Director, Term Funding & Capital Management

Requisition ID: 233827

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 be responsible to support department initiatives with respect to the below, as applicable:

• Issuance and 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 and related program requirements:
  • Perform market research, pricing and analysis to identify execution opportunities
  • Identify execution opportunities
  • Interact with dealers and rating agencies
  • Manage transaction execution, including regulatory requirements, documentation and settlement
  • Manage program renewals (Board approval, regulatory filings) and continuous disclosure requirements
  • Support Quarterly Bank financial statement review (capital and funding programs disclosure) and related due diligence process
  • Document and maintain manual of established processes and controls
  • Monitor usage against shelf limits

• Support diversification of capital and/or wholesale term funding
  • Identify opportunities for new products, markets and/or programs supported by research, analysis and other diligence
  • Obtain internal and external approvals
  • Manage drafting of program documentation and/or amendments to existing documents
  • Liaise with business lines for data if applicable
  • Establish and maintain appropriate processes and policies

• Manage a team responsible for trade booking, internal reporting, analytics and department processes and ensure adherence and sufficiency of these processes, such as:
  • Preparation and update of wholesale term funding plan and/or capital plan
  • Update and maintenance of dealer scorecard, issuance database, etc.
  • Investor reporting for capital and wholesale term funding programs
  • Collateral pool management, in conjunction with product areas, as applicable
  • Maintain deal booking in bank systems, as well calendars and schedules to support department efficiency

• Support the Bank’s Sustainable Bond Program, if applicable:
  • Maintenance and update of the Bank’s Sustainable Issuance Framework
  • Identify opportunities and execute on sustainable bond issuances
  • Oversee sustainable bond portfolio and use of proceeds/reporting requirements

• Support Group Treasury’s Fixed Income Investor Relations, if applicable:
  • 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 meetings in conjunction with Investor Relations and address investor related inquiries

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 preferred
• Ability to manage a high-performing team in a 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.

Please Note: Group Treasury staff are treated as insiders of the Bank and are subject to the Terms and Conditions of the Scotiabank Personal Trading Policy.

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. 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.