Job Information
Scotiabank Senior Manager - Derivative Settlement Operations (GWO) in Toronto, Ontario
Senior Manager - Derivative Settlement Operations (GWO)
Requisition ID: 201929
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose:
Manages and contributes to the overall success of Derivative Settlement Operations within the Settlement & Confirmation Utility, Global Wholesale Operations, in Canada ensuring specific individual goals, plans and initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted and services delivered are in compliance with governing regulations, internal policies, and procedures.
Is this role right for you? In this role, you will:
Oversees and maintains the Settlement activities and processes originating, conducted by GBM and Group Treasury. Activity supported is conducted by various Front Office Trading & Sales desks located in multiple geographic locations and jurisdictions. Examples of activities include but are not limited to cash-flow settlement, client queries & claims.
Champions and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge while continuing to promote a cross product and entity/business line agnostic working mindset.
Acts as the primary point for escalation on operational concerns that impact the delivery and quality of services to the individual business lines and to their clients. Provides effective incident management support during technology/platform disruptions and outages. Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Identifies and evaluates various automation and technology solutions that improve productivity, cost, service support delivery, capacity, scale, and standardization. Works collaboratively with GWRT to design and build the necessary technology platforms and/or tools. An active participant in appropriate working and governance structures to ensure effective prioritization of operational enhancements and future investments. Ensures strategic alignment and influence in GWO and CSO strategies, leveraging synergies to promote built to last outcomes.
Actively pursues effective and efficient operations of their respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook, and the Guidelines for Business Conduct.
Champions a high-performance environment and implements a people strategy that attracts, retains, develops, and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vison/values/business strategy; and managing succession and development planning for the team.
Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:
University degree with a background in Capital Markets Operations
Derivative product knowledge/experience is an asset
Advance computer skills, particularly MS Office Suite - Excel, Access, Word, and Power Point.
Prior experience managing/leading a team
Work Arrangement: This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business.
Interested?
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That is why we work to grow and diversify talent and engage employees in a performance-oriented culture.
What's in it for you?
Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
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. If you require technical assistance, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.
