Senior Analyst, USD Liquidity Support

 

 

 

Requisition ID: 189337

 Salary Range: 64,800.00 - 120,400.00 

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.

 

Senior Analyst, USD Liquidity Support (189337)

 

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! 

 

 

Overview
 

As a Senior Analyst, USD Liquidity Support, you will contribute to the overall success of the International Money Markets and Funding team in the U.S., ensuring individual goals, plans, and initiatives are executed/delivered in support of the team’s business strategies and objectives. You will also ensure that  all activities are conducted in compliance with governing regulations and internal policies and procedures.
 

This Senior Analyst, USD Liquidity Support under the Reporting & Analytics team, along with the U.S. Treasurer, is responsible for all aspects of USD Liquidity managed by the U.S. Operations.  You will be responsible for providing support within the Reporting & Analytics team to the U.S. Treasurer in the production and analysis of data and reporting used to monitor the daily liquidity position for specific U.S. entities, in addition to other relevant reporting related to the Bank’s Consolidated U.S. Operations for all business lines and liquidity concerns. You will be expected to connect all facets of liquidity, through the following reports including (but not limited to):
 

•    Daily Fed 5G / FR 2052a
•    Daily Liquidity Stress Test and Liquidity Buffer Impacts
•    Daily Cash Flow Monitoring
•    Top Counterparty Reporting


 

What You’ll Do
 

• Provide oversight within the First Line of Defense by producing and reviewing daily liquidity reporting with consideration to the Bank’s risk appetite, including investigating any day-over-day material variances.

• Analyze any abnormalities to articulate the root cause and works with team members to resolve.

• Work with other members of the Reporting & Analytics team to develop management summaries of liquidity positioning, risk drivers and trends using PowerPoint and Excel.

• Monitor the development of Junior Analysts and shares subject matter expertise as needed.

• Contribute and participate in the resolution of items raised by regulatory, and internal and external compliance bodies by providing subject matter expertise on reporting content and processes.

• Perform ad-hoc analytics and reporting as requested by the U.S. Treasurer and other senior management.

• Work and communicate with other stakeholders (2nd line and 3rd line) to identify, mitigate and/or resolve any issues related to U.S. Liquidity.

• Document any changes to U.S. Treasury reporting processes and the establishment of any new processes.

• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

• Champion and thrive in a high-performance environment with other team members to ensure that overall team goals, objectives and timelines are met.

• Actively pursue 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 c