Manager - Exchange Traded Derivatives, GWO

Scotiabank; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

A leading financial institution in Toronto seeks a Manager - Exchange Traded Derivatives to oversee global operations and ensure compliance with regulations. Responsibilities include leading a dynamic team, enhancing client relationships, and implementing process improvements. The ideal candidate holds a degree in Finance or Economics and has prior experience in ETD operations. A competitive rewards program is offered, along with a commitment to inclusivity.

Benefits

Competitive rewards program

Flexible vacation

Comprehensive benefits from day one

Professional development opportunities

Qualifications

• Prior experience in ETD operations or similar capital markets asset class.
• Strong knowledge of various asset platforms.
• In-depth understanding of ETD processes and regulatory compliance.

Responsibilities

• Oversee global ETD operations and ensure compliance with regulations.
• Drive customer-focused culture and strengthen client relationships.
• Lead and motivate the ETD team to meet business objectives.

Skills

ETD operations experience

Knowledge of major asset platforms

Understanding of accounting principles related to ETD

Project Management experience

Education

University degree in Finance, Economics, or Business

Tools

GMI

Broadridge

CME FEC

ICE ECS/FEC

Job description

Manager - Exchange Traded Derivatives, GWO

Requisition ID: 240335

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

The Role

The Manager will oversee global Exchange Traded Derivatives (ETD) operations, ensuring strategies and initiatives are executed in compliance with regulations and internal policies. The ETD team supports the clearing and settlement of global futures and options on futures traded across Scotiabank business lines, maintaining the official clearing book of record and managing the full trade life cycle.

Is this role right for you?

• Oversee ETD operations, including:
  • Trade clearing and settlements
  • Trade, position, and cash reconciliation
  • Collateral management
  • Regulatory reporting
• Drive a customer‑focused culture and strengthen client relationships.
• Identify and implement process improvements to enhance efficiency, productivity, and risk control:
  • Review workflows for control gaps and technological efficiencies
  • Maintain and update standard operating procedures and static data
• Lead and motivate the team:
  • Assign tasks to meet business objectives
  • Monitor workloads and ensure fair distribution
  • Coach and mentor key contributors
• Support technology initiatives:
  • Participate in User Acceptance Testing for system enhancements
  • Assist with troubleshooting production issues
• Ensure adherence to risk and compliance frameworks, including Operational Risk, Regulatory Compliance, AML/ATF, and Conduct Risk.

Required Skills

• University degree in Finance, Economics, or Business
• Prior ETD operations experience (or similar capital markets asset class), global perspective preferred
• Strong knowledge of major asset platforms (e.g., GMI, RISC, XTP, ADP, Broadridge)
• Familiarity with clearing applications (e.g., CME FEC, ICE ECS/FEC, CDCC TMS & SOLA)
• In‑depth understanding of ETD processes, controls, and regulatory compliance
• Knowledge of capital markets regulations and clearing house policies; US ETD regulations a plus
• Understanding of accounting principles related to ETD
• Project Management experience is an asset

Benefits

• 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. If you require technical assistance, please click here. 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.