Director OTC Derivatives Settlements

5 days ago

Toronto ON, Toronto Census Division, ON; Ontario, Canada Scotiabank Full-time

Lead global OTC derivatives settlements at Scotiabank in Toronto, overseeing cash flows, valuations, client servicing, and post-settlement controls. Drive accurate operations worldwide.

As Director, you oversee the operating model supporting OTC derivatives and commodities across GBM and Group Treasury. The role covers end-to-end settlement operations, operational risk, and service delivery. You will guide standardization, control enhancements, and technology-enabled transformation across global regions.

Key Responsibilities:

  • Oversee global OTC derivatives and commodity settlement operations
  • Ensure accurate cashflows, valuations, claims, and specialized payments
  • Lead incident management during system or platform disruptions
  • Drive process standardization, scalability, and global consistency
  • Monitor KPIs and KRIs for performance, risk, and service quality

Requirements:

  • Capital markets operations experience with derivatives settlement expertise
  • Knowledge of OTC derivatives and post-trade settlement flows
  • Experience leading global or multi-region operations teams
  • Experience with operating model transformation and technology implementation
  • Strong operational risk, controls, and regulatory knowledge

Apply your derivatives settlements leadership, control expertise, and transformation experience to Scotiabank’s global Toronto operations.

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