Manager, Regulatory Financial Review & U.S Liquidity

Scotiabank•Toronto, ON

3d•Onsite

About The Position

Global Liquidity & Funding Management is responsible for reporting and managing liquidity and funding risk for the bank. This includes liquidity management and strategy, stress testing, daily/monthly reporting (regulatory and management). The Bank has implemented a liquidity engine for enterprise LCR reporting to meet OSFI regulatory requirements. The chosen candidate will be responsible for supporting the enterprise liquidity data reconciliation to ensure the accuracy and integrity of liquidity data including monthly reconciliation, daily& monthly manual workarounds, and analysis of the Bank's liquidity risk positions against the bank’s balance sheet and daily reviewing of the reasonability and fluctuation of the liquidity data. The incumbent will also be involved in all related ongoing projects.

Requirements

Undergraduate degree in business, finance, or economics required.
Minimum 5 years of experience in the banking industry with a focus on treasury, capital markets or regulatory reporting.
Expert knowledge of Excel, Python, SQL, VBA, Power BI
Strong knowledge of OTC and exchange-traded derivative products and processes
Strong background in accounting and financial statement analysis as well as a detailed understanding of banking products across business lines.
Strong analytic and problem-solving skills.
Strong verbal and written communication skills.
High performance, pragmatic, detail-oriented team player able to work well in a complex, demanding and fast-paced environment.

Nice To Haves

MBA, CFA or CPA preferred
Prior experience with liquidity management, projects and bank’s various systems would be an asset.

Responsibilities

Responsible for daily/monthly reviewing enterprise liquidity data against bank’s EGL and other benchmarks; provide manual adjustments to daily/weekly/monthly LCR/NCCF/NSFR reporting.
Responsible for the monthly SFT reconciliation against EGL including documentation of the reconciliation methodology and investigation of discrepancies.
Assist in assessing SFT data gap liquidity impact and coordinate with different reporting streams for creating manual adjustments
Manage mapping tables that are consumed by enterprise reporting.
Review the weekly net new counterparty for liquidity reporting.
For project releases, assist in establishing test cases, expected benchmarks, and UAT protocols within the context of the applicable regulatory and operational frameworks for enterprise reporting
Assist in preparing business requirement documents and maintaining proper operational procedures.
Work closely with GTT to establish resolution protocols with respect to issues arising from the production or project activity.
Work closely with GTT to ensure adherence to project timelines and deliverables, perform actual UAT testing activities.
Document UAT test case results via closure reports on test cases that have passed or recording defects in JIRA for those cases that have failed UAT.
Establish a regression test protocol and perform the same prior to the promotion of the system build into production.
Assist in responding to regulator or management queries
Performing other ad hoc tasks as required