Otc Derivatives Settlements Assistant Manager
Scotiabank
Use OTC derivatives expertise to oversee settlements, controls, and operational risk for Scotiabank’s global markets operations in Toronto.This Assistant Manager supports Derivative Settlements Operations and Settlements and Clearing across Canada. The 12-month contract involves settlement processing, break investigation, rate reset activity, MTM reporting, stakeholder coordination, and project delivery. The role also supports procedures, coverage, issue escalation, and adherence to regulatory and internal requirements.Key Responsibilities:
Oversee daily settlement processes and business controlsInvestigate daily, monthly, and annual accounting breaksMaintain stakeholder relationships across global operationsSupport projects and evaluate existing proceduresProvide team coverage and cross-training as requiredRequirements:
University Bachelor's DegreeSolid understanding of OTC Derivative productsThree to five years of Capital Market Operations experienceUnderstanding of operational and regulatory risk requirementsWillingness to work extended hours during peak periodsBring settlements leadership, OTC product understanding, and risk awareness to Scotiabank’s Derivative Settlements team.
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Oversee daily settlement processes and business controlsInvestigate daily, monthly, and annual accounting breaksMaintain stakeholder relationships across global operationsSupport projects and evaluate existing proceduresProvide team coverage and cross-training as requiredRequirements:
University Bachelor's DegreeSolid understanding of OTC Derivative productsThree to five years of Capital Market Operations experienceUnderstanding of operational and regulatory risk requirementsWillingness to work extended hours during peak periodsBring settlements leadership, OTC product understanding, and risk awareness to Scotiabank’s Derivative Settlements team.
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Vacancy posted 2 hours ago
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