Senior Manager, GWO DTC Securities Settlements

About the role

Contributes to the overall success of the SCUSA Settlements / International Funding / Wire Transfers team in the U.S., ensuring specific individual goals, plans, and initiatives are executed 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

• Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Responsible for daily Settlements for SCUSA/ BNS Houston equity/bond trades, both domestic and international. Also responsible for domestic and international Stock Loan settlements.
• Participates in related operations and business projects connected to the supported business lines. Works on improving internal Scotia systems to identify opportunities for more efficient operational workflows.
• Manages trade settlements, regulatory segregation requirements, tri-party settlement workflows, P/S activity, DWAC activity, conversions on ADR/ORD and 144A to REG S transfers, cash wire movements, fail monitoring and reporting, funding and cash Management, position and cash reconciliation review and resolution.
• Key contact for repo and other trading desks (Global Equity Derivatives, Debt Capital Markets, Emerging Markets, Prime Service, Group Treasury) on all matters including day-to-day operations and new business ventures.
• Faces off on all internal/external audits.
• Provides MIS reports to upper management.
• Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Achieves 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 risk, regulatory compliance risk, AML/ATF risk, and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook, and the Guidelines for Business Conduct.
• Champions a high-performance environment and implements a people strategy that attracts, retains, develops, and motivates their team by fostering an inclusive work environment; communicates vision/values/business strategy and manages succession and development planning for the team.

Requirements

• SIE Exam
• Series 99 or Series 7
• System Experience: Systems knowledge should include but not mandatory: DTCC, Euroclear, Clearstream, BNP, HSBC, Citibank, Arrow, Bony, ADP, RTTM, BONY Access Edge, POSTEDGE, Global one, Escape, Escape Seg and ESCAPE Static. Broadridge.

Qualifications

• Education - SIE Exam
• Education - Series 99
• Experience – Equities/Fixed Income Operations / Management Experience
• Education - Series 99 or Series 7
• System Experience: Systems knowledge should include but not mandatory: DTCC, Euroclear, Clearstream, BNP, HSBC, Citibank, Arrow, Bony, ADP, RTTM, BONY Access Edge, POSTEDGE, Global one, Escape, Escape Seg and ESCAPE Static. Broadridge.

Skills

• Customer Focus
• Regulatory Compliance
• Operational Efficiency
• Team Leadership
• Financial Analysis
• Project Management
• Internal Controls
• Business Strategy

Benefits

Not specified

Pay

Not specified

Schedule

Not specified