Title:  Manager, Liquidity and Interest Rate Risk

Requisition ID: 219174

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

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

The Manager Liquidity Risk plays a key role in the Bank’s Liquidity Risk Oversight function. Success in this role is determined by a combination of accountabilities and demonstration of core values – Respect, Integrity, Passion, and Accountability.

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

• 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 related regulations and strategically influencing risk-based business decisions.
• Provide high quality management information including forward-looking analytical insights on the Bank's liquidity risk profile.
• Drive the implementation of best practices and analytical techniques for evaluating the liquidity risk impact of the Bank’s products and strategies.
• Stay abreast of current industry developments and relevant regulatory initiatives and ensure readiness to achieve compliance with new regulations. Aim to become a subject matter expert on liquidity risk and related regulations.
• Play a leading role in the application of technology to enhance liquidity risk management.

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

• An advanced University degree in Finance or a related discipline is required. MBA or CFA is preferred.
• Demonstrated analytical and problem solving skills;
• Strong verbal and written communication skills;
• Relationship building and collaboration;
• Strong data analytics and visualization skills;
• Familiarity with VBA, Python and PowerBI is a plus;
• Some prior experience in treasury or capital markets would be an asset.

What's in it for you?

• We have an inclusive and collaborative work environment that values curiosity & ownership, encourages pragmatic creativity (i.e. true innovation), and celebrates success!
• An inclusive working environment that encourages creativity, curiosity, and celebrates success!
• A rewarding career path with diverse opportunities for professional development
• Internal training to support your growth and enhance your skills
• Hybrid Work Environment
• A competitive rewards package that includes a base salary, a performance bonus, company matching programs on pension and profit sharing, paid vacation, personal & sick days, medical, vision and dental benefits that start from day one and much more!

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.