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Title:  Sr. Analyst, Product Control / Corporate and Investment Banking / GBM Finance

 

 

 

Requisition ID: 254619 

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

 

Purpose

 

Contributes to the overall success of the  Product Control / Corporate and Investment Banking in Canada and globally ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives.  Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

Reporting to the Senior Manager, Product Control Corporate Banking, the incumbent is primarily responsible for providing analysis for daily P&L reporting and the daily/monthly accounting, balancing and reconciliation for Corporate Lending business. Prepares assets and liabilities financial reports and various MIS reports monthly/quarterly.

The incumbent will interact with a number of functional areas within and outside of Product Control. The key internal relationship outside of Product Control will be with the GWO Corporate Lending Services unit.

 

 

Accountabilities

 

  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Ensures that the accounts and financial records of Corporate Lending businesses are being maintained according to International Financial Reporting Standards, policies and procedures set by Scotiabank Executive Offices and the local regulators. 
  • Produce quality financial management information to the business line, including accurate daily/weekly/monthly/yearly portfolio and consolidated level P&L and monthly balance sheet reporting.  
  • Prepare actual and risk based attributions by portfolio to explain and control the daily P&L reporting, investigating and reconciling results with front office estimates. 
  • Continuously review assigned desk procedures to ensure that they are effective, efficient and controlled.  Suggest and develop on-going methods of improving accurate data collection globally, streamlining reporting, sharing best practices and cross-training team members.
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
  • Champions a high performance environment and implements activity that assists in attracting, retaining, developing and motivating their team by living the vison/values/business strategy of the team.

 

Education / Experience / Other Information

 

  • University undergraduate degree in finance or accounting
  • Strong analytical and problem solving skills, excellent written and verbal communication skills.
  • Ability to work independently and under pressure, and to handle multiple tasks within tight time constraints
  • Strong knowledge of accounting procedures (balance sheet/off balance sheet and P&L), finance, business process.

                                                                                                                                   

Working Conditions

  • Work in a standard office-based environment; non-standard hours are a common occurrence.  Travel is not a requirement of the role.

 

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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