Requisition ID: 232132

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

 

The Global Cash, Collateral, and Intraday Liquidity Management team plays a crucial role in managing the bank's intraday liquidity and analytics, which are vital for the bank's financial stability and regulatory compliance.

 

The Associate in Intraday Collateral Management plays a pivotal role in supporting the bank’s real-time liquidity and collateral management. This role is part of the Global Cash, Collateral, and Intraday Liquidity Management team reporting to the Associate Director.  It is responsible for ensuring the efficient deployment, monitoring, and reporting of intraday collateral across central banks, clearing houses, and internal business lines. The successful candidate will contribute to the development of strategic initiatives, system enhancements, and regulatory compliance efforts.

 

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

 

• Participate and support the build of the Bank’s intraday collateral management system, including data sourcing, automation and process optimization.
• Monitor and analyze intraday collateral usage, movements, and positions across various venues and central bank facilities.
• Act as a liaison with external clearing venues and internal stakeholders to ensure accurate and timely collateral data sourcing.
• Contribute to the design and implementation of database architecture and analytics for real-time collateral tracking.
• Maintain and enhance intraday data governance, controls, and operational processes.
• Participate in the formulation of collateral strategy, including stress testing and scenario analysis in collaboration with Risk Management.
• Coordinate with Treasury, Trading Desks, and IT teams to ensure seamless collateral deployment, reporting, and to enhance the Bank’s collateral analytics capabilities.
• Ensure compliance with regulatory requirements related to intraday liquidity and collateral reporting.

 

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

 

• Undergraduate degree in Finance & Business, or STEM fields
• Finance & Business degree needs to be combined with MBA, CFA or FRM is a great asset.
• 3 years of experience in banking or financial services, preferably in liquidity, treasury, or collateral management.
• Strong understanding of financial products, central bank operations, and clearing systems.
• Ability to manage projects, communicate technical concepts to diverse stakeholders, and work cross-functionally.
• Proficiency in data tools such as SQL, VBA, Power BI, and Excel.
• Analytical mindset with attention to detail and a proactive approach to problem-solving.
• Strong interpersonal and communication skills.
• Ability to recommend decisions based on ambiguity
• Ability to thrive in a fast-paced, high-stakes environment with evolving priorities.

 

What's in it for you?

 

• In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
• You'll be part of a diverse, collaborative, innovative, and high-performing team
• We offer a competitive rewards package:
• Performance bonus, Employee Share Ownership Program, and Pension Plan Matching
• Health Benefits from day one!
• You will relish work-life balance, team events, and opportunities to participate in the community.
• Your career matters!  You will have access to career development and progression opportunities.

 

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.