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Derivative Settlements Operations Manager

Scotiabank

Lead derivative settlements oversight at Scotiabank in Toronto, applying OTC product knowledge and operational controls within a hybrid arrangement.As Assistant Manager, you will support Derivative Settlements Operations and Settlements and Clearing in Canada. The 12-month contract covers daily settlements, accounting breaks, rate resets, MTM reporting, and control oversight. You will work with clients, counterparties, Sales and Trading, Product Control, Technology, and operations teams.Key Responsibilities:
Complete daily derivative settlements and investigate accounting breaksSend rate reset notifications and complete related tasksProvide accurate analysis to the management teamLead issue resolution and cross-train junior staffIdentify process improvements and mitigate operational risksRequirements:
University Bachelor's DegreeSolid understanding of OTC derivative productsThree to five years in Capital Market OperationsAvailability during core operational hours of 8:30am to 6pmAbility to support global operations on statutory holidaysApply your OTC derivatives expertise, settlements knowledge, and control discipline to Scotiabank’s Toronto operations team.
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Vacancy posted 27 minutes ago
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