Associate Director, Gbm Treasury

Purpose

Under the direction of the Director, GBM Treasury, this role is accountable for assisting in ensuring business strategies, plans and initiatives are executed and delivered in compliance with governing regulations, internal policies and procedures.

The individual will develop a solid understanding of GBM business line strategies (Capital Markets) and with this knowledge assist in providing guidance to the Director, GBM Treasury on liquidity and funding risk mitigation and optimization.

GBM Treasury serves as the single point of strategic leadership and has accountability for GBM financial resource utilization including liquidity, balance sheet, and capital within the Bank.

Accountabilities

• Support the Director, GBM Treasury, in managing capital, liquidity and funding requirements associated with the business activity of GBM with the goal of optimizing balance sheet and funding utilization of the division
• Assist in collating relevant information from GT verticals including Liquidity and Funding Management to assess impact to key metrics such as stress testing, LCR, NSFR from the divisions' forecasted business activity and long-term strategic plans
• Assist the Director, GBM Treasury, in developing appropriate tools and internal reporting to monitor utilization allocated resources for the Capital Markets Business
• Identify opportunities to optimize the liability side of the broader GBM balance sheet
• Support the production and delivery of ad-hoc and strategic analysis / presentations to senior management with respect to capital, liquidity and related metrics for individual businesses within the division
• Work to develop data visualization tools such as Power BI to enhance management's view on financial resource management and optimization within the division.
• Support the review of regulatory changes affecting funding and how they impact the GBM division and assist in liaising with the businesses on the internal application of these proposals
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions
• Create an environment in which his/her team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk

Education/Experience

• Bachelor's degree in business, finance, mathematics or economics is a must
• Master's degree, recognized Professional designation in a specialized area of finance or business (CFA/Accounting), is an asset

• 3+ years of experience in a related field Treasury, Capital Markets, Liquidity Risk Management or Treasury Strategy role at a bulge bracket bank
• In-depth knowledge of functions and activities including liquidity and funding risks associated with secured funding, prime brokerage, derivatives and commitments products
• Proficient in banking regulations (LCR, NSFR, NCCF) and sound practices (Basel, OSFI, etc.)
• Ability to understand the regulatory environment in all regions and potential effects on investment, liquidity, structural risk and ALM activities
• Ability to review balance sheet and business funding usage including forecasting
• Results driven with the ability to deal with complex issues and lead
• Strong interpersonal, organizational and project management skills and an ability to work in a fast-paced environment with multiple priorities
• Superior communication skills with ability to influence executives across the organization
• Experience with PowerBI or similar data visualization tools
• High proficiency with Excel and SQL are considered assets