Manager Income Processing, Asset Servicing (18-month contract)
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Job Location:
Monthly Salary:
Posted on:
04-11-2025
Vacancies:
1 Vacancy
Job Summary
Requisition ID: 240651
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
The Role
As a key leader within the Asset Servicing team you will be responsible for overseeing the end-to-end processing of all income events managed by the Income Processing team. You will drive operational excellence mitigate risk and foster a high-performance culture that aligns with the Banks strategic objectives and regulatory standards.
This role is ideal for a people-focused leader with deep expertise in income processing and a passion for continuous improvement.
Is this role right for you In this role you will:
- Drive a customer-focused culture to deepen client relationships and leverage broader Bank capabilities
- Organize prioritize and supervise workflows to maintain high operational efficiency in Income Processing
- Monitor work in progress and provide direction and follow-up as needed
- Check and authorize various components of income transactions and monitor outstanding payments from depositories issuers and financial institutions
- Assist in implementing new processes and systems identifying challenges and pursuing opportunities to improve efficiency
- Solve complex problems by identifying root causes and developing preventative solutions
- Ensure accurate and timely completion of transactions and respond professionally to internal and external inquiries
- Provide technical expertise and specialized assistance related to Income Processing
- Support team development through monthly coaching feedback and training/cross-training initiatives
- Assist in preparing performance appraisals and fostering a high-productivity environment
- Review and sign off on team outputs to manage risk and minimize losses
- Ensure procedural and management controls are followed and escalation procedures are adhered to
- Review control accounts and ensure timely clearing of outstanding items
- Provide cross-functional support during high volumes and special projects
- Perform ad hoc functions and sundry duties as required
- Consider the Banks risk appetite and culture in daily decision-making
- Ensure effective business controls are in place to meet obligations related to operational regulatory AML/ATF and conduct risk
Do you have the skills that will enable you to succeed in this role Wed love to work with you if you have:
- Prior experience in Asset Servicing with a strong focus on Income Processing
- Prior people management experience
- Completion of the Canadian Securities Course (preferred)
- Deep knowledge of income processing stock borrow loan transactions fail trades and market entitlement compensations
- Technical aptitude with experience in SQL VBA Access Excel
- Familiarity with Broadridge systems (ADP Gloss IMPACT) DTC CDS Clearstream BNP Citi HSBC
Whats in it for you
- A rewarding career path with diverse opportunities for professional development
- An organization committed to making a difference in our communities for you and our customers.
- A competitive rewards program including bonus flexible vacation personal and sick days and comprehensive benefits that start on your first day.
- Diversity Equity Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential respected for who they are and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities ethnicity race age ability & veterans.
- Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
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.
Required Experience:
Manager
Key Skills
- Asset Management
- Digitization
- Maintenance Management
- ServiceNow
- Microsoft Excel
- Metadata
- Financial Analysis
- LIHTC
- Property Management
- Remedy
- Contracts
- Taxonomy
About Company
Scotiabank is one of the leading foreign banks serving large national and multinational corporations in the U.S. through its Global Banking and Markets, Global Transaction Banking and Wealth Management business lines.
