Job Information
Scotiabank Director, Term Funding & Capital in Toronto, Ontario
Director, Term Funding & Capital
Requisition ID: 209410
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Reporting to the Managing Director, Term Funding & Capital Management, the Director will support department initiatives with respect to the:
Issuance of the Bank's capital and/or wholesale term funding
Diversification of the Bank's capital and/or wholesale term funding
Management of the Bank's capital and/or wholesale funding programs
Debt investor marketing of the Bank’s capital and/or wholesale funding programs
Is this role right for you? In this role, you will:
Manage 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 and rating agencies
Transaction execution, including regulatory requirements, documentation and settlement
Support diversification of capital and/or wholesale term funding
Identify opportunities for new products, markets and/or programs supported by analysis, market research and other diligence
Obtain internal and external approvals
Manage drafting of program documentation and/or amendments to existing program documents
Liaise with business lines for data if applicable
Establish processes and policies
Manage 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)
Document and maintain manual of established processes and controls
Monitor usage against shelf limits
Manage a team responsible for booking, internal reporting, analytics and department processes and ensure adherence and sufficiency of these processes
Wholesale term funding plan and/or capital plan
Dealer Scorecard, issuance database
Investor reporting for capital and wholesale term funding programs
Collateral pool management, in conjunction with product areas
Maintain deal booking in bank systems
Maintain calendars and schedules to support department efficiency
Manage the Bank’s Sustainable Bond program
Maintenance and update of the Bank’s Sustainable Bond Framework
Identify opportunities and execute on sustainable bond issuances
Oversee sustainable bond portfolio and use of proceeds/reporting requirements, until such time as this work is transitioned under revised governance process
Manage Group Treasury’s Fixed Income Investor Relations
Prepare annual fixed income investor marketing plan
Support preparation of Bank, Treasury and/or deal-specific marketing materials in conjunction with Investor Relations
Participate in investor meeting in conjunction with Investor Relations
Address investor related inquiries, as needed
Maintain expert-level knowledge of the Bank’s funding vehicles and markets. Thoroughly understand the associated legal, financial, operational, regulatory considerations
Support internal and external control functions (audit, SoX, Operational Risk, compliance, etc.)Support Department Initiatives, including Bank-wide regulatory projects or requirements (eg resolution, playbooks, stress testing)
Effective supervision and review of (in)direct report(s) to support achievement of business objectives
Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with:
Undergraduate or graduate degree in business, finance, mathematics, economics or accounting designation preferred. Non-business degree combined with CFA or accounting designation would be acceptable.
Capital markets experience required
Ability to manage a high-performing team in a sometimes-demanding environment
Strategic influencing skills
Strong analytical and math skills
Strong writing and communication skills
Strong attention to detail is required
Ability to review and understand complex structured transactions and related documentation
What's in it for you?
In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
You'll 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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.