Manager, Asset Liability Management, Treasury

　　Requisition ID: 191116

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

　　Purpose

　　The Manager, Asset Liability Management is responsible for ensuring the monthly/weekly production of GAP, NII, EVE, Stress Testing under B12 (IRRBB), KRD, and Basis Risk, as well as supports Financial Note Disclosure reporting relating to Structural Interest Rate Risk, the contractual maturity and FMV disclosure. The incumbent is responsible for coordinating various stakeholders, business lines and business partners (i.e. IT support) in regards with the ongoing data/system migration, business/market-driven changes/projects (i.e. CDOR cessation, new products), research, development and implementation of new analytics and methods to improve the Bank's asset and liability management paradigm. This role will also be responsible for coordinating and/or executing implementation for any new methodology, new systems and processes applied to ALM reporting; identifying any user findings and raise these within the broader group in the Treasury function to ensure synergies and business requirements are optimized.

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

　　Work with the team in preparing monthly / quarterly reports of GAP, NII, EVE, Stress Testing under B12 (IRRBB), KRD and Basis Risk as well supporting Financial Note Disclosure reporting relating to Structural Interest Rate Risk, the contractual maturity and FMV disclosures.

　　Manage analysis and reporting of NII&EVE sensitivity of International Banking to ensure compliance with business and regulatory requirements for SIRR/IRRBB as well as alignment with local SIRR management. It also includes improvement of data quality and alignment of methodology/parameter assumptions with local SIRR management, analysis and reporting of main drivers of NII&EVE monthly variance (off-balance sheet hedges, wholesale funding, NMDs).

　　Support the simulation and analytical processes for ALM/BSM, through product research, relevant variables analysis including consumer behavior impact under different interest rates and its application to income and value simulation; Execute the implementation onto the BancWare system and provide reasonableness assessment of the results.

　　Perform impact tests and review reasonability of new parameters/model assumptions ensuring consistency with interest rate environment and business rationale.

　　Support the measurement, analysis and reporting of the regular net interest income simulations, analysis and accompanying commentary. Ensure the reasonability of input assumptions (interest rate scenarios, pricing and spread, growth targets, customer term preferences) and that the material variances between the interest rate scenarios are correctly identified and explained.

　　Maintain an effective system of internal controls over the ALM reporting process, identifying and documenting the risks and controls of key processes.

　　Coordinate with key stakeholders and execute implementation of new models and methodologies for ALM reporting to ensure models are implemented as intended.

　　Coordinate with key stakeholders and execute implementation of ALM reporting for any new data & processes, system upgrade, and market-driven transformation (e.g. CDOR cessation) along with quality control and assurance.

　　Identify any user findings for new methodologies/systems/processes and raise these within the broader group treasury to ensure synergies and business requirements are optimized.

　　Work closely with other product groups and system owners (i.e. bank reporting "sub-systems") to understand underlying information, data and content available, what the data means from a business perspective and how best to capture and aggregate all relevant data within the ALM framework.

　　Work closely with business partners to identify, address and provide solutions to the needs of the broader group for systems enhancements & integration, data quality assurance and availability of product and customer information

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

　　3+ years work experience, preferably in the Finance Industry, Business Analyst experience an asset

　　Advanced-level skills in Excel, Access, SQL

　　Related post-undergraduate degree/designation or on the way (such as CPA,CFA,FRM or MBA)

　　Knowledge in ALM applications such as BancWare or QRM

　　Knowledge in analysis applications such as PowerBI

　　Knowledge in Python

　　Strong analytical and problem-solving skills

　　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.

　　#treasuryjobs

　　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.