Senior Manager, Trade Support Origination & Syndicate Securitization
Scotiabank - Global Banking and Markets, New York, NY, United States
Requisition ID: 254122
Salary Range: 120,900.00 - 231,400.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Global Banking and Markets Global Banking & 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!
Purpose Contributes to the overall success of the Middle Office 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.
The incumbent will be responsible for a broad array of operational duties including, but not limited to, the oversight and management of Trade Life Cycle support, trade processing, monitoring, reconciliation, and business line client services.
The incumbent will also work within the MO Management Team in the identification, initiation, research and development of process solutions across the MO business lines, with the intent of improving overall operational efficiency/effectiveness while ensuring that compliance, risk and regulatory issues are adhered to.
Please note that this role can be seated out of either our New York City, or Dallas offices. The compensation range currently posted is reflective of our New York City salary band, and if hired in Dallas this range is subject to a regional adjustment. What You’ll Do
Ownership and oversight of the Trade Support Primary Markets functions across middle office teams supporting, Syndicate/deal coordination, trade processing & allocations, trade monitoring, reconciliations, deal closings, and 30 -90 final settlement accounting cycles. Support client service middle office queries such as fail management, regulatory compliance reporting, and trade exceptions management.
Execution of Middle Office Strategy as it relates to a Performance Culture. Operates within a high-performance environment and team which fosters an inclusive work environment, communicating vision/values/business strategy and managing succession and development planning for the team.
Responsible for and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment. Identifies employees’ strengths and areas for development, helping them to build on their strengths and drive action plans to support development opportunities. Proactively provides transparent and ongoing coaching and feedback and takes action on performance concerns through proactive coaching to reinforce expected behaviors.
Champions a culture of continuous operational improvement by independently resolving highly complex, multi-faceted problems to meet the business needs across MO with a specific focus on creating tangible / measurable operational efficiencies. This involves opportunity identification, preparing proposals, defining business requirements and processes, developing, testing, conversion and implementation strategies, developing detailed project plans, monitoring progress against planned objectives, and securing consensus and co-operations from users and senior management.
Champions a customer focused culture to deepen business line relationships and leverage broader Bank relationships, systems and knowledge.
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.
What You’ll Bring
5+ years post-graduate experience in industry or academia in in the areas of capital markets, finance and banking and/or process improvement, business analysis and solution implementation
Solid knowledge/experience in banking/capital markets operations
Excellent verbal and written communication skills and the ability to negotiate, influence and interact professionally with a diverse group of Front Office Users, QAs, Developers, and SMEs
Demonstrated knowledge of analytical problem solving and process engineering techniques (i.e. process mapping and analysis techniques)
Strong technical abilities including knowledge of basic software engineering principles (experience in SQL, VBA, Access, Excel preferred), and a sound understanding of operational processes
Result oriented, deadline driven, self-motivated
NASD FINRA S99 or other local licensing if required
Interested? 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!
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.
What’s in it for you? Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
#GBM
Location(s): United States : New York : New York City
#J-18808-Ljbffr
Salary Range: 120,900.00 - 231,400.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Global Banking and Markets Global Banking & 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!
Purpose Contributes to the overall success of the Middle Office 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.
The incumbent will be responsible for a broad array of operational duties including, but not limited to, the oversight and management of Trade Life Cycle support, trade processing, monitoring, reconciliation, and business line client services.
The incumbent will also work within the MO Management Team in the identification, initiation, research and development of process solutions across the MO business lines, with the intent of improving overall operational efficiency/effectiveness while ensuring that compliance, risk and regulatory issues are adhered to.
Please note that this role can be seated out of either our New York City, or Dallas offices. The compensation range currently posted is reflective of our New York City salary band, and if hired in Dallas this range is subject to a regional adjustment. What You’ll Do
Ownership and oversight of the Trade Support Primary Markets functions across middle office teams supporting, Syndicate/deal coordination, trade processing & allocations, trade monitoring, reconciliations, deal closings, and 30 -90 final settlement accounting cycles. Support client service middle office queries such as fail management, regulatory compliance reporting, and trade exceptions management.
Execution of Middle Office Strategy as it relates to a Performance Culture. Operates within a high-performance environment and team which fosters an inclusive work environment, communicating vision/values/business strategy and managing succession and development planning for the team.
Responsible for and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment. Identifies employees’ strengths and areas for development, helping them to build on their strengths and drive action plans to support development opportunities. Proactively provides transparent and ongoing coaching and feedback and takes action on performance concerns through proactive coaching to reinforce expected behaviors.
Champions a culture of continuous operational improvement by independently resolving highly complex, multi-faceted problems to meet the business needs across MO with a specific focus on creating tangible / measurable operational efficiencies. This involves opportunity identification, preparing proposals, defining business requirements and processes, developing, testing, conversion and implementation strategies, developing detailed project plans, monitoring progress against planned objectives, and securing consensus and co-operations from users and senior management.
Champions a customer focused culture to deepen business line relationships and leverage broader Bank relationships, systems and knowledge.
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.
What You’ll Bring
5+ years post-graduate experience in industry or academia in in the areas of capital markets, finance and banking and/or process improvement, business analysis and solution implementation
Solid knowledge/experience in banking/capital markets operations
Excellent verbal and written communication skills and the ability to negotiate, influence and interact professionally with a diverse group of Front Office Users, QAs, Developers, and SMEs
Demonstrated knowledge of analytical problem solving and process engineering techniques (i.e. process mapping and analysis techniques)
Strong technical abilities including knowledge of basic software engineering principles (experience in SQL, VBA, Access, Excel preferred), and a sound understanding of operational processes
Result oriented, deadline driven, self-motivated
NASD FINRA S99 or other local licensing if required
Interested? 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!
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.
What’s in it for you? Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
#GBM
Location(s): United States : New York : New York City
#J-18808-Ljbffr