Manager Trade Support

Scotiabank•Dallas, TX

1d•Onsite

About The Position

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world. Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group. Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

Requirements

College degree required: Bachelor’s Degree
Bloomberg TOMS, ION MMI, IPREO, TradeWeb, Market Axess,
Broadridge BPS & Impact, DTCC. EuroClear & Clearstream, ALERT, CTM
Syndicate trade processing, deal accounting and expense tracking
Excellent communication and interpersonal skills, including strong written skills
FINRA NASD S99 License or ability to obtain
Proficiency in MS Excel
FINRA Trace

Responsibilities

Responsible for the trade input and capture of Fixed Income cash securities (Rates, Corporates, Lat-Am Emerging markets, Structured Notes).
Work with the trading and sales staff to ensure that all trades executed daily are accurately entered, confirmed with counterparties, and flow to the firm’s books and records.
Support Debt Capital Markets Syndicate desk & Equity Derivative Structured Notes desk, develop strong working relationships with the underwriting, trading, and legal teams
Ensure accurate and detailed recording of all deal transactions, preparation of final settlement letters for underwriters or the trading desk, and collection of deal expenses including the wiring of monies for settlement and fees
Coordinate with external clients to retrieve the trade allocations of block transactions and submit the allocated trades accordingly into the front-end risk capture systems.
Submit new issue structured notes cusips to various depos for eligibility, coordinate wires, funding, Finra Trace setup, due diligence DTCC closing call and takedown
Perform front-office to back-office system (FOBO) reconciliations to ensure that all trades entered flow to the back-office system.
Facilitate the timely settlement of trades by resolving allocation, trade detail, and instruction discrepancies with clients.
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 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.
Champions a high-performance environment and contributes to an inclusive work environment.