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Title:  Manager, Regulatory Capital Reporting - Non-Retail

 

 

 

Requisition ID: 155793

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

 

Purpose

 

This role has a responsibility for ensuring accurate and timely reporting of Regulatory Capital components for Non-Retail positions for the total bank, including Corporate, Bank and Sovereign on- and off-balance sheet exposures.  This role also requires significant engagement and coordination with key stakeholders in GBM, GRM, Treasury, APP, IT&S etc. 

The role requires subject matter expertise for Basel III capital reporting, with excellent spreadsheet, Power BI and MS Access skills as well as extensive understanding of OSFI's Capital Adequacy reporting guidelines.
    

Key Accountabilities 

 

  • Provide support to Senior Manager in the preparation of internal MIS reports to senior management for monthly reporting, ad hoc requests and stress testing. 
  • Provide analytical and modeling support including data mining.
  • Perform quarterly capital reporting, prepare certain Pillar 3 Disclosure tables, specifically focusing on the Bank's Non-Retail portfolio capital requirements. 
  • Responsible for ensuring accuracy and completion of the capital calculations, in addition to providing rationales for the respective capital variances using database software (MS Access/Excel). 
  • On a semi-annual basis, work on Bank’s participation in QIS studies as initiated by BIS consultative documents, concentrating on the Non-Retail portfolio.
  • Work with external and internal auditors to ensure that all Financial Statements, Pillar 3 Disclosures, and Regulatory submissions of credit and capital data are published as per the SOX, RDARR and EUC processes designed.
  • Provide quarterly systems support with respect to regression testing and on-going reconciliations. 
  • Provide ongoing subject matter expertise regarding the reporting capabilities of the Capital Reporting systems (e.g Axiom and GLRAS portal).
  • Participate in initiating systems changes or new programming requirements and User Acceptance Testing (UAT). 
  • Actively liaise with the Bank's portfolio owners and business lines in order to determine their present and anticipated future reporting requirements.
  • Assist the Senior Manager and Finance management by providing value-added analyses to highlight any capital adequacy implications of new products and transactions related to non-retail credit risk.
  • Assist in the Capital Adequacy Analytics and any other on-going and one-off projects related to Regulatory Capital reporting as and when required to participate.
  • Make recommendations to Senior Manager on improvement opportunities in existing methodologies and processes. 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.
  • Support managers and the team with in-depth analysis for systems changes and Bank's readiness to comply with any new rules (e.g. Basel III revisions).
     

 

Experience / Education:

 

  • Understanding of the Basel III framework and OSFI’s CAR guidelines.
  • Exceptional attention to details. Familiarity with Basel III rules and experience in credit risk management preferred. 
  • Good knowledge of database management software, such as Power BI, MS Access, to facilitate manipulation of large volumes of financial data. Experience with Axiom is an asset.
  • Highly proficient in other MS Office suite products.
  • Solid financial modelling skills.
  • 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.
  • University degree in Mathematics, Business or Computer Science, with at least 2 years of demonstrated work experience in a cross-functional environment.
  • Accounting Designation is an asset
     

 

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.


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