Manager, Hedge Qualification
4 months ago
Requisition ID: 207011
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Contribute to the overall success of Accounting Policy and Procedures Group. The incumbent implements Hedging Strategies under International Financial Reporting Standards (IFRS) to ensure the Bank qualify eligible derivatives for hedge accounting treatment, thus immunizing any volatility in the Bank earnings and add value to the business lines. The Opportunity: to gain experience with systems and technical accounting knowledge in variety of Bank’s financial products, valuations & analysis and reporting. Can enjoy dealing with business partners globally and manage variety of projects for systems developments and operational process improvements. This dynamic team adopts a hybrid model by working from the office and remotely.
**Is this role right for you? In this role, you will**:
- Collaborate daily with front office and other business lines with their hedging requests. Review eligibility, identify the associated strategy or set up new strategies and complete required documentation.
- Ongoing monitoring of hedging relationships to ensure they continue to meet the requirements for hedge qualification and have high effectiveness.
- Ensure all instruments in hedging relationships are active and obtain confirmation of hedged item existence and hedge activity from various business areas monthly.
- Manage tight month end close by reconciling, analyzing, and communicating the hedge accounting results for various hedging units to Group Treasury and other business partners.
- Prepare information for the quarterly and annual financial disclosure. Also provide support for ad-hoc analysis, and financial reporting.
- Remain current with emerging industry best practices for hedge qualification through research, and critical reading of articles issued by regulatory bodies and industry associations.
**Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have**:
- Self-driven, analytical, and collaborative; problem-solving, time-management and communication skills is required.
- Solid knowledge of finance and financial products including various derivatives.
- Post-secondary degree in Finance/Accounting/business with a minimum of 4 years industry experiences. An accounting designation (CPA) or working towards designation is asset. A CFA designation is desirable.
- Knowledge of Peak or system trading system, PeopleSoft EGL, OBI, Excel, Power Point;
**What’s in it for you?**
- An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success
- We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one
- Your career matters You will have access to career development and progression opportunities.
scotiafinancejobs
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.
-
Manager, Portfolio Hedge Qualification
7 months ago
Toronto, Canada Scotiabank Full timeRequisition ID: 196581 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Contribute to the overall success of Global Accounting Policy and Procedures. The incumbent’s primary function is to assist immunizing Banks earning volatility adding values to business lines. This is achieved by implementing...
-
Manager, Derivative Hedge Qualifications
3 months ago
Toronto, Canada Scotiabank Full timeRequisition ID: 209201 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Contribute to the overall success of Accounting Policy and Procedures Group. The incumbent implements Hedging Strategies under International Financial Reporting Standards (IFRS) to ensure the Bank qualify eligible derivatives for...
-
Manager, Derivative Hedge Qualifications
2 months ago
Toronto, Canada Scotiabank Full timeRequisition ID: 209201 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Contribute to the overall success of Accounting Policy and Procedures Group. The incumbent implements Hedging Strategies under International Financial Reporting Standards (IFRS) to ensure the Bank qualify eligible derivatives for...
-
Toronto, Canada Scotiabank Full timeRequisition ID: 167951 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Job Purpose**: - Contribute to the overall success of Accounting Policy and Procedures Group. The incumbent implements Hedging Strategies under International Financial Reporting Standards (IFRS) to ensure the Bank qualify...
-
Senior Business Analyst, Hedge Qualification
2 weeks ago
Old Toronto, Canada Scotiabank Full timeJob SummaryWe are seeking a skilled Senior Business Analyst to join our team in Toronto, Ontario. As a key member of the Accounting Policy and Procedures Group, you will be responsible for implementing hedging strategies under International Financial Reporting Standards (IFRS) to ensure the Bank qualifies eligible derivatives for hedge accounting...
-
Hedge Fund Accounting Manager
1 day ago
Toronto, Canada State Street Full time**Who we are looking for** We are looking for bright, enthusiastic and hard-working individuals with a keen interest in learning about and accounting for complex investment transactions and structures in a dynamic, challenging and fast-paced work environment. Your success will be facilitated by the leading-edge technology infrastructure supported by...
-
Old Toronto, Canada Scotiabank Full timeAccounting Specialist Role at ScotiabankScotiabank is a leading bank in the Americas, guided by our purpose: 'for every future.'We offer a competitive rewards package including performance bonus, employee share ownership program, and pension plan matching.This role involves implementing hedging strategies under International Financial Reporting Standards...
-
Senior Financial Accountant
4 weeks ago
Old Toronto, Canada Scotiabank Full timeWith Scotiabank, you will have the opportunity to excel as a Senior Financial Accountant - Hedge Strategy Specialist. This role is available in our Toronto office.Job SummaryWe are seeking an experienced Senior Financial Accountant with a strong background in financial reporting and accounting principles to join our team. The successful candidate will be...
-
Analyst, Global Markets Cb-hedge Funds
4 weeks ago
Toronto, Canada BMO Financial Group Full time100 King Street West Toronto Ontario,M5X 1A1 BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets The Analyst will be part of Global Markets Corporate Banking team that is...
-
Manager Strategy, Variable Annuity Hedging
4 months ago
Toronto, Canada Manulife Full timeWe are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and...
-
Hedge Accounting Analyst
3 months ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** **What is the opportunity?** The Hedge Accounting Analyst will be responsible to manage the financial control responsibilities in the Wholesale Finance group with the objective of delivering timely, accurate and reliable financial information and working on the reporting and production aspects of RBC’s Net Investment, Cash Flow & Fair...
-
Manager, Hedging, Planning and Analysis
7 months ago
Toronto, Canada Scotiabank Full timeRequisition ID: 193666 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Balance Sheet Management (BSM) Hedging - Planning and Analysis, within Group Treasury, is responsible for developing policies and strategic framework for the Bank’s Structural Interest Rate Risk (SIRR) and Structural Foreign...
-
External Hedge Fund Wholesaler
3 weeks ago
Toronto, Canada AIP Asset Management Inc. Full time**About Us**: AIP Asset Management Inc. is an award-winning asset management firm specializing in innovative investment solutions for accredited and high-net-worth investors. Our flagship fund, the AIP Convertible Private Debt Fund LP, recently won the “Overall Best Canadian Hedge Fund” award. We also offer exclusive access to pre-IPO opportunities...
-
Hedge Manager, Fund Accounting
17 hours ago
Toronto, Canada Pinnacle Fund Services Full time**Hedge Fund Manager** Hedge Fund Team - Canada **Company description** **Job description** As a Manager on the Hedge Fund Team you will be responsible for leading the relationship of a portfolio of clients, providing first review responsibility on a selection of client NAVs which have been prepared by Fund Accountant and Senior Fund Accountants, and...
-
Associate Director, Hedging, Planning and Analysis
6 months ago
Toronto, Canada Scotiabank Full timeRequisition ID: 195044 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Balance Sheet Management (BSM) Hedging - Planning and Analysis, within Group Treasury, is responsible for developing policies and strategic framework for the Bank’s Structural Interest Rate Risk (SIRR) and Structural Foreign...
-
Old Toronto, Canada Scotiabank Full timeJob OverviewWe are seeking a highly skilled Derivative Hedge Strategist to join our Accounting Policy and Procedure team in Toronto, Canada.The ideal candidate will have a strong background in finance and financial products, including derivatives. They will be responsible for implementing hedging strategies under International Financial Reporting Standards...
-
Lead, Actuarial Modeling, Variable Annuity Hedging
4 months ago
Toronto, Canada Manulife Full timeWe are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and...
-
Global Markets Financial Analyst
3 weeks ago
Toronto, Ontario, Canada Bank of Montreal Full timeWe are seeking a highly skilled Global Markets Financial Analyst to join our team at BMO Capital Markets. As a key member of our Global Markets Corporate Banking team, you will be responsible for supporting Account Management in making hedge fund credit recommendations.Key ResponsibilitiesResearch and analyze financial information relating to Hedge Funds and...
-
Analyst, Hedge Fund Credit Coverage
2 months ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** **What is the opportunity?** The Hedge Funds team within ICCM is responsible for managing RBC’s credit relationships with Hedge Fund managers. The incumbent will partner with all of RBC Capital Market’s trading desks to ensure optimization of credit appetite, the use of trading lines and maximize revenue with Hedge Fund managers. The...
-
Manager, Funds Risk Management
7 months ago
Toronto, Canada Scotiabank Full timeRequisition ID: 194864 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Trade Floor Risk Management (TFRM) is a team within Global Risk Management that measures and monitors market risk arising from Scotiabank GBM's trading and treasury activities of Global Banking and Markets (GBM), Group Treasury (GT)...