Scotiabank

Assistant Manager, Structured Finance/Settlements & Clearing (GWO)

Scotiabank • $80K — $95K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Experience with administering ABCP conduits and securitization structures.
  • Bachelor's Degree or equivalent experience in Capital Markets.

Responsibilities

  • Champion a client-focused culture to enhance client relationships.
  • Develop proficiency with Structured Finance applications like SecureHub and Cash Pro.
  • Execute daily processes including invoice issuance and funding requests accurately.
  • Maintain data integrity and accuracy for reports generated by SecureHUB.
  • Build and maintain relationships with internal and external stakeholders for smooth operations.
  • Provide accurate analysis to management within Settlements & Clearing.
  • Serve as the first point of contact for client escalations.

Benefits

  • Engage with various GBM business groups on KYC/AML topics and client outreach activities.
  • Enhance knowledge of GBM's global products and processes.
  • Build strategic relationships across the bank and globally.
  • Join a dynamic team with strong leadership for personal and career development.
  • Diverse opportunities for professional growth and career advancement.
  • Comprehensive benefits start on the first day, including flexible vacation and sick days.
  • Commitment to diversity, equity, inclusion, and accessibility in the workplace.
Full Job Description
Requisition ID: 271003
Employee Referral Program - Potential Reward: $1,000.00

The Role

Contributes to the overall success of the Structured Finance team within Settlements & Clearing, GWO in Canada, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

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

  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.


  • Develop proficiency with applications used by the Structured Finance team on a daily basis. (SecureHub, SPG, BESS, Cash Pro, ADP, Scotiaconnect)


  • Ensure all daily process such as invoice issuance, fulfilment of sellers' borrowing and paydown requests, CP funding request to traders are properly executed in order to achieve the optimum use of cash for each conduit.


  • Ensure proper control process is followed to maintain the accuracy and integrity of the data feeds generated by SecureHUB.


  • Effectively support, communicate with, and maintain excellent working relations with front office, clients, technology and any other related internal/external stakeholders in order to ensure that all interrelated processes take place in an accurate and timely manner and that any discrepancies are addressed effectively.


  • Responsible for providing accurate and informative analysis to the Settlements & Clearing management


  • Act as the first point of contact to clients for any escalations


  • Consistently look for any opportunities for process improvements to maximize efficiencies.


  • Develop a sound understanding of all Securitization products supported. (ABCP, ABS) And also learn the day to day settlement procedures to provide coverage as needed to cover absences.


  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.


  • Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.


  • Champions a high performance environment and contributes to an inclusive work environment.


  • Supports Global Securitization
  • Core application used is SecureHub
  • Utilizes payment systems: SPG, BESS, Cash Pro, Scotiaconnect


Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
  • Experience with and knowledge in administering ABCP conduits and other securitization structures
  • University Bachelor's Degree or equivalent experience in Capital Markets


Working Conditions
  • Work in a standard office-based or temporary remote environment between core operational hours 8:30am -5pm
  • Overtime may be required during peak periods or high-volume days
  • Coverage on Statutory holidays is required


What's in it for you?
  • Opportunity to engage with various GBM business groups on KYC/AML topics and client outreach activities
  • Opportunity to enhance knowledge of GBM's global product offering, business lines and functional processes, as well as gain exposure to the overall bank
  • Opportunity to build strong strategic relationships across broad partner and stakeholder groups within GBM globally and across the bank
  • Be a key member of a dynamic and engaged team with strong leadership and focused personal and career development support
  • 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

Note: All postings in me@Scotiabank will remain live for a minimum of 5 days.

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
Finance & Insurance
5 Year Trend
+7%
NASDAQ
BNS
* Ladders Estimates

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