Requisition ID: 208296
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose:
Contributes to the overall success of the GWO Confirmations - ETD team globally ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.
The ETD operations team is responsible for supporting the clearing and settlement of global futures and options on futures traded by the various business lines within Scotiabank. The main objective is maintaining the official clearing book of record for futures products and supporting the full trade life cycle.
Responsibilities include:
• Trade capture and processing
• Trade, position, and cash reconciliation
• Collateral management
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.
• Ensures the team's assigned responsibilities are executed and completed within prescribed deadlines across numerous workstations and participates in root cause analysis to determine if mitigating processes are possible.
• Provides flexible support for daily operational workstation coverage across the department and offers feedback to management during workstation design initiatives.
• Understands departments operating model and internal control procedures and provides feedback to management to ensure controls remain relevant and robust.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Champions a high-performance environment and implements a people strategy that attracts, retains, develops, and motivates their team by fostering an inclusive work environment
Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
• 1-2 years minimum Exchange Traded Derivatives experience (or similar capital markets asset class) - with a global perspective preferred
• Knowledge of capital markets' regulatory framework, market practices, and clearing house policies and procedures - knowledge of US ETD Regulations a plus
• Understanding of accounting principles and practices related to Exchange Traded Derivatives - or equivalent asset class
• Experience with at least one of the Capital Market major asset platforms from a "Books and Records" perspective - GMI, RISC, XTP, ADP, Broadridge, etc.
• Knowledge of Derivative Exchange clearing applications such as CME Group's FEC, ICE's ECS/FEC, CDCC TMS & SOLA a plus - or equivalent systems
• Ability to promote and maintain a strong team environment and working relationships within the group and with other partner areas
• Demonstration of strong organizational skills in planning, scheduling, and prioritizing one's workload
• Strong analytical skills with a proven ability to evaluate options/alternatives and proposing recommendations for complex and multi-dimensional problems/issues
• University degree in finance, economics, or business
• CSC Securities coursework / secondary studies completion considered an asset
Work Arrangement: Work in a hybrid office/work from home environment
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.