Verified Job
Jobs
Associate, GBM Treasury
Jobs
#556426
Full Time
Job Description
Requisition ID: 223551
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Under the direction of the Vice President, Business Line Treasury, the Associate, GBM Treasury is accountable for assisting in ensuring business strategies, plans and initiatives are executed and delivered in compliance with governing regulations, internal policies and procedures. They will develop a solid understanding of GBM business line strategies across corporate credit, structured credit and global transactional banking and with this knowledge assist in providing guidance to the Vice President, Business Line Treasury on liquidity and funding risk mitigation and optimization.
Is this role right for you? In this role, you will:
Support the Vice President in managing capital, liquidity and funding requirements associated with the business activity of GBM with the goal of optimizing balance sheet and funding utilization of the division
Assist in collating relevant information from GT verticals including Liquidity and Funding Management
Assess impact to key metrics such as stress testing, LCR, NSFR from the divisions’ forecasted business activity and long-term strategic plans
Assist the Vice President, in developing appropriate tools, internal reporting to monitor utilization allocated resources and data validation (e.g. utilizing Power BI to create dashboards for business line analysis)
Identify opportunities to optimize the liability side of the broader GBM balance sheet while ensuring forecasting accuracy to help manage funding requirements.
Support the production and delivery of ad-hoc and strategic analysis / presentations to senior management with respect to capital, liquidity and related metrics for individual businesses within the division
Support the review of regulatory changes affecting funding and how they impact the GBM division and assist in liaising with the businesses on the internal application of these proposals
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions
Coordinate the monthly GBM ALCO (e.g. meeting schedule, consolidating and reviewing materials, minute-taking, and ensuring materials are aligned with the broader Group ALCO)
Create an environment in which the team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk
Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with:
Bachelor’s degree in business, finance, mathematics or economics is a must
Master’s degree, recognized Professional designation in a specialized area of finance or business (CFA/Accounting), is an asset
3+ years of experience in a related field Treasury, Liquidity Risk Management or Treasury Strategy role at a bulge bracket bank
In-depth knowledge of functions and activities including liquidity and funding risks associated with secured funding, prime brokerage, derivatives and commitments products
Proficiency in data management applications (Power BI, Tableau), SQL
Proficient in banking regulations (LCR, NSFR, NCCF) and sound practices (Basel, OSFI, etc.)
Ability to understand the regulatory environment in all regions and potential effects on investment, liquidity, structural risk and ALM activities
Ability to review balance sheet and business funding usage including forecasting
Results driven with the ability to deal with complex issues and lead
Strong interpersonal, organizational and project management skills and an ability to work in a fast-paced environment with multiple priorities
Superior communication skills with ability to influence executives across the organization
What's in it for you?
In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
You'll be part of a diverse, collaborative, innovative, and high-performing team
We offer a competitive rewards package:
Performance bonus, Employee Share Ownership Program, and Pension Plan Matching
Health Benefits from day one!
You will relish work-life balance, team events, and opportunities to participate in the community.
Your career matters! You will have access to career development and progression opportunities.
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. 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.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Under the direction of the Vice President, Business Line Treasury, the Associate, GBM Treasury is accountable for assisting in ensuring business strategies, plans and initiatives are executed and delivered in compliance with governing regulations, internal policies and procedures. They will develop a solid understanding of GBM business line strategies across corporate credit, structured credit and global transactional banking and with this knowledge assist in providing guidance to the Vice President, Business Line Treasury on liquidity and funding risk mitigation and optimization.
Is this role right for you? In this role, you will:
Support the Vice President in managing capital, liquidity and funding requirements associated with the business activity of GBM with the goal of optimizing balance sheet and funding utilization of the division
Assist in collating relevant information from GT verticals including Liquidity and Funding Management
Assess impact to key metrics such as stress testing, LCR, NSFR from the divisions’ forecasted business activity and long-term strategic plans
Assist the Vice President, in developing appropriate tools, internal reporting to monitor utilization allocated resources and data validation (e.g. utilizing Power BI to create dashboards for business line analysis)
Identify opportunities to optimize the liability side of the broader GBM balance sheet while ensuring forecasting accuracy to help manage funding requirements.
Support the production and delivery of ad-hoc and strategic analysis / presentations to senior management with respect to capital, liquidity and related metrics for individual businesses within the division
Support the review of regulatory changes affecting funding and how they impact the GBM division and assist in liaising with the businesses on the internal application of these proposals
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions
Coordinate the monthly GBM ALCO (e.g. meeting schedule, consolidating and reviewing materials, minute-taking, and ensuring materials are aligned with the broader Group ALCO)
Create an environment in which the team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk
Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with:
Bachelor’s degree in business, finance, mathematics or economics is a must
Master’s degree, recognized Professional designation in a specialized area of finance or business (CFA/Accounting), is an asset
3+ years of experience in a related field Treasury, Liquidity Risk Management or Treasury Strategy role at a bulge bracket bank
In-depth knowledge of functions and activities including liquidity and funding risks associated with secured funding, prime brokerage, derivatives and commitments products
Proficiency in data management applications (Power BI, Tableau), SQL
Proficient in banking regulations (LCR, NSFR, NCCF) and sound practices (Basel, OSFI, etc.)
Ability to understand the regulatory environment in all regions and potential effects on investment, liquidity, structural risk and ALM activities
Ability to review balance sheet and business funding usage including forecasting
Results driven with the ability to deal with complex issues and lead
Strong interpersonal, organizational and project management skills and an ability to work in a fast-paced environment with multiple priorities
Superior communication skills with ability to influence executives across the organization
What's in it for you?
In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
You'll be part of a diverse, collaborative, innovative, and high-performing team
We offer a competitive rewards package:
Performance bonus, Employee Share Ownership Program, and Pension Plan Matching
Health Benefits from day one!
You will relish work-life balance, team events, and opportunities to participate in the community.
Your career matters! You will have access to career development and progression opportunities.
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. 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.
