Title:  Director of Prime Services & CMF Technology

Requisition ID: 262420

 Salary Range: 185,400.00 - 310,600.00 

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

The Director of Prime Services & CMF Technology is a senior leadership role responsible for shaping, driving, and executing the technology strategy supporting the Financing business. This individual will oversee the development, implementation, and maintenance of advanced technology solutions to enable trading, risk management, client reporting, and regulatory compliance for prime brokerage, securities lending, and related services. The Director will collaborate closely with business stakeholders, technology teams, and external partners to ensure that technology initiatives align with business objectives and regulatory requirements.

What You’ll Do 

• Lead the technology strategy, architecture, and roadmap for Prime Services & CMF, ensuring alignment with overall business and IT objectives.
• Oversee end-to-end delivery of technology solutions, including trading platforms, risk and margin systems, client portals, and post-trade processing infrastructure.
• Liaise with senior leaders withing Prime Services and CMF and Global Banking and Markets
• Partner with business leads to gather requirements, prioritize initiatives, and deliver innovative solutions that enhance client experience and operational efficiency.
• Manage and mentor a diverse team of developers, engineers, business analysts, and project managers.
• Ensure robust system performance, scalability, security, and compliance with global regulatory standards.
• Drive adoption of emerging technologies (e.g., cloud, AI, automation) to maintain a competitive edge and reduce technical debt.
• Establish and maintain effective vendor and third-party relationships, negotiating contracts and managing service delivery as needed.
• Monitor industry trends and best practices, proactively identifying opportunities for technological innovation and process improvement.
• Develop and manage technology budgets, resource plans, and risk assessments for Prime Services initiatives.

What You’ll Bring 

• Bachelor’s or Master’s degree in Computer Science, Engineering, Finance, or a related field.
• 10+ years of progressive experience in financial services technology, with at least 5 years in a leadership role supporting Prime Services, Prime Brokerage, Collateral Management & Funding or related capital markets technology.
• Proven track record in delivering complex, high-availability systems for trading, risk, and client operations.
• Strong understanding of the Financing business, including securities lending, margin and collateral management, and regulatory reporting.
• Expertise in modern development practices, system integration, cloud computing, and cybersecurity.
• Exceptional leadership, communication, and stakeholder management skills.
• Experience with agile methodologies and a commitment to continuous improvement.
• Ability to operate in a fast-paced, global environment with evolving priorities and regulatory requirements.

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. 

#GBM 

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.

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.