Skills

VBA Microsoft Excel Problem-solving Decision-making Gap Analysis power bi Accounting Mathematics

Job Specifications

Business Analyst - Cash & Liquidity Management

Location Address: Hybrid - Toronto- 4 times/week

Contract Duration: 12 months with high Possibility of extension & conversion to FTE

Business group: Global Cash, Collateral and Intraday Management

Intraday Liquidity Management is a strategic priority for the Bank. The initiative to develop intraday liquidity forecasting will improve Scotiabank broker-dealers' capabilities by aligning with industry practices and complying with regulatory requirements.

The best candidate is someone with experience as a Business BA and a bit of IT.

The incumbent will be responsible for closely collaborating with finance, operations and settlement groups to comprehend the securities settlement process, depository cash flows, and their impact on intraday cash forecasting. The incumbent will work with finance, operations, and settlement teams to understand the securities settlement process, depository cash flows, and their effects on intraday cash forecasting. Responsibilities include documenting the current state, conducting a gap assessment, and developing future state design.

Responsibilities:

*Conduct a comprehensive current state analysis of broker-dealer cash management function and prepare a gap analysis.

*Develop recommendations for the future state of the cash management function.

*Complete a thorough review of the Balance Sheet and General Ledger.

*Identify the sources and uses of cash across various business lines within the entity.

*Perform system analysis and collaborate with data streams to design systematic solutions for cash management.

*Support the implementation of evolving local enhancements in cash and intraday liquidity management processes for relevant entities and business areas.

*Partner with finance and systems teams to identify improvement opportunities in the cash management function.

*Represent the Cash/Intraday Liquidity Management Team on projects and change initiatives by engaging effectively with a broad range of stakeholders.

Must Have Skills:

1) 3-4 years of Business Analyst experience in the banking sector

2) Experience with cash flows related to financial products.

3) In-depth knowledge of nostros, payment flows, and accounting for cash transactions.

4) Advanced proficiency in Microsoft Excel and VBA; hands-on with Power BI.

Nice-To-Have Skills:

1) An MBA, CFA or accounting designation is an asset.

Education:

Degree in Mathematics, Finance & Business, or Engineering.

An MBA, CFA or accounting designation is an asset.

Best VS. Average Candidate:

The ideal candidate should possess strong problem-solving skills and an analytical mindset, with the ability to work with raw data, cleaning, transforming, and analyzing it to map business processes. They should be able to structure and store the refined data in Power BI, enabling the development of dashboards and reports that support data-driven decision-making and operate independently. Also, someone with a good sense of curiosity to provide resolutions faster.

About the Company

Delpath is an Information Technology Consulting, Delivery & Staffing organization. We commission & deliver small to large size Technology Projects in the Greater Toronto Area across diverse business domains. Delpath offers innovative workforce solutions that connects human talent with the brightest businesses in our communities. We know that people matter, and it is what makes or breaks a great organization. We aim to help our clients create a workplace that embraces diversity in all forms. Our teams are our greatest asse... Know more