Share this Job

Please be advised that our Careers site will be unavailable from November 28 at 12am ET to November 29 12am ET for scheduled system maintenance.

Title:  Associate Director, FICC, US COO




Requisition ID: 154521

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.


Associate Director, U.S. FICC COO

In this role, as U.S. FICC COO, you will play a critical part in successfully executing the US FICC Strategy as presented annually to the US Board; developing and tracking Key Performance Indicators; and proactively identifying and remediating risks. You will be solely accountable for managing day-to-day operations for US FICC, creating efficiencies and reducing noise, so the business can run smoothly and effectively in a well-controlled manner.



Is this role right for you? You will be responsible for:


  • Strategy
    • Driving the annual strategy planning process.  Partner with desk heads and business support partners to drive desk-level plans ultimately presented to US Board and form the basis of the financial planning process.  Ensure regional plans operate within Global GBM strategy
    • Translating high-level strategies into tangible deliverables.  Lead execution including, but not limited to, New Initiatives Approvals, infrastructure development, project funding, and stakeholder management
    • Actively identifying and designing strategic initiatives based on business and market knowledge, presenting business case to multiple stakeholders to gain support
  • Business Management
    • Independently prioritizing and driving cross-functional initiatives, leading virtual teams to define and achieve common goals
    • Championing a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
    • Owning and executing the Business Continuity and Return-to-Work Plan for US FICC businesses
    • Coordinating and ensuring completion of ad-hoc requests from internal and external stakeholders
    • Creating and understanding meaningful, robust business commentary for various recurring Management and Executive Committees, Board meetings, and regulatory forums
  • Regulatory and Controls
    • Strengthening and developing the control environment by promoting an understanding and adherence to the existing governance framework and policies, procedures, and regulations
    • Actively promoting a consistent and unified governance framework for US activities, driving consistencies across businesses
    • Understanding how the Bank’s risk appetite and culture should be considered in day-to-day activities and business decisions
    • Overseeing responses to various regulatory requests, ensuring clarity and accuracy of responses
    • Actively creating efficiencies in the way controls are applied while still operating under a strong controls framework
  • Business Head Support
    • Acting as the right-hand person to Head of US FICC; often acting as delegate in key forums and decisions
    • Developing deep relationships with desk heads to understand strategic priorities, support business activity, and drive performance
    • Acting as ‘ear to the street’, informing business heads of key themes and emerging risks
  • People
    • Actively driving Culture within US FICC and the broader organization
    • Coordinating action plans resulting from Scotia Pulse outcomes
    • Facilitating and streamlining hiring and onboarding processes
    • Championing a high-performance environment and implement a people strategy that attracts, retains, develops and motivates the team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team
  • Financials
    • Supporting the annual planning process, including interlock with Head Office
    • Driving Management Information and commentary enhancements; ensure information is accurate, robust, and meaningful
    • Understanding drivers of business performance, identify and track variances to Plan.  Partner with Finance to develop driver-based forecasting methodologies
    • Reviewing business expenses and allocation methodologies; drive cost management initiatives as required


Do you have the skills you need to succeed? We'd love to work with you, if you have:

  • Knowledge of Fixed Income businesses (required)
  • A strong work ethic
  • A demonstrated ability to independently run major programs using influence to drive virtual teams
  • A strong culture, risk, and controls mindset
  • The ability to be highly proactive and lead with a collaborative approach
  • Strong communication skills; ability to distil key themes from large amounts of information
  • The ability to prioritize amongst many competing deliverables at any given time
  • An aptitude and interest in developing deep relationships with stakeholders across groups
  • Strong MS Office skills - PowerPoint, Excel, Word (preferred)


Location(s):  United States : New York : New York City 

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.  

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

Nearest Major Market: New York City

Job Segment: Business Manager, Investment Banking, Technical Support, Bank, Banking, Finance, Technology, Management