Analyst - Settlements & Clearing (12-month contract)

Scotiabank•Toronto, ON

4d•Onsite

About The Position

As part of the Settlements & Clearing team in Toronto, you will support the accurate and timely processing of securities clearing and settlement activities. This role plays a key part in ensuring operational efficiency, managing risk, and supporting the team’s overall objectives within a fast-paced capital markets environment.

Requirements

Undergraduate degree in Business, Finance, or a related field
Hands-on experience in securities clearing and settlement operations
Strong knowledge of securities products, market infrastructure, and industry standards (custody, clearing, settlements)
Experience investigating breaks, reconciliations, and operational exceptions across trade lifecycle processes
Exposure to upstream/downstream systems impacting settlement workflows
Proven ability to manage high-volume processing in a deadline-driven environment
Experience maintaining and enhancing operational procedures, controls, and documentation

Responsibilities

Manage day-to-day clearing and settlement activities across a range of securities products
Investigate and resolve breaks, exceptions, and operational issues, ensuring timely resolution and root cause identification
Adapt to daily changes impacting retail and trading products and their downstream effects on clearing processes
Maintain and enhance operational procedures, controls, and documentation
Support process improvements and contribute to increased automation and efficiency
Collaborate with internal stakeholders (trading, middle office, technology) to resolve issues and improve workflows
Ensure all activities are conducted in line with regulatory requirements and internal controls