Senior Manager, GWO FED Securities Settlements

Scotiabank•Dallas, TX

3d•Onsite

About The Position

Contributes to the overall success of the NY Fixed Income Settlements /Funding / Wire Transfers in the U.S. ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures. 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

SIE Exam
Series 99
Fixed Income Operations / Management Experience
FICC
Impact
BONY BDC
BONY AccessEdge
POSTEDGE
ADP
Escape
Globalone
TLM
Anvil
Fedline
BONY RDARS
BONY Treasury Edge
Omgeo ALERT

Responsibilities

Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Responsible for daily Fed Settlements for business lines amongst New York Agency Rates, SCUSA, Group Treasury, SIDAC, BNS Toronto, Scotia Capital Inc, BNS London and Prime Services.
Responsibilities for each include trade settlements, trade repricing cash movements, coupon receivables/payables, TMPG receivables/payables, settlement of margin movements (Cash and Security), FICC RTTM, cash wire movements, fail reports/reporting, funding and cash Management, Group Treasury DTC, MBS position rolls, position and cash reconciliations. Also responsible for providing relevant MIS reporting to upper management.
Provides support for CMF repo and related trading desks on all matters including day-to-day operations and new business ventures.
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, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team