Analyst, Group Treasury Product Control

　　Requisition ID: 191700

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

　　Purpose

　　The Analyst – Group Treasury Product Control is a member of Product Control team, responsible for providing P&L and Accounting support for a number of books and / or strategies for Group Treasury.

　　The Product Control Department is the Profit & Loss control group providing support to Scotiabank Global Banking & Markets and Group Treasury. This encompasses daily P&L reporting, risk attribution and analysis, valuation reserves & independent price verification (IPV), reconciliation of reported P&L to Front Office estimates and to the general ledger, the substantiation of balance sheet accounts, issue identification and resolution, and the maintenance of business performance and control MIS. Product Control operates within an evolving business environment and adapts to facilitate an evolving business and support their growth and expansion.

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

　　Producing and reporting daily P&L. Confirmation of P&L integrity/ validation through risk based attribution. Reconciliation of daily P&L to FO expectations with corresponding P&L explanatory to ensure P&L Sign-off by the Front Office. Coordination and resolution of P&L breaks between FO and Product Control through collaborative dialogue.

　　Ensuring daily reported P&L is reconciled to the Bank’s General Ledger and associated source system sub ledgers. Adoption of a proactive approach to ensure breaks are escalated and resolved on a timely basis as required by established workflows. Ensuring balance sheet accounts are substantiated and that all accounting issues are resolved on a timely basis. Orchestrate and complete the Month-End Close Sign-off and MIS Package.

　　Strong understanding of risk analytics to develop and implement infrastructure processes aimed at effectively capturing and reflecting risk profile of business.

　　Production, Review and Analysis of IPV, Reserves and Fair Value Adjustments as may be required in agreement with Risk Management and as required by Bank Guidelines. The coordination and timely resolution of Issues with the Front and Back Offices, and Risk Management.

　　Supporting other financial reporting needs as may be required.

　　The incumbent will support the Manager and Senior Manager in establishing support for new products/business in a controlled manner and actively engage in requests for support, analysis and information from various constituents including the Front Office, Risk Management, Operations, Finance, Audit and Regulators.

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

　　A Business Degree focused on Finance, Accounting, and/ or Risk Analytics. A professional accounting designation is preferred. A CFA or FRM will also be an asset.

　　Strong analytical and problem-solving skills

　　Advanced knowledge of Excel

　　SQL and VBA coding experience would be a very significant plus.

　　Organizational skills must be at an advanced level.

　　Ability to juggle multiple projects, tasks, and deadlines in a fluid dynamic environment.

　　Strong communication skills and the ability to interact with a demanding Front-Office client base.

　　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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.