Structured Finance, Analyst - Settlements & Clearing (Gwo)

Requisition ID: 194631
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Structured Finance, Analyst - Settlements & Clearing (GWO)

Global Banking and Markets

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

Purpose

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 objective in compliance with governing regulations, internal policies, and procedures.

What You'll Do:

• 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)
• Process high-value wire transfers accurately and in a timely manner.
• Ensure all daily process such as invoice issuance, fulfilment of sellers' borrowing and paydown requests, commercial paper 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, Swaps). Engage in learning 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.
• Collaborate with colleagues to support GWO daily tasks, projects and initiatives to achieve success.
• Champions a high performance environment and contributes to an inclusive work environment.

What You'll Bring:

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

Work Arrangement:

This position is currently a Hybrid role, with the expectation that you will work two days a week in the office. Please note that this is subject to change based on the needs of the business.
#LI-Hybrid

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.