Senior Manager, US Liquidity Risk

About the role

The Senior Manager, U.S. Liquidity Risk, plays a key role in developing, maintaining, and enhancing the bank’s second line of defense Treasury Risk Oversight function and liquidity risk management framework. This role contributes to authoritative information on the bank’s U.S. risk management framework and its enhancement efforts to internal and external audiences.

Responsibilities

• 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.
• Carefully 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.
• Maintain awareness of 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 coordinate 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.
• 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.
• Build a high-performance environment and implement a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vision/values/business strategy and managing succession and development planning for the team.

Requirements

• 1+ years of experience in Treasury and/or Risk related functions
• Ability to frequently analyze large sets of data and concisely summarize key points to be used as management information.
• Strong verbal and written communication skills are required.
• Data analysis skills (i.e., PowerBI, etc.) a plus.
• Ability to interact with constituents across various functions including Risk, Treasury, IT, and Finance.

Qualifications

• Education: Bachelor’s degree or equivalent experience

Skills

• Excellent judgment, technical skill, and the ability to influence stakeholders to achieve results.

Benefits

Scotiabank offers a comprehensive benefits package to support your unique family, financial, physical, mental, and social health needs. For more details, please refer to the company's official website.

Pay

Competitive compensation and benefits package.

Schedule

Full-time position.