Assistant Manager

Requisition ID: 193891 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** - Responsible for managing and addressing post settlement cash breaks for derivative transactions in a timely manner. - Identifying root cause issues through breaks investigation and implementing changes to operating procedures to increase efficiency and minimize inherent risk to the bank. - Solving complex reconciliation problems, working with IT partners to strengthen matching criteria and reduce manual matching. - Develop and maintain excellent working relations with all involved stakeholders - including but not limited to external clients, Front Office, Product Control, Technology, other GWO areas. - Responsible for providing accurate and informative analysis to the management team as requested. - Responsible for participating and delivering on projects as they relate to the overall Derivative Settlements team. - Support any requests for the development of audit and regulatory documentation which may be required on an ad-hoc basis. - Measurement and improvement of Metrics and Key Risk Indicators including targets and trends. - Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. - Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment, communicating vison/values/business strategy and managing succession and development planning for the team. **What You’ll Bring** - University Bachelor’s degree - Solid understanding of the Derivative products - 5+ years’ experience in Financial Services Operations, Settlements and/or reconciliations - Strong analytical & problem-solving skills **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.