Associate, U.S. Balance Sheet Management

Requisition ID: 179670

Salary Range: 82,400.00 - 153,000.00

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.

Contributes to the overall success of the U.S. International Money Markets and Funding 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.

The incumbent is responsible to ensure U.S. International Money Markets and Funding has builds and maintains effective relationships with the U.S. GBM businesses to optimize liquidity, balance sheet positioning and drive both profitable and sustainable balance sheet growth.

Is this role right for you? You will be responsible for:

• 
  Management reporting and forecasting of critical liquidity metrics, and building and maintaining effective relationships with the U.S. GBM businesses to optimize liquidity metrics
• Collaborate with the U.S. funding desk and Group Treasury Toronto to ensure alignment on planned unsecured funding issuance and liquidity forecasting
• Building out cash management capabilities, and enhance the intraday management policy as it relates to Reg YY
• Assist with the U.S. specific build out of Balance Sheet management, ALM and FTP capabilities
• Collaborate with business lines to ensure new and existing trades are structured efficiently from a liquidity metrics management perspective
• Develop Early Warning Indicators (EWI), review EWIs reporting and governance, and work with business lines to remediate any EWI flashes, as required by Reg YY
• Perform testing of the discount window, SCUSA credit lines, and operational capacity of the liquidity buffer
• Perform ad-hoc analysis and reporting on funding market conditions and liquidity as requested by senior management and committees
• Enhancements and reporting of the behavioral long term cash flow projections report, as required by Reg YY

Do you have the skills you need to succeed? We'd love to work with you, if you have:

• 
  Undergraduate degree or graduate degree in business, finance or economics preferred. Non-business degree combined with CFA would be acceptable.
• Strong analytical skills including extensive facility with PowerPoint, Excel, Tableau, PowerBI and Bloomberg among others.
• The ability to be precise and there is a strong need to be able to multi-task and be detailed oriented
• Strong attention to detail and strong oral and written communication skills

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, 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. 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.