Job Description

Requisition ID: 256981

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Manager, Treasury Risk Analytics within the Trading Floor Risk Management (TFRM) International team is primary focused on providing structural, liquidity, and market risk oversight for Scotiabank's operations in Latin America and Caribbean units, ensuring all positions and their inherent key risks are properly identified, quantified, monitored, and reported.

This role has regular exposure to Senior Management across different areas and jurisdictions, working in a collaborative team environment to discuss and provide recommendations on market risk related issues in the region; written and oral presentations are done on a regular basis to Senior Level Executives. The manager will also assess business proposals on the appropriate risk frameworks in line with Scotiabank's standards and policies.

You will conceptualize, develop, and deploy value-added analytical tools and data visualization solutions (ad-hoc reports & dashboards in Power BI, Tableau, etc.) to support treasury activities around structural interest rate risk and liquidity management. This position will also collect and analyze data from various sources, assessing data quality, ensuring information integrity, using statistical and analytical software, such as Python, R or Visual Studio.

Is this role right for you? In this role, you will:

• Develop effective relationships with business lines that foster awareness of the Bank's risk framework, driving agile implementation of value-added initiatives.
• Maintain regular dialogue with business lines and control functions with respect to market developments and risk matters, including changes in risk profile and P&L drivers.
• Monitor international financial markets/events, identify new trends and summarize new regulatory requirements.
• Facilitate effective risk-reward decisions by providing an independent opinion on business initiatives, including calibrating risk limits in alignment with the Bank's risk appetite framework.
• Run daily processes within deadlines (e.g., reports, analysis, etc.) and identify process improvement opportunities.
• Contribute to the testing and development of new tools to automate risk processes across different jurisdictions.
• Distil relevant daily risk/market information into highlights, ensuring material issues are communicated to stakeholders.
• Work effectively with other team members and/or stakeholders with emphasis on getting things done through active participation and collaboration.
• Proactivity endeavor to propose and execute solutions to daily challenges and tasks.

Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with:

• Quantitative Undergraduate (e.g., Economics, Finance, Mathematics, Statistics, Engineering, etc.) with a master’s degree (e.g., MSc, Master of Finance, Master of Risk Management, etc.).
• CFA and/or FRM certifications are an asset.
• Strong knowledge of market risk management processes and metrics is required, focusing on balance sheet management (e.g., Static Interest Rate Gaps, Net Interest Income, Economic Value, duration gap.), and liquidity risk management (e.g., Liquidity Cash Gap, Liquidity Buffer, Liquidity Stress Testing).
• At least 2 years of previous experience in liquidity risk, interest rate risk or market risk management.
• Proficiency using programming languages and data management software (i.e., VB Excel, R, Python, SQL, SAS, etc.) and work experience in data visualization tools (i.e., Power BI, Tableau etc.).
• Knowledge of risk appetite and risk framework is an asset.
• Ability to speak Spanish is an asset.
• Strong communication skills are critical as there is close interaction with the regional Heads of Capital Markets, Traders, and local Market Risk Management teams.
• Strong writing skills are critical as written communication is often used to present key issues and recommendations to Senior Management and different Risk Committees.
• Given the high volume of activity, the manager must be able to prioritize ongoing initiatives and efficiently multi-task to meet objectives.
• Ability to adapt to a dynamic and fast-paced environment is a must.

What’s in it for you?

• The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
• A rewarding career path with diverse opportunities for professional development.
• Internal development to support your growth and enhance your skills.
• A competitive compensation and benefits package.
• An organization committed to making a difference in our communities– for you and our customers.
• We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!

Please Note: Group Treasury staff are treated as insiders of the Bank and are subject to the Terms and Conditions of the Scotiabank Personal Trading Policy.

Location(s): Canada : Ontario : Toronto

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. If you require technical assistance, please click here 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.