Manager, Regulatory Capital Reporting, Non-retail

Scotiabank; Canada; On-site; CAD 60,000 - 100,000; Full time

Job summary

Join a purpose-driven team at a leading financial institution where you will play a crucial role in ensuring accurate regulatory capital reporting. This position offers a dynamic work environment that values collaboration and creativity. You will engage with various stakeholders, support critical calculations, and contribute to innovative reporting solutions. With competitive rewards and opportunities for career development, this role is perfect for those looking to make a significant impact in the financial sector while working under pressure and meeting tight deadlines. Embrace the chance to grow your career in an inclusive and supportive atmosphere.

Benefits

Performance Bonuses

Employee Share Ownership

Pension Matching

Health Benefits

Qualifications

• Minimum 2 years' experience in a cross-functional environment.
• Deep understanding of Basel III and OSFI’s CAR Guidelines.

Responsibilities

• Prepare monthly and quarterly regulatory capital reports using Excel and Power BI.
• Assist with systems changes and User Acceptance Testing (UAT).
• Collaborate with teams to communicate RWA calculation rules.

Skills

Excel

Power BI

SQL

Basel III Capital Reporting

Attention to Detail

Financial Modeling

Process Automation

Communication Skills

Education

University degree in Mathematics, Computer Science, Business

Accounting designation

Tools

MS Access

MS Office Suite

Job description

Requisition ID: #

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

This role is responsible for ensuring accurate and timely reporting of Regulatory Capital components for Non-Retail lending on- and off-balance sheet positions for the entire Bank. It involves significant engagement and coordination with stakeholders across GBM, GRM, IT, Audit, and others.

The ideal candidate will have expertise in Basel III capital reporting, strong Excel and PowerBI/SQL skills, and a thorough understanding of OSFI's Capital Adequacy Reporting guidelines.

The Manager will support calculations of risk-weighted assets (RWA), assist in producing and reconciling regulatory reports, collaborate with audit on sampling and control files, and participate in automation initiatives.

Key Responsibilities:

1. Support the Senior Manager in preparing monthly and quarterly regulatory capital reports, including internal MIS reports, ad hoc requests, and variance analysis using Excel, Power BI, and SQL.
2. Prepare and post monthly adjustments, ensuring accuracy in reported RWA and expected losses (EL).
3. Assist with systems changes, new programming requirements, and User Acceptance Testing (UAT) by developing business requirements, test cases, and expected results.
4. Support migration of reports and queries to the new Regulatory Capital Reporting platform and develop expertise in its capabilities.
5. Review legacy reports and queries to identify efficiencies and reduce redundancy.
6. Maintain and create documentation for non-retail reporting processes to meet compliance standards (e.g., SOX, EUC, RDARR, RCSA, RRTOM, desktop procedures).
7. Participate in RWA optimization initiatives and develop innovative management and variance reports for faster analysis under tight deadlines.
8. Collaborate with teams across departments to communicate RWA calculation rules, identify methodology differences, and support data mining efforts.
9. Provide analysis on capital implications of new data systems and support participation in QIS studies.
10. Assist other project teams with regulatory change implementations and suggest process improvements.
11. Contribute to ongoing and ad hoc projects related to Regulatory Capital reporting.

Candidate Skills and Qualifications:

• University degree in Mathematics, Computer Science, Business, or related field; minimum 2 years' experience in a cross-functional environment. Accounting designation is a plus.
• Experience in credit risk management preferred.
• Deep understanding of Basel III and OSFI’s CAR Guidelines.
• Exceptional attention to detail.
• Proficiency with MS Access, Power BI, Excel, and MS Office suite.
• Strong financial modeling and UAT development skills.
• Experience with process automation and reconciliation.
• Knowledge of Non-Retail exposures and products is beneficial.
• Ability to work under pressure, with flexibility for long hours during tight deadlines.
• Excellent organizational, communication, and self-motivation skills.

What’s in it for you?

• An inclusive, collaborative environment that encourages creativity and celebrates success.
• Competitive rewards including performance bonuses, Employee Share Ownership, Pension Matching, and Health Benefits from day one.
• Opportunities for career development and progression.

Location: Toronto, Ontario, Canada

At Scotiabank, we value diverse skills and experiences and are committed to an inclusive environment. Accommodations are available during the recruitment process. Candidates must apply online. We thank all applicants; only those selected for an interview will be contacted.