Assistant Manager, Trade Support Middle Office

Requisition ID: 266339

Salary Range:-

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 Middle Office 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.

The incumbent will be responsible for a broad array of operational duties including but not limited to trade life cycle support trade processing monitoring reconciliation and business line client service tasks.

What Youll Do

Part of a customer focused culture to deepen business line relationships and leverage broader bank relationships systems and knowledge.

Responsible for the trade input and capture of Fixed Income DCM across IG/HY Lat-AM & European issuances and booking UST hedges. Trade capture booking of CLO ABS CMBS and RMBS products

Submit new issue cusips to various depos for eligibility coordinate wires funding Finra Trace setup due diligence DTCC closing call and takedown

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

Support Debt Capital Markets Syndicate desk and develop strong working relationships with the underwriting trading and legal teams

Work with the trading and sales staff to ensure that all trades executed daily are accurately entered confirmed with counterparties and flow to the firms books and records.

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

Support Syndicate/deal coordination trade processing & allocations trade monitoring reconciliations deal closings and 30 -90 final settlement accounting cycles. Support client service middle office queries such as fail management regulatory compliance reporting and trade exceptions management.

Performing daily operational activities in support of business lines with a focus on trade life cycle management trade processing and trading desk support.

Deliver on goals of the Middle Office Strategy as it relates to a Performance Culture. Operates within a high performance environment and team which fosters an inclusive work environment; communicating vision/values/business strategy and managing succession and development planning for the team.

Work with their direct manager on continuous operational improvement and being a part of a team tasked with resolving highly complex multi-faceted problems to meet the business needs across MO with a specific focus on creating tangible / measurable operational efficiencies. This involves opportunity identification preparing proposals defining business requirements and processes developing testing conversion and implementation strategies developing detailed project plans monitoring progress against planned objectives and securing consensus and co-operations from users and senior management.

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 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.

What Youll Bring

1-3 years post-graduate experience in industry or academia in in the areas of capital markets finance and banking and/or process improvement business analysis and solution implementation is preferred.
Knowledge/experience in banking/capital markets operations.
Excellent verbal and written communication skills
Technical abilities including knowledge of basic software principles and experience in (MS Access Excel preferred) and an understanding of operational processes
Result oriented deadline driven self-motivated
FINRA NASD S99 or other local licensing may be required

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.

#Dallas

Location(s): United States : Texas : Dallas

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.

Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race color religion sex sexual orientation gender identity national origin disability veteran status or any other characteristic protected by federal state or local law.