Assistant Manager, Trade Support Middle Office

Scotiabank•Dallas, TX

About The Position

The Assistant Manager, Trade Support Middle Office contributes to the success of the Middle Office by delivering operational support for trade life-cycle activities and helping execute the team’s business strategies and objectives. The role supports Fixed Income Debt Capital Markets (DCM) activity across investment-grade and high-yield, Latin American, and European issuances, along with U.S. Treasury hedges and structured products. It ensures trades are processed, monitored, reconciled, confirmed, and settled accurately and promptly, while providing client service and support to the DCM Syndicate desk. The position also supports deal coordination and closings, settlement accounting cycles, client queries, fail management, regulatory compliance reporting, and trade-exception management. The incumbent works with underwriting, trading, legal, sales, clients, and other teams to resolve discrepancies and maintain accurate firm books and records. In collaboration with the direct manager, the role contributes to continuous operational improvement, including identifying opportunities, defining requirements and processes, and supporting project planning, testing, implementation, and progress monitoring. All activities must comply with applicable regulations, internal policies, controls, and Scotiabank’s values and risk expectations.

Requirements

Knowledge of or experience in banking or capital-markets operations.
Excellent verbal and written communication skills.
Technical abilities, including knowledge of basic software principles; experience with MS Access and Excel is preferred.
Understanding of operational processes.
Results-oriented, deadline-driven, and self-motivated.
FINRA NASD S99 or other local licensing may be required.

Nice To Haves

One to three years of post-graduate experience in industry or academia in capital markets, finance and banking, process improvement, business analysis, or solution implementation is preferred.
Experience with MS Access and Excel.

Responsibilities

Capture and book Fixed Income DCM trades across investment-grade and high-yield, Latin American, and European issuances, including U.S. Treasury hedges.
Capture and book CLO, ABS, CMBS, and RMBS products.
Submit new-issue CUSIPs to depositories for eligibility and coordinate wires, funding, FINRA TRACE setup, due diligence, DTCC closing calls, and takedowns.
Facilitate timely trade settlement by resolving allocation, trade-detail, and instruction discrepancies with clients.
Support the Debt Capital Markets Syndicate desk and build working relationships with underwriting, trading, and legal teams.
Ensure daily executed trades are accurately entered, confirmed with counterparties, and flow to the firm’s books and records.
Perform front-office-to-back-office system reconciliations to confirm trades flow to the back-office system.
Support syndicate and deal coordination, trade processing and allocations, trade monitoring, reconciliations, deal closings, and 30–90-day final settlement accounting cycles.
Respond to middle-office client-service queries, including fail management, regulatory compliance reporting, and trade-exception management.
Perform daily operational activities supporting business lines, with a focus on trade-life-cycle management, trade processing, and trading-desk support.
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 resolving complex, multifaceted problems across Middle Office.
Identify opportunities, prepare proposals, define business requirements and processes, support development and testing, plan conversion and implementation strategies, develop project plans, monitor progress, and secure cooperation from users and senior management.
Consider the Bank’s risk appetite and risk culture in day-to-day activities and decisions.
Maintain effective operations and day-to-day business controls in accordance with Scotiabank’s values, Code of Conduct, Global Sales Principles, and obligations relating to operational, compliance, AML/ATF, sanctions, and conduct risk.