Job Information
Scotiabank Assistant Manager , S&C Sustainment & Control (GWO) - Toronto, ON in Toronto, Ontario
Assistant Manager , S&C Sustainment & Control (GWO) - Toronto, ON
Requisition ID: 197716
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Assistant Manager, Sustainment and Control, Settlements & Clearing (GWO) - Toronto, ON
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. Scotiabank’s 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:
The incumbent is part of the Settlements & Clearing team, which is responsible for servicing the Bank’s Capital markets. The team services the Bank’s clients in Canada, the US, the UK, APAC and Latin America.
The incumbent will be responsible for executing Sustainment functions within Settlements & Clearing team by working with our team members and stakeholder groups on the following 4 key mandates: delivery of non-production activities for Settlements & Clearing, such as cash reconciliation exceptions, regulatory reporting, and audit activities, accountable to produce daily operational reports, accountable to ensure cash breaks are properly tagged and cleared, satisfy external/internal audit related activities/ requests and liaise with Finance/Product Control teams for monthly EGL adjustments and reporting.
What you'll do:
Investigate daily cash reconciliation exceptions on TLM to propose matches or identify the analyst servicing the specific loan obligation, assigning them further investigation for a timely resolution.
Using data from multiple sources, prepare and disseminate oversight, regulatory, management and ad-hoc reporting to internal teams and senior management on a daily/weekly/monthly/quarterly basis.
Act as the subject matter expert on behalf of our Settlements & Clearing team stakeholder teams to lead the fulfillment for internal and external audit processes by gathering deal documentation for requested data elements, verifying successful translation into our systems of record, and delivering the results in an accurate and secure manner.
Regularly review and propose optimization opportunities where possible, updating standard operating procedures to accurately reflect modernizations.
Understand and ensure the Bank’s risk appetite and risk culture are considered in day-to-day activities and decisions, escalating as required.
Support an environment in which we pursue effective and efficient operations while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations in accordance with Scotiabank’s Values, its Code of Conduct, and with respect to various risk areas – Operational risk, regulatory/compliance risk, AML/ATF/sanctions risk and Business Conduct governed under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
Contribute to a high-performance environment with a positive inclusive attitude, effective communication, and thoughtful time and organization planning.
Champion a customer focused culture to deepen relationships and leverage broader Bank relationships, systems, and knowledge.
What you'll bring:
Strong knowledge and understanding of capital markets products and operations.
Experience in capital markets.
Experienced in how reconciliations work and driven operational efficiency.
Able to deliver results on time
Minimum of university undergraduate degree in Finance, business-related studies or equivalent
Advance computer skills, particularly MS Office Suite
Must have strong organizational and communication skills
Analytical and detail oriented
Self-motivated problem solver
Work Arrangement:
This position is currently a Hybrid role, with the expectation that you will work in the office. 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’s 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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.