Associate, Intraday Liquidity Management

Associate, Intraday Liquidity Management (Contract) Requisition ID: 240985 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. As an associate, you will play a critical role in managing USD intraday liquidity and ensuring smooth settlement operations. You’ll monitor key balances, analyze funding requirements, and provide timely reporting to support cash‑flow obligations. This position offers a fast‑paced environment where precision and analytical skills drive success. In this role, you will be driving: - Monitoring and advising on the final Federal Reserve Bank of New York closing balance. - Conducting analysis on USD BAML funding requirement week‑over‑week change for USD intraday stress testing. - Preparing and sending USD intraday liquidity monitoring reports. - Analyzing DoD change of the Federal Reserve Bank of New York closing balance and providing commentary on the results. - Monitoring nostro accounts’ balances throughout the day. - Reviewing the final USD Toronto position and early morning forecast. - Booking the closing positions for the USD Toronto position and Federal Reserve Bank of New York closing balance. - Ensuring sufficient funds in nostro accounts to support daily needs and monitoring the daylight overdraft limit. - Analyzing main drivers causing the USD BAML funding requirement week‑over‑week change. - Analyzing main drivers causing the Federal Reserve Bank of New York closing balance DoD change. - Reviewing next day early morning expected deposits/maturities/withdrawals/prefunds. - Reconciling daily variances between early morning forecast and actual amounts received. Do you have the skills that will enable you to succeed in this role? - High impact, fast‑paced position coordinating with nostro account users/clients and back‑office, monitoring and tracking settlement of interbank loans, deposits, and maturities. - Highly analytical and detail‑oriented with thorough analysis of daily intraday and variance dashboards. - Consistent surveillance of the Federal Reserve Bank to ensure sufficient intraday liquidity and immediate funding when necessary. - Bachelor of Business Administration. What's in it for you? - Inclusive and collaborative work environment valuing curiosity, ownership, pragmatic creativity, and celebrating success. - Rewarding career path with diverse opportunities for professional development. - Internal training to support growth and skill enhancement. - Competitive rewards package including base salary, performance bonus, company‑matching pension and profit‑sharing, paid vacation, personal & sick days, medical, vision, and dental benefits from day one. Please note this is a 14‑month contract. 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 and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation during the recruitment and selection process, please let our Recruitment team know. 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