Analyst, Securities Clearing

3 weeks ago

Toronto, Ontario, Canada Scotiabank Full time

Requisition ID: 197533

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

Purpose:

The Analyst plays a key role in management of the specialized securities operations for the Settlements requirements of the Scotia Group. This position, responsible for assisting management in their efforts to coach individuals, coordinate workflows, measure and enhance employee engagement as well as the daily evaluation of team performance. The incumbent is expected to actively encourage the use of the daily huddle as a mechanism to create a shared understanding within the team and provide input in the establishment of benchmarks and targets to facilitate operational efficiency and to create a culture of continuous improvement.

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

  • Execute settlement activities as directed by the manager by: entering or confirming activity in the various depositories on a "value for value" basis, ensure settlement by determining location of required securities and releasing as required and ensuring settlement activity is accurately captured in books and records
  • Perform administrative functions as required including : completing reconciliation activity in a timely and accurate manner, preparing / distributing daily reports AND reconciling cash and securities positions in a timely manner.
  • Participate &/or assist in training / cross-training as required by management
  • Acquire and maintain a thorough knowledge of all related settlement systems and all related operational protocol.
  • Provide customer service consistent with Scotia Service Standards and Complaint Resolution Procedures.

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

  • Knowledge of Securities Settlements
  • Must be conversant and have a strong grasp of principles for the operating / settlement systems used by the unit including: BTS (061&191), Impact, Clearance Pro, Escape, Arrow, Arrow Blotters, CDS, DTC and FED.

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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