Manager - Collateral Operations (GWO)

Is this role right for you?

In this role, you will :

• Provide focused customer service thereby setting examples for the team to follow.
• Maintain a positive working relationship with all stakeholders ensuring all collateral issue (margin calls, settlements, exposures) and from time-to-time reconciliations are dealt with professionally and promptly.
• Being a point of reference to the team members for interpretation, learning and understanding of task and responsibilities.
• Contribute to the efficient cost effectiveness of the unit operation and responsible for prudent fiscal expense management within the team
• Monitoring to ensure appropriate action is taken to address any outstanding problems so as to meet regulatory guidelines.
• Supervise and be a point of reference for other team members regarding collateral management processes and procedures.
• Monitoring daily processes ensuring timely action and responses are given to issues that arise while ensuring deadlines and collateral coverage is successful.
• Planning and presentation of the visual management tool with the team.
• Foster the identification of operational inefficiencies, risks, and problems by the team.
• The management of workflows through capacity management and load balancing.
• Measurement and improvement of Key Performance Indicators including targets and trends.
• Coordination of processes to discuss Root Cause Problem Solving identified and the recommendation of solutions to senior management as necessary.
• Conduct process confirmation on Standard Operating Procedures and identify and implement improvements.
• Ensure that the process enhancements identified in the “Tactical Implementation Plan” are implemented as appropriate.
• Manage and monitor funding at all depositories.
• Act as a change agent in introducing any systemic changes or enhancements.
• Ensuring strict adherence to securities lending collateral guidelines as always set out in the LCS to prevent any risk of exposure to the bank.
• Review of critical reports and completed work to track exception items and to assess necessity to amend or improve processes.
• Provide support to the Sr. Manager and Director for project type activities that require other than established procedures and ensure successful implementation.
• Completing and assessing EOD exposure reports for review and distribution.

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have :

Work Arrangement : This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business.

Interested?

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