Title:  Manager

Requisition ID: 213268

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

Capital Management is one of the key strategic priorities of the Bank.  The incumbent will be a critical member of the Balance Sheet Management team and will support the processes that provide capital relevant information to Executive Management to assist them in making strategic decisions that impact the Bank.  This will require the incumbent to build and maintain appropriate MIS that is integrated with other information used for decision-making purposes.  A key requirement of this role will be to support the Director in responding to management requests for capital related analysis/information, on an as-required and time-sensitive basis.

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

• Prepare and improve elements of the Bank's Annual Capital Plan, Monthly Forecasts, Enterprise Wide Stress Test, and Five Year Outlook by obtaining input from relevant stakeholders and performing analysis.
• Prepare and improve monthly reports on risk-weighted assets (RWA) and balance sheet/leverage usage by business lines, including explanation of variances vs. Plan or Forecast, and prepare return on capital metrics.  Support disclosure of same in Blue Book, Quarterly/Annual reports, and Supplemental Capital Package.
• Communicate with and support business lines Finance teams on usage of capital, changes in business activities, and capital initiatives.
• Maintain and improve the Bank's model of foreign exchange impact on capital ratios (CET1 and leverage).
• Assist the Director with the preparation of the Bank’s annual Globally Systemically Important Banks (G-SIB) indicator requirements and reporting.
• Develop knowledge base of Basel III and leverage rules and assist in the development of processes used in forward looking MIS.
• Assist the Director on project-work, capital initiatives, documentation, and other deliverables to OSFI and/or Senior Management, on an as-required basis.

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

• University degree in Finance / Business / Economics.
• Recognized accounting or CFA/FRM designation.
• 3 to 5+ years’ experience in banking industry.
• Advanced skills in Excel, Power BI, and/or Alteryx.
• Knowledge of capital management concepts (Basel III, risk-weighted assets, etc.).

What’s in it for you?

• An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
• Your career matters! You will have access to career development and progression opportunities.

#scotiafinancejobs

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.