Scotiabank

Senior Manager, Liquidity Risk

Scotiabank$100K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • University degree in Finance or related field; postgraduate degree preferred
  • CFA/FRM designation preferred
  • Over 5 years of experience in Capital Markets, Treasury, or Risk Management
  • Strong knowledge of capital markets and deposit products
  • Experience with liquidity risk management and Basel III frameworks is advantageous
  • Analytical and problem-solving skills are essential
  • Strong verbal and written communication skills

Responsibilities

  • Review and analyze liquidity risk data to provide forward-looking insights
  • Collaborate with Group Treasury and business lines to identify vulnerabilities
  • Partner with teams to challenge Internal Liquidity Stress Testing models
  • Enhance the liquidity risk management framework with new metrics and procedures
  • Implement best practices for evaluating liquidity risk impact
  • Provide subject matter expertise on liquidity regulations and policies
  • Leverage technology to improve liquidity risk analysis and reporting

Benefits

  • Inclusive and collaborative work environment
  • Competitive rewards package including performance bonuses and share ownership
  • Career development and progression opportunities from day one
  • Comprehensive health benefits available immediately
  • Pension plan matching
Full Job Description
Requisition ID: 266274

The Senior Manager Global Liquidity Risk Management plays a pivotal role in the Bank's Liquidity Risk Oversight function. The incumbent is expected to provide forward-looking insights that contribute to the successful execution of the Liquidity Risk Management Mandate. Success in this role is determined by a combination of accountabilities and demonstration of core values - Ownership, Curiosity, Drive, Courage and Team-First.

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

  • Review and analysis of liquidity risk data and metrics to provide value-adding and forward-looking insights into the Bank's liquidity risk profile in support of the Enterprise Liquidity Risk Management Mandate.
  • Collaborate with Group Treasury and business lines (i.e., Global Banking and Markets, Canadian Banking, International Banking, Wealth Management) to proactively identify vulnerabilities and seek opportunities for optimization of the balance sheet and funding programs.
  • Partner with Group Treasury, Capital Markets and Retail business lines to provide effective challenge and review of Internal Liquidity Stress Testing models, methodologies and assumptions.
  • Actively seek opportunities to enhance the liquidity risk management framework, including risk assessment, metric development, procedures and methodology.
  • Drive the implementation of best practices and analytical techniques for evaluating and quantifying the liquidity risk impact of the Bank's products and strategies.
  • Provide subject matter expertise on liquidity risk management and related regulations, including providing input for liquidity risk related policies and guidelines for the Bank's international branches and subsidiaries.
  • Play a leading role in the application of technology to enhance liquidity risk analysis, monitoring and reporting.
  • Communicates and incorporates the relevant risk appetite statement and risk appetite measures, in alignment with the Bank's risk culture, into activities so as to:
  • embed prudent risk taking into day-to-day management, planning and decision-making;
  • implement controls and processes to effectively identify, report and monitor risk; and,
  • ensure timely action is taken to effectively manage and mitigate risks, including prompt escalation of breaches of management limits or risk appetite measures as per established processes.
  • Builds 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 behaviors; 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 in this role? - We'd love to work with you if you have:

  • University degree in Finance or related discipline with a post-graduate degree (e.g., Master of Finance, MBA, etc.) is required
  • CFA/FRM designation preferred
  • 5+ years of experience in Capital Markets/Treasury/Risk Management functions is required
  • Strong knowledge of a broad range of capital markets (e.g., Structured finance: securities financing transactions (SFTs), conduits, securitized transactions, etc.) and deposit (e.g., corporate, retail, etc.) products is required
  • Understanding of bank Treasury functions and funding programs is an advantage
  • Liquidity Risk management experience is beneficial
  • Knowledge of Basel III and related regulatory frameworks is beneficial
  • Familiarity with liquidity stress testing methodologies and processes is beneficial
  • Demonstrated analytical and problem-solving skills
  • Strong verbal and written communication skills
  • Relationship building and collaboration


What's in it for you?

  • An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
  • We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
  • Your career matters! You will have access to career development and progression opportunities.


Location(s): Canada : Ontario : Toronto

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
5 Year Trend
+7%
NASDAQ

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