Senior Manager, Balance Sheet Management - International Banking

Scotiabank; Toronto; On-site; CAD 120,000 - 180,000; Full time

Benefits offered by this job

Annual bonus

Flexible vacation

Comprehensive benefits

Job summary

Scotiabank is seeking a Senior Manager, Balance Sheet Management - International Banking in Toronto, Canada. The role focuses on governance of Treasury strategies across International Banking, with emphasis on interest rate risk, liquidity risk, and hedging using derivatives and fixed income securities.

The role requires strong quantitative skills, experience in ALM, risk management frameworks, and collaboration with cross-functional teams across Treasury, Risk and Finance.

Qualifications

• Bachelor's degree in finance, economics, accounting or related discipline; graduate degree a plus.

Responsibilities

• Support IB BSM team to orchestrate treasury strategies and balance sheet management.
• 0],

Skills

Treasury knowledge

Analytical skills

Communication skills

Strategic thinking

Education

Bachelor's degree in Finance or related field

Graduate degree considered asset

Tools

Python

SQL

Power BI

Job description

Title: Senior Manager, Balance Sheet Management - International Banking

Requisition ID: 274557

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

Contributes to the overall success of the Group Treasury (GT) - International Banking (IB). Provides analytical support to the International Banking Treasury team to facilitate effective governance and strategy orchestration over the International Treasuries on key topics such as Interest Rate Risk management, liquidity risk management, investments and FX hedging ensuring specific individual goals, plans and initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensure all activities are conducted in alignment with the Bank’s strategic priorities, risk appetite, and governance regulations.

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

• Support the International Banking (IB) Balance Sheet Management (BSM) Team to manage the orchestration of Treasury strategies designed to achieve effective and proactive balance sheet management
• Support the IB BSM Team to develop, implement and use of models and measurements to provide timely insights on Structural Interest Rate Risk (SIRR) and Liquidity Risk metrics.
• Deliver advanced analytics and scenario analysis to assess the impact of balance sheet growth, repricing gaps and market rate movements on net interest income and the Bank’s risk profile.
• Provide timely insights and recommendations to support International Banking ALCO discussions, senior management decision-making, risk limit management, and the execution of Treasury strategies
• Recommend and execute hedging and balance sheet positioning strategies using interest rate swaps, foreign exchange derivatives, fixed-income securities, and other Treasury instruments.
• Support the consistent application of Asset-Liability Management and Funds Transfer Pricing policies, methodologies, and governance standards across International Banking locations.
• Partner with local Treasury teams, Global Risk Management, Finance, Technology, and other stakeholders on balance sheet management priorities, regulatory initiatives, risk limits, and key Treasury exposures.
• Contribute to the development of the International Banking Balance Sheet Management technology strategy, including data pipelines, analytical infrastructure, quantitative tools, and reporting capabilities.

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 degree in Finance, Economics, Accounting, Business, Mathematics, Engineering, or a related quantitative discipline; a graduate degree is considered an asset.
• Strong experience in Treasury, Asset-Liability Management, balance sheet management, market risk, liquidity risk, structural interest rate risk, or a related financial discipline.
• Advanced knowledge of balance sheet risk management concepts, including net interest income simulation, repricing gap analysis, liquidity risk, investment portfolio management, and interest rate and foreign exchange hedging.
• Strong quantitative and analytical capabilities, with the ability to translate complex balance sheet and market data into clear, actionable recommendations.
• Knowledge of Funds Transfer Pricing, Cost of Funds methodologies, behavioural modelling, and the management of non-maturity deposits is highly desirable.
• Familiarity with key regulatory and risk management frameworks, including IRRBB, LCR, NSFR, and market risk requirements.
• Experience with data analytics (Python, SQL, etc.), visualization, programming or business intelligence tools (Power BI, etc.), is considered an asset.
• Strong communication, management skills and results-oriented mindset, with the ability to influence and collaborate across Treasury, Risk and Finance
• CFA, FRM, MBA, or another relevant professional designation is considered an asset.
• Professional proficiency in Spanish is considered an Asset.

What’s in it for you?

• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities — for you and our customers.
• A competitive rewards program that includes an annual bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow, and participate through our various Employee Resource Groups (ERGs), which span diverse gender identities, ethnicities, races, ages, abilities, and veteran statuses.
• Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove, and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.

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.