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:

• 2+ years work experience, preferably in the Finance or Banking Industry
• Advanced-level programming skills (e.g. Python, SQL) are required; Proficiency in Excel
• Finance/Accounting designation or on the way (such as CPA, CFA, FRM or MBA) an asset
• Knowledge in ALM applications such as BancWare or QRM an asset; Knowledge in analysis applications such as PowerBI an asset
• Self-starter with excellent problem-solving skills; Strong team player with excellent communication skills
• Ability to multi-task, attain deadlines, perform well under pressure, and change priorities as needed
• Undergraduate University degree in Business, Accounting/Finance or Computer Science