Assistant Manager, GWO Securities Settlements - Regulatory Control

Join a purpose-driven, winning team committed to results in an inclusive and high-performing culture within Global Banking and Markets (GBM). 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 clients an important bridge to this key global market for trade and investment flows across the Americas.

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.

About the role

Contributes to the overall success of the Securities Settlements team in NY by supporting the Manager in the execution and delivery of individual goals, plans, and initiatives in alignment with the team’s business strategies and objectives. Ensures assigned activities are completed accurately, timely, and in compliance with governing regulations, internal policies, and procedures.

Responsibilities

• Supports a customer-focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Performs and supports quantitative daily, monthly, quarterly, and annual controls, including Cash, Position, Trial Balance Attestation, and Stock Record reconciliations of SCUSA’s books and records, escalating issues to the Manager as appropriate.
• Performs and supports qualitative controls related to New Account Designation, Confirms and Statements, ensuring exceptions are investigated, documented, and escalated as required.
• Supports regulatory functions including FINRA extensions and collateral information submissions to the relevant regulator under Manager oversight.
• Maintains effective working relationships with the desks, operations teams, and other support groups, escalating complex or sensitive matters to the Manager.
• Supports new business initiatives and operational projects by providing subject matter input and assisting with enhancements, modifications, or changes to systems and processes within the department.
• Assists with internal and external audits by preparing requested evidence, supporting walkthroughs, and coordinating responses with the Manager.
• Applies the Bank’s risk appetite and risk culture in day-to-day activities and decisions.
• Pursues effective and efficient operations in accordance with Scotiabank’s Values, Code of Conduct, and Global Sales Principles, while ensuring adequate and effective business controls to meet operational, compliance, AML/ATF/sanctions, and conduct risk obligations.
• Contributes to a high-performance, inclusive work environment by sharing best practices, supporting team members, seeking coaching and feedback, and demonstrating resilience when addressing challenges or setbacks.
• Takes initiative to develop technical knowledge, problem-solving skills, and control expertise to support day-to-day execution and issue resolution within the team.

Requirements

• Series 99 certification.
• 3+ years of Possession and Control, securities settlements, or related regulatory control experience.
• Working systems knowledge should include, but is not mandatory: Broadridge BPS (Stock Record, Margin, PCAN, REOR, Div Rewrite), Postedge, and DTC.
• Proficient Microsoft Excel user.

If your experience is closely related but doesn’t align perfectly with every qualification, we encourage you to apply—you might be the right candidate for this or other roles at Scotiabank.

Benefits

Scotiabank wants you to bring your best self to work—and life—every day. With a focus on holistic well-being, our flexible benefit programs are designed to support your unique family, financial, physical, mental, and social health needs.

Location: Dallas, Texas, United States