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Title:  Manager, Regulatory Capital Reporting, Non-Retail

 

 

 

Requisition ID: 92940

Join the Global Community of Scotiabankers to help customers become better off.

 

This role has a responsibility for ensuring accurate and timely reporting of Regulatory Capital components for Non-Retail lending on- and off- balance sheet positions for the total Bank. This role involves significant engagement and coordination with key stakeholders in GBM, GRM, IT&S etc.

The role requires subject matter expertise for Basel III capital reporting, with excellent Excel and PowerBI / SQL skills as well as extensive understanding of OSFI's Capital Adequacy Guidelines. 

The incumbent will provide support to calculate various RWA impact requests (borrower, industry, country, etc.), as well as support counterparts in producing and reconciling regulatory reports (e.g. NCR, BH, NSFR, OSFI Data Call, and CDIC).
    
Key Accountabilities:

 

  • Provide support to Senior Manager in the preparation of monthly and quarterly regulatory capital reporting, including internal MIS reports to senior management and ad hoc requests. 
  • Ensure accuracy in RWA and EL calculations and provide variance commentary using Excel, Power BI and SQL queries.
  • Support the project teams in implementation of Basel III revisions and other ongoing regulatory changes.
  • Provide support in implementation of the new Regulatory Capital Reporting engine.
  • Participate in the continuing RWA optimization initiatives proposed by GRM and Finance.
  • Assist in other ongoing and one-off projects related to Regulatory Capital reporting as and when required.
  • Provide subject matter expertise regarding the reporting capabilities of the Capital Reporting systems, including Adjustment App, and Reporting platform.
  • Develop ongoing innovation in building new management reports (e.g. CMR reporting platform) and tools (e.g. Power BI) that will lead to faster analysis during extremely tight external deadlines.
  • Build and maintain an inventory of existing MS Access queries, reduce redundancy, and integrate those into the CMR automation plan.
  • Create and maintain documentation for non-retail reporting processes to address new compliance requirements (e.g. EUC, RDARR, desktop procedures).
  • Work with counterparts in Precision Lender, Client Profitability, Credit360, GBM and other teams to communicate RWA calculation rules, identify differences in methodologies, and help with data mining.
  • Provide value-added analysis to highlight any capital implications of new data systems (e.g. RO, BBSL).
  • Contribute to Bank’s participation in QIS studies as initiated by BIS consultative documents.
  • Support systems changes or new programming requirements and User Acceptance Testing (UAT), by developing business requirements, Test Cases, and expected results.
  • Make recommendations to Senior Manager on improvement opportunities in existing methodologies and processes.
     

Experience / Education:

  • University degree in Mathematics, Computer Science, or Business, with at least 2 years of demonstrated work experience in a cross-functional environment. Accounting designation is an asset.
  • Experience in credit risk management preferred.
  • Good understanding of the Basel III framework and OSFI’s CAR Guidelines.
  • Exceptional attention to detail.
  • Good knowledge of database management software, such as MS Access and Power BI, to facilitate manipulation of large volumes of financial data.
  • Highly proficient in Excel and other MS Office suite products.
  • Solid financial modelling skills.
  • Skilled in conducting UAT and development of test cases.
  • Experience in process automation and reconciliations.
  • Familiarity with Non-Retail exposures and products will be beneficial.
  • Ability to work under pressure and willingness to work long hours as demanded by tight reporting deadlines. 
  • Superb self-motivation and work attitude, excellent organizational and time management skills.
  • Strong communication skills.
     

 

Location(s):  Canada : Ontario : Toronto 

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.

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.


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