Title:  Accounting Officer, Contracts & Options Clearing

Requisition ID: 205962

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

As an Accounting Officer, P&S Edit and Trade Corrections, Contracts and Derivatives clearing you will be responsible for contributing to the overall success of the Contracts and Derivatives clearing Department in Canada / Toronto ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. You will ensure all activities conducted are in compliance with governing regulations, internal policies and procedures and that all Scotia (Equity and Debt) Direct Participant (DP), CBID (Bond Dealer) Trades are processed and reconciled daily. You will also be responsible to ensure that CDMS (Contracts Department Monitoring System) Firm Balancing is completed accurately and in a timely manner. You will process rejected trades on the P&S Edit, process Trade Correction requests (across all Business Lines) ensuring all requests are processed in a timely manner.  Finally you will work as part of a team providing backup and support for all functions within the Contracts Department.

Is this role right for you? In this role you will:

• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
• Perform the following functions on a daily basis
• Monitor and address Scotia DP Equity and Debt trades differences ensuring requirements are met
• Ensure all Bond Dealer trades are matched
• Balance CDMS and make appropriate adjustments 
• Review P&S Edit trades, relay information and process required entries 
• Monitor all extended settlement trades to ensure all trades are validated
• Resolve any issues as discovered on reconciliation report
• Process Trade Correction amendments or cancellation requests across all Business Lines 
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions
• Actively pursue effective and efficient operations of their 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 
• Champion a high performance environment and contributes to an inclusive work environment 

The Must Haves:

• Knowledge of Broadridge systems (HOD, OnDemand, CDS, webpost)
• Knowledge of Microsoft office in particular Excel
• The ability to provide reliable and timely responses professionally to direct inquiries
• Knowledge of Brokerage industry particularly related to trade processing, balancing and security codes
• Effective communication and organizational skills

Location(s):  Canada : Ontario : Toronto 

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.