Analyst - Exchange Traded Derivatives Operations (GWO)

Scotiabank; Toronto; On-site; CAD 65,000 - 90,000; Full time

Benefits offered by this job

Bonus

Flexible vacation

Personal and sick days

Comprehensive benefits

Job summary

Scotiabank in Toronto is seeking an Analyst, Exchange Traded Derivatives Operations to support the full trade life cycle, including capture, clearing, settlement, reconciliations, and collateral management in a fast-paced capital markets environment.

You will join the Global Wholesale Operations Confirmations - ETD team, maintain accurate books and records, ensure daily tasks are completed on time, and contribute to risk management and process improvements.

Qualifications

• 1-2 years of experience in exchange traded derivatives operations, or experience supporting a comparable capital markets asset class.
• Knowledge of capital markets regulatory frameworks, market practices, clearing house policies, and exchange traded derivatives operations; knowledge of U.S. ETD regulations is an asset.
• Understanding of accounting principles and practices related to exchange traded derivatives or an equivalent asset class.
• Experience with capital markets books and records platforms such as GMI, RISC, XTP, ADP, Broadridge, or similar systems.
• Knowledge of derivative exchange clearing applications such as CME Group FEC, ICE ECS/FEC, CDCC TMS, CDCC SOLA, or equivalent systems is an asset.

Responsibilities

• Capturing, validating, and processing exchange traded derivatives transactions.
• Completing trade, position, and cash reconciliations to support accurate books and records.
• Supporting collateral management activities and related operational controls.
• This role operates in a hybrid environment, with a combination of in-office and work-from-home arrangements.

Skills

Regulatory knowledge

Accounting principles

Capital markets knowledge

Trade reconciliations

Education

Post-secondary degree in finance/economics/business

Canadian Securities Course (CSC) asset

Tools

SCOTS

MMI

Icarus

CME Portal

ICE US Portal

ICE Europe Portal

Montreal Exchange TMS

CDCC SOLA

CFTC PERT

Bank of Montreal Online Banking

Barclays Net

TLM

FIA Docs

Job description

Requisition ID: 267693 Employee Referral Program - Potential Reward:$1,000.00 We are committed to investing in our employees and helping you continue your career at Scotiabank.

The Role

Join a global operations team that supports the clearing and settlement of exchange traded futures and options on futures across Scotiabank's business lines. As an Analyst, Exchange Traded Derivatives Operations, you will help maintain accurate books and records, support the full trade life cycle, and contribute to a strong control environment in a fast-moving capital markets setting.

This role is part of the Global Wholesale Operations Confirmations - ETD team and plays an important role in ensuring daily trade, position, cash, and collateral activities are completed accurately, on time, and in line with regulatory, policy, and procedural requirements.

Key areas of responsibility include:

• Capturing, validating, and processing exchange traded derivatives transactions
• Completing trade, position, and cash reconciliations to support accurate books and records
• Supporting collateral management activities and related operational controls

Is this role right for you? In this role, you will:

• Support accurate and timely processing of exchange traded derivatives activity across the full trade life cycle, including trade capture, clearing, settlement, reconciliations, and collateral-related processes.
• Complete assigned daily operational tasks within established timelines and elevate exceptions, breaks, or processing issues in accordance with internal procedures.
• Perform trade, position, cash, and collateral reconciliations, investigate discrepancies, and help identify root causes to reduce recurring issues.
• Maintain strong knowledge of operational procedures, system workflows, and control requirements to support consistent and compliant processing.
• Apply the Bank's risk appetite, risk culture, and compliance expectations in daily activities and decision-making.
• Contribute to process improvements by providing observations and recommendations that strengthen controls, reduce operational risk, and improve efficiency.

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

Product knowledge:

• Exchange traded futures and options on futures

Systems and platforms:

• SCOTS
• MMI
• Icarus

Other software applications used:

• CME Portal
• ICE US Portal
• ICE Europe Portal
• Montreal Exchange TMS
• CDCC SOLA
• CFTC PERT
• Bank of Montreal Online Banking
• Barclays Bank PLC Net
• TLM
• FIA Docs

Education, experience, and technical knowledge:

• 1-2 years of experience in exchange traded derivatives operations, or experience supporting a comparable capital markets asset class
• Knowledge of capital markets regulatory frameworks, market practices, clearing house policies, and exchange traded derivatives operations; knowledge of U.S. ETD regulations is an asset
• Understanding of accounting principles and practices related to exchange traded derivatives or an equivalent asset class
• Experience with capital markets books and records platforms such as GMI, RISC, XTP, ADP, Broadridge, or similar systems
• Knowledge of derivative exchange clearing applications such as CME Group FEC, ICE ECS/FEC, CDCC TMS, CDCC SOLA, or equivalent systems is an asset
• Post-secondary degree or diploma in finance, economics, business, accounting, or a related field
• Canadian Securities Course (CSC) or related securities coursework is an asset

Working Conditions

• This role operates in a hybrid environment, with a combination of in-office and work-from-home arrangements.

What’s in it for you?

• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities – for you and our customers.
• A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know.