Manager, Derivative Settlements (GWO)

Requisition ID: 2166+5

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


Purpose:


Manages GWO Settlements & Clearing for Derivative Settlements; ensuring daily operations, business strategies, projects and initiatives are delivered in compliance with governing regulations, internal policies and procedures as well as working closely with the Senior Manager and/or Director, to provide leadership and ensure business objectives are achieved.


Is this role right for you? In this role, you will:


Manages operational activities for the GWO S&C Derivative Settlements team
Leads and drives a customer focused culture throughout the Derivative Settlements team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Conducts on-going coaching conversations with direct reports and tracks performance throughout the fiscal year
Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment
Manages succession and development planning for the Derivative Settlements team
Plan operational coverage through vacation periods and periods of short-staffing and statutory holidays
Participate in recruiting process for all new hires to the team
Collaborate with peers to identify best practices and controls that can be implemented within the team to achieve success
Apply Root Cause Analysis to identify and recommend solutions to senior management as necessary
Participate at all stages on all relevant technology and regulatory projects/initiatives which may affect the Derivative Settlements team
Ensures significant risk, inherent in assigned operating units is identified, analyzed, understood and controlled. Maintain key controls at acceptable levels

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:


Bachelor’s in Finance or Accounting and an in depth understanding of Capital Markets Operations
Prior People Management experience
Knowledge of Derivative Settlements or FX Confirmations Settlements
Experience in reconciliation of securities

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. 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.