Assistant Manager - Collateral Operations (GWO)

Scotiabank•Toronto, ON

1d•Onsite

About The Position

As Assistant Manager, Collateral Operations, you will support the day-to-day execution of global collateral management activities for securities borrowing and lending across the Scotia Group. You will oversee margining, exposure monitoring, settlements, and reconciliations, ensuring accurate and timely delivery while supporting operational oversight and process improvements.

Requirements

Hands-on experience in collateral management, including margining, exposure monitoring, and reconciliations across bilateral and triparty arrangements
Strong understanding of securities lending operations and collateralization practices
Experience with industry platforms such as Pirum, EquiLend, and securities lending systems (Loanet, Gloss, Global One, Loan One, Paramax, Escape, Anvil)
Familiarity with triparty agents and custodians (BNY Mellon, JPMorgan) and depositories (CDS, DTCC, BNY Fed)
Working knowledge of U.S. and Canadian regulatory frameworks related to collateral management and securities lending
Experience reviewing exposure reports, exception reporting, and operational metrics
Technical skills in data and reporting tools such as Python and Power BI
Experience supporting operational workflows, process improvements, and system changes within collateral or securities lending environments

Responsibilities

Support daily collateral workflows across bilateral and triparty arrangements, including margin calls, settlements, exposure monitoring, and reconciliations
Monitor operational activities to ensure deadlines, collateral coverage, and service level expectations are consistently met
Review exception reports, exposure data, and operational metrics to identify discrepancies and risks
Act as an escalation point for operational issues, providing guidance on process execution and resolution
Support workflow coordination, capacity planning, and allocation of daily tasks across the team
Contribute to process improvements, SOP updates, and operational efficiency initiatives
Partner with internal stakeholders, custodians, triparty agents, and counterparties to resolve issues
Ensure adherence to internal controls, collateral guidelines, and U.S./Canadian regulatory requirements
Participate in system enhancements, testing activities, and project initiatives related to collateral operations