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Title: Senior Analyst, Secondary Nostro Funding, GTB Payment Operations

Requisition ID:

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

Global Transaction Banking

Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Small Business, Commercial and Corporate clients with effective treasury management solutions coupled with a best-in-class service model, making it easy for clients to do business with us.

As businesses build their digital capabilities and transform their operating models, their payment needs are evolving too. Boasting a unique global footprint, GTB’s comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline and simplify payments, improve working capital performance, and mitigate financial risk.

At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization.

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

Purpose

Contributes to the overall success of daily cash management operations of Secondary Nostro management within GTB Payment Operations for designated accounts in North America ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations,



internal policies and procedures

What You'll Do

- Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

Cash Management Operations

- Executes secondary Nostro cash management operations, monitors account balances to meet EOD targets and works to maximize interest revenue on idle cash
- Works with leaders to augment existing GTB Payment Operations (formerly known as Money Transfer Operations) functions and requirements with additional EOD processing and funding duties (e.g., ACSS / US)
- Utilizes Nostro management software and internal systems to track payment statuses and resolve payment issues
- Collaborates with LoBs and Treasury to minimize overdraft interest and opportunity costs

Payment Initiation

- Executes the initiation of funding / drawdown payments to / from secondary Nostro accounts in keeping the EOD target balances, ensuring accuracy and timeliness
- Works with leaders to initiate payments or resolve issues / delays to payment processing while maintaining segregation of duties (initiation vs. movement of funds)
- Assistance with manual/specialized payments within the team during peak times/testing
- Leverages GDMS (or equivalent)



for payment initiation & payment throttling mechanism (via APS or equivalent platform) and provides inputs for future development

Account Forecasting

- Supports the operational components of account forecasting by working with Group Treasury, Network Management and the Account owners to develop and enhance capabilities, project future cash flows and liquidity needs of secondary Nostro accounts
- Works with leader and Group Treasury representatives to refresh end-of-day cash balance targets on a periodic basis with inputs from LoBs to reduce idle balances, manage operational risks, avoid overdrafts, and optimize daily transactions required
- Enhance forecasting capabilities by developing and maintaining interactions with “upstream” sales teams (e.g., GBM / CAN Banking Sales) to provide alerts and notifications for upcoming large-scale transactions (e.g., M&A; deals, bulk payments etc.)

Operational Reporting

- Works with leaders to prepare regular operational reports that provide insights and analysis on secondary Nostro account activities, including cash positions, transactions, and actions taken to enable Ops to better monitor cash flows & improve decision-making via insights
- Ensures compliance with internal and external reporting requirements, such as operational issues or exceptions, regulatory filings, and audit requests
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Actively pursues effective and productive operations of their respective areas in accordance with Scotiab

📌 Senior Analyst, Secondary Nostro Funding, GTB Payment Operations (Toronto)
🏢 Scotiabank
📍 Toronto