Assistant Manager, GWO Securities Settlements - Regulatory Control

Scotiabank; Dallas (TX); On-site; USD 85,000 - 110,000; Full time

Job summary

Scotiabank is seeking an Assistant Manager in GWO Securities Settlements - Regulatory Control in Dallas to contribute to the team’s control framework and regulatory compliance.

You will support daily controls, coordinate with desks and operations, assist audits, and help implement process improvements while applying risk culture and leveraging systems like Broadridge BPS, Postedge and DTC.

Qualifications

• 3+ years of Possession and Control, securities settlements or related regulatory control experience.
• Working systems knowledge should include, but is not mandatory, Broadridge BPS (Stock Record, Margin, PCAN, REOR, Div Rewrite), Postedge and DTC.
• Proficient Microsoft Excel user.

Responsibilities

• Supports a customer-focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Performs and supports quantitative daily, monthly, quarterly and annual controls, including Cash, Position, Trial Balance Attestation and Stock Record reconciliations of SCUSA’s books and records, escalating issues to the Manager as appropriate.
• Performs and supports qualitative controls related to New Account Designation, Confirms and Statements, ensuring exceptions are investigated, documented and escalated as required.
• Supports regulatory functions including FINRA extensions and collateral information submissions to the relevant regulator under Manager oversight.
• Maintains effective working relationships with the desks, operations teams and other support groups, escalating complex or sensitive matters to the Manager.
• Supports new business initiatives and operational projects by providing subject matter input and assisting with enhancements, modifications or changes to systems and processes within the department.
• Assists with internal and external audits by preparing requested evidence, supporting walkthroughs and coordinating responses with the Manager.
• Applies the Bank’s risk appetite and risk culture in day-to-day activities and decisions.
• Pursues effective and efficient operations in accordance with Scotiabank’s Values, Code of Conduct and Global Sales Principles, while ensuring adequate and effective business controls to meet operational, compliance, AML/ATF/sanctions and conduct risk obligations.
• Contributes to a high-performance, inclusive work environment by sharing best practices, supporting team members, seeking coaching and feedback, and demonstrating resilience when addressing challenges or setbacks.
• Takes initiative to develop technical knowledge, problem-solving skills and control expertise to support day-to-day execution and issue resolution within the team.

Skills

Series 99

Controls experience

Excel proficiency

Tools

Broadridge BPS

Postedge

DTC

Job description

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Assistant Manager, GWO Securities Settlements - Regulatory Control

Requisition ID: 267118

Salary Range: -

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

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

Global Banking and Markets

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world. Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group. Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

Purpose

Contributes to the overall success of the Securities Settlements team in NY by supporting the Manager in the execution and delivery of individual goals, plans and initiatives in alignment with the team’s business strategies and objectives. Ensures assigned activities are completed accurately, timely and in compliance with governing regulations, internal policies and procedures.

What You’ll Do

Typical Day in Role:

• Supports a customer-focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Performs and supports quantitative daily, monthly, quarterly and annual controls, including Cash, Position, Trial Balance Attestation and Stock Record reconciliations of SCUSA’s books and records, escalating issues to the Manager as appropriate.
• Performs and supports qualitative controls related to New Account Designation, Confirms and Statements, ensuring exceptions are investigated, documented and escalated as required.
• Supports regulatory functions including FINRA extensions and collateral information submissions to the relevant regulator under Manager oversight.
• Maintains effective working relationships with the desks, operations teams and other support groups, escalating complex or sensitive matters to the Manager.
• Supports new business initiatives and operational projects by providing subject matter input and assisting with enhancements, modifications or changes to systems and processes within the department.
• Assists with internal and external audits by preparing requested evidence, supporting walkthroughs and coordinating responses with the Manager.
• Applies the Bank’s risk appetite and risk culture in day-to-day activities and decisions.
• Pursues effective and efficient operations in accordance with Scotiabank’s Values, Code of Conduct and Global Sales Principles, while ensuring adequate and effective business controls to meet operational, compliance, AML/ATF/sanctions and conduct risk obligations.
• Contributes to a high-performance, inclusive work environment by sharing best practices, supporting team members, seeking coaching and feedback, and demonstrating resilience when addressing challenges or setbacks.
• Takes initiative to develop technical knowledge, problem-solving skills and control expertise to support day-to-day execution and issue resolution within the team.

What You’ll Bring

• Series 99
• 3+ years of Possession and Control, securities settlements or related regulatory control experience.
• Working systems knowledge should include, but is not mandatory, Broadridge BPS (Stock Record, Margin, PCAN, REOR, Div Rewrite), Postedge and DTC.
• Proficient Microsoft Excel user.

Interested?

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

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

#Dallas

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.

Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.