Senior Analyst, MCM - Fixed Income Middle Office

Requisition ID: 231353

Salary Range:69400.00-129000.00

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors including but not limited to the successful candidates relevant knowledge skills and experience.

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

Global Banking and Markets

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America operating globally for over 100 years. Scotiabanks strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

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.

Be part of an innovative Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

Purpose

Contributes to the overall success of the Fixed Income Middle Office in New York and globally ensuring specific individual goals plans initiatives are executed / delivered in support of the teams business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations internal policies and procedures.

What Youll Do

• Allocate Agency MBS trades across GNMA FNMA & FHLMC 15yr/30yr coupons

• Trade Capture of Agency MBS TBAs RMBS CMBS underwriting and secondary trading

• Facilitate RTTM trade matching netting and reporting to FINRA Trace

• Assist the Fixed Income Middle Office team with trade input and capture of Rates Repo Corporates Lat-Am DCM New Issue Syndicate CLO & ABS securities.

• Assist the FI Middle Office team to submit Treasury bids to the Federal reserve TAAPS system per instructions from Trading Desk and communicate results.

• Distribute fail reports and ensure the front office sales and trading teams are aware of all fail positions follow up on aged items to promote settlement.

• Coordinate with external clients to retrieve the trade allocations of block transactions and submit the allocated trades accordingly into the front-end risk capture systems.

• Perform front-office to back-office system (FOBO) reconciliations to ensure that all trades entered flow to the back-office system.

• Facilitate the timely settlement of trades by resolving allocation trade detail and instruction discrepancies with clients.

• Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.

• Actively pursue effective and efficient operations of his/her respective areas in accordance with Scotiabanks Values its Code of Conduct and the Global Sales Principles while ensuring the adequacy adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational compliance AML/ATF/sanctions and conduct risk.

• Champion a high-performance environment and contributes to an inclusive work environment.

What Youll Bring

• College degree required: Bachelors Degree
• 2-3 Year minimum of MBS TBA Allocations/specified pools
• Excellent communication and interpersonal skills including strong written skills
• FINRA NASD S99 License or ability to obtain
• Proficiency in MBSE (MBS Expert) Broadridge Impact

Interested

If your experience is closely related but doesnt align perfectly with every qualification we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank every employee is empowered to reach their fullest potential respected for who they are and embraced for their differences. Thats why we work to grow and diversify talent and engage employees in a performance-oriented culture.

Whats 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): United States : New York : New York City

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.