Title:  Director - Derivative Settlement (GWO)

Requisition ID: 246861

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

The Role:

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

• Lead and manage the Exchange Traded Derivative Operations team, ensuring efficient, risk-aware, and compliant operations.
• Develop and execute strategic and tactical plans to improve operational efficiency, automation, and standardization.
• Oversee governance, regulatory compliance, and risk management, including AML/ATF and sanctions requirements.
• Build and maintain a high-performing, inclusive team through coaching, succession planning, and talent development.
• Collaborate with internal stakeholders and external clearing partners across Canada, the U.S., Europe, and other regions.
• Drive transformation initiatives and process improvements to adopt industry best practices and enhance client experience.
• Ensure robust supervisory controls, risk reporting, and escalation mechanisms are in place and effective.
• Manage resources and budgets to meet business objectives and regulatory obligations.

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

• Leadership Experience: Minimum 10 years in senior operational management roles within capital markets, with a track record of leading large teams and influencing at the executive level.
• Domain Expertise: Extensive knowledge of Exchange Traded Derivatives, clearing processes, and related regulatory frameworks. Familiarity with derivatives and foreign exchange operations is highly recommended.
• Regulatory & Risk Acumen: Strong understanding of wholesale banking operations, compliance requirements, and risk management principles.
• Strategic Mindset: Ability to design and execute transformation strategies, optimize processes, and implement automation to reduce operational risk.
• Stakeholder Management: Skilled at building relationships with internal executives and external clearing partners across multiple geographies.
• Operational Excellence: Demonstrated success in creating standardized, efficient processes and leveraging data analytics for risk mitigation and performance improvement.
• Change Leadership: Adept at leading through complexity, driving cultural change, and fostering an inclusive, high-performance environment.
• Critical Skills: Exceptional organizational, communication, and decision-making abilities, with strong business acumen and sound judgment.
  
  

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.