Requisition ID: 217428
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose

Lead and oversee the GWO Commodities, Securitization, and Structured Finance Operations Team in Canada, ensuring business strategies, plans, and initiatives are executed in compliance with regulations, policies, and procedures.
Is this role right for you? In this role, you will:

• Drive a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Ensure timely trade confirmations by tracking unmatched transactions and addressing root causes, and manage efficient daily settlement operations.
• Develop and manage department processes and procedures to maintain key controls. Manage relationships with internal stakeholders for project delivery and conflict resolution.
• Reduce client and reputational risk by maintaining team efficiency.
• Promote alignment and consistency in geographic locations and adopt industry best practices.
• Ensure SOPs are in place, regularly reviewed, and updated as needed.
• Escalate issues and report incidents promptly.
• Participate in and coordinate projects and initiatives within the business line or across GWO, aligning with strategic and regulatory objectives.
• Support management efforts to motivate staff, enhance performance, execute training schedules, and assign responsibilities fairly. Conduct ongoing coaching and track performance.
• Consider the Bank's risk appetite and culture in day-to-day activities and decisions.
• Ensure effective operations and adherence to business controls, meeting obligations related to operational risk, regulatory compliance, AML/ATF risk, and conduct risk.
• Build a high-performance environment and implement a people strategy that attracts, retains, develops, and motivates the team, fostering an inclusive work environment and managing succession and development planning.
  

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

• Undergraduate degree in Finance, Accounting, or a related field. Advanced degrees or relevant certifications (e.g., CFA, FRM) are a plus.
• Experience in Capital Markets Operations/Banking preferred.
• Expert knowledge of OTC Commodities ISDA trade confirmation and derivative products.
• Proficiency in financial systems and tools (e.g., Bloomberg, Reuters, Murex).
• Strong technical aptitude, including experience with system automation and improvement (e.g., VBA, macros). Ability to identify and evaluate automation and technology solutions to improve productivity and service delivery.
• Familiarity with regulatory requirements and risk management frameworks.
• Ability to oversee and maintain operational activities, including trade confirmation, settlements, and cash control processes.

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.