Associate, Term Funding and Capital

Requisition ID: 243398

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

Reporting to the Associcate Director Term Funding & Capital Management the Associate will support department initiatives with respect to the:

• Issuance of the Banks capital and/or wholesale term funding
• Diversification of the Banks capital and/or wholesale term funding
• Management of the Banks 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 Banks 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 Banks 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 Wed 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
  

Whats in it for you

• In-depth training to prepare you for the role as well as ongoing coaching and feedback to help you succeed!
• Youll be part of a diverse collaborative innovative and high-performing team
• We offer a competitive rewards package:
• Performance bonus Employee Share Ownership Program and Pension Plan Matching
• Health Benefits from day one!
• You will relish work-life balance team events and opportunities to participate in the community.
• Your career matters! You will have access to career development and progression opportunities.

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.