Manager

3 weeks ago


Toronto, Canada Scotiabank Full time

The Liquidity & Interest Rate Risk (LIRR) Group plays a key role in formulating the Bank’s risk appetite and governance framework, and provides individual oversight of the Bank's liquidity, structural and non-trading risks. Scotiabank’s approach to risk management is a globally recognized advantage that balances sound judgement, effective tools, collaboration and oversight. Our greatest strength is the expertise and commitment of our people, and we are focused on attracting, developing and rewarding a diverse group of high-performing employees.

The Manager Liquidity Risk plays an important role in the Bank’s Liquidity Risk Oversight function. The incumbent provides forward-looking insights and takes ownership of key initiatives for the successful execution of our mandate. Success in this role is found by a combination of accountabilities and demonstration of core values – Respect, Integrity, Passion, and Accountability. This is a great career opportunity for interested candidates to gain broad exposure to the enterprise treasury function within a systemically important financial institution.

Job Responsibilities:

Contribute to the implementation of an effective liquidity risk management framework aligned with the Bank's risk appetite, regulatory requirements, and best practices.

Provide effective second line oversight of the liquidity, funding and collateral management activities of Group Treasury and capital markets business areas.

Collaborate with business partners in achievement of the Bank's goals by contributing expertise on liquidity risk and forward looking analytical insights.

Leverage the capabilities of the recently implemented Dynamic Liquidity Scenario Builder automated tool to enhance liquidity forecasting and decision making.

Drive the implementation of best practices and analytical techniques for evaluating the liquidity risk impact of the Bank’s products and strategies.

Provide subject matter expertise on liquidity risk and related regulations, including providing input for liquidity risk related policies and guidelines for the Bank’s international branches and subsidiaries.

Play a leading role in the application of technology to enhance liquidity risk management.

Job Requirements:

An advanced University degree in Finance or a related discipline is required, MBA or CFA preferred.

Knowledge of foundational concepts in liquidity risk management, bank treasury functions and funding programs.

Work experience in liquidity risk, treasury or capital markets, and/or related technology projects 

Demonstrated analytical and problem solving skills.

Strong verbal and written communication skills.

Relationship building and collaboration.

Strong data analytics and visualization skills, preferably with Power BI expertise.



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