Analyst, Settlements

2 weeks ago

Old Toronto, Ontario, Canada Scotiabank Full time

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Requisition ID: 200723

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

Analyst, Settlements & Clearing

Purpose:

The primary purposes of the job ensure that Global Banking and Markets' short, mid, and long term business strategies and priorities assigned to GWO are understood and that Securities Clearing has systems, processes, controls, and infrastructure in place to support it. Working closely with the Manager and/or Sr. Manager, Settlement & Clearing the incumbent will provide Securities Clearing support ensuring business objectives are achieved. Ensuring accuracy and process consistency is maintained in order to keep key controls at acceptable levels. Living the performance culture in GBM through effective team support/management practices

Is this role right for you? In this role, you will:

  • Ensure a high degree of operational efficiency, processing accuracy, and conformity to Bank regulations by:
  • Identifying and implementing opportunities for improvements in productivity, control, cost effectiveness, and user/customer relations;
  • Contributing to the resolution of operational problems ensuring appropriate action is taken to prevent recurrence.
  • Providing or participating in training sessions and seminars;
  • Contributing to the preparation of associated manuals, guides and procedures;
  • Ability to deal with daily issues/changes in retail and trading products as they impact Securities Clearing;
  • Understand securities markets, securities types and industry standards for custody, clearing and settlement.

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

  • Ability to maintain processes seamlessly in a rapidly changing environment regarding policies, procedures, automated systems and client needs.
  • Knowledge of Securities Operations' processes, systems, and controls in multiple geographic locations
  • Ability to effectively request assistance
  • Quick reactions in order to respond to situations requiring Senior Management involvement/decisions;
  • Adaptability to constant changes, tight deadline, limited guidance and ambiguous scenarios occurring within Securities Clearing and an ability to effectively support change.
  • Knowledge of systems employed by Securities Operations globally including Broadridge (ADP), GLOSS, ICI-Impact, ION
  • MMI and ANVIL, Canadian Depository for Securities (CDS), Depository Trust Company (DTCC), Paramax – Arrow as well as
  • applications of various Central Securities Depositories and Global Custodians (Clearstream, Euroclear, Bank of New York Mellon,
  • Proven experience in servicing a complex operating unit combined with exposure to Head Office environment;
  • Strong general time management skills that include prioritization, team support, and human relation skills in order to assist management with change and motivation.
  • Adaptability to constant changes occurring within operations and its internal clients.

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.

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