Structured Finance & Settlements Lead

Scotiabank; Toronto; On-site; CAD 85,000 - 110,000; Full time

Job summary

Scotiabank in Toronto, Ontario seeks an Assistant Manager for Structured Finance/Settlements & Clearing. You will support the team’s objectives within Canada, executing settlements, funding requests, and data processing while maintaining strong client relationships.

You will work with SecureHub and related tools, ensuring accuracy in daily operations, risk adherence, and timely escalation of issues. A university degree in Capital Markets or equivalent experience is required.

Qualifications

• Experience with and knowledge in administering ABCP conduits and other securitization structures.
• University Bachelor's Degree or equivalent experience in Capital Markets.

Responsibilities

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Develop proficiency with applications used by the Structured Finance team on a daily basis (SecureHub, SPG, BESS, Cash Pro, ADP, Scotiaconnect).
• Ensure daily processes such as invoice issuance, fulfilment of sellers’ borrowing and paydown requests, CP funding requests to traders are executed to optimize cash use.
• Maintain data feed accuracy and integrity generated by SecureHUB.
• Support and communicate with front office, clients, technology and other stakeholders to ensure interrelated processes occur accurately and timely.
• Provide accurate and informative analysis to Settlements & Clearing management.
• Act as first point of contact to clients for escalations.
• Identify opportunities for process improvements to maximize efficiencies.
• Develop understanding of securitization products (ABCP, ABS) and day-to-day settlement procedures for coverage as needed.
• Understand Bank risk appetite and culture in day-to-day activities and decisions.
• Contribute to high performance and inclusive work environment.
• Support Global Securitization; core application used is SecureHub.

Skills

ABCP conduits

Securitization

Education

Bachelor's Degree in Capital Markets

Job description

Scotiabank in Toronto, Ontario seeks an Assistant Manager for Structured Finance/Settlements & Clearing. You will support the team’s objectives within Canada, executing settlements, funding requests, and data processing while maintaining strong client relationships.

You will work with SecureHub and related tools, ensuring accuracy in daily operations, risk adherence, and timely escalation of issues. A university degree in Capital Markets or equivalent experience is required.