Manager, GWO US Securities Settlements

 

 

 

Requisition ID: 266034

 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

 

The role is an operational management position responsible for supporting the day-to-day delivery of U.S. Domestic and International Equities and Fixed Income settlement activities. The incumbent plays an important role in ensuring the accurate, timely, and controlled settlement of a broad range of securities products across multiple business lines, while supporting process improvement, control discipline, and business change.
The position contributes to the firm’s ability to operate effectively across global markets by translating business, regulatory, and control expectations into consistent daily execution. The role works closely with Operations, Risk, Finance, Treasury, Technology, and Front Office partners, with accountability for team supervision, issue escalation, operational performance, and support of a strong control environment.

 

 

What You'll Do

 

Settlement Operations & Execution Leadership
•    Manage and oversee daily U.S. Domestic and International Equities and Fixed Income settlement activity, including Fed Settlements and Securities Borrow/Loan transactions, supporting both local and international business lines.
•    Support accurate and timely settlement across a complex product set, including equities, bonds, ADRs/ORDs, 144A/Reg S securities, and collateralized transactions.
•    Coordinate and monitor key activities across the settlement lifecycle, including: 
o    Trade settlement and affirmation
o    Segregation and regulatory custody requirements
o    Triparty trade matching and funding activity
o    P/S and DWAC processing
o    Corporate action–related conversions and adjustments
o    Cash wire processing and liquidity movements
o    Daily funding, cash management, and position reconciliation
o    Fail monitoring, escalation, and remediation
o    Coupon, margin, and TMPG receivable/payable management
o    Trade repricing and associated cash movements
o    Management information and operational reporting
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Business Partnership & Change Enablement
•    Act as a key operational contact for supported businesses, including Collateral Management and Funding, Group Treasury, Prime Services, Global Equity Derivatives, and Emerging & Debt Capital Markets.
•    Partner with Front Office, Finance, Treasury, Technology, and Risk teams to support new product launches, client onboarding, market expansions, and operating model changes.
•    Support operational readiness for new business initiatives, helping ensure scalability, control readiness, and regulatory alignment prior to go-live.
•    Work with upstream and downstream stakeholders to improve trade quality, settlement outcomes, and funding efficiency.
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Risk, Controls & Regulatory Accountability
•    Manage day-to-day operational risk and control activities for the settlement function, ensuring processes are performed in line