Title:  Analyst - Middle Office (Margin, Repo and Prime Services GWO)

Requisition ID: 264956 

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

The Role

We’re looking for an Analyst to support the daily operational activities of global collateral management for securities borrowing and lending across the Scotia Group. You’ll be responsible for executing margin calls, exposure monitoring, settlements, reconciliations, and ensuring accurate collateral coverage across bilateral and triparty arrangements.

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

• Execute daily margin calls, recalls, substitutions, and settlements for securities lending transactions.
• Perform exposure monitoring, collateral valuation, and daily reconciliations across bilateral and triparty agreements.
• Process and validate cash and securities movements across depositories and custodians.
• Investigate and resolve breaks, discrepancies, and exceptions in a timely manner.
• Prepare and update daily exposure reports, dashboards, and operational metrics.
• Monitor workflow queues to ensure deadlines and service level expectations are met.
• Support testing, system enhancements, and process documentation updates.
• Collaborate with internal teams, triparty agents, custodians, and counterparties to resolve operational issues.
• Ensure compliance with internal controls, policies, and regulatory requirements.

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

• Hands on experience with collateral workflows, margining, and exposure reconciliation (bilateral & triparty).
• Understanding of securities lending operations and collateralization practices.
• Experience with platforms such as Pirum, EquiLend, and SBL systems (Loanet, Gloss, Global One, Loan One, Arrow Paramax, Escape, Anvil).
• Familiarity with triparty agents (BNY Mellon, JPM) and depositories (CDS, DTCC, BNY Fed).
• Working knowledge of U.S. and Canadian regulatory expectations for securities lending and collateral management.
• Strong attention to detail, analytical thinking, and problem solving skills.
• Effective communication skills and the ability to work collaboratively in a fast paced environment.

What’s in it for you?

• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities – for you and our customers.
• A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day. 
• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements. 

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.