Network Management Specialist

4 weeks ago


Old Toronto, Canada Scotiabank Full time

As a Network Management Specialist at Scotiabank, you will be responsible for overseeing and managing a network of bank-approved Custodians, Depositories, and Tri-Party agents.

Key Responsibilities:
  • Serve as the primary relationship point of contact for bank-approved Custodians, Depositories, and Tri-Party agents.
  • Maintain strong relationships with the Custodians, Depositories, and Tri-Party agents and negotiate terms, and manage contracts to align with our business strategies and ensure seamless workflows.
  • Conduct regular service reviews and assess the performance of Custodians, Depositories, and Tri-Party agents to enhance the quality of service provided to the bank.
  • Collaborate with Legal, Compliance, KYC, and Anti-Money Laundering (AML) departments to ensure new business relationships comply with regional regulatory requirements and Scotia's firm-wide risk and control measures.
  • Facilitate communication between external and internal stakeholders to uphold global operational and regulatory standards.
  • Provide support to Internal and External Auditors in meeting year-end and ad-hoc audit requirements.

Requirements:

  • Bachelor's degree in Business or Finance.
  • Prior experience in the Network Management Field preferred.
  • Knowledge of Securities / Collateral management and Capital Markets Operations.
  • Knowledge of custody / cash products.
  • Certifications related to capital markets are an asset.

Work Arrangement: This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business.



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