Share this Job

Assistant Manager, Global Equities Middle Office

Date: Jan 9, 2019

Location: Toronto, ON, CA

Company: Scotiabank



Requisition ID: 49784


Join the Global Community of Scotiabankers to help customers become better off.

Job Purpose

  • Provide accurate and timely support  to the Global Equity (GE)  trading desk, from an exception management perspective, beginning at the point of trade execution, up until trade settlement.
  • Provide an excellent customer experience for all GE clients by offering  efficient, helpful and timely service
  • Ensure that a robust process of Trade Capture and Control is fully instituted at all times.


Key Accountabilities

  • Involvement in the prompt and and efficient management of exceptions/ outages produced in GE daily trading activity with CDN exchanges and with US brokers
  • Timely and accurately allocating of all GE client trades daily, in order to be in compliance with NI 24-101 regulatory requirement
  • Timely and efficient resolution of all money and position outages in trader average accounts.
  • Learn, understand and be mindful of the nuances in working with various legal entities (Singapore, NY, London) and various desks within GE (ETFs, Latam, Electronic Execution Services, Portfolio Trading)
  • Assist Product Control and traders resolve any outages/exceptions between Fidessa (OMS) and Broadridge
  • Liaise with Trade Floor Supervision (TFS) and trading desk to ensure all hold and error account  position and money outages are accounted for.
  • Facilitate the timely settlement of GE client trades by liasing with clients, their custodians, the trading desk and Settlements & Clearing dept.
  • Actively work with those same contacts to settle any failed trades as soon as possible.
  • Assist clients, traders and sales staff in resolving any issues / queries in the post trade execution space.
  • Take part in the allocating and settling of any Bought Deal or New Issue offerings that the GE desk participates in
  • Work with our colleagues in Product Control, Settlements and Clearing, Corporate Actions, Finance, TFS & Technology to offer solutions to the GE trade desk on any new business initiatives or requirements
  • Provide support to the Commission Sharing/Soft $ program offered to certain GE clients.


Functional Competencies

  • Thorough understanding of Back Office departments like Settlements & Clearing, Corporate Actions, Product Control and their associated processes and procedures
  • Thorough working knowledge of systems which include SS&CNet, CTM, Fidessa CTP, Fidessa CTAC, Alert, Bloomberg and Broadridge
  • Ability to exercise good judgement in determination and escalation of issues involving material risk
  • Ability to work in a fast paced, stressful environment and remain focused
  • Ability to multitask while providing excellent problem resolution
  • Ability to quickly and affectively respond to inquiries with confidence
  • Advanced capability with Microsoft Powerpoint and Excel is an asset
  • Excellent verbal/ written communication, and time management skills with strong attention  to detail
  • Completion of Canadian Securities Course and CPH is an asset

Location(s):  Canada : Ontario : Toronto

As Canada’s International Bank, we are a leader when it comes to inclusion. We are a diverse and global team, speaking more than 100 languages with backgrounds from more than 120 countries. 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. Candidates selected for an interview will be contacted directly.  If you require accommodation during the recruitment and selection process, please let us know. We will work with you to provide as seamless a recruitment experience as possible.

Job Segment: Assistant Manager, Administrative Assistant, Bank, Banking, Equity, Management, Administrative, Finance

Find similar jobs: