Collateral Management Expert

5 days ago


Toronto, Ontario, Canada Scotiabank Full time
About the Role

We are seeking an experienced Collateral Management Expert to join our team in Securities Lending. The successful candidate will be responsible for managing complex collateralized transactions, ensuring compliance with regulatory guidelines, and identifying operational inefficiencies and risks. This is a key role within our team, requiring strong leadership and customer service skills.

Key Responsibilities:

* Manage daily processes for margin calls, settlements, and exposures
* Coordinate root cause problem solving and recommend solutions
* Monitor and ensure compliance with regulatory guidelines
* Identify and address operational inefficiencies and risks
* Provide leadership and customer service to the Collateral Operations team
* Manage fiscal expenses for the team

Requirements:

* Degree in Finance or Accounting preferred
* Prior experience in a leadership capacity
* Expert knowledge of:
   - Securities Lending industry (borrowed, lent, and managed)
   - Collateral operations systems (Global One, Anvil, CDS, DTC)
   - Tri-party platforms
   - Bank policies and regulatory requirements
* Operations background in a Financial Institution preferred
* Ability to:
   - Effectively delegate and coach
   - Adapt to rapidly changing environments
   - Manage complex operational processes

Our Culture:

We value diversity, equity, and inclusion at Scotiabank. Our employees enjoy a dynamic work environment that fosters collaboration, creativity, and innovation. With a strong commitment to community involvement, we support employee-led initiatives and provide opportunities for professional development and growth.

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