Associate Director, Gbm Treasury - Toronto, Canada - Scotiabank

Scotiabank

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Requisition ID: 191592

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

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Purpose_**Under the direction of the Director, GBM Treasury, this role is accountable for assisting in ensuring business strategies, plans and initiatives are executed and delivered in compliance with governing regulations, internal policies and procedures.

The individual will develop a solid understanding of GBM business line strategies (Capital Markets) and with this knowledge assist in providing guidance to the Director, GBM Treasury on liquidity and funding risk mitigation and optimization.

GBM Treasury serves as the single point of strategic leadership and has accountability for GBM financial resource utilization including liquidity, balance sheet, and capital within the Bank.

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Accountabilities_**:

Support the Director, GBM Treasury, 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 to assess impact to key metrics such as stress testing, LCR, NSFR from the divisions' forecasted business activity and longterm strategic plans
Assist the Director, GBM Treasury, in developing appropriate tools and internal reporting to monitor utilization allocated resources for the Capital Markets Business
Identify opportunities to optimize the liability side of the broader GBM balance sheet
Support the production and delivery of adhoc and strategic analysis / presentations to senior management with respect to capital, liquidity and related metrics for individual businesses within the division
Work to develop data visualization tools such as Power BI to enhance management's view on financial resource management and optimization within the division.
Understand how the Bank's risk appetite and risk culture should be considered in daytoday activities and decisions
Create an environment in which his/her 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 daytoday business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk

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Education/Experience_**- 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, Capital Markets, Liquidity Risk Management or Treasury Strategy role at a bulge bracket bank
Indepth knowledge of functions and activities including liquidity and funding risks associated with secured funding, prime brokerage, derivatives and commitments products
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 fastpaced environment with multiple priorities
Superior communication skills with ability to influence executives across the organization
Experience with PowerBI or similar data visualization tools
High proficiency with Excel and SQL are considered assets

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.