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Added 13 mins ago
HM
Family Practitioner/General Practitioner
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Nanaimo, BC
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KA
assistant manager, restaurant
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NO
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SM
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WC
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UO
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LC
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TS
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Stage Experience Lead - Full Time
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Oakville, ON
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Scotiabank

Assistant Manager - FX Operations, Post Settlements Investigation (6 Month-Contract GWO)

Toronto, ON, M5H 4B6, Canada

Apply on jobs.scotiabank.com About employer

Applications open in a new tab.

Job details

Experience: 1-3 years of experience working in Capital Market Operations
Posting language: English
Posted: Oct 20, 2026

Original job description

Requisition ID: 276716
Employee Referral Program – Potential Reward: $1,000.00

We are committed to investing in our employees and helping you continue your career at Scotiabank.

The Role

Contributes to the overall success of Post Settlements Investigations in Canada ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted follow governing regulations, internal policies, and procedures.

Is this role right for you? In this role, you will:

Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
Responsible for process and control oversight for completion of day-to-day activities. This includes but is not limited to investigation of daily/monthly/annual cash breaks, taking actions / sending correspondence to the relevant teams for corrective actions to resolve breaks.
Solving problems of an unusual nature including identifying the cause and what is required to prevent recurrence
Ability to analyze cross departmental processes which may have created the exception and understand action required to resolve
Develop and maintain excellent working relations with all involved stakeholders - including but not limited to clients, counterparties, Sales and Trading, Product Control, Technology, other operations areas.
Responsible for providing accurate and informative analysis to the management team as requested.
Responsible for participating and delivering on projects as they relate to the overall Post Settlements Investigation team
Consistently look for process improvements opportunities to maximize efficiencies. Performs other duties as assigned.
Responsible for being the first point of contact for issues within Post Settlements Investigation team; leading by example, cross training new and junior staff, being a subject matter expert and assist in the oversight of the team as required.
Develop a sound understanding of the products supported/settled. (Cross Currency Swap, Single Currency Swap, Credit Default Swap, Inflation Swap, Total Return Swap, Forward Rate Agreement, Forex, FX Options, FX Commodity Options, Equity Options, Loans, Deposits, Swaption, Single Currency Extend, Single Currency Call, Cap, Floor, FX Strip).
Responsible for identifying and helping to mitigate any inherent operational risks as they relate to overall team. This includes, but is not limited to, cross-training and providing coverage on other settlement desks for vacations and unexpected absences; review, evaluate and implement new and existing procedures (SOPs).
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook, and the Guidelines for Business Conduct.
Champions a high-performance environment and contributes to an inclusive work environment.
Support any requests for the development of audit and regulatory documentation which may be required on an ad-hoc basis.

Dimensions

Support GBM Front Office, Product Control, Technology
Global (North America, London/Europe, Latin America, Asia Pacific
K2/PEAK, S1, Bloomberg, Reuters, SWE, SPG, Scotia Connect, Corona, TLM, JIRA
Regulatory bodies - OSFI, CFTC, CASS

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

University Bachelor's Degree
Finance background
Solid understanding of OTC Derivative products
1-3 years of experience working in Capital Market Operations
Previous Settlement experience preferred

Working Conditions

Hybrid work arrangement between core operational hours 8:30am -6pm
Extended standard hours are a common occurrence during peak periods and for purpose of coverage.
Coverage on Statutory holidays to support global operations

What’s in it for you?

Opportunity to engage with various GBM business groups on KYC/AML topics and client outreach activities
Opportunity to enhance knowledge of GBM’s global product offering, business lines and functional processes, as well as gain exposure to the overall bank
Opportunity to build strong strategic relationships across broad partner and stakeholder groups within GBM globally and across the bank
Be a key member of a dynamic and engaged team with strong leadership and focused personal and career development support
A rewarding career path with diverse opportunities for professional development
An organization committed to making a difference in our communities – for you and our customers.
A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.

Location(s): Canada : Ontario : Toronto

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.

Note: All postings in me@Scotiabank will remain live for a minimum of 5 days.

Apply on jobs.scotiabank.com About employer

More about this job

Responsibilities

The Assistant Manager is responsible for the oversight of post-settlement investigations, including resolving cash breaks and identifying process improvements. They act as a subject matter expert and primary point of contact for the team while ensuring adherence to regulatory and internal risk policies.

Requirements

Candidates must possess a university bachelor's degree and a solid understanding of OTC derivative products. A minimum of 1-3 years of experience in capital market operations or settlement roles is required.

Skills

Capital market operations
Settlement processing
OTC derivative products
Financial analysis
Risk management
Process improvement
Stakeholder management
Regulatory compliance
AML/ATF
Operational risk
Problem solving
Cross-training
Data analysis
Reporting
Documentation

Benefits

Bonus
Flexible vacation
Personal days
Sick days
Comprehensive benefits
Professional development support

Visa sponsorship

Not detected in the job text

Keywords

FX Operations
Post Settlements
OTC Derivatives
Capital Markets
Cash Breaks
Operational Risk
Regulatory Compliance
AML
ATF
Bloomberg
Reuters
JIRA
TLM
Corona
OSFI
CFTC
CASS
Cross Currency Swap
Credit Default Swap
Equity Options
Forex
SOPs
Stakeholder Management
Financial Analysis
Process Oversight

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Work requirements

Jobs in Canada