Manager, Capital Markets

Title: Manager, Capital Markets & Security Settlements - GWO

Requisition ID: 276789

Thanks for your interest in ScotiaGBS, the best campus in Bogota.

Join a purpose driven winning team, committed to results, in an inclusive and high-performing environment.

Purpose

• Directing assigned operations ensuring a high level of operational/cost efficiency, management control and customer service.
• Ensuring significant risk, inherent in assigned operating units is identified, analyzed, understood, and controlled. Maintain key controls at acceptable levels.
• Driving a performance culture in GBM through effective people management practices
• Measurement of performance through effective metrics and viewpoint results. Management of workflows through capacity management and load balancing
• Identify, analyze, and address underperformance at all levels by executing remediation plans

Accountabilities

1. Manage and develop subordinate staff to ensure efficient operations, attainment of objectives, and a high calibre of employee.

2. Ensure a high degree of operational efficiency, processing accuracy, and conformity to Bank regulations by:

• Developing, negotiating, and executing business objectives to improve operational efficiency or customer.
• Identifying and implementing opportunities for improvements in productivity, control, cost effectiveness, and user/customer relations.
• Developing/maintaining an effective, economical organization structure.
• Adhering to an effective Management Control Program and escalation matrix.
• Managing resolution of operational problems ensuring appropriate action is taken to prevent recurrence.
• Staying abreast of industry and/or internal initiatives and changes to forecast the impact upon assigned units.
• Development and execution of strategies, communications, and implementation of change.
• Providing or participating in training sessions and seminars.
• Consulting on the preparation of associated manuals, guides, and procedures.
• Consulting on daily issues/changes in retail and trading products as they impact Securities Clearing.
• Understand products and product offerings at Scotiabank
• Understand securities markets, security types and industry standards for custody

Reporting Relationships (Job Titles only)

Primary Manager:(include secondary Manager if applicable) Senior Manager – Securities Settlements & Director, Security Settlements (Canada) & Initiatives

Dimensions

• Reputational Risk potential: High Compliance and Regulatory Risk: High
• Ability to manage in a rapidly changing environment regarding policies, procedures, automated systems and client needs.
• Expert knowledge of domestic and foreign Securities Industry conventions and regulatory requirements
• Expert knowledge of Securities Operations’ processes, systems, and controls in multiple geographic locations
• Good knowledge of policies and procedures in other areas of the Bank
• Extensive knowledge of regulations associated with the securities Industry and products globally.
• Ability to effectively delegate.
• Quick response to respond to situations requiring Management involvement/decisions.
• Adaptability to constant changes, tight deadline, limited guidance, and ambiguous scenarios occurring within Securities Clearing and an ability to effectively create and manage change.
• Sound judgement and strong analytical skills to assess business requirements and to make decisions and recommendations in the absence of documented procedures or specific guidelines.
• Strong knowledge of Project Management methodologies both waterfall and agile.
• Extensive knowledge of systems employed by Securities Operations globally including Broadridge (ADP), GLOSS, ICi-Impact, ION
• MMI and ANVIL, Canadian Depository for Securities (CDS), Depository Trust Company (DTCC), Paramax – Arrow as well as
• Applications of various Central Securities Depositories and Global Custodians (Clearstream, Euroclear, Bank of New York Mellon,
• BNP Paribas, Deutsche Bank, HSBC, JPM, Itau Unibanco, LCH / Eurex Bonds, etc.)
• Strong communication skills both written and verbal to deal with Sr. Management of Bank subsidiaries, service providers, and Depositories / Global Custodians – Settlement Agents.
• Strong general management skills that include leadership, coaching, team building, decision making, prioritization and human relation skills to manage a high degree of change and motivate/direct sophisticated human resources and employ conflict resolution skills.
• Analytical thinking: due to the nature of operations the incumbent must be able to adapt his/her knowledge and experience to resolve unprecedent