Senior Analyst, Regulatory Financial Review & U.S. Liquidity

Scotiabank • Toronto, ON

2d • Onsite

About The Position

Group Liquidity and Global Cash Management is responsible for managing and reporting on the Bank’s liquidity and funding risk. The team oversees liquidity management and strategy, stress testing, daily cash management activities, and financial, regulatory, and management reporting to support the Bank’s overall liquidity framework. The successful candidate will support the daily production of the U.S. Liquidity FR 2052a regulatory report and the daily and monthly reconciliation of enterprise liquidity data against the Enterprise General Ledger (EGL). The role will also contribute to the delivery of ongoing liquidity-related initiatives.

Requirements

• Bachelor's degree in Business, Finance, Economics, Accounting, or a related field is required.
• Minimum of 2 years of experience in the banking industry, with exposure to Treasury, Capital Markets, Liquidity Management, or Regulatory Reporting.
• Advanced technical proficiency with Excel, Python, SQL, VBA, and Power BI, including the ability to analyze and manipulate large datasets.
• Strong understanding of accounting principles, financial statement analysis, and banking products across multiple business lines.
• Proven analytical and problem-solving skills, with the ability to identify issues, assess impacts, and recommend effective solutions.
• Excellent verbal and written communication skills, with the ability to present complex information clearly to a variety of stakeholders.
• Highly motivated, detail-oriented, and collaborative professional who thrives in a fast-paced, complex environment and consistently delivers high-quality results.

Nice To Haves

• An MBA, CFA, or CPA designation is considered a strong asset.
• Experience with liquidity management frameworks, regulatory reporting requirements, and banking systems is considered an asset.

Responsibilities

• Support the daily production of the U.S. FR 2052a regulatory report, including the execution of required manual adjustments, variance analysis, and reporting of key insights to management.
• Review and reconcile enterprise liquidity data against the Bank’s Enterprise General Ledger (EGL) and other benchmark sources on a daily and monthly basis, while supporting manual adjustments for LCR, NCCF, and NSFR reporting.
• Maintain and update mapping tables used by ALRE, DIS, and Algo processes to support both U.S. FR 2052a and enterprise liquidity reporting.
• Review and assess new counterparties to ensure accurate classification and treatment within liquidity reporting frameworks.
• Support project and system releases by developing test cases, establishing expected results and benchmarks, and executing User Acceptance Testing (UAT) in accordance with regulatory and operational requirements.
• Assist in the preparation of business requirement documents and the maintenance of operational procedures and process documentation.
• Partner closely with Global Wholesale Risk Technology (GWRT) teams to identify, investigate, and resolve production and project-related issues.
• Collaborate with Global Risk Technology (GRT) teams to ensure project milestones and deliverables are achieved, while participating in UAT execution and validation activities.
• Document UAT outcomes through test closure reports and log defects in JIRA for failed test cases, ensuring timely resolution and tracking.
• Develop and execute regression testing protocols prior to implementation of system changes into the production environment.
• Assist in responding to regulatory, audit, and management inquiries related to liquidity reporting and data governance.
• Support various ad hoc analyses, reporting requests, and special projects as required.

Benefits

• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities – for you and our customers.
• A competitive rewards program includes annual bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
• Diversity, Equity, Inclusion & Allyship
• Accessibility and Workplace Accommodations

What This Job Offers

• Job Type: Full-time
• Career Level: Senior