Manager, GWO Securities Settlements - Regulatory Control

Scotiabank; Dallas, Northern (TX, KY); Hybrid; USD 90,000 - 140,000; Full time

Job summary

Scotiabank seeks a Manager for GWO Securities Settlements - Regulatory Control to ensure regulatory compliance and control as part of Global Banking and Markets US operations. You will lead controls across cash, position, and record reconciliations and collaborate with desks, operations, and audits.

The role requires Series 99, 5+ years in possession and control, and strong Excel skills with familiarity of Broadridge BPS, Postedge, and DTC.

Qualifications

• Series 99
• 5+ years of possession and control experience
• Systems knowledge including Broadridge BPS, Postedge, DTC
• Proficient in Microsoft Excel

Responsibilities

• Leads the Securities Settlements team to ensure regulatory control and policy compliance.
• Oversees daily, monthly, quarterly, and annual controls for cash, positions, and records.
• Manages account designations, confirmations, and statements for accuracy and compliance.
• Performs regulatory functions including FINRA extensions and collateral submissions.
• Maintains relationships with desks, operations, and support groups.
• Supports new business initiatives and system/process improvements.
• Facilitates internal and external audits and risk management.
• Edits operations to align with bank values, conduct, and risk appetite.
• Builds a high-performance, inclusive team culture with coaching and feedback.

Skills

Microsoft Excel

Series 99

Possession and Control experience

Tools

Broadridge BPS

Postedge

DTC

Job description

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Title: Manager, GWO Securities Settlements - Regulatory Control

Requisition ID: 275312

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 ensuring specific individual goals, plans and 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.

What You'll Do

Typical Day in Role:

• Leads and drives a customer-focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Oversees and performs quantitative daily, monthly, quarterly and annual controls, including Cash, Position, Trial Balance Attestation and Stock Record reconciliations of SCUSA’s books and records.
• Oversees and performs qualitative controls related to New Account Designation, Confirm and Statements.
• Performs regulatory functions including FINRA extensions and collateral information submissions to the relevant regulator.
• Maintains strong relationships with the desks, operations teams and other support groups.
• Supports new business initiatives and operational projects as a subject matter expert to enhance, modify or change systems and processes within the department.
• Facilitates internal and external audits.
• 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.
• Builds and contributes to a high-performance, inclusive work environment by sharing best practices, supporting team members, encouraging coaching and feedback, and demonstrating resilience when addressing challenges or setbacks.
• Takes initiative to develop coaching and feedback capabilities as a subject matter expert and problem solver within the team

What You'll Bring

• Series 99
• 5+ Years of Possession and Control experience.
• Systems knowledge should include, but not mandatory, Broadridge BPS (Stock Record, Margin, PCAN, REOR, Div Rewrite), Postedge, DTC.
• Skilled Microsoft Excel User

Interested?

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.

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.