Purpose
The Associate Director leads liquidity risk analytics, methodology development, and governance activities supporting Global Banking & Markets (GBM) and Business Banking and is responsible for the measurement, oversight, and governance of associated liquidity risks. The role partners closely with Treasury, Business, Finance, and Risk stakeholders to evaluate liquidity exposures, assess funding implications, and support strategic decision-making. Through robust analytics, liquidity forecasting, stress testing, and scenario assessments, the Associate Director helps ensure alignment with the firm's risk appetite, business objectives, and regulatory requirements. The role also provides effective challenge and governance over liquidity assumptions and methodologies.
What You'll Do
• Serve as the primary U.S. Treasury subject matter expert for U.S. liquidity analytics and liquidity risk management for MCM, CREF, CMBS, RMBS, WLT, and securitized portfolios.
• Lead liquidity risk analysis and oversight for GBM and Business Banking activities.
• Support the development and enhancement of ILST methodologies, ensuring alignment with business strategy, risk appetite, and regulatory expectations.
• Assess the liquidity implications of business growth strategies, product offerings, and balance sheet changes.
• Monitor emerging business, market, and regulatory developments that may affect liquidity risk.
• Lead strategic initiatives to enhance liquidity analytics, reporting, stress testing, and risk measurement capabilities.
• Partner with Business, Treasury, Finance, Risk, and global counterparts to align funding strategies, regulatory expectations, and liquidity risk management practices.
• Lead contingency funding and resolution planning activities for structured finance market disruptions, including the development of playbooks and management action frameworks.
• Deliver management insights, regulatory support, and strategic recommendations regarding funding resilience, concentration risks, market dislocations, and emerging liquidity vulnerabilities.
• Represent U.S. Treasury in governance forums, regulatory reviews, and strategic initiatives while promoting a strong risk and control environment and developing team capabilities.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Conduct activities in accordance with applicable regulations, internal policies, the Bank's Code of Conduct, and established operational, compliance, sanctions, and conduct risk controls.
• Promote a high-performance and inclusive work environment.
What You'll Bring
• Bachelor's degree in Finance, Economics, Accounting, Risk Management, Data Analytics, or a related discipline; advanced degree or relevant professional designation is an asset.
• Significant experience in Treasury, liquidity risk management, stress testing, balance sheet management, structured finance, or a related financial services discipline.
• Strong knowledge of ILST, liquidity forecasting, funding risk, contingency funding, resolution planning, and liquidity risk governance.
• Demonstrated ability to evaluate complex portfolios and translate analytics into clear management insights and strategic recommendations.
• Experience engaging senior management, governance forums, regulators, and cross-functional stakeholders.
• Strong written and verbal communication, sound judgment, and the ability to provide effective challenge while building collaborative relationships.
• Strong analytical and data capabilities; proficiency with Microsoft Excel and PowerPoint is expected, with experience in data visualization or analytical tools considered an asset.
Interested?
If your experience is closely related but doesn't align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
What's in it for you?
Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
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