Senior Manager, US Liquidity Risk

 

 

 

Requisition ID: 264466

 

 

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

 

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! 

 

 
Position:  Senior Manager, Liquidity Risk, U.S. Risk

 

 

Purpose
Contributes to the overall success of the U.S. Liquidity Risk team ensuring specific individual goals, plans, initiatives are executed and delivered in support of the team’s business strategies and objectives.  Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

 

 

Accountabilities 

•    Provide support in building, enhancing and executing the second line of defense roles and responsibilities to ensure U.S. Treasury activities, particularly related to liquidity and interest rate risk management, are in compliance with regulatory guidance and requirements and consistent with the Bank’s internal framework. 

•    Coordinate between Risk and Treasury functions, within the U.S. operations and at the group-level, on the initiatives associated with Liquidity Risk and governance. Lead annual Liquidity Risk Assessment process to identify key risks and propose limits and/or Key Risk Indicators to monitor and manage the risks.

•    Enhance and develop data analytics techniques for use in the reporting and measurement of liquidity and analyze liquidity stress tests and 2052a reporting to assist in the U.S. Treasury Risk Oversight role in providing effective oversight and challenge to U.S. Treasury activities.

•    Enhance liquidity risk governance frameworks, policies and procedures. Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

•    Monitor liquidity risk in both on- and off-balance sheet positions, particularly through liquidity stress test and FR2052a analytics, and challenge the Treasury function’s activities and processes.

•    Monitor interest rate risk (IRR) in the banking book and coordinating with Head Office Treasury and Risk functions on IRR activities.

•    Adapt to and work effectively with various individuals or groups in a variety of situations or adapt one's approach to accommodate changes in the situation, organization or own job requirements. Understand and appreciate different and opposing perspectives on an issue.

•    Helps foster an environment in which overall team pursues effective completion of objectives, 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 conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, and the Code of Conduct.

•    Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.

 

Primary Manager: Director, U.S. Liquidity Risk

 

         
Dimensions

The Senior Manager plays a key role in developing, maintaining, and enhancing the bank’s second line of defense Treasury Risk O