Manager - Network Management (Custody & Securities Operations)

November 15 2024
Industries Bank, Insurance, Financial services
Categories Bank, Insurance, Financial services, Forensic accounting, Fraud,
Toronto, ON • Full time

Requisition ID: 208377

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

Purpose:

The Network Manager will oversee and manage a network of bank-approved Custodians, Depositories, and Tri[1]Party agents. They will be pivotal in fostering and maintaining strong relationships with these entities to streamline network operations and align them with the bank's business strategies and goals.

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

  • Network Manager serve as the primary relationship point of contact for bank-approved Custodians, Depositories, and Tri-Party agents, supporting strategic business decisions related to new ventures and market expansion.
  • Maintain strong relationships with the Custodians, Depositories, and Tri-Party agents and negotiate terms, and manage contracts to align with our business strategies and ensure seamless workflows.
  • Conduct regular service reviews and assess the performance of Custodians, Depositories, and Tri-Party agents to enhance the quality of service provided to the bank.
  • Collaborate with Legal, Compliance, KYC, and Anti-Money Laundering (AML) departments to ensure new business relationships comply with regional regulatory requirements and Scotia's firm-wide risk and control measures.
  • Facilitate communication between external and internal stakeholders to uphold global operational and regulatory standards.
  • Provide support to Internal and External Auditors in meeting year-end and ad-hoc audit requirements.
  • Provide subject matter expertise on projects requiring Network Management support.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

  • Bachelor's degree in Business or Finance.
  • Prior experience in the Network Management Field preferred.
  • Knowledge of Securities / Collateral management and Capital Markets Operations.
  • Knowledge of custody / cash products.
  • Certifications related to capital markets are an asset.

Work Arrangement: This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business.

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.

Apply now!

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