Title:  Assistant Manager - OTC Confirmations (GWO)

Requisition ID: 262863 

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

The Role

The Assistant Manager contributes to the success of the GWO Confirmations – OTC Confirmations team by overseeing the timely and accurate confirmation of OTC derivative trades. The role supports day-to-day operations, controls, and process improvements while ensuring compliance with internal policies and regulatory requirements.

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

• Oversee and support the end-to-end confirmation process for OTC derivative trades across multiple asset classes.
• Monitor unmatched or unconfirmed trades, ensuring timely investigation, escalation, and resolution of discrepancies with internal stakeholders and counterparties.
• Review and analyze trade confirmation workflows to identify root causes of breaks and implement corrective actions.
• Perform and oversee daily control checks, reconciliations, and exception management to ensure accuracy and completeness of confirmations.
• Utilize confirmation platforms and internal systems (e.g., DTCC, MarkitWire, Xceptor, or equivalent) to validate and process trade data.
• Support implementation of process improvements, system enhancements, and operational initiatives impacting the confirmations function.
• Monitor adherence to internal controls, policies, and procedures, and escalate issues or control gaps as required.
• Ensure all activities align with regulatory, compliance, and operational risk frameworks.

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

• In-depth knowledge of OTC derivatives products (e.g., FX, rates, credit, equities, commodities) and trade lifecycle processes, particularly confirmations.
• Hands-on experience with OTC trade confirmations, including managing unmatched trades, break investigation, and resolution.
• Strong understanding of confirmation platforms and industry utilities such as DTCC, MarkitWire, Xceptor, or similar systems.
• Knowledge of capital markets operations, including front-to-back trade flows and post-trade processing.
• Experience with reconciliations, exception management, and operational control frameworks within a confirmations environment.
• Understanding of regulatory and compliance requirements impacting trade processing (e.g., operational risk, AML/ATF considerations).
• Experience supporting process improvements, control enhancements, or system-related initiatives within an operations 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.