Title:  Portfolio Administrator - Term Position

Requisition ID: 225496

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

The Portfolio Administrator will provide day-day support for middle office functions by ensuring post trade activities are monitored and/or administered in a timely and efficient manner. 

This is an 18-Month term position.

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

• Process operational/administrative transactions related FX, Derivatives, and other financial products within Portfolio Administration
• Ensure any potential risks to the business are addressed, alleviating errors to reduce firm exposure
• Provide daily coverage on the FX desk and assigned tasks
• Ensure account information is accurate in the systems and on all reports via timely reconciliations between system and external data sources
• Participate in the review of processes to improve efficiencies, reduce cost, and mitigate risks
• Participate in the testing and implementation of operational enhancements
• Ensure deadlines are met and appropriate escalations are in place
• Adhere to departmental and company policies and procedures, ensuring compliance
• Assist the Manager/Assistance Manager in onboarding various brokers for trading FX related financial products
• Liaise with Trades and Portfolio Managers to ensure trades are accurately reflected and issues are resolved and mitigated
• Investigate and follow up on inquiries as required
• Collaborate with Compliance, legal, portfolio managers, traders, etc. as required
• Liaise between external counterparties (brokers, custodians, etc.) and internal departments as it relates to portfolio administration activities
• Provide reports and statistical information to management as required
• Perform ad hoc duties as assigned

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

• University degree or college diploma
• Experience and knowledge of the securities & brokerage industry, including Clearing and Settlements market processes and Margin and Collateral processing for Derivative holdings
• Derivative related knowledge/experience
• Experience with Charles River, Simcorp Dimension, TradeNexus, Markit Counterparty Manager is an asset
• Strong analytical, problem-solving and communication skills
• Proficient in MS Office (medium/expert user of Excel, familiar with Access)
• The ability to work in a fast-paced environment with varying transaction volumes dictated by market events, customer demands and seasonal peaks
• Goal oriented and an ability to function independently and in a team environment

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.