Requisition ID: 226127
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose

The Senior Manager – OTC Confirmations manages specialized trade confirmation requirements for GBM, Treasury, and Wealth globally. This role is accountable for compliance, operational risk, expenses, and customer service, and contributes to the strategic direction of the department.

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

• Ensure operational efficiency by maintaining efficient processes, operations, and management controls.
• Monitor transaction volumes and improve operational efficiency through automation and risk reduction.
• Identify, assess, and manage risks in day-to-day operations. Address large value or aged unconfirmed transactions proactively and contribute to a robust management control program.
• Implement and support technology solutions for trade confirmations. Guide User Acceptance Testing and troubleshoot system issues.
• Maintain high levels of customer service as per Scotia Service Standards.
• Foster a customer-focused culture, prioritize activities, and organize staff to meet business objectives.
• Build a high-performance environment and implement a people strategy that attracts, retains, and develops 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:

• In-depth knowledge of team functions, processes, and controls for risk and regulatory compliance.
• Strong understanding of supported products, global depositories, and governing rules and regulations.
• Extensive knowledge of OTC derivative products, transaction structures, and finance principles.
• Extensive knowledge of ISDA Definitions and related templates, with the ability to interpret and apply them to transactions.

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, 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.