Assistant Manager - Toronto, Canada - Scotiabank

Scotiabank

Verified Company

Toronto, Canada

4 days ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Requisition ID: 180168

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

Assistant Manager / GWO Confirmations - Exchange Traded Derivatives

Purpose

Contributes to the overall success of the GWO Confirmations - ETD team globally ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives.

Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

The ETD operations team is responsible for supporting the clearing and settlement of global futures and options on futures traded by the various business lines within Scotiabank.

The main objective is maintaining the official clearing book of record for futures products and supporting the full trade life cycle.

Responsibilities include:

Trade capture and processing
Trade, position, and cash reconciliation
Collateral management

Accountabilities

Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Ensures the team's assigned responsibilities are executed and completed within prescribed deadlines across numerous workstations and engages in root cause analysis to determine if mitigating processes are possible.
Provides insight and support to management during planning, organizing and successful implementation of projects affecting the unit's operations.
Proactively supports management efforts to monitor group activity to ensure internal control procedures remain effective, are understood and adhered to.
Supports management efforts to motivate staff, increase individual performances, execute a robust training schedule and assign workstation responsibilities fairly.
Understand how the Bank's risk appetite and risk culture should be considered in daytoday activities and decisions.
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.
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.

Is this the right role for you?

35 years minimum Exchange Traded Derivatives experience (or similar capital markets asset class) with a global perspective preferred
Knowledge of capital markets' regulatory framework, market practices, and clearing house policies and procedures knowledge of US ETD Regulations a plus
Understanding of accounting principles and practices related to Exchange Traded Derivatives or equivalent asset class
Experience with at least one of the Capital Market major asset platforms from a "Books and Records" perspective
GMI, RISC, XTP, ADP, Broadridge, etc.
Ability to promote and maintain a strong team environment and working relationships within the group and with other partner areas
Demonstration of strong organizational skills in planning, scheduling, and prioritizing one's workload
Strong analytical skills with a proven ability to evaluate options/alternatives and proposing recommendations for complex and multidimensional problems/issues
University degree in finance, economics, or business
CSC Securities coursework / secondary studies completion considered an asset

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.