Requisition ID: 231598
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Contributes to the overall success of the Asset and Liability Management / Group Treasury 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.
Ensures the monthly/weekly production of GAP, NII, EVE, Stress Testing under B12 (IRRBB), KRD, MCF and I3, as well as supports Financial Note Disclosure reporting relating to Structural Interest Rate Risk, the contractual maturity and FMV disclosure.
Provide ongoing automation solutions to the ALM end-to-end reporting and analysis process.
Improves data quality and alignment of methodology/parameter assumptions of Toronto and various IB countries.
Performs analysis on the NII & EVE exposure of various asset and liability products of the Bank.
Overtime shall be anticipated at times during quarter-end and year-end reporting periods.
Is this role right for you? In this role, you will:
Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge. Actively pursue effective and efficient operations of their 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. Champion a high-performance environment and contributes to an inclusive work environment. Support monthly/quarterly ALM model process with parameters setup, model configuration/computing, variance analysis, reconciliation, troubleshooting and documentation. Compute the MCF report and program/automate the I3 filing with OSFI. Support ALM model regression and function test. Support IB ALM analysis and align local NII/EVE with Parent Bank. Responsible for Intercompany Funding IBA/ICA and efficiently communicate with Finance on the mismatch between Banking and Trading where applicable. Document the related findings and research results. Study and research ALM model methodology and configuration; Help to review methodology/configuration and test impacts; Help to work with stakeholders on model/parameters review and update.
Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
What's in it for you?
Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employee to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans. Accessibility and Workplace Accommodations - 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. Scotiabank continues to locate, remove, and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements. Upskilling through online courses, cross-functional development opportunities, and tuition assistance. Competitive Rewards program including bonus, flexible vacation, personal, sick days, and benefits will start on day one. Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs.
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.