Assistant Manager, MCM - Fixed Income Middle Office - Dallas, TX

Title:

Assistant Manager, MCM
- Fixed Income Middle Office
- Dallas, TX

Requisition : 258197

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 candidate’s relevant knowledge, skills, and experience.

Contributes to the overall success of the Fixed Income Middle Office in Dallas and 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.

Allocate Agency MBS trades across GNMA, FNMA, & FHLMC 15yr/30yr coupons.

Trade Capture of Agency MBS TBA’s, RMBS, CMBS, underwriting and secondary trading.

• Facilitate RTTM trade matching, netting, and reporting to FINRA Trace.

Assist the Fixed Income Middle Office team with trade input and capture of Rates, Repo, Corporates, Lat-Am, DCM New Issue Syndicate, CLO & ABS securities.

Assist the FI Middle Office team to submit Treasury bids to the Federal reserve TAAPS system per instructions from Trading Desk and communicate results.

Distribute fail reports and ensure the front office sales and trading teams are aware of all fail positions, follow up on aged items to promote settlement.

Coordinate with external clients to retrieve the trade allocations of block transactions and submit the allocated trades accordingly into the front-end risk capture systems.

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

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

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

Actively pursue effective and efficient operations of his/her respective areas in accordance with Scotiabank’s 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.

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

• 2-3 Year minimum experience of MBS TBA allocations/specified pools.
• Excellent communication and interpersonal skills, including strong written skills.
• FINRA NASD S99 License or ability to obtain.
• Proficiency in MBSE (MBS Expert), Broadridge Impact.

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.