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Title:  Senior Manager, Fixed Income Product Control (US)

 

 

 

Requisition ID: 151308

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

 

Contributes to the overall success of the New York Product Control department in the U.S. 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. 

 

Act as main liaison to the Front Office and other operating units for daily operational issues, new business initiatives, system enhancements and valuation issues.   Play an active role in ensuring that business goals are aligned and operate efficiently within regional regulatory frameworks and Scotia’s finance, risk control, and governance policies.  Validate pricing of trading securities by utilizing independent valuation sources.  Ensure that daily and month-end accounting entries and reconciliations are validated and performed accurately and completely.  Respond to Front Office, other operational units, and internal and external regulatory reporting for additional requests.   Analyze and assess the impact to existing processes and to streamline activities whenever possible.   Be an active participant in the broader initiatives with the business lines.

 

 

 

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

 

 

 

  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
  • Provide oversight, direction and guidance to staff producing daily P&L and attribution reports for Front Office and financial reporting purposes.  This includes technical conversations with Traders on P&L impact of risk drivers.
  • Ensure agreement of the reported P&L to sub-ledger and general ledger.  Oversee teams managing the month-end accounting process including balance sheet substantiation.
  • Calculate required valuation reserves and perform Independent Price Verification for the NY Fixed Income Business.
  • Address all accounting/general ledger issues and ensure month-end close process is completed.
  • Act as the point of contact for all Front Office queries and issues and effectively monitor, track, and complete tasks in a timely fashion.
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Champions a high-performance environment and implements a people strategy  that attracts, retains, develops, and motivates their team by fostering an inclusive work environment.

 

 


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

 

 

 

  • Experience in a Capital Markets Trading environment with Fixed Income product knowledge.
  • Strong analytical, critical thinking, writing, communication and interpersonal skills.
  • Strong Excel skills required.
  • Prior people management skills
  • 6-10 years of relevant experience
  • B.S. in a quantitative/Accounting/Finance degree. Degrees in other disciplines will be considered provided there is relevant experience.

 

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.


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