Title:  Manager - Collateral Operations (GWO)

Requisition ID: 220735

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

Purpose
 

The Manager, Agency Lending Control - Collateral Operations, provides global operational support for the Collateral Operations team within the Global Wholesale Operations (GWO) division. This team supports the Bank's global business lines by facilitating complex, high-value collateralized transactions. The role involves significant accounting and risk management responsibilities.
 

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

• Manage Agency Lending reconciliation processes.
• Maintain internal and external Agency Lending networks.
• Ensure efficient, economical operations and a robust control framework.
• Control specialized securities and cash margin settlement risks.
• Communicate and implement changes impacting assigned areas.
• Lead the Agency Lending Control team and foster relationships with key business partners.
• Provide focused customer service and set examples for the team.
• Ensure regulatory compliance and address outstanding problems.
• Measure and improve Key Performance Indicators.
• Coordinate Root Cause Problem Solving and recommend solutions to senior management.
• Support project activities and ensure successful implementation.
• Manage team expenses prudently.
• Ensure service levels meet customer needs according to Scotia Service Standards.
   

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

• Degree in Finance or Accounting preferred
• Operations background in a Financial Institution preferred
• Expert knowledge of:
  • Securities Lending industry (borrowed, lent, and managed)
  • Collateral operations systems (Global One, Anvil, CDS, DTC)
  • Tri-party platforms
  • Bank policies and regulatory requirements
• Strong people management, leadership, and coaching abilities.
• Highly developed analytical and problem-solving skills.
• Strong Microsoft Office skills, notably Excel and Power BI.

Work Arrangement: This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business.

Interested?

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That is why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

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.