Scotiabank

Director, Derivatives Post Trade Technology

Scotiabank • $130K — $180K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
11 - 15 years of experience
2 weeks ago
Job Overview by Ladders

Qualifications

  • 12+ years of technology and capital markets experience in a senior leadership role
  • Strong technical background in post-trade, settlements, or confirmations technology
  • Deep understanding of derivatives lifecycle processing, especially confirmations and settlements
  • Proven experience in delivering large-scale technology programs within a regulated environment
  • Strong vendor management and commercial negotiation skills
  • Excellent business acumen aligned with strategic objectives
  • Demonstrated ability to lead transformation and continuous improvement initiatives

Responsibilities

  • Own the end-to-end technology stack for derivatives confirmations and settlements
  • Provide strategic leadership for post-trade processing of various derivatives
  • Drive modernization initiatives emphasizing automation and risk reduction
  • Ensure 24x7 production stability for critical derivatives technology platforms
  • Lead delivery of significant technology programs with varying annual budgets
  • Manage complex regulatory initiatives relevant to post-trade processing
  • Partner with stakeholders to translate business needs into technology roadmaps

Benefits

  • Diversity, Equity, Inclusion & Allyship initiatives fostering an inclusive culture
  • Accessibility and Workplace Accommodations to support diverse employees
  • Upskilling opportunities through online courses and tuition assistance
  • Competitive Rewards program with early benefits access
  • Opportunities for community engagement and belonging
Full Job Description
Requisition ID: 260446

The Role

The Director, Derivatives Post-Trade Technology is responsible for the strategic direction, leadership, and oversight of global Derivatives Post-Trade Technology with primary accountability for Confirmations, Settlements, and post trade lifecycle processing across OTC and listed derivatives.

This role drives modernization of the derivatives post-trade technology landscape, partnering closely with Global Wholesale Operations, Risk, Finance, Legal, and regional Technology teams. The incumbent will define and execute a technology strategy that reduces operational and settlement risk, improves straight-through processing, enhances regulatory compliance, and delivers measurable business value.

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

  • Own the end- to - end technology stack supporting derivatives confirmations and settlements , including trade confirmation, matching, affirmation, settlement instruction generation, and exception management.
  • Provide strategic leadership for post-trade processing across OTC and exchange-traded derivatives, including rates, FX, credit, and equity derivatives.
  • Drive modernization initiatives focused on automation, straight-through processing (STP), resiliency, and reduction of manual controls and operational risk.
  • Ensure 24x7 production stability for critical derivatives post-trade platforms with global follow-the-sun support.
  • Lead delivery of medium to large technology programs with annual IT spend typically ranging from $2MM to $15MM.
  • Manage complex regulatory and industry-driven initiatives (e.g., T+1/T+0 settlement impacts, margin and settlement alignment, recordkeeping and audit requirements).
  • Partner with Operations and business stakeholders to translate derivatives post-trade requirements into actionable technology roadmaps and executable delivery plans.
  • Own and manage vendor relationships across the derivatives post-trade ecosystem (e.g., confirmation, matching, settlement, and messaging platforms).
  • Apply modern engineering and delivery practices including Agile, DevOps, CI/CD, cloud-adjacent architectures, and automation frameworks.
  • Ensure adherence to enterprise architecture standards, information security policies, and data governance requirements.
  • Act as the primary technology interface between derivatives Operations, Product Control, Risk, and other Capital Markets Technology teams.
  • Lead continuous improvement initiatives to strengthen incident management, root-cause analysis, and knowledge transfer for production issues.
  • Communicate technology strategy, risk posture, and delivery status effectively to senior technology and business leadership.
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Creates an environment in which their team pursues effective and efficient operations of their 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.
  • Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vision/values/business strategy; and, managing succession and development planning for the team.


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

  • 12+ years of technology and capital markets experience, with senior leadership accountability.
  • Strong technical background in post-trade, settlements, or confirmations technology.
  • Deep understanding of derivatives lifecycle processing, particularly confirmations, settlements, and exception management.
  • Proven experience delivering large-scale, complex technology programs in a regulated environment.
  • Strong vendor management and commercial negotiation experience.
  • Excellent business acumen and ability to align technology delivery to strategic and financial objectives.
  • Demonstrated ability to lead transformation, continuous improvement, and operational resilience initiatives.
  • Exceptional communication skills with the ability to engage executive leadership and senior business stakeholders.


What's in it for you?

  • 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 employee 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 each 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.
  • Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
  • Competitive Rewards program including bonus, flexible vacation, personal, sick days, and benefits will start on day one.
  • Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs.


#LI-Hybrid

Location(s): Canada : Ontario : Toronto

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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