Scotiabank Looking for Associate, Term Funding & Capital Management at Toronto, ON Full Time

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

Purpose

The Associate, Term Funding & Capital Management supports the Associate Director with:

Issuance of the Bank’s capital and/or wholesale term funding

Diversification of the Bank’s capital and/or wholesale term funding

Management of the Bank’s capital and/or wholesale funding programs

Accountabilities

Support the issuance, redemption and/or repurchase of capital and/or wholesale term funding

Perform market research, pricing and analysis

Identify execution opportunities

Interaction with dealers, lawyers, and rating agencies

Transaction execution, including regulatory requirements, documentation and settlement

Input new transactions in bank systems and reports

Support diversification of capital and/or wholesale term funding

Identify opportunities for new products, markets and/or programs supported by analysis, market research and other diligence

Obtain internal and external approvals

Manage drafting of program documentation and/or amendments to existing program documents

Liaise with business lines for data if applicable

Establish processes and policies

Support management of capital and/or wholesale term funding programs

Continuous disclosure requirements

Program renewals (Board approval, regulatory filings)

Quarterly Bank financial statement review (capital and funding disclosure)

Quarterly financial statement review for funding programs administered by the Bank

Quarterly due diligence (general Bank and funding program specific)

Annual compliance requirements

Document and maintain manual of established processes and controls

Monitor usage against shelf limits and update weekly report

Maintain deal booking in bank systems and blotters

Maintain calendars and schedules to support department efficiency

Support internal reporting and analytics

Wholesale term funding plan and/or capital plan

Dealer Scorecard, issuance database and quarterly wholesale funding blotter

Liability Committee presentations/updates

Periodic reports

Adhoc requests

Support management of investor reporting for wholesale term funding programs, as applicable

Support management of collateral pools, as applicable

Support internal and external control functions (Audit, SoX, Operational Risk Assessment, Compliance Assessment)

Support department initiatives, including:
Bail-in conversion and related items within the Resolution Plan

Capital related initiatives

Education & Experience

Undergraduate or graduate degree in business, finance, mathematics, economics or accounting designation. Non-business degree combined with CFA or accounting designation would be acceptable.

Capital markets experience preferred

Strong analytical and math skills

Strong writing and communication skills; experience in large project teams

Critical thinking and problem solving regarding enterprise level concepts

Strong attention to detail is required

Ability to review and understand complex structured transactions and related documentation

Knowledge of K2 and Wallstreet systems is preferred

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. 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.