• Job Description

  Req#: 212376

  Requisition ID: 212376
  
  Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

  Reporting to the Director, Cash & Intraday Liquidity Management, the Associate, Intraday Liquidity Management, will manage and execute the Bank’s Intraday liquidity strategy. They will be responsible for forecasting, tracking, and managing intraday liquidity and cash balances, and recommending intraday liquidity strategies. The incumbent will also be responsible for managing intraday liquidity regulatory reporting and management analytics.

  Is this role right for you? In this role, you will:

  • Contribute to the intraday liquidity strategies, and cash management directions
  • Be responsible for monitoring nostro accounts’ balances throughout the day
  • Execute and analyze the I-LST results weekly
  • Track, analyze, and report the bank’s securities available for collateral
  • Prepare and send Intraday liquidity monitoring reports
  • Forecast and analyze the next day early morning liquidity needs
  • Be responsible for updating and calculating the final foreign and Canadian currencies positions
  • Be responsible for monitoring/advising final foreign and Canadian currencies closing balance to ensure that the closing balance aligns to the intraday strategy
  • Build and maintain the models to track and monitor intraday liquidity
  • Use analytics to identify opportunities (i.e. trends) to increase forecasting efficiencies and accuracy to drive optimization.
  • Collaborate with Technology team to implement technological solutions
  • Represent Cash/Intraday Liquidity Management Team on new projects and change management through effective interaction with a range of stakeholders.
  • Make recommendations to Senior Management for policies and related procedures for the Bank.

  Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with:

  • Undergraduate degree in Finance, Business, Accounting or STEM fields.
  • Product knowledge in Banking and Capital Markets required through undergraduate degree or MBA / CFA / FRM.
  • Intermediate programming skills in VBA, Python, and SQL preferred.
  • 3+ years’ experience in the Capital Markets Banking or Treasury

  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.

  Please Note: The Department is looking to hire multiple openings for this position.

  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.

• About the company

  The Bank of Nova Scotia, operating as Scotiabank, is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario.

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