Assistant Manager, Collateral Operations

Requisition ID: 196171 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** - Maintain positive working relationships with all stakeholders ensuring all collateral issues (margin calls, settlements, exposures) and from time-to-time, reconciliations, are dealt with professionally and promptly. - Monitoring daily securities lending processes and ensuring timely action and responses are given to issues that arise while ensuring deadlines and collateral coverage is successful. - Provide focused customer service thereby setting examples for the team to follow. - Contribute to the efficient cost effectiveness of the unit’s operation by providing process improvement recommendations. - Assist as a change agent in introducing any systemic changes or enhancements to provide operational efficiencies. - Supervise and be a point of reference for other team members for interpretation, learning and understanding of task and responsibilities regarding collateral management processes and procedures. - Monitoring to ensure appropriate action is taken to address any outstanding problems to meet regulatory guidelines. - Measurement and improvement of Key Performance Indicators including targets and trends. - Coordination of processes to discuss Root Cause Problem Solving identified and the recommendation of solutions to senior management as necessary. - Provide support to the Manager, Sr. Manager and Director for project type activities that require established procedures and ensure successful implementation. - Be responsible for prudent fiscal expense management within the team. - Ensuring that any activity undertaken by the unit in support of the various business lines that could have adverse customer impact is promptly identified and appropriate senior management / business lines are notified accordingly **What You’ll Bring** - 3 years’ experience in a leadership role with experience in coaching and performance appraisals. - Understanding of all regulatory reporting requirements. - Experience within the Securities Lending industry as well as the systems used by the unit including Collateral Operations Systems (Global One, Anvil, CDS, DTC. Tri-Party platforms. - Strong Microsoft Office skills notably Excel, Power BI to be an asset. **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.