Assistant Manager, GWO Securities Settlements - Regulatory Control

Scotiabank•Dallas, TX

2d•Onsite

About The Position

Contributes to the overall success of the Securities Settlements team in NY by supporting the Manager in the execution and delivery of individual goals, plans and initiatives in alignment with the team’s business strategies and objectives. Ensures assigned activities are completed accurately, timely and in compliance with governing regulations, internal policies and procedures.

Requirements

Series 99
3+ years of Possession and Control, securities settlements or related regulatory control experience.
Proficient Microsoft Excel user.

Nice To Haves

Working systems knowledge should include, but is not mandatory, Broadridge BPS (Stock Record, Margin, PCAN, REOR, Div Rewrite), Postedge and DTC.

Responsibilities

Supports a customer-focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Performs and supports quantitative daily, monthly, quarterly and annual controls, including Cash, Position, Trial Balance Attestation and Stock Record reconciliations of SCUSA’s books and records, escalating issues to the Manager as appropriate.
Performs and supports qualitative controls related to New Account Designation, Confirms and Statements, ensuring exceptions are investigated, documented and escalated as required.
Supports regulatory functions including FINRA extensions and collateral information submissions to the relevant regulator under Manager oversight.
Maintains effective working relationships with the desks, operations teams and other support groups, escalating complex or sensitive matters to the Manager.
Supports new business initiatives and operational projects by providing subject matter input and assisting with enhancements, modifications or changes to systems and processes within the department.
Assists with internal and external audits by preparing requested evidence, supporting walkthroughs and coordinating responses with the Manager.
Applies the Bank’s risk appetite and risk culture in day-to-day activities and decisions.
Pursues effective and efficient operations in accordance with Scotiabank’s Values, Code of Conduct and Global Sales Principles, while ensuring adequate and effective business controls to meet operational, compliance, AML/ATF/sanctions and conduct risk obligations.
Contributes to a high-performance, inclusive work environment by sharing best practices, supporting team members, seeking coaching and feedback, and demonstrating resilience when addressing challenges or setbacks.
Takes initiative to develop technical knowledge, problem-solving skills and control expertise to support day-to-day execution and issue resolution within the team.