Manager - Corporate Action Voluntary Processing - Toronto, Canada - Scotiabank

Scotiabank

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Requisition ID: 171656

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

Why work for Scotiabank?
Scotiabank is among the largest banks in the world and the most international bank in Canada.

We are powered by our 97,000 high-performing teammates who make a real difference across the globe as a leading provider of advice, products, digital experiences, and financial services.

Together with our Digital Factories around the world, we are dedicated to helping our 25 million customers become better-off.

This is a place where you'll get to learn and develop your skills, while being recognized for your hard work.

At Scotiabank, we're passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy.

Say hello to a career at Scotiabank

Global Banking and Markets

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients.

Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange, and precious & metals.

We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Purpose

Contribute to the overall success of the Asset Services - Corporate Action Voluntary Processing Team ensuring specific individual goals, plans, initiatives are executed/delivered in support of the team's business strategies and objectives.

Ensures all activities conducted follow governing regulations, internal policies, and procedures.

The incumbent will be responsible for overseeing the day-to-day operations of Voluntary Corporate Action event, which include but are not limited to the following activities; ensuring all client instructions have been processed, understanding of each event expiries, the events are processed in a correct and timely manner, the events are processed with the correct tax reporting and ensuring out of balances are reconciled in a timely manner and an action plan to resolve created.

The incumbent will also work closely with the Corporate Action Management Team in the identification, initiation, research, and development of process solutions across the team, with the intent of improving overall operational efficiency/effectiveness while ensuring that compliance, risk and regulatory issues are adhered to.

Accountabilities

Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Champions a highperformance 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. Demonstrate strong leadership and interpersonal skills capable of managing, leading, and coaching/training a team of employees.
Champions a culture of continuous operational improvement by independently resolving highly complex, multifaceted problems to meet the business needs across MO with a specific focus on creating tangible / measurable operational efficiencies. This involves opportunity identification, preparing proposals, defining business requirements and processes, developing, testing, conversion and implementation strategies, developing detailed project plans, monitoring progress against planned objectives, and securing consensus and cooperations from users and senior management.
Performing daily operational activities in support of corporate action voluntary events; managing voluntary event expiries, double checking each file for errors, researching complex events, leading daily team Huddles, approving voluntary payments, approving voluntary election for daily expires, ensuring team has processed all voluntary payments daily, providing oversight on reconciliation items tagged to the Mandatory team and escalating issues immediately.
Documenting SOP's and providing support to the Management team on policy and procedure changes within the team.
Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of daytoday 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

Requirements:

5+ years postgraduate experience in industry or academia in in the areas of capital markets, finance, and banking and/or process improvement, business analysis and solution