Analyst, Operations Control Reconciliation

Requisition ID: 168845 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Why work for Scotiabank?** Scotiabank is among the largest banks in the world and the most international bank in Canada. We are powered by our 97,000 high-performing teammates who make a real difference across the globe as a leading provider of advice, products, digital experiences, and financial services. Together with our Digital Factories around the world, we are dedicated to helping our 25 million customers become better-off. This is a place where you’ll get to learn and develop your skills, while being recognized for your hard work. At Scotiabank, we’re passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy. Say hello to a career at Scotiabank **Global Banking and Markets** 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. **Purpose** The Analyst is responsible for the timely and accurate reconciliation of the Bank’s cash accounts held at other Banks and internal Inter Branch Accounts in strict compliance with Bank standards and regulatory requirements. The analyst must be able to identify and escalate potential risk to senior management. They monitor and report daily activity to Senior Management including account balances, business line positions, and Summary of cash breaks to the various business lines on a daily basis. They are required to give a high degree of customer support to internal departments as well as Settlement Operations, Product Control, GTB, Finance and BNS Branches. Analysts must possess very good knowledge of the products and systems relating to the transactions and accounts being reconciled, as they work under very tight deadlines. **Accountabilities** - Supports the execution, implementation, delivery and success all projects internally within the Reconciliation team and in collaboration with other GWO utilities, and our GBM and Wealth Management business partners. - Understanding departmental and client needs while collaborating with our business partners to focus on building strong relationships and encourage positive experiences. - Assist with audit requests, regulatory reporting and ensure that all irregularities / improprieties are escalated promptly. - Provide training, back up and assistance for all new team members. - Ensure accounts on TLM are reviewed and balanced daily - signed by the Manager and filed for audit purposes - Responsible for manually matching items, matching proposed items and ensuring follow-up on outstanding items that are aged - Understand how the Bank’s risk appetite and risk culture should be considered in day-today activities and decisions. - Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk. - Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge. **Requirements**: - 1-3 years of Reconciliation and Accounting Background Experience - Ability to understand business language and translate into technical terminology - Bachelor’s degree in Finance, Accounting or related discipline **Working Conditions** - Hybrid office-home based environment - non-standard hours are a very common occurrence and possible weekend work 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.