Requisition ID: 184736
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Position: Assistant Manager Opportunities in Global Wholesale Operations (GWO)
Locations: Toronto, ON (Hybrid Work Model)
Who Are We
Global Banking and Markets provides a full range of credit, risk management and investment banking products and services relevant to the financing and strategic development needs of our clients. Our products include investment banking, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, debt products, derivatives, foreign currencies and commodities. We also cross-sell the full range of wholesale products and services offered by Scotiabank.
Your GWO Experience:
As an Assistant Manager in Global Wholesale Operations, you will ensure the operational efficiency and economy of the unit is maintained in accordance with established policies and procedures as well as developing staff to ensure a high level of productivity and high calibre employees. We empower our team to ensure Scotiabank remains efficient, effective, and innovative. This includes partnering with our businesses to provide strategic guidance, problem solve and answer tough questions. Areas of opportunity include:
- Tax reporting
- Income processing
- Equity Derivatives
- Credit Derivatives
- Prime Services
- Fixed income / commodities
- Asset Services
Confirmations
- Exchange Traded Derivatives
- Confirmations - Securities & Issuance
- Confirmations – OTC
Static Data
- Onboarding delivery – client lifecycle
- Onboarding Reporting & Analytics
- Regulatory Onboarding & Program Sustainment
- Static Data
Settlements & Clearing
- Derivative Settlement
- Collateral Management
- Securities Settlement
Trade Finance Operations
- Analytics & Reporting
- Trade Services
- Supply Chain
Corporate Credit Services
- Corporate Loan Documentation
- Sustainment & Controls
- Deal, Servicing, & Static Data
Operational Control
- Reconciliations (Cash & Securities)
- Regulatory Trade reporting
- Operations Risk & Control
Requirements:
- Bachelor's degree in Finance, Accounting, or related discipline.
- 1-3 years of experience in various business lines including Trade Lifecycle and Trade Finance, OTC products knowledge, Analytical experience, FX, Derivative Products, Security Settlements, Money Market, Collateral, Futures, Finance, Banking, reconciliation, borrowing and lending, accounting.
- A passion and interest in Capital Market / Financial Market space
- Exceptional communication, leadership, organized, able to multi-task, work well under pressure.
- Analytical and problem-solving skills are necessary.
- Experience in Python, Data Analytics and Modeling, VBA, Excel, Power BI, Project experience, ADP, 6 Sigma, Broadridge, ION product, Murex, Xceptor, smart stream products – TLM, gloss and Loan IQ is considered an asset
- Knowledge of WSS application, AML, OFAC Compliance regulations, ICC rules, ISP98, URDG 758 and UCP 600 is considered an asset
- Ability to overcome challenges presented by a constantly changing work environment
Application & Selection Process:
- Candidates are invited to submit a resume in a single PDF to the Resume section only of the online application
- Successful candidates will be selected for opportunities within the Global Wholesale Operations functions based on business needs, candidate skills and interest.
We thank all candidates; however only those candidates selected for an interview will be contacted
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, please click here. 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.