Analyst, FX Operations (12-Month Contract GWO)

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

Benefits offered by this job

Referral bonus ($1,000)

Job summary

Scotiabank in Toronto, Canada, is seeking an Analyst for FX Operations on a 12-month contract. You will support the confirmations and settlements process, perform daily trade affirmation, settlement, and investigations, and collaborate with front office, technology, and clients to ensure accurate, timely processing.

The role requires a bachelor’s degree in capital markets or equivalent, familiarity with FX products, and proficiency with Wallstreet, FXALL, MISYS, GTSS and Bloomberg.

Qualifications

• University Bachelor's Degree or equivalent experience in Capital Markets

Responsibilities

• Complete day-to-day operational activities including trade affirmation/confirmation, daily settlements, and investigation of settlement issues.
• Maintain cash controls and perform reconciliations; participate in team projects as needed.
• Liaise with front office, clients, technology and other stakeholders to ensure accurate, timely processes and address discrepancies.
• Provide accurate and informative analysis to FX Settlements management upon request.
• Offer excellent customer service and insightful analysis for FX settlements and related investigations.

Education

Bachelor's degree in Capital Markets

Tools

Wallstreet

FXALL

MISYS

GTSS

Bloomberg

Job description

Title: Analyst, FX Operations (12-Month Contract GWO)

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Requisition ID: 274813

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

Contributes to the overall success of the FX Operations team within Confirmations and Settlement Operations, GWO in Canada, 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.

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

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Responsible for completing day-to-day operational activities. This includes but is not limited to completing trade affirmation/confirmation, daily settlements, investigation of settlement issues, cash control/reconciliation and involvement with projects as they relate to the team, as well as any other assigned daily control points.
• Responsible for effectively supporting, communicating with, and maintaining excellent working relations with front office, clients, technology and any other related internal/external stakeholders in order to ensure that all interrelated processes take place in an accurate and timely manner and that any discrepancies are addressed effectively.
• Responsible for providing accurate and informative analysis to FX Settlements management as requested.
• Responsible for being the first point of contact in providing excellent customer service by effecting insightful feedback and accurate analysis in a timely manner on all customer requests as they relate to FX settlements and any resulting FX related investigations
• Will consistently look for any opportunities for process improvements to maximize efficiencies.
• Have and also continue to strengthen a sound understanding of all FX products supported. (Cash trades, SPOT trades, FX Forwards, Swaps)
• Develop proficiency with applications used by the FX Operations team on a daily basis. (Wallstreet, FXALL, MISYS, GTSS, Bloomberg)
• 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 contributes to an inclusive work environment

Dimensions:

• Supports Global FX Operations
• Core application used in Wallstreet
• Utilizes matching platforms FX ALL, MISYS, GTSS and Bloomberg

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

• University Bachelor's Degree or equivalent experience in Capital Markets

Working Conditions

• Hybrid work environment (3 days in-office) between core operational hours 8am-6pm
• Overtime may be required during peak periods or high-volume days
• Coverage on Statutory holidays is required
• Occasional weekend support for project or testing can be required

What’s in it for you?

• Opportunity to engage with various GBM business groups on KYC/AML topics and client outreach activities
• Opportunity to enhance knowledge of GBM’s global product offering, business lines and functional processes, as well as gain exposure to the overall bank
• Opportunity to build strong strategic relationships across broad partner and stakeholder groups within GBM globally and across the bank
• Be a key member of a dynamic and engaged team with strong leadership and focused personal and career development support
• 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. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.