Finance Senior Manager US GTB Product Control 214518
Finance Senior Manager US GTB Product Control 214518
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Job Description
Requisition ID: 214518
Salary Range:117400..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 candidates relevant knowledge skills and experience.
Join a purpose driven winning team committed to results in an inclusive and highperforming culture.
Senior Manager US GTB Product Control New York NY
Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Corporate and Commercial clients with effective treasury management solutions coupled with a bestinclass service model making it easy for clients to do business with us.
As our clients transform their operating models expand globally and deploy digital capabilities and their cash management needs are evolving too. Boasting a unique global footprint GTBs comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies streamline treasury processes simplify payments improve working capital performance and mitigate financial risk.
At Scotiabank we embrace your strengths ideas and ambitions. GTB is a fastgrowing 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 purposedriven winning team committed to results in an inclusive and highperforming culture.
Purpose:
Contributes to the overall success of GBM Product Control in the U.S. ensuring specific individual goals plans initiatives are executed / delivered in support of the teams business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations internal policies and procedures.
Reporting to the Director US Head of Product Control the incumbent is primarily responsible for designing and implementing process and systems solutions for daily P&L reporting daily/monthly accounting balancing and reconciliations for US Global Transaction Banking.
The incumbent will interact with a number of functional areas within and outside of Product Control. The key internal relationships outside of Product Control will be with the Front office desk of GTB GWO GFRT and TFRM.
Accountabilities:
- Supervises preparation of P&L and related supporting information for the Trading desk Risk Management and Finance including full decomposition of P&L by risk factors. Ensure business partners have a clear understanding of the underlying drivers of the P&L. Preparation of market commentaries on a Daily Monthly Quarterly basis to explain significant PL movements & events. Will manage a team of 12 analysts.
- Ensures that the accounts and financial records of US Global Transaction Banking (BNS Houston & New York Agency) businesses are being maintained according to International Financial Reporting Standards policies and procedures set by Scotiabank Executive Offices and the local regulators.
- Develop quality financial management information reporting solutions to the business line including accurate daily/weekly/monthly/yearly portfolio and consolidated level P&L and monthly balance sheet reporting
- Deep diving and problem resolutions in resolving day to day PL issues (following up with GWO/Front Office).
- Champions a highperformance environment and implements activity that assists in attracting retaining developing and motivating their team by living the vision/values/business strategy of the team.
- Continuously review assigned procedures across the team to ensure that they are effective efficient and controlled. Suggest and develop ongoing methods of improving accurate data collection globally streamlining reporting sharing best practices and crosstraining team members.
- Understand how the Banks risk appetite and risk culture should be considered in daytoday activities and decisions.
- Actively pursues effective and efficient operations of his/her respective areas while ensuring the adequacy adherence to and effectiveness of daytoday 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.
Education & Experience:
- Prior experience in Product Control Financial Reporting or Audit is preferred.
- Deep payments expertise and acumen (Letters of Credit Trade Finance Cash Management 15c33.
- In depth experience with Finacle Alteryx Peoplesoft Excel & Oracle Financial Accounting Hub
Interested
At Scotiabank every employee is empowered to reach their fullest potential respected for who they are and embraced for their differences. Thats why we work to grow and diversify talent and engage employees in a performanceoriented culture.
Whats 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 wellbeing 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 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.
Required Experience:
Senior Manager
Employment Type
Full Time
