Requisition ID: 103424Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Team
Global Finance & Risk Technology (GFRT) works in partnership with Finance and Global Risk Management to deliver the insights and technology solutions for analyzing and managing credit, asset/liability, liquidity risk and capital regulatory initiatives.
The Role
The Product Specialist will support the Finance team for Capital Reporting, being a SME who understand the credit and retail risk data and help translate to the risk regulations requirements, participate and provide design and solutions for various RWA optimization initiatives. The person is also a key to support understand and translate management and other Regulatory reports for OSFI.
Some of the Key Accountabilities include:
Work on various initiatives and support the business strategies to help modernize and enhance the Banks Capital Reporting capabilities.
Work with Business lines to understand the RWA optimizations and output floors requirements and provide meaningful recommendations and help with implementation. Champion being a business data steward to help manage the CDE.
Maintain an awareness of emerging trends and best practices in Technology and Solution designs, both within and outside of Scotiabank to ensure we provide best client experience and quick solution for our business partners.
Act as a mentor to team by providing guidance and/or coaching as a SME on Capital Reporting
Develop and provide a range of management reports/metrics, using data to drive decisions, Analyses trends from data & provide value-added solutions to operational problems
What You Will Bring to Succeed
Good understanding and Regulatory Reporting experience in Basel and Credit Risk Regulations, change management over 7+ years.
Strong Business Knowledge of Capital RWA Computation and Calculations. Calculating EAD, PD, LGD and other risk metrics.
Business knowledge of Market Risk, Economic Capital, Capital Planning, Solo, BCAR processes.
Strong diagnostic skills followed by good ability to evaluate options/alternatives and develop solutions/recommendations for solutions to complex and multi-dimensional problems/issues.
Active collaboration with Business stakeholders in facilitating functional, data flow and solution design discussions
Work closely with Business and other IT teams and provide support and direction to various project and steady state related work items
Excellent interpersonal and communication skills (oral, written and presentation) in order to effectively liaise with business users, vendors, other departments and members of project team.
The Workplace
We are technology partners who help the business transform how our employees around the world work
We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!
You’ll get to work with and learn from diverse industry leaders, who have hailed from top technology companies around the world
We foster an environment of innovation and continuous learning
We care about our people, allowing them to design how they work to deliver amazing results
We offer a competitive total rewards package, including a performance bonus, company matching programs (on pension & profit sharing), and generous vacation
Scotiabank
As Canada’s International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. 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.
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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.