liquidity risk and forward looking analytical insights.

• Leverage the capabilities of the recently implemented Dynamic Liquidity Scenario Builder automated tool to enhance liquidity forecasting and decision making.

• Drive the implementation of best practices and analytical techniques for evaluating the liquidity risk impact of the Bank’s products and strategies.

• Provide subject matter expertise on liquidity risk and related regulations, including providing input for liquidity risk related policies and guidelines for the Bank’s international branches and subsidiaries.

• Play a leading role in the application of technology to enhance liquidity risk management.

Job Requirements:

• Knowledge of foundational concepts in liquidity risk management, bank treasury functions and funding programs.

• Work experience in liquidity risk, treasury or capital markets, and/or related technology projects 

• Demonstrated analytical and problem solving skills.

• Strong verbal and written communication skills.

• Relationship building and collaboration.

• Strong data analytics and visualization skills, preferably with Power BI expertise.

What’s in it for you?

• The opportunity to join our diverse and inclusive organization and connect with other First Nations, Inuit, Métis Scotiabankers and their allies when joining our Indigenous Employee Resource Group.

• A competitive compensation and benefits package which include:

  • A rewarding career path with diverse opportunities for professional development

  • A competitive compensation and benefits package

  • Internal training to support your growth and enhance your skills

  • An organization committed to making a difference in our communities– for you

• $10,000 annually dedicated to your well-being

• Traditional Indigenous Practices Leave

• Indigenous Employee Mentoring Program

Location(s):  Canada : Ontario : Toronto || Canada : Ontario : Kingston || Canada : Ontario : Ottawa || Canada : Ontario : Sudbury || Canada : Ontario : Thunder Bay 

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.