19 Oct
|
Scotiabank
|
Toronto
19 Oct
Scotiabank
Toronto
Is this role right for you? In this role, you will: Lead and drive a customer-focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, data, and knowledge.
Provide strategic direction for providing liquidity risk oversight through a robust framework including: Risk Identification & Measurement - Establish and monitor key liquidity risk indicators capturing funding stability and concentrations across funding sources, counterparties, and tenors.
Balance Sheet and Liquidity - assess the impact of financing activities (e.g., funding diversification, maturity profile, margin and collateral flows, etc.) on the Bank’s balance sheet and liquidity metrics, including Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR). FTP - oversee the independent review, validation, and governance of FTP methodologies, curves, assumptions, liquidity premiums, policy adherence, exceptions, and regulatory alignment, supported by documented risk assessments.
Stress testing - review, and challenge liquidity stress testing assumptions in the Bank’s internal liquidity stress testing (iLST) framework, with particular focus on balance-sheet intensive financing activities.
Drives automation and data analytics initiatives to improve risk governance, enable business growth, and enhance operational resilience across multiple data sources.
Accountable for recommendations of liquidity risk limits for all business activities through Delegated Authority or escalation to the Treasury Risk Committee (TRC) and/or Market Risk Management & Policy Committee (MRMPC).
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 their team pursues effective and efficient operations of their 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.
Build a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and managing succession and development planning for the team.
Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with: Master’s degree (e.g., Master of Finance, Master of Financial Risk Management, etc.) CFA and/or FRM certifications are an asset. 10+ years of progressive experience in liquidity risk, FTP, or related risk-management functions within a global financial institution, with exposure to securities financing activities such as Prime Brokerage,
Futures and Clearance Solutions, and Collateral Management & Funding.
Experience with cross-product margining across equities, fixed income, derivatives, and securities financing within a unified risk framework is a must.
Demonstrated knowledge of, and experience with, FTP principles, including funding curves, liquidity premiums, behavioral assumptions, business-line incentive alignment, ALCO governance, and regulatory expectations are required.
Deep knowledge of liquidity risk metrics and frameworks, including LCR, NSFR, internal liquidity stress testing, collateral management, secured financing, and balance sheet constraints.
Demonstrated experience with regulators, internal/external audit, model or methodology governance, and control functions in a global banking or capital markets environment.
Robust communication skills with proven experience managing teams in high-volume, risk-sensitive environment within a global banking and capital markets context.
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!
📌 Director, Business Line Liquidity Risk & FTP Oversight (Toronto)
🏢 Scotiabank
📍 Toronto