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Manager, Derivative Hedge Qualifications, Accounting Policy and Procedure

  • Full Time
  • Toronto

Scotiabank

Is this role right for you?

In this role, you will:


  • Collaborate daily with front office and other business lines with their hedging requests. Review eligibility, identify the associated strategy or set up new strategies and complete required documentation.
  • Ongoing monitoring of hedging relationships to ensure they continue to meet the requirements for hedge qualification and have high effectiveness.
  • Ensure all instruments in hedging relationships are active and obtain confirmation of hedged item existence and hedge activity from various business areas monthly.
  • Manage tight month end close by reconciling, analyzing, and communicating the hedge accounting results for various hedging units to Group Treasury and other business partners.
  • Prepare information for the quarterly and annual financial disclosure.

    Also provide support for ad-hoc analysis, and financial reporting.
  • Remain current with emerging industry best practices for hedge qualification through research, and critical reading of articles issued by regulatory bodies and industry associations.
  • Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

  • Self-driven, analytical, and collaborative; problem-solving, time-management and communication skills is required.
  • Solid knowledge of finance and financial products including various derivatives.
  • Post-secondary degree in Finance/Accounting/business with a minimum of 4 years industry experiences. An accounting designation (CPA) or working towards designation is asset.

    A CFA designation is desirable.
  • Knowledge of Peak or system trading system, PeopleSoft EGL, OBI, Excel, Power Point;
  • What’s in it for you?


  • An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
  • We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
  • Your career matters!. You will have access to career development and progression opportunities.
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