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Analyst - Settlements & Clearing (Contract)

4 months ago

Toronto, Canada Scotiabank Full time

Requisition ID: 161703

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

**Why work for Scotiabank?**

Scotiabank is among the largest banks in the world and the most international bank in Canada. We are powered by our 97,000 high-performing teammates who make a real difference across the globe as a leading provider of advice, products, digital experiences, and financial services. Together with our Digital Factories around the world, we are dedicated to helping our 25 million customers become better-off.

This is a place where you’ll get to learn and develop your skills, while being recognized for your hard work. At Scotiabank, we’re passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy. Say hello to a career at Scotiabank

**Global Banking and Markets**

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange, and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

**Purpose**
- 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

**Accountabilities**
- 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.

**Requirements**:

- The position requires a minimum of 2 years’ experience in service to a complex operational unit with exposure to management or projects.
- Exceptional communication, Interpersonal, time management and organizational skills are required for this role in conjunction with good people skills.

**Working Conditions**

The global securities industry is complex and changes rapidly. The incumbent may face stressful situations due to rapid change, immediate and complex business needs and multiple high priority issues. Due to the Global nature of this area, some statutory holidays will be required to be worked, with appropriate compensation.

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.