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Senior Manager, Balance Sheet & Margin Management Initiatives, GTB - Toronto

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Scotiabank

11d ago

  • Job
    Full-time
    Senior & Expert Level
  • Accounting & Tax
  • Toronto

Requirements

  • Undergraduate or graduate degree in Business or quantitative discipline (e.g. financial analysis, accounting and/or risk concepts, engineering, mathematics, statistics, etc.)
  • 7+ years' experience in financial industry with familiarity with non-personal deposit products, transfer pricing, margin analysis, liquidity risk and performance management
  • Solid track record of seeing beyond the numbers to the effects on the business
  • Comprehensive understanding of multiple, complex data sources across the Bank
  • Experience with data technology and end user development
  • Experience with Statutory and Management reporting
  • Strong analytical capabilities, verbal and written communication skills, and organizational skills
  • Polished interpersonal skills – able to establish rapport and develop working relationships with staff across a broad range of functional areas, job levels, and cultures.
  • The incumbent must have thorough knowledge of the financial services industry including regulatory trends and economic conditions as they relate to deposits and funding.

Responsibilities

  • Supports and promotes a performance and client focused culture leveraging relationships, knowledge and influence to deliver strong results, and client/partner satisfaction
  • GTB Deposit Portfolio Reporting
  • Produce timely ad hoc and regular management reports to enhance decision making, focusing on results
  • Ensure reporting and data is complete, accurate, consistent and available on a timely basis
  • Consults as a deposit portfolio subject matter expert (SME) to ensure structured data is available for day-to-day use and for customized solutions/projects
  • Support financial mapping construction with Finance for new deposit initiatives and reconcile internal reporting to Finance for problem solving analysis
  • Contribute to GTB's deposit revenue through value-added portfolio analytic insights
  • Support the performance of the deposit portfolio, evaluating profitability including interest expense governance
  • Providing analytical production support, quantifying, evaluating profitability and documenting the effects of various initiatives
  • Apply different analytical techniques to answer key business questions (e.g. stress testing, cannibalization, behavioural analysis, regressive and parallel analysis)
  • Analysis of deposit data/MIS analytics to drive enhancements through analyzing pricing parameters and portfolio trending
  • Support and document existing/new Funds Transfer Pricing (FTP) methodologies
  • Manage application of FTP in conjunction with Group Treasury for existing/new products including incorporating new processes
  • Analysis and reasonability review of proposals prior to being implemented
  • Measure Net Interest Income and Net Interest Margin implications at the business line level, product level and client level as it relates to FTP and the underlying business strategies
  • Communicate insights that would impact the profitability at the GTB/business line level, product level and client level
  • Maintain strong relationships for Portfolio Management team across the organization
  • Establish a strategic network that can benefit the deposit objectives of GTB and the Business Lines
  • Seek and proactively build partnerships with key stakeholders; Systems & Technology, Group Treasury, Business Lines, Sales, Operations, Risk/Compliance, and Product
  • Generate opportunities to collaborate with other parts of the Bank to achieve results that would otherwise not be attainable
  • Collaborate with internal stakeholders/partners on strategic and/or tactical deposit initiatives in support of their business objectives
  • Other duties as assigned supporting ad-hoc assignments or special projects from Senior Management as applicable. Contribute to GTB and Business Line partners by delivering a high standard of customer service to Management, other groups and support departments, countries and external partners.
  • Performs day-to-day activities in a manner consistent with the Bank’s risk culture and the relevant risk appetite statement and limits.
  • Supports an environment that pursues effective and efficient operations in accordance with Scotiabank’s Values, and its Code of Conduct, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
  • Champions a high performance environment and contributes to an inclusive work environment

Finance
Industry
10,001+
Employees

Mission & Purpose

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Culture & Values

  • Respect

    Everyone is always treated with dignity; diverse backgrounds and experiences are what make us better as a whole.

  • Integrity

    Acting honorably comes first – earning the trust of our customers (and each other) is what matters most.

  • Passion

    We’re enthusiastic about what we do, and want you to feel the same way. Imagine coming in to work, and actually feeling excited to learn!

  • Accountability

    We commit, we take action, and most importantly, we take responsibility for those actions. It’s just the right thing to do.