Manager - OTC Confirmations
6 months ago
Requisition ID: 196991
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
**Global Banking and Markets**
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
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.
Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries We work together to drive ambition for every future
**What You’ll Do**
1. Ensure a high degree of processing accuracy, customer service, operational efficiency, and conformity to Bank policies and external regulations by:
- Train, develop, and supervise staff and the work they perform, ensuring trade booking issues are identified and corrected, and trades are confirmed accurately and correctly in a timely manner.
- Identify and implement opportunities for improvements in controls, customer service, productivity, and cost effectiveness.
- Manage resolution of operational problems, ensuring appropriate action is taken to prevent recurrence.
2. Coordinate management of significant internally and externally initiated change by:
- Define operational and technology requirements, and coordinating with project teams to ensure requirements are met.
3. Ensure risk inherent in the trade confirmation process is identified, understood and controlled. This includes:
- Ensure all trades are recognized by trade counterparties, economic terms of all transactions are affirmed, and all breaks are identified and resolved.
- Generate, review, and execute trade confirmations in accordance with Bank policy and industry standards.
- Review and approve confirmations prior to execution.
- Ensuring the Bank is reconciled with external electronic trade execution and affirmation/confirmation platforms and Central Counterparty Clearing Houses
- Train staff to minimize errors and maximize quality and adherence to policies and standards.
- Escalate and resolve issues.
4. Ensure delivery of high quality of customer service by:
- Develop and maintain relationships with customers, at both the operations staff and management levels.
- Ensure customer issues are identified, reported, escalated, and resolution is coordinated with internal stakeholders and relationship owners.
5. Manage and develop staff to ensure efficient operations, quality of work, attainment of objectives, and a high calibre of employees:
- Set goals, performance expectations and providing on-going performance feedback and coaching.
- Cross train staff to dynamically manage workloads across the operations.
6. Manage the OTC Confirmation Report control framework by:
- ensuring coverage for all reports is always in place.
- ensure Standard Operating Procedures are up to date and in place across the report control framework.
**What You’ll Bring**
- Extensive knowledge of Interest Rate and Equity OTC derivative products, structure of derivative transactions and the finance principles that underlie them.
- Extensive knowledge of ISDA Definitions
- 2-3 years people manager experience, preferably in confirmations department
- Strong computer skills including Microsoft Word and Excel
**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.
-
Assistant Manager
6 months ago
Toronto, Canada Scotiabank Full timeRequisition ID: 200864 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose**: The Assistant Manager, OTC Confirmations, is responsible for maintaining controls, resolving confirmation issues, coordinating legal reviews, drafting and approving OTC Equity and Interest Rate derivatives’ ISDA trade...
-
Analyst - Confirmations, OTC Confirmations (Gwo)
3 months ago
Toronto, Canada Scotiabank Full timeRequisition ID: 207727 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose**: Contributes to the overall success of the GWO Confirmations - OTC Confirmations team globally ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business...
-
Analyst - Confirmations, OTC Confirmations (Gwo)
2 months ago
Toronto, Canada Scotiabank Full timeRequisition ID: 208412 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose**: Contributes to the overall success of the GWO Confirmations - OTC Confirmations team globally ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business...
-
Analyst - Confirmations, OTC Confirmations (Gwo)
4 weeks ago
Toronto, Canada Scotiabank Full timeRequisition ID: 208412 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose**: Contributes to the overall success of the GWO Confirmations - OTC Confirmations team globally ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business...
-
Assistant Manager, OTC Confirmations
6 months ago
Toronto, Canada Scotiabank Full timeRequisition ID: 183042 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Global Banking and Markets** Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years....
-
Consultant, OTC Confirmations and Client Liaison
6 months ago
Toronto, Canada CIBC Full timeWe’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are...
-
Toronto, Canada Scotiabank Full timeRequisition ID: 208412Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Purpose:Contributes to the overall success of the GWO Confirmations – OTC Confirmations team globally ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business...
-
Consultant, OTC Derivatives Documentation
3 days ago
Toronto, Canada CIBC Full timeWe’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are...
-
Trade Confirmation Specialist
4 weeks ago
Toronto, Ontario, Canada Scotiabank Full timeAbout ScotiabankWe are a leading bank in the Americas, guided by our purpose: "for every future". Our goal is to help our customers, their families and their communities achieve success through a broad range of advice, products and services.Estimated Salary: $120,000 per year, based on industry standards and location in Toronto, Canada.About the JobThis role...
-
Senior OTC Derivatives Pricing Specialist
4 weeks ago
Toronto, Ontario, Canada Astra North Infoteck Inc. Full timeAstra North Infoteck Inc. is seeking a highly skilled Senior OTC Derivatives Pricing Specialist to join their team.About the RoleThis exciting opportunity is for an experienced professional who has a solid understanding of OTC derivatives pricing, risk management, and financial markets. As a Senior OTC Derivatives Pricing Specialist, you will play a key role...
-
OTC Derivative Confirmations Specialist-3
3 weeks ago
Toronto, Canada BMO Financial Group Full time100 King Street West Toronto Ontario,M5X 1A1 Provides support and delivers specific operational processes to ensure timely and accurate settlement of Security, Derivative, Foreign Exchange and Money Market transactions executed globally, and confirms the activity is accurately recorded in the bank's book of records. Specific operational processes include...
-
Analyste Principal
2 months ago
Toronto, Canada CPP Investments Full time**Description de l'entreprise** Faites votre marque au sein d’un organisme de placement dynamique d’envergure mondiale** Lorsque vous entreprenez une carrière à Investissements RPC, vous vous joignez à l’un des investisseurs institutionnels les plus respectés et dont la croissance est la plus rapide au monde. Riche d’un actif sous gestion dont...
-
OTC Manager
6 months ago
Toronto, Canada Labatt Breweries Canada Full timeDreaming big is in our DNA. It’s who we are as a company. It’s our culture. It’s our heritage. And more than ever, it’s our future. A future where we’re always looking forward. Always serving up new ways to meet life’s moments. A future where we keep dreaming bigger. We look for people with passion, talent, and curiosity, and provide them with...
-
Senior Analyst, Investment Management
1 month ago
Old Toronto, Canada CPP Investments Full timep>Make an impact at a global and dynamic investment organization.When you invest your career in CPP Investments, you join one of the most respected and fastest growing institutional investors in the world. With current assets under management valued in excess of $500 billion, CPP Investments is a professional investment management organization that globally...
-
Analyst, Derivatives Confirmations, Ca
4 months ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** The Derivatives Confirmations Group for Commodities provides in-depth product support for all major commodity areas - from crude oil, natural gas and carbon emissions to metals and agriculture. The primary focus of the role is to provide trade confirmation and static data coverage in order to mitigate legal, economic and operational risk...
-
Analyst, Derivatives Confirmations, Ca
1 month ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** **What is the opportunity?** The Derivatives Confirmations Group for Commodities provides in-depth product support for all major commodity areas - from crude oil, natural gas and carbon emissions to metals and agriculture. The primary focus of the role is to provide trade confirmation and static data coverage in order to mitigate legal,...
-
Assistant Manager Opportunities in Global Wholesale
6 months ago
Toronto, Canada Scotiabank Full timeRequisition ID: 184736 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Position: Assistant Manager Opportunities in Global Wholesale Operations (GWO)** **Locations: Toronto, ON (Hybrid Work Model)** **Who Are We** Global Banking and Markets provides a full range of credit, risk management and...
-
Assistant Manager
6 months ago
Toronto, Canada Scotiabank Full timeRequisition ID: 180168 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Assistant Manager / GWO Confirmations - Exchange Traded Derivatives** **Purpose** Contributes to the overall success of the GWO Confirmations - ETD team globally ensuring specific individual goals, plans, initiatives are...
-
Business Analyst
1 week ago
Toronto, Canada BeachHead Full timeWorking with one of the top financial clients, this role calls for a Business Analyst - Capital Markets - OTC/Trade Valuation who will lead a diverse range of stakeholders and communicate effectively by adapting style and technique to a diverse audience. This candidate will analyze the impacts on customers, stakeholders, employees, processes, and technology...
-
Business Analyst
1 week ago
Toronto, Canada BeachHead Full timeWorking with one of the top financial clients, this role calls for a Business Analyst - Capital Markets - OTC/Trade Valuation who will lead a diverse range of stakeholders and communicate effectively by adapting style and technique to a diverse audience. This candidate will analyze the impacts on customers, stakeholders, employees, processes, and technology...
