Associate, U.S. Treasury - Liquidity Reporting & Analytics

Title:

Associate, U.S. Treasury - Liquidity Reporting & Analytics

Requisition : 239205

Salary Range: 90,.00

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

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

Associate, U.S. Treasury - Liquidity Reporting & Analytics - New York, NY

Global Banking and Markets

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

Support the U.S. Treasury - Liquidity Reporting & Analytics team for Scotiabank to ensure regulatory compliance, prepare and enhance liquidity reporting & analytics, achieve data integrity, and execute U.S. Treasury strategy. This role is crucial in supporting the Bank’s growth efforts, strengthening the existing liquidity reporting framework and ensuring preparedness for Category III FBO requirements.

The incumbent is also expected to connect various facets of liquidity management including payment flows as related by all major currencies, through the following reports including (but not limited to):

• Daily Fed 6G / FR 2052a Reporting, Liquidity Coverage Ratio
• Daily Liquidity Stress Test and Liquidity Buffer Impacts
• Daily Cash Flow and EWIs Monitoring
• Top Counter party Reporting
• FBO Tailoring Metrics

• Ensure report compliance with U.S. regulatory requirements such as Enhanced Prudential Standards (Regulation YY), Resolution Plans (Regulation QQ), and support with implementation of any required changes based on regulatory reporting standards and guidelines.
• Actively participate in developing the U.S. Liquidity Stress Testing (LST) program and enhance methodologies for changing market conditions, new business initiatives, and evolving regulatory expectations
• Assist with the U.S. Liquidity Reporting Framework to ensure production and delivery of complete, accurate and timely liquidity reports for meeting internal and regulatory needs
• Provides preliminary oversight over deliverables by reviewing liquidity reporting with consideration to the Bank’s risk appetite, including investigating any material variances.
• Identifies any abnormalities in the data, investigates the root cause, and works with team members to resolve and works with other team members to develop management summaries of liquidity positioning, risk drivers and trends
• Contributes and participates in the resolution of items raised by regulatory, and internal and external compliance bodies on reporting content and processes.
• Deliver actionable insights through ad-hoc analytics and reporting as requested by senior management.
• Works and communicates with other stakeholders (2nd line and 3rd line) to identify, mitigate and/or resolve any issues related to U.S. Liquidity.
• Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and…