Manager - Collateral Operations (GWO)

Scotiabank; Old Toronto; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

Join a forward-thinking bank as a Manager in Collateral Operations, where you'll lead a dynamic team focused on managing complex transactions in securities lending. This hybrid role emphasizes risk management and operational efficiency, allowing you to make a significant impact in a collaborative environment. With a commitment to holistic well-being, the organization offers flexible benefits tailored to support your unique needs. If you're passionate about leadership and thrive in a fast-paced setting, this opportunity is perfect for you. Bring your expertise and help shape the future of banking!

Benefits

Flexible benefit programs

Holistic well-being support

Inclusive work environment

Career development opportunities

Qualifications

• Degree in Finance or Accounting preferred.
• Expert knowledge of securities lending and collateral operations systems.

Responsibilities

• Lead the Collateral Operations team and manage daily processes.
• Monitor compliance with regulatory guidelines and address operational risks.

Skills

Leadership

Customer Service

Securities Lending

Risk Management

Operational Efficiency

Problem Solving

Delegation

Adaptability

Education

Degree in Finance

Degree in Accounting

Tools

Global One

Anvil

CDS

DTC

Tri-party platforms

Job description

Title: Manager - Collateral Operations (GWO)

Requisition ID: 213188

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

Purpose:
A senior operational role within Global Wholesale Operations, responsible for managing complex collateralized transactions in securities lending, with a focus on risk management, stakeholder coordination, and operational efficiency.

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

• Provide leadership and customer service to the Collateral Operations team
• Manage daily processes for margin calls, settlements, and exposures
• Monitor and ensure compliance with regulatory guidelines
• Identify and address operational inefficiencies and risks
• Coordinate root cause problem solving and recommend solutions
• Support systemic changes and process improvements
• Manage fiscal expenses for the team

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

• Degree in Finance or Accounting preferred
• Prior experience in a leadership capacity
• Expert knowledge of:
• Securities Lending industry (borrowed, lent, and managed)
• Collateral operations systems (Global One, Anvil, CDS, DTC)
• Tri-party platforms
• Bank policies and regulatory requirements
• Operations background in a Financial Institution preferred
• Ability to:
• Effectively delegate and coach
• Adapt to rapidly changing environments
• Manage complex operational processes

Work Arrangement: This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business.

Interested?
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and embraced for their differences. That is 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.

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. Candidates must apply directly online to be considered for this role. 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.