Senior Manager, GWO DTC Securities Settlements

Senior Manager, GWO DTC Securities Settlements

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

Purpose:

Contributes to the overall success of the SCUSA Settlements /International Funding / Wire Transfers team in the U.S. 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.

What You'll Do:

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Responsible for daily Settlements for SCUSA/ BNS Houston equity/bond trades, both domestic and international. Also responsible for domestic and international Stock Loan settlements.
• Participant in related operations and business projects connected to the supported business lines. Works on improving internal Scotia systems to identify opportunities for more efficient operational workflows.
• Responsibilities for each include managing trade settlements, regulatory segregation requirements, tri-party settlement workflows, P/S activity, DWAC activity, conversions on ADR/ORD and 144A to REG S transfers, cash wire movements, fail monitoring and reporting, funding and cash Management, position and cash reconciliation review and resolution.
• Key contact for repo and other trading desks (Global Equity Derivatives, Debt Capital Markets, Emerging Markets, Prime Service, Group Treasury) on all matters including day to day operations and new business ventures.
• Face off on all internal/external audits.
• Provides MIS reports to upper management.
• Understand how the Bank's 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, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk.
• Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.

What You'll Bring:

• Education - SIE Exam
• Education - Series 99
• Experience – Equities/Fixed Income Operations / Management Experience
• SIE Exam
• Series 99 or Series 7
• System
  
  Experience:
  
  Systems knowledge should include but not mandatory: DTCC, Euroclear, Clearstream, BNP, HSBC, Citibank, Arrow, Bony, ADP, RTTM,BONY Access Edge, POSTEDGE, Global one, Escape, Escape Seg and ESCAPE Static. Broadridge.

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.