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 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.

About the role

Contributes to the overall success of the Securities Settlements team in NY by ensuring specific individual goals, plans, and initiatives are executed and delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies, and procedures.

Responsibilities

• Leads and drives a customer-focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Oversees and performs quantitative daily, monthly, quarterly, and annual controls, including Cash, Position, Trial Balance Attestation, and Stock Record reconciliations of SCUSA’s books and records.
• Oversees and performs qualitative controls related to New Account Designation, Confirm, and Statements.
• Performs regulatory functions including FINRA extensions and collateral information submissions to the relevant regulator.
• Maintains strong relationships with the desks, operations teams, and other support groups.
• Supports new business initiatives and operational projects as a subject matter expert to enhance, modify, or change systems and processes within the department.
• Facilitates internal and external audits.
• 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.
• Builds and contributes to a high-performance, inclusive work environment by sharing best practices, supporting team members, encouraging coaching and feedback, and demonstrating resilience when addressing challenges or setbacks.
• Takes initiative to develop coaching and feedback capabilities as a subject matter expert and problem solver within the team.

Requirements

• Series 99 certification.
• 5+ years of Possession and Control experience.
• Systems knowledge should include, but is not mandatory: Broadridge BPS (Stock Record, Margin, PCAN, REOR, Div Rewrite), Postedge, DTC.
• Skilled Microsoft Excel user.

Benefits

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