Scotiabank
Senior Manager, U.S. Liquidity Risk
Scotiabank, New York, New York, us, 10261
Requisition ID:
205341
Salary Range:
110,700.00 - 211,800.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals.
Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries!
Purpose
Serve as a key member of the U.S. Liquidity Risk team, playing an important leadership role with (1) enhancing the second line of defense independent review function; (2) reviewing and challenging key liquidity risk management processes managed by Treasury and business lines; (3) supporting the implementation and ongoing enhancement of the Firm’s Liquidity Risk Assessment (“LRA”); and (4) developing complex data analysis techniques for use in the measurement of liquidity risk.
What You’ll Do
Provide support in building, enhancing and executing the second line of defense roles and responsibilities to ensure U.S. Treasury and business activities, particularly related to liquidity and interest rate risk management, are in compliance with regulatory expectations and requirements and are consistent with the Bank’s internal framework.
Coordinate between Risk and Treasury functions, within the U.S. operations and at the group-level, on the initiatives associated with Liquidity Risk and governance. Lead regular deep dive process assessments and support annual Liquidity Risk Assessment process to identify key risks and propose limits and/or Key Risk Indicators to monitor and manage the risks.
Support continuous enhancements to monitor interest rate risk (IRR) in the banking book and coordinate with Head Office Treasury and Risk functions on IRR activities.
Enhance liquidity risk governance frameworks, policies, and procedures. Lead and drive a customer focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Monitor liquidity risk in both on- and off-balance sheet positions, particularly through liquidity stress test and FR2052a analytics, and challenge the Treasury function’s designs and processes.
Adapt to and work effectively with various individuals or groups in a variety of situations or adapt one's approach to accommodate changes in the situation, organization, or own job requirements.
Create an environment in which the team pursues effective and efficient operations, ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk.
Build a high-performance environment and implement a people strategy that attracts, retains, develops and motivates the team by fostering an inclusive work environment, communicating vision/values/business strategy and managing succession and development planning for the team.
What You’ll Bring
6+ years of experience in Treasury, Risk, or business line related functions
Ability to frequently analyze large sets of data and concisely summarize key points to be used as management information.
Strong verbal and written communication skills are required.
Experience related to key Treasury functions including, funding/liquidity management, IRR, ALM, FTP, Funding Plan projection, CFP, and capital management is desired.
The position will involve extensive interactions with constituents across various functions internally and externally including Risk, Treasury, IT, Finance, and key external stakeholders.
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.
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): United States : New York : New York City
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.
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 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
205341
Salary Range:
110,700.00 - 211,800.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals.
Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries!
Purpose
Serve as a key member of the U.S. Liquidity Risk team, playing an important leadership role with (1) enhancing the second line of defense independent review function; (2) reviewing and challenging key liquidity risk management processes managed by Treasury and business lines; (3) supporting the implementation and ongoing enhancement of the Firm’s Liquidity Risk Assessment (“LRA”); and (4) developing complex data analysis techniques for use in the measurement of liquidity risk.
What You’ll Do
Provide support in building, enhancing and executing the second line of defense roles and responsibilities to ensure U.S. Treasury and business activities, particularly related to liquidity and interest rate risk management, are in compliance with regulatory expectations and requirements and are consistent with the Bank’s internal framework.
Coordinate between Risk and Treasury functions, within the U.S. operations and at the group-level, on the initiatives associated with Liquidity Risk and governance. Lead regular deep dive process assessments and support annual Liquidity Risk Assessment process to identify key risks and propose limits and/or Key Risk Indicators to monitor and manage the risks.
Support continuous enhancements to monitor interest rate risk (IRR) in the banking book and coordinate with Head Office Treasury and Risk functions on IRR activities.
Enhance liquidity risk governance frameworks, policies, and procedures. Lead and drive a customer focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Monitor liquidity risk in both on- and off-balance sheet positions, particularly through liquidity stress test and FR2052a analytics, and challenge the Treasury function’s designs and processes.
Adapt to and work effectively with various individuals or groups in a variety of situations or adapt one's approach to accommodate changes in the situation, organization, or own job requirements.
Create an environment in which the team pursues effective and efficient operations, ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk.
Build a high-performance environment and implement a people strategy that attracts, retains, develops and motivates the team by fostering an inclusive work environment, communicating vision/values/business strategy and managing succession and development planning for the team.
What You’ll Bring
6+ years of experience in Treasury, Risk, or business line related functions
Ability to frequently analyze large sets of data and concisely summarize key points to be used as management information.
Strong verbal and written communication skills are required.
Experience related to key Treasury functions including, funding/liquidity management, IRR, ALM, FTP, Funding Plan projection, CFP, and capital management is desired.
The position will involve extensive interactions with constituents across various functions internally and externally including Risk, Treasury, IT, Finance, and key external stakeholders.
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.
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): United States : New York : New York City
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.
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 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