Assistant Manager, Post Settlements Investigation (One Year Contract)

Requisition ID: 244724
Employee Referral Program Potential Reward:$1000.00

We are committed to investing in our employees and helping you continue your career at Scotiabank.

Purpose:

Contributes to the overall success of Post Settlements Investigations in Canada ensuring specific individual goals plans initiatives are executed / delivered in support of the teams business strategies and objectives. Ensures all activities conducted follow governing regulations internal policies and procedures.

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

Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.

Responsible for process and control oversight for completion of day-to-day activities. This includes but is not limited to investigation of daily/monthly/annual cash breaks taking actions / sending correspondence to the relevant teams for corrective actions to resolve breaks.

Solving problems of an unusual nature including identifying the cause and what is required to prevent recurrence

Ability to analyze cross departmental processes which may have created the exception and understand action required to resolve

Develop and maintain excellent working relations with all involved stakeholders - including but not limited to clients counterparties Sales and Trading Product Control Technology other operations areas.

Responsible for providing accurate and informative analysis to the management team as requested.

Responsible for participating and delivering on projects as they relate to the overall Post Settlements Investigation team

Consistently look for process improvements opportunities to maximize efficiencies. Performs other duties as assigned.

Responsible for being the first point of contact for issues within Post Settlements Investigation team; leading by example cross training new and junior staff being a subject matter expert and assist in the oversight of the team as required.

Develop a sound understanding of the products supported/settled. (Cross Currency Swap Single Currency Swap Credit Default Swap Inflation Swap Total Return Swap Forward Rate Agreement Forex FX Options FX Commodity Options Equity Options Loans Deposits Swaption Single Currency Extend Single Currency Call Cap Floor FX Strip).

Responsible for identifying and helping to mitigate any inherent operational risks as they relate to overall team. This includes but is not limited to cross-training and providing coverage on other settlement desks for vacations and unexpected absences; review evaluate and implement new and existing procedures (SOPs).

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

Actively pursues effective and efficient operations of his/her respective areas while ensuring the adequacy adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk regulatory compliance risk AML/ATF risk and conduct risk including but not limited to responsibilities under the Operational Risk Management Framework Regulatory Compliance Risk Management Framework AML/ATF Global Handbook and the Guidelines for Business Conduct.

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

Support any requests for the development of audit and regulatory documentation which may be required on an ad-hoc basis

Do you have the skills that will enable you to succeed in this role Wed love to work with you if you have:

University Bachelors Degree

Solid understanding of OTC Derivative products

3-5 years of experience working in Capital Market Operations

Previous Settlement experience preferred

Work Arrangement:

Hybrid work arrangement between core operational hours 8:30 am - 6:00 pm

Extended standard hours are a common occurrence during peak periods and for purpose of coverage.

Coverage on Statutory holidays to support global operations

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.

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): 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.

Note: All postings in will remain live for a minimum of 5 days.