Assistant Manager, Trade Support Fixed Income Middle Office

Scotiabank•Dallas, TX

6d•$69,400 - $129,000

About The Position

The Assistant Manager, Trade Support Fixed Income Middle Office contributes to the success of the Middle Office by delivering operational support for the trade lifecycle, including trade processing, monitoring, reconciliation, and client service. The role supports business strategies and objectives while ensuring activities comply with governing regulations, internal policies, and procedures. The position supports Fixed Income Rates, Repo, Corporates, Lat-Am, EM, and Structured Notes. It works closely with trading, sales, counterparties, clients, and internal teams to ensure trades are captured accurately, confirmed, reconciled, and settled. The role also contributes to operational improvements and supports an inclusive, high-performance team culture, with day-to-day attention to the Bank’s risk appetite, controls, values, and conduct standards.

Requirements

Knowledge or experience in banking or capital markets operations.
Excellent verbal and written communication skills.
Technical abilities, including knowledge of basic software principles and operational processes.
Results-oriented, deadline-driven, and self-motivated.
Trade-processing, settlement, and client-confirmation experience.
Ability to work in a fast-paced, high-pressure environment.
FINRA NASD S99 or other local licensing may be required.

Nice To Haves

Preferred: 1–3 years of post-graduate experience in industry or academia in capital markets, finance and banking, process improvement, business analysis, or solution implementation.
Experience with MS Access and Excel is preferred.

Responsibilities

Input and capture trades for Fixed Income Rates, Repo, Corporates, Lat-Am, EM, and Structured Notes.
Work with trading and sales staff to ensure daily trades are entered accurately, confirmed with counterparties, and recorded in the firm’s books and records.
Monitor Treasury announcements and auctions daily and set up the related securities.
Submit Treasury bids to the Federal Reserve TAAPS system according to Trading Desk instructions and communicate results.
Distribute fail reports, ensure front-office sales and trading teams are aware of fail positions, and follow up on aged items to promote settlement.
Coordinate with external clients to retrieve allocations for block transactions and submit allocated trades into front-end risk capture systems.
Perform front-office-to-back-office (FOBO) reconciliations to ensure trades flow to the back-office system.
Resolve allocation, trade-detail, and instruction discrepancies with clients to facilitate timely trade settlement.
Perform daily operational activities supporting business lines, with a focus on trade lifecycle management, processing, and trading desk support.
Support customer-focused relationships and leverage broader bank relationships, systems, and knowledge.
Deliver on Middle Office Strategy goals related to performance culture and contribute to an inclusive, high-performance team environment.
Work with the direct manager on continuous operational improvement and help resolve complex, multifaceted problems across Middle Office.
Identify improvement opportunities; prepare proposals; define business requirements and processes; develop, test, convert, and implement solutions; create project plans; monitor progress; and obtain user and senior-management consensus and cooperation.
Consider the Bank’s risk appetite and risk culture in day-to-day activities and decisions.
Operate efficiently in accordance with Scotiabank’s Values, Code of Conduct, and Global Sales Principles, maintaining effective controls for operational, compliance, AML/ATF/sanctions, and conduct risk obligations.