Singapore Job Openings

Scotiabank

Intern, Treasury

December 4, 2024

Requisition ID: 211474

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Job Description:
The incumbent will report to the Treasury Department.
As an intern within Treasury, you will be responsible for supporting various activities and gaining relevant exposures:

Accountabilities:

Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment, communicating vison/values/business strategy and managing succession and development planning for the team.
Comply with all MAS and BNS regulations and best practices, including all money laundering and Know Your Customer policies as advised by Compliance / KYC / AML teams.
Operate within all authorized limits across the desk.
Assisting dealers in the execution of the Bank’s liquidity strategy and funding to generate the most cost-effective liquidity on a daily basis.
Change Management Projects:
- Assist in the design, streamlining and mapping of processes to enhance operational efficiency
  - Model updates for LST framework
  - Enhancing the automation of the Liquidity Risk Indicator monitoring file
  - Automation of processes (eg. FTP adjustments for deposits), FTP curve database and dissemination
  - Building out internal cashflow/risk models to capture loan exposures and to enhance/automate management reporting processes
- Assist in building operational efficiency through sharing of best practices.
- Assist in reviewing business end to end process and key controls documentation.
- Provide support in minutes taking when working with key stakeholders to effectively manage issues and crisis during meetings.
- Assist in providing data analysis and reporting when required.
- Any other Ad Hoc duties and projects

Pre-Requisites:

Studying for a degree / major in Finance/Accounting/Business/Economics. Other disciplines will also be considered.
Display strong analytical, presentation, communication, and stakeholder management skills, demonstrated by a capability to synthesize a large amount of information into a clear message.
Strong MS Excel and VBA skills preferred.
You will need to demonstrate teamwork, leadership, and problem-solving skills.
The ability to work in a fast-paced environment, multi-task and interact with a variety of people are also key qualities.
Highly productive, delivers quality results with great attention to detail.
Self-motivated/directed with an ability to take direction from multiple areas

Learning Outcome:

The incumbent will get a good understanding of treasury insights and how this function provide service and support in a bank.
Understand how change management works within the bank in enhancing operational efficiency

Location(s): Singapore : Singapore : Singapore

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.