Associate, Treasury Management Officer, GTB - Toronto, Ontario

Scotiabank; Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

Scotiabank in Toronto, Ontario seeks an Associate Treasury Management Officer (TMO) to support Global Transaction Banking for a portfolio with $2B+ annual revenues. You will act as a single point of contact across markets, delivering GTB solutions and coordinating with in-country coverage to ensure a consistent client experience.

You’ll leverage your knowledge in cash management, liquidity optimization, and digital transformation to strengthen connections, prospect new clients, and deliver

Qualifications

• 3+ years of transaction banking experience incl. global cash management, liquidity management, trade & working capital solutions, and/or corporate banking or global banking experience.
• Basic understanding of transaction banking products, credit and risk processes and pricing philosophy.
• Excellent communication skills with a track record in building relationships with clients and prospects.
• Proven negotiation, active listening, analytical and problem-solving skills.
• Concern and regard for managing operational and enterprise risk.
• Bachelor’s degree, MBA or equivalent
• Certified Treasury Professional (CTP) designation as an asset
• International banking experience is an asset
• Proven track record of prioritizing competing priorities

Responsibilities

• Assist in prospecting and sourcing new transaction banking business while retaining and expanding existing client relationships.
• Provide support to senior TMOs in managing relationships with CFOs, Treasurers, VPs of Finance, and Controllers.
• Take ownership of daily tasks and processes and special projects.
• Coordinate with solutions specialists to deliver a seamless end to end client experience and conduct data analysis to support with client sales opportunities.
• Work with internal product stakeholders to represent client perspectives in the development and evolution of products and solutions.
• Support with regulatory requests from regional regulators
• Collaborate with key partners including Group Treasury, Global Risk Management, Capital Markets, Corporate & Investment Banking, Global Operations, Fulfillment and Servicing.

Skills

Transaction banking experience

Communication skills

Negotiation skills

Analytical thinking

Risk awareness

Prioritizing competing priorities

Education

Bachelor’s degree, MBA or equivalent

Job description

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Title: Associate, Treasury Management Officer, GTB - Toronto, Ontario

Requisition ID: 273032
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

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

As an Associate Treasury Management Officer (TMO) you will work closely with Corporate &Investment Bankers (CIBs) while supporting the management of a specific portfolio with annual revenues greater than $2 billion. You’ll serve as a single point of contact across all markets, offering dedicated Global Transaction Banking (GTB) coverage for all products. TMOs will be organized by industry sector and coordinate the overall GTB relationship with in-country subsidiary coverage to provide a consistent and simplified client experience. By leveraging your knowledge in global liquidity management, payables and receivables optimization, alternative and emerging payments, foreign exchange, working capital solutions, and digital transformation, you’ll strengthen existing connections, prospect new ones and introduce clients to strategic partners as you deliver Scotiabank’s global value proposition and local transaction banking platform.

What You’ll Do

• Assist in prospecting and sourcing new transaction banking business while retaining and expanding existing client relationships.
• Provide support to senior TMOs in managing relationships with CFOs, Treasurers, VPs of Finance, and Controllers.
• Take ownership of daily tasks and processes and special projects.
• Coordinate with solutions specialists to deliver a seamless end to end client experience and conduct data analysis to support with client sales opportunities.
• Work with internal product stakeholders to represent client perspectives in the development and evolution of products and solutions.
• Support with regulatory requests from regional regulators
• Collaborate with key partners including Group Treasury, Global Risk Management, Capital Markets, Corporate & Investment Banking, Global Operations, Fulfillment and Servicing.

What You’ll Bring:

• 3+ years of transaction banking experience incl. global cash management, liquidity management, trade & working capital solutions, and / or corporate banking or global banking experience.
• Basic understanding of transaction banking products, credit and risk processes and pricing philosophy.
• Excellent communication skills with a track record in building relationships with clients and prospects.
• Proven negotiation, active listening, analytical and problem-solving skills.
• Concern and regard for managing operational and enterprise risk.
• Bachelor’s degree, MBA or equivalent
• Certified Treasury Professional (CTP) designation as an asset
• International banking experience is an asset
• Proven track record of prioritizing competing priorities

Working Conditions:

• Work in a standard office-based environment.
• Domestic and International travel required

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.

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.