Assistant Manager - FXO Operations

Scotiabank•Toronto, ON

1d•Onsite

About The Position

Contributes to the overall success of the GWO Confirmations – OTC Confirmations team globally ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

Requirements

Thorough grasp of all operating systems and applications used by the unit.
In-depth knowledge of all Bank policies, regulatory requirements, limits and controls which may affect or restrict all aspects of the day-to-day responsibilities for the unit.
Including OTC Derivatives: Equities; Credit; Rates; Commodities; FX Options
Main-frame systems supported: K2/PEAK; S1; Murex, SCOTS
Other software applications used Markitwire; DTCC; Xceptor; Confirmation Hub
Demonstrated ability to execute complex initiatives, build alignment with senior stakeholders, and prioritize work based on business value, customer impact, and economic rationale.
Collaborative, high‑EQ leader who influences through reasoning rather than authority, thrives in cross‑functional and cross‑cultural teams, and remains adaptable in fast‑changing or ambiguous environments.
Exceptional communicator skilled at navigating diverse regions and time zones, and building productive relationships across multiple organizational groups.
Detail‑oriented, resilient under pressure, and committed to continuous improvement, consistently advocating for customer‑centric outcomes and creative problem‑solving.

Nice To Haves

Experience with FX Options confirmations, including drafting, validation, and lifecycle management across complex trade structures, considered a strong asset.
Experience with cash reconciliations (investigation, break resolution, control oversight) considered a strong asset.

Responsibilities

Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Ensures timely confirmation of trades by tracking unmatched transactions across the unit & proactively analyzing/addressing root causes.
Provides insight and support to management during planning, organizing and successful implementation of projects affecting the unit’s operations.
Pro-actively supports management efforts to monitor group activity so as to ensure internal control procedures remain effective, are understood and adhered to.
Supports management efforts to motivate staff, increase individual performances, execute a robust training schedule and assign workstation responsibilities fairly.
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, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.
Partner with the Agile Coach and other agile teams to share best practices and mature organizational agility.