Senior Securities Operations Leader

1 week ago


Old Toronto, Canada Scotiabank Full time
Director - Security Settlements (GWO)

Estimated Salary: $120,000 - $180,000 per annum

The Director of Securities Clearing is a critical leadership role within Global Wholesale Operations at Scotiabank. This position oversees the strategic management of Securities Clearing operations to ensure alignment with business priorities and operational excellence.

Key Responsibilities:
  • Strategic Collaboration and Gap Analysis
    • Collaborate with senior management to understand business plans and priorities
    • Assess current Securities Clearing capabilities
    • Identify and drive resolution of material capability gaps
    • Provide specialized operational processing insights
  • Complex Project Management
    • Direct multi-faceted projects across geographic locations
    • Coordinate with internal departments and external service providers
    • Implement new processes, systems solutions, and controls
  • Global Securities Clearing Process and Policy Direction
    • Influence and direct Securities Clearing processes across NY, London, and Singapore
    • Support multiple business lines including Fixed Income, Global Equities, Derivatives, and Prime Services
    • Ensure global operational efficiency and compliance with regulations
  • Staff Management and Development
    • Manage and develop subordinate staff
    • Ensure efficient operations and objective attainment
  • Operational Efficiency and Continuous Improvement
    • Develop and execute strategies to enhance productivity and cost-effectiveness
    • Manage operational problem resolution
    • Stay informed about industry and internal initiatives
    • Participate in training, planning sessions, and industry committees
  • Industry Representation
    • Represent Scotiabank in industry committees and working groups
    • Collect and report industry developments
    • Advocate for Scotiabank's interests and resolve key risk issues
Requirements:
  • Bachelor's degree in business, Finance, or related field (preferred)
  • Minimum 10 years senior management experience in securities, banking, or financial services
  • Expertise in securities clearing, settlements, and operations
  • Experience in coaching and performance management
  • Advanced analytical and problem-solving skills
  • Banking operational and compliance policies
  • Industry standards and infrastructure regulations
  • Multi-depository and multi-time zone operations
  • Proficient in banking systems and technology platforms
  • Strategic thinking and change management capabilities


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