Associate, Term Funding & Capital - Group Treasury

Scotiabank; Toronto; On-site; CAD 75,000 - 100,000; Full time

Job summary

Scotiabank seeks a dedicated team member to support capital and wholesale funding programs in Toronto. This role involves managing issuance, conducting market analysis, and interfacing with external partners to ensure effective capital management. Join an inclusive workplace that fosters professional growth with comprehensive benefits and a competitive salary package.

Benefits

Inclusive and collaborative work environment

Professional development opportunities

Competitive rewards package

Medical, vision, and dental benefits

Paid vacation and personal days

Qualifications

• Finishing degree in related field required.
• Capital markets experience preferred.
• Experience in large project teams desired.

Responsibilities

• Support issuance, redemption, and/or repurchase of funding.
• Perform market research, pricing, and analysis.
• Manage internal reporting and departmental processes.

Skills

Analytical skills

Communication skills

Critical thinking

Attention to detail

Problem solving

Education

Undergraduate or graduate degree in business, finance, mathematics, economics or accounting designation

Tools

Peak

Wallstreet

Job description

Requisition ID: 231030

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

This role will support 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

Is this role right for you? In this role, you will:

• 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
  • Support opportunities for new products, markets and/or programs supported by analysis, market research and other diligence
  • Obtain internal and external approvals
  • Contribute to 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
• Manage booking, internal reporting, analytics and other department processes
  • Contribute to wholesale term funding plan and/or capital plan management
  • Dealer Scorecard, issuance database and quarterly wholesale funding blotter
  • Liability Committee presentations/updates
  • Input new transactions in the Bank’s systems and reports
  • Maintain calendars and schedules to support department efficiency
  • Periodic reports
  • Adhoc requests
• Support management of investor reporting for wholesale term funding programs, as applicable
• Support management of collateral pools, in conjunction with product areas, as applicable
• Support internal and external control functions (Audit, SoX, Operational Risk Assessment, Compliance Assessment)
• Support Bank’s hedge of stock-based compensation program, in compliance with established policies and targets Support department and Bank-wide initiatives, including: Bail-in conversion and related items within the Resolution Plan Capital related initiatives

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

• 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 Peak and Wallstreet systems is an asset

What's in it for you?

• We have an inclusive and collaborative work environment that values curiosity & ownership, encourages pragmatic creativity (i.e. true innovation), and celebrates success!
• An inclusive working environment that encourages creativity, curiosity, and celebrates success!
• A rewarding career path with diverse opportunities for professional development
• Internal training to support your growth and enhance your skills
• A competitive rewards package that includes a base salary, a performance bonus, company matching programs on pension and profit sharing, paid vacation, personal & sick days, medical, vision and dental benefits that start from day one and much more!

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. If you require technical assistance, please click here. 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.