Title:  Manager, Corporate Action Supervision

Requisition ID: 267109

 Salary Range:  -  

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

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! 

Purpose

Contributes to the overall success of the Securities Settlements team in NY ensuring specific individual goals, plans, initiatives are executed / 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.

What You'll Do

Typical Day in Role:
• Monitor Daily Reorg and Dividend payments and spot check for timeliness and accuracy.
• Check all Voluntary Reorg Summaries on expiration/processing date.
• Compare voluntary expiration spreadsheet vs the Reorg system expiration dates and report any discrepancies.
• Monitor General Ledger and identify out of balances and aged issues. Contact Toronto C/A team for resolution.

• Ensure that the Toronto Corporate Actions/Entitlement team fully adheres to NY’s SLA.
• Research, review and update Broadridge Reorg and Dividend Broadridge B1s for new business requirements and possible improvements of current system processes.

• Maintain strong relationships with the desks, operations teams, and all support groups.
• Investigate each close of business seg deficit and determine type, root cause and owner.

• Supervisor/Four eyed approval of all manual seg movement requests at depositories.

• Seg preventive functions on S/D to determine if shorts have been covered. Work with M/O and desk to resolve which will prevent seg deficits. This would include reviewing the trades that are due to settle on the current day and monitoring the real-time positions at the depots to determine what can be done to avoid a seg deficit the following day.
• Support of operational projects to enhance/modify/change various systems and processes in the department.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to -day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk. 
• Champions a high-performance environment and contributes to an inclusive work environment. 
• Inspires and contributes to building an inclusive, winning team
• Educates and shares best practices and insights to support other team members 
• Actively engages in and seeks proactive, transparent, and ongoing coaching, as well as timely, specific, and constructive feedback to help develop own performance 
• Analyzes own performance (positive and setbacks) and actively seeks feedback from others to integrate into development efforts
• Demonstrates willingness to tackle challenges and learn from them 
• Demonstrates strong leadership by empowering team members to deliver their best work as well as take on stretch opportunities, fostering an open / respectful / positive work culture, and practicing resilience to move forward after challenges and setbacks
• Takes initiative to develop coaching and feedback capabilities with regard to being an SME in the team / problem solver

What You'll Bring

•    Series 99
•    5+ Years Corp Actions/Possession and Control experience. 
•    Systems knowledge should include, but not mandatory, Broadridge BPS (Stock Record, Margin, PCAN,  REOR, Div Rewrite), Postedge, DTC.  
•    Skilled Microsoft Excel User

Interested?
 
If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank! 
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s 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. 
 
#Dallas

Location(s):  United States : Texas : Dallas

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.

Scotiabank is an equal opportunity employer.  We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.