Director, Fixed Income Settlements Technology

Scotiabank•Dallas, TX

16h•Onsite

About The Position

Leads and oversees Operations Technology within Capital Markets Technology globally ensuring business strategies, targets and initiatives are executed / delivered in compliance with governing regulations, internal policies, and procedures. The Director, Fixed Income Settlements, as the technology owner, will be responsible for the strategic direction, leadership, and oversight of the Global Fixed Income Technology team in Toronto with a focus on modernization across the portfolio. The role includes developing and implementing the appropriate Fixed Income Operations technology strategy, which mitigates operational risk and delivers value, in collaboration with Global Wholesale Operations stakeholders and regional Technology teams. This individual will ensure business strategies, plans and initiatives are supported in compliance with governing internal standards, policies and procedures as well as regulations in Canada (IIROC, OSC), the U.S. (SEC, FRB NY, NY DFS) and abroad (UK FCA, Singapore MAS etc.) Below are the three key accountabilities for this role. The incumbent will manage all technological aspects of Fixed Income Settlements and Clearing. The incumbent will own and manage the IMPACT portfolio of projects globally and support IMPACT globally for GBM and GT. The incumbent will own and manage the vendor relationships on the Fixed Income Settlements portfolio.

Requirements

Engineering/Development or strong technical background is required
Experience implementing medium and large solutions
Experienced with vendor communication and management
12+ years of IT and business/industry work experience.
Relevant capital markets knowledge and experience (existing systems and new technologies).
Excellent business knowledge and experience (understanding of vision, financial objectives/how business functions and core processes interact/the strategic importance of projects, how they relate to Scotiabank's goals, how projects interact/impact of change and/or delays in projects).
Process knowledge and experience in scheduling, resource allocation, risk management and systems design.
Critical thinking, continuous improvement and transformation in leading the group delivering high performance while aligning to group and Bank’s strategic direction.

Nice To Haves

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

Responsibilities

Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Ensures round the clock production support for Operations applications, managed globally.
Manage medium to large projects with IT spend between $2MM and $15MM.
Applying modern technology to new operational requirements
Be nimble in delivering to business and regulatory deadlines
Implement new practices and frameworks such as Agile, Lean, Design thinking, and DevOps
Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment, currently 75 staff
Communicates the Bank’s risk culture and risk appetite throughout their teams.
Communicates vision/values/business strategy and manages succession and development planning for the team.
Aggregating capacity and demand of the work portfolio
Ensures the timely development and implementation of multiple applications and IT solutions – involving multiple systems, multiple dependencies and multiple stakeholders/business partners – where solutions cross business lines and customer segments, globally
Plans and directs application/technology projects and ongoing support, and leads their teams of Project Managers, Developers and Business Analysts.
Effective communication skills to executive leadership, business leaders and staff
Interprets and implements a continuous improvement process and mindset for production issues to ensure the effective and timely resolution of problems and knowledge transfer.
Manages policy development to address ongoing complex business issue
Delivery and management of highly complex technology programs which consist of multiple IT projects for multiple business partners and stakeholders, across multiple business units and lines of business
The incumbent is responsible for all development projects within the department and manages multiple small and large projects concurrently.
The incumbent must ensure high availability, integrity and reliability of programs and processes developed where the consequence of error could expose the Bank to a significant loss or undue risk.
Builds and maintains a strong working relationship with peers and management within the business lines.
Partners with stakeholders to translate business requirements into actionable strategies and then identifies appropriate solutions to deliver on objectives. Ensures that all work adheres to GWRT’s strategic architectural direction and Bank Standards.
Acts as a primary interface and conduit between the operational owners and other technology groups to lead the facilitation and execution of operations technology management activities.
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vison/values/business strategy; and managing succession and development planning for the team.