Greater Toronto Area, Canada
Group Treasury Central Office
- Perform quantitative and accounting analysis for derivative structures that are used to manage and hedge interest rate and foreign exchange risks associated with Scotiabank’s capital market and retail products globally - Select or set up hedge strategies based on risk management objectives and scenario analysis and implementation of hedging relationships - Analyze valuation results of a wide variety of derivatives including interest rate swap, cross-currency swap, swaption, cap and floor, and option - Review statistical results in the regression analysis for hedge effectiveness testing; - Prepare ad hoc financial reporting related to hedge to support decision making of senior management with advanced data mining and analysis skills - Review, analyze and resolve complex accounting issues related to hedge in monthly and quarterly reporting - Streamline current working flow by establishing automated procedures with process optimization and control enhancement to reduce reporting risk
-Led the development and implementation of modelling enhancements to improve the effectiveness and efficiency of financial and reporting system -Prioritized and tackled any ongoing modelling matters, provided alternative solutions to business users, made the corrective recommendation, coordinated with RMIT for the fix and led user acceptance testing -Successfully implemented solutions to business problems through clearly defining business requirements and processes of the proposed enhancements, reviewing functional requirements from RMIT, developing detailed project plans, monitoring progress against planned objectives, and securing consensus and co-operation from various project stakeholders
-Analyzed and resolved highly complex and multi-faceted problems in the modelling by applying the knowledge on the valuation of financial products to the design of methodologies, models, and/or systems solutions -Led the business analysis of multiple projects and create effective functional documents for model developments -Participated in the system implementation process by developing test plans and cases, performing testing, defining user procedures and workflows, developing conversion strategies, verifying conversion, providing training, and post-implementation support