Senior Manager, Balance Sheet & Margin Management Initiatives, GTB - Toronto

What You’ll Do

• Supports and promotes a performance and client focused culture leveraging relationships, knowledge and influence to deliver strong results, and client / partner satisfaction
• GTB Deposit Portfolio Reporting Produce timely ad hoc and regular management reports to enhance decision making, focusing on results Ensure reporting and data is complete, accurate, consistent and available on a timely basis Consults as a deposit portfolio subject matter expert (SME) to ensure structured data is available for day-to-day use and for customized solutions / projects Support financial mapping construction with Finance for new deposit initiatives and reconcile internal reporting to Finance for problem solving analysis
• Contribute to GTB's deposit revenue through value-added portfolio analytic insights Support the performance of the deposit portfolio, evaluating profitability including interest expense governance Providing analytical production support, quantifying, evaluating profitability and documenting the effects of various initiatives Apply different analytical techniques to answer key business questions (e.

g. stress testing, cannibalization, behavioural analysis, regressive and parallel analysis) Analysis of deposit data / MIS analytics to drive enhancements through analyzing pricing parameters and portfolio trending

• Support and document existing / new Funds Transfer Pricing (FTP) methodologies Manage application of FTP in conjunction with Group Treasury for existing / new products including incorporating new processes Analysis and reasonability review of proposals prior to being implemented Measure Net Interest Income and Net Interest Margin implications at the business line level, product level and client level as it relates to FTP and the underlying business strategies Communicate insights that would impact the profitability at the GTB / business line level, product level and client level
• Maintain strong relationships for Portfolio Management team across the organization Establish a strategic network that can benefit the deposit objectives of GTB and the Business Lines Seek and proactively build partnerships with key stakeholders;

Systems & Technology, Group Treasury, Business Lines, Sales, Operations, Risk / Compliance, and Product Generate opportunities to collaborate with other parts of the Bank to achieve results that would otherwise not be attainable Collaborate with internal stakeholders / partners on strategic and / or tactical deposit initiatives in support of their business objectives

• Other duties as assigned supporting ad-hoc assignments or special projects from Senior Management as applicable. Contribute to GTB and Business Line partners by delivering a high standard of customer service to Management, other groups and support departments, countries and external partners.
• Performs day-to-day activities in a manner consistent with the Bank’s risk culture and the relevant risk appetite statement and limits.
• Supports an environment that pursues effective and efficient operations in accordance with Scotiabank’s Values, and its Code of Conduct, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML / ATF / sanctions and conduct risk.
• Champions a high performance environment and contributes to an inclusive work environment

What You'll Bring :

• Undergraduate or graduate degree in Business or quantitative discipline (e.g. financial analysis, accounting and / or risk concepts, engineering, mathematics, statistics, etc.)
• 7+ years' experience in financial industry with familiarity with non-personal deposit products, transfer pricing, margin analysis, liquidity risk and performance management
• Solid track record of seeing beyond the numbers to the effects on the business
• Comprehensive understanding of multiple, complex data sources across the Bank
• Experience with data technology and end user development
• Experience with Statutory and Management reporting
• Strong analytical capabilities, verbal and written communication skills, and organizational skills
• Polished interpersonal skills able to establish rapport and develop working relationships with staff across a broad range of functional areas, job levels, and cultures.
• The incumbent must have thorough knowledge of the financial services industry including regulatory trends and economic conditions as they relate to deposits and funding.

LI-Hybrid

Interested?

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

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.