Assistant Manager, OTC Confirmations

6 months ago

Toronto, Canada Scotiabank Full time

Requisition 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. 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

**Overview/Purpose**

The Assistant Manager, OTC Confirmations, is responsible for maintaining controls, resolving confirmation issues, coordinating legal reviews, drafting and approving FX Options and Commodity trade confirmations, and contributing to the department's continuous improvement of processes and controls. In addition, the Assistant Manager is to provide support to the management’s strategies and goals.

**What You'll Do**:
1. Ensure risk inherent in the trade confirmation process is identified, understood, monitored, and controlled. This includes:

- Ensure all trades are recognized by trade counterparties, economic terms of all transactions are matched on, and all breaks are identified, reported, and resolved
- Generate, review, and execute trade confirmations in accordance with Bank policy
- Ensure the Bank is reconciled with external electronic trade execution and affirmation/confirmation platforms
- Train staff to minimize errors and maximize quality and adherence to regulations, policies and standards
- Escalate and resolve issues
- Investigate issues such that root causes are identified and appropriate actions are taken to prevent recurrence
- Assign and prioritize work, while balancing the workload and dynamically shifting cross trained staff to minimize risk and ensure consistent high quality customer service
- Review control/KPI/KRI reports circulated to management and the business to highlight risk and drive issue resolution

2. Ensure a high degree of processing accuracy, customer service, and operational efficiency:

- Maximize STP rates and the use of automation to ensure controlled efficient operations
- Identify and implement opportunities for improvement in controls, customer service, productivity, and cost effectiveness
- Understand customer needs and maintain customer service standards
- Develop and maintain relationships with customers, at both the operations staff and management levels, allowing for effective escalations and issue resolution
- Ensure customer issues are identified, reported, and escalated, and resolution is coordinated with internal stakeholders and the relationship owners

3. Ensure delivery of high quality of customer service by:

- Ensure customer needs are understood and met
- Develop and maintain relationships with customers
- Ensure customer issues are identified, reported, escalated, and resolution is coordinated with internal stakeholders and relationship owners
- Ensure high levels of operational efficiency and quality

**What You’ll Bring**:

- Expert knowledge of FX Options and Commodity ISDA trade confirmations
- Passion for customer service
- Driven to improve efficiency and controls
- Excellent interpersonal and communication skills
- Strong partnership and teamwork
- Ability to prioritize and multitask effectively
- Accurate and detail oriented with an analytical mind and the ability to detect, articulate, and effectively escalate and resolve issues
- Strong computer, data analytics, and process re-engineering skills
- Business/Finance, Law or Engineering University Degree, or a related educational background

**Work Arrangement**:
**Interested?**

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s 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)

  • Assistant Manager

    6 months ago

    Toronto, Canada Scotiabank Full time

    Requisition 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...

  • Manager - OTC Confirmations

    6 months ago

    Toronto, Canada Scotiabank Full time

    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....

  • Analyst - Confirmations, OTC Confirmations (Gwo)

    3 months ago

    Toronto, Canada Scotiabank Full time

    Requisition 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 time

    Requisition 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 time

    Requisition 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) (BPTN event)

    2 months ago

    Toronto, Canada Scotiabank Full time

       Requisition 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 Confirmations and Client Liaison

    6 months ago

    Toronto, Canada CIBC Full time

    We’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...

  • Consultant, OTC Derivatives Documentation

    3 days ago

    Toronto, Canada CIBC Full time

    We’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 time

    About 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 time

    Astra 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 time

    100 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...

  • OTC Manager

    6 months ago

    Toronto, Canada Labatt Breweries Canada Full time

    Dreaming 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...

  • 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...

  • Assistant Manager Opportunities in Global Wholesale

    6 months ago

    Toronto, Canada Scotiabank Full time

    Requisition 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 time

    Requisition 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...

  • Assistant Manager, Confirmations

    6 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 188197 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Assistant Manager, Confirmations (GWO) - Exchange Traded Derivatives (Toronto, ON)** **Global Banking and Markets**: Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a...

  • Trade Confirmation Operations Specialist

    4 weeks ago

    Toronto, Ontario, Canada Randstad Canada Full time

    We are seeking a highly skilled Trade Confirmation Operations Specialist to join our team in Toronto. In this role, you will contribute to the day-to-day process of Trade Confirmations and deliver high-quality documents efficiently.About the RoleAs a Trade Confirmation Operations Specialist, you will be responsible for following up with internal and external...

  • Pharmacy Assistant

    6 months ago

    Toronto, Canada R WELLNESS Full time

    Key responsibilities for our Pharmacy Assistants include: - Patient greeting and confirmation of accuracy of all pertinent prescription information prior to filling - Data entry of patient care information into Propel Rx - Accurate dispensing of prescription medications - Maintenance of pharmacy stock through inventory control systems - General OTC...

  • Full Time Pharmacy Assistant

    6 months ago

    Toronto, Canada Swansea village Pharmasave Full time

    Full Time Pharmacy Assistant Required. Bloor west Village. Next to Jane subway station.Kroll software is a must. - Patient greeting and confirmation of accuracy of all pertinent prescription information prior to filling. - Data entry of patient care information into Kroll Software. - Third Party adjudication. - Accurate dispensing of prescription...

  • Senior Analyst, Investment Management

    1 month ago

    Old Toronto, Canada CPP Investments Full time

    p>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...