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Associate, U.S Treasury - Liquidity Reporting & Analytics

**Requisition ID:** 224019

**Salary Range:** 90,000.00 - 167,200.00

_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.

Associate, U.S. Treasury - Liquidity Reporting & Analytics - New York, NY

Global Transaction Banking

Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Small Business, Commercial and Corporate clients with effective treasury management solutions coupled with a best-in-class service model, making it easy for clients to do business with us.

As businesses build their digital capabilities and transform their operating models, their payment needs are evolving too. Boasting a unique global footprint, GTB’s comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline and simplify payments, improve working capital performance, and mitigate financial risk.

At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization.

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

Purpose:

Contribute to the overall success of the U.S. Treasury team by supporting regulatory compliance, enhancing liquidity reporting and analytics, and executing strategic initiatives. This role is pivotal in strengthening the liquidity reporting framework and ensuring preparedness for Category III FBO requirements. The Associate will connect various facets of liquidity management, including payment flows across major currencies, and support the integration of new deposit and cash management products.

The Associate, U.S. Treasury – Liquidity Reporting & Analytics is expected to connect all facets of liquidity, through the following reports including but not limited to:

+ Daily Fed 6G / FR 2052a Reporting, Liquidity Coverage Ratio

+ Daily Liquidity Stress Test and Liquidity Buffer Impacts

+ Daily Cash Flow and EWIs Monitoring

+ Top Counterparty Reporting

+ FBO Tailoring Metrics

What You’ll Do:

+ Provides oversight by reviewing daily liquidity reporting with product focus on Global Transaction Banking.

+ Supports the integration of any newly defined deposit and cash management products for U.S. Treasury.

+ Ensure report compliance with U.S. regulatory requirements such as Enhanced Prudential Standards (Regulation YY), Resolution Plans (Regulation QQ), and support with implementation of any required changes based on regulatory reporting standards and guidelines.

+ Assist with the U.S. Liquidity Reporting Framework to ensure production and delivery of complete, accurate and timely liquidity reports for meeting internal and regulatory needs.

+ Evaluate and identify the strategic roadmap for U.S. Treasury in analysis of Global Transaction Banking products by working closely with Enterprise and core Business Lines.

+ Anticipates and recommends Treasury solutions resulting from any new business initiatives, product trends or regulatory or risk issues.

+ Identifies any abnormalities in the data, investigates the root cause, and works with team members to resolve and develop management summaries of liquidity positioning, risk drivers and trends.

+ Contributes and participates in the resolution of items raised by regulatory, and internal and external compliance bodies by providing subject matter expertise on reporting content and processes.

+ Works and communicates with other stakeholders (2nd line and 3rd line) to identify, mitigate and/or resolve any issues related to U.S. Liquidity Reporting.

+ Provides preliminary oversight over deliverables by reviewing liquidity reporting with consideration to the Bank’s risk appetite, including investigating any material variances.

+ Champions and thrives in a high-performance environment with other team members to ensure that overall team goals, objectives and timelines are met, supporting the development of Senior Analysts and sharing subject matter expertise as needed.

+ Actively pursues 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 conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.

What You’ll Bring:

+ Bachelor’s degree in business, accounting, finance, mathematics or economics. A non-business degree combined with CFA or FRM would be acceptable.

+ 4+ years of experience in financial services, focusing on treasury or liquidity risk. Alternatively, a master’s degree with 3+ years of related experience.

+ Familiarity with reporting one or more of: Regulation YY or QQ compliance requirements covering FR 2052a report, Liquidity Coverage Ratio (LCR), Cash Flow Projections, Sources & Uses, Net Stable Funding Ratio (NSFR), Resolution Planning is an asset.

+ Working knowledge of assumption methodologies for Internal Liquidity Stress Testing (ILST) across different scenarios.

+ Exposure to automating reporting or analytical procedures with a programming ability in Python is strongly preferred.

+ Strong communication skills for discussions with management and different departments.

Interested?

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

\#GTB

Location(s): United States : New York : New York City

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. If you require technical assistance, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.