Associate Director, Cmf/Prime Services Product Development - Toronto

Requisition ID: 196354
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank's strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

Purpose

The Associate Director, CMF/Prime Services Product Development will contribute to the overall success of the CMF and Prime Services team globally, ensuring specific individual goals, plans and initiatives are delivered in support of the team's business strategies and objectives. They will ensure all activities conducted are in compliance with governing regulations, internal policies and procedures.

What You'll Do:

• Steer and oversee the strategic development of CMF and Prime Service products by gathering requirements and priorities for Prime Service products.
• Oversee the rollout of key business initiatives and product/system improvements across the Margin Financing product suite
• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Understand broader CMF and Prime Service initiatives and work closely with all stakeholders to ensure delivery of the most efficient solutions.
• Collaborate with global PS Desks to deliver on trading automations and improve controls/processes.
• Liaise with all business support groups to ensure their needs are incorporated into strategic business plans
• 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, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Code of Conduct.
• Contributes to a high-performance environment and fosters an inclusive work environment; supporting the vison/values/business strategy for the team.

What You'll Bring:

• Deep knowledge of the margin financing industry with a focus on Fixed Income securities
• Understanding of front, middle and back office functions within the financing infrastructure
• Experience of relevant regulatory environments impacting the industry.
• Prime Services product and client experience
• Process and system knowledge, ideally with prior experience of LoanOne and SwapOne
• Strong excel skills, or other, to support data analysis
• Collaboration with different departments within a bank, including front office facing, supporting teams, and technology, as well as external vendors and FinTechs

Work Arrangement:

This position is currently an On-Site role, with the expectation that you will work three days a week in the office. Please note that this is subject to change based on the needs of the business.

#LI-Onsite

Interested?

If your experience is closely related but doesn't align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That's 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.