Current jobs related to Senior Manager, Balance Sheet - Old Toronto - Scotiabank


  • Toronto, Ontario, Canada Royal Bank of Canada Full time

    About the OpportunityThe US GRM-Balance Sheet Risk (US GRM-BSR) group at Royal Bank of Canada provides independent and effective on-site monitoring, controlling, and communication on the nature and extent of all material liquidity risk and banking book market risk (non-trading market risk, interest rate risk, and foreign exchange risk).Key...


  • Toronto, Ontario, Canada Royal Bank of Canada Full time

    About the OpportunityThe US GRM-Balance Sheet Risk (US GRM-BSR) group at Royal Bank of Canada provides independent and effective on-site monitoring, controlling, and communication on the nature and extent of all material liquidity risk and banking book market risk (non-trading market risk, interest rate risk, and foreign exchange risk).Key...


  • Old Toronto, Ontario, Canada RBC Full time

    Job SummaryWe are seeking a highly skilled Senior Manager to join our Internal Audit team, focusing on Group Risk Management, Balance Sheet Risk, and Capital. As a key member of our team, you will provide independent and objective assessments of RBC's risk management practices, with a primary focus on Balance Sheet risks and Capital.Key ResponsibilitiesPlan...


  • Old Toronto, Ontario, Canada RBC Full time

    Job SummaryWe are seeking a highly skilled Senior Manager to join our Internal Audit team, focusing on Group Risk Management, Balance Sheet Risk, and Capital. As a key member of our team, you will provide independent and objective assessments of RBC's risk management practices, with a primary focus on Balance Sheet risks and Capital.Key ResponsibilitiesPlan...


  • Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job OpportunityWe are seeking a highly skilled Senior Manager to join our Group Risk Management team at Royal Bank of Canada. As a key member of our Balance Sheet and Liquidity Risk team, you will play a critical role in ensuring the accuracy and effectiveness of our risk management frameworks and models.Key ResponsibilitiesLead and oversee validation...


  • Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job OpportunityWe are seeking a highly skilled Senior Manager to join our Group Risk Management team at Royal Bank of Canada. As a key member of our Balance Sheet and Liquidity Risk team, you will play a critical role in ensuring the accuracy and effectiveness of our risk management frameworks and models.Key ResponsibilitiesLead and oversee validation...


  • Toronto, Ontario, Canada Healthcare of Ontario Pension Plan Full time

    About the RoleHOOPP's Balance Sheet Management and Short-Term Strategies team is responsible for the short-term liquidity portfolio of global high-quality fixed income securities, ensuring appropriate liquidity for the overall Plan. This role will be directly involved in supporting the Fund's portfolio management, creating significant value add for the...


  • Toronto, Ontario, Canada Healthcare of Ontario Pension Plan Full time

    About the RoleHOOPP's Balance Sheet Management and Short-Term Strategies team is responsible for the short-term liquidity portfolio of global high-quality fixed income securities, ensuring appropriate liquidity for the overall Plan. This role will be directly involved in supporting the Fund's portfolio management, creating significant value add for the...


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 180725 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Hiring Details**: - ** Reports to**: Director, Balance Sheet Management - ** Direct reports**: No **Job Purpose**: Capital Management is one of the key strategic priorities of the Bank. The incumbent will be a critical member of...


  • Toronto, Ontario, Canada RBC Dominion Securities Inc. Full time

    Job DescriptionWhat is the Opportunity?The VP Balance Sheet & Liquidity Initiatives will support initiatives towards optimizing, facilitating, and making transparent the value of existing and new revenue opportunities for the Business and the Bank. This includes but is not limited to unlocking the value the Business brings through enabling funding...


  • Toronto, Ontario, Canada RBC Dominion Securities Inc. Full time

    Job DescriptionWhat is the Opportunity?The VP Balance Sheet & Liquidity Initiatives will support initiatives towards optimizing, facilitating, and making transparent the value of existing and new revenue opportunities for the Business and the Bank. This includes but is not limited to unlocking the value the Business brings through enabling funding...


  • Toronto, Ontario, Canada RBC Dominion Securities Inc. Full time

    Job DescriptionWhat is the Opportunity?The VP Balance Sheet & Liquidity Initiatives will support initiatives towards optimizing, facilitating and making transparent the value of existing and new revenue opportunities for the Business and the Bank. This includes but is not limited to unlocking the value the Business brings through enabling funding...


  • Toronto, Ontario, Canada RBC Dominion Securities Inc. Full time

    Job DescriptionWhat is the Opportunity?The VP Balance Sheet & Liquidity Initiatives will support initiatives towards optimizing, facilitating and making transparent the value of existing and new revenue opportunities for the Business and the Bank. This includes but is not limited to unlocking the value the Business brings through enabling funding...


  • Toronto, Ontario, Canada Healthcare of Ontario Pension Plan Full time

    About the RoleHOOPP's Balance Sheet Management and Short-Term Strategies team is responsible for the short-term liquidity portfolio of global high-quality fixed income securities, ensuring appropriate liquidity for the overall Plan. This role will be directly involved in supporting the Fund's portfolio management, creating significant value add for the...


  • Toronto, Ontario, Canada Healthcare of Ontario Pension Plan Full time

    About the RoleHOOPP's Balance Sheet Management and Short-Term Strategies team is responsible for the short-term liquidity portfolio of global high-quality fixed income securities, ensuring appropriate liquidity for the overall Plan. This role will be directly involved in supporting the Fund's portfolio management, creating significant value add for the...


  • Toronto, Ontario, Canada Healthcare of Ontario Pension Plan Full time

    About the RoleHOOPP's Balance Sheet Management and Short-Term Strategies team is responsible for the short-term liquidity portfolio of global high-quality fixed income securities, ensuring appropriate liquidity for the overall Plan. This role will be directly involved in supporting the Fund's portfolio management, creating significant value add for the...


  • Toronto, Ontario, Canada Healthcare of Ontario Pension Plan Full time

    About the RoleHOOPP's Balance Sheet Management and Short-Term Strategies team is responsible for the short-term liquidity portfolio of global high-quality fixed income securities, ensuring appropriate liquidity for the overall Plan. This role will be directly involved in supporting the Fund's portfolio management, creating significant value add for the...


  • Toronto, Canada TD Bank Full time

    **Manager, TBSM, Balance Sheet Hedging**: - 426239BR **Job Category - Primary** - Finance / Accounting **Work Location** - TD Centre - TD Tower - 66 Wellington Street West **Employment Type** - Regular **City** - Toronto **Time Type** - Full Time **Province/State** - Ontario **Hours** - 37.5 **Workplace Model** - Hybrid **Pay...


  • Old Toronto, Canada RBC Full time

    Job SummaryJob DescriptionWhat is the opportunity?An exciting opportunity to be a key member of the Internal Audit Group Risk Management Financial risk team. As a senior manager, you will provide an independent and objective assessment of the effectiveness of RBC’s risk management practices with a primary focus on Balance Sheet risks (e.g., Liquidity and...


  • Old Toronto, Canada RBC Full time

    Job SummaryJob DescriptionWhat is the opportunity?An exciting opportunity to be a key member of the Internal Audit Group Risk Management Financial risk team. As a senior manager, you will provide an independent and objective assessment of the effectiveness of RBC’s risk management practices with a primary focus on Balance Sheet risks (e.g., Liquidity and...

Senior Manager, Balance Sheet

3 months ago


Old Toronto, Canada Scotiabank Full time

Press Tab to Move to Skip to Content Link

Select how often (in days) to receive an alert:

Title:  Senior Manager, Balance Sheet & Margin Management Initiatives, GTB - Toronto

Requisition ID: 201555

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

Global Transaction Banking 


Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Small Business, Commercial and Corporate clients with effective treasury management solutions coupled with a best-in-class service model, making it easy for clients to do business with us.


As businesses build their digital capabilities and transform their operating models, their payment needs are evolving too. Boasting a unique global footprint, GTB’s comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline and simplify payments, improve working capital performance, and mitigate financial risk.


At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization.


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


Purpose
Contributes to the overall success of the Business Deposits Portfolio and Global Transaction Banking (GTB), 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 inclusive of: 

  • Supporting strategic decisions for growth across a broad deposit product suite (including fixed, floating, liquid and non-liquid solutions), balancing the changing dynamics of client needs with overall Bank funding requirements
  • Providing technical analysis, insights, and recommendations on margin management (including deposit pricing and funds transfer pricing strategy) relative to changing market dynamics with a results-oriented focus on revenue optimization
  • Supporting strategies and tactics to ensure GTB’s contribution to overall Bank liquidity and regulatory metrics are meeting or exceeding expectations
  • Establishing and tracking performance metrics (financial metrics), management reporting, liquidity reporting, and stress testing for the deposit portfolio domestically and in other regions under GTB management 
  • Staying current with deposit and payments platforms, enterprise-wide data architecture developments and primary applications used to query data and provide reporting in support of key objectives
  • Manage relevant projects & initiatives that strengthen the overall quality of GTB’s deposit portfolio

Incumbent also provides support in the preparation of business strategy updates, tactical plans, presentations and other communication materials to senior leadership. This role also has broad interaction across the Bank (product, technology, treasury, risk/compliance, and sales) and is expected to continually and proactively enhance production reporting, analysis and institutional knowledge with an aim to optimize overall business performance.


What You’ll Do:

  • Supports and promotes a performance and client focused culture leveraging relationships, knowledge and influence to deliver strong results, and client/partner satisfaction
  • Produce timely ad hoc and regular management reports to enhance decision making, focusing on results 
  • Ensure reporting and data is complete, accurate, consistent and available on a timely basis
  • Consults as a deposit portfolio subject matter expert (SME) to ensure structured data is available for day-to-day use and for customized solutions/projects
  • Support financial mapping construction with Finance for new deposit initiatives and reconcile internal reporting to Finance for problem solving analysis
  • Contribute to GTB's deposit revenue through value-added portfolio analytic insights 
    • Support the performance of the deposit portfolio, evaluating profitability including interest expense governance 
    • Providing analytical production support, quantifying, evaluating profitability and documenting the effects of various initiatives
    • Apply different analytical techniques to answer key business questions (e.g. stress testing, cannibalization, behavioural analysis, regressive and parallel analysis)
    • Analysis of deposit data/MIS analytics to drive enhancements through analyzing pricing parameters and portfolio trending 
  • Support and document existing/new Funds Transfer Pricing (FTP) methodologies 
    • Manage application of FTP in conjunction with Group Treasury for existing/new products including incorporating new processes
    • Analysis and reasonability review of proposals prior to being implemented
    • Measure Net Interest Income and Net Interest Margin implications at the business line level, product level and client level as it relates to FTP and the underlying business strategies
    • Communicate insights that would impact the profitability at the GTB/business line level, product level and client level
  • Maintain strong relationships for Portfolio Management team across the organization
    • Establish a strategic network that can benefit the deposit objectives of GTB and the Business Lines
    • Seek and proactively build partnerships with key stakeholders; Systems & Technology, Group Treasury, Business Lines, Sales, Operations, Risk/Compliance, and Product
    • Generate opportunities to collaborate with other parts of the Bank to achieve results that would otherwise not be attainable
    • Collaborate with internal stakeholders/partners on strategic and/or tactical deposit initiatives in support of their business objectives
  • Other duties as assigned supporting ad-hoc assignments or special projects from Senior Management as applicable. Contribute to GTB and Business Line partners by delivering a high standard of customer service to Management, other groups and support departments, countries and external partners.
  • Performs day-to-day activities in a manner consistent with the Bank’s risk culture and the relevant risk appetite statement and limits.
  • Supports an environment that pursues effective and efficient operations in accordance with Scotiabank’s Values, and its Code of Conduct, 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. 
  • Champions a high performance environment and contributes to an inclusive work environment


What You'll Bring:

  • Undergraduate or graduate degree in Business or quantitative discipline (e.g. financial analysis, accounting and/or risk concepts, engineering, mathematics, statistics, etc.)
  • 7+ years' experience in financial industry with familiarity with non-personal deposit products, transfer pricing, margin analysis, liquidity risk and performance management
  • Solid track record of seeing beyond the numbers to the effects on the business
  • Comprehensive understanding of multiple, complex data sources across the Bank
  • Experience with data technology and end user development 
  • Experience with Statutory and Management reporting
  • Strong analytical capabilities, verbal and written communication skills, and organizational skills
  • Polished interpersonal skills – able to establish rapport and develop working relationships with staff across a broad range of functional areas, job levels, and cultures.
  • The incumbent must have thorough knowledge of the financial services industry including regulatory trends and economic conditions as they relate to deposits and funding.


#LI-Hybrid


Interested? 
If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank 
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.


What's in it for you? 
Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
 

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.

#J-18808-Ljbffr