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Scotiabank

Manager - FX & Commodities, Middle Office (GWO)

Toronto, ON, M5H 4B6, Canada

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Job details

Posting language: English
Posted: Oct 9, 2026

Original job description

Requisition ID: 275973

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

The Role

As the Manager, FX & Commodities Middle Office, you will play a key role in supporting FX and Commodities businesses across Global Banking & Markets. You will lead and support day-to-day Middle Office activities across the trade lifecycle, with a focus on trade support, operational controls, reconciliations and client service.

You will also work closely with the Middle Office Management team and key partners across the business to identify opportunities to improve processes, strengthen controls and enhance operational efficiency.

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

Lead and support daily Middle Office activities across the FX and Commodities trade lifecycle, including trade support, trade administration, reconciliations, position management and client service.
Independently identify, investigate and resolve complex operational and trade-related issues, often within tight timelines.
Lead, coach and develop a team, fostering an inclusive, collaborative and high-performance environment.
Partner with Front Office and other stakeholders to address business needs, resolve issues and support effective trade lifecycle management.
Identify opportunities to improve processes, controls and operational efficiency across the Middle Office.
Support the development and implementation of process improvements, including defining business requirements, testing solutions and monitoring implementation.
Maintain strong operational controls and ensure activities are conducted in accordance with applicable regulatory requirements, internal policies and risk management standards.
Build strong relationships across the organization and effectively influence stakeholders at various levels.

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

Prior experience in capital markets, banking, financial services or a related environment.
Strong knowledge of FX and/or Commodities products, including the trade lifecycle, operational controls and capital markets processes.
Experience supporting FX and/or Commodities within a Middle Office, Trade Support or related capital markets operations environment.
Demonstrated leadership experience, with the ability to coach, develop and support a team.
Strong analytical and problem-solving skills, with experience identifying and implementing process improvements.
Strong communication and stakeholder management skills, with the ability to work effectively with Front Office and cross-functional partners.
Ability to work independently, manage competing priorities and make sound decisions in a fast-paced environment.
Strong Excel skills and a solid understanding of operational processes.

Nice to have:

Hands-on experience with Wall Street FX.
Experience with Murex.
Knowledge of SQL, VBA or Access.
Experience with process mapping, business analysis or solution implementation.

What’s in it for you?

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.

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More about this job

Responsibilities

The Manager will lead daily Middle Office activities across the FX and Commodities trade lifecycle, including trade support, administration, and reconciliations. They will also partner with stakeholders to identify process improvements and ensure adherence to operational controls and regulatory requirements.

Requirements

Candidates must have prior experience in capital markets or financial services with strong knowledge of FX and Commodities products. Demonstrated leadership skills, analytical problem-solving abilities, and proficiency in Excel are required for this role.

Skills

FX
Commodities
Middle office
Trade lifecycle
Operational controls
Reconciliations
Client service
Capital markets
Financial services
Leadership
Process improvement
Stakeholder management
Excel
Wall Street FX
Murex
Business analysis

Benefits

Bonus
Flexible vacation
Personal days
Sick days
Comprehensive benefits
Professional development opportunities
Employee resource groups

Visa sponsorship

Not detected in the job text

Keywords

FX
Commodities
Middle Office
Trade Lifecycle
Operational Controls
Reconciliations
Capital Markets
Financial Services
Trade Support
Position Management
Process Improvement
Stakeholder Management
Excel
Wall Street FX
Murex
SQL
VBA
Access
Process Mapping
Business Analysis
Risk Management
Regulatory Requirements
Global Banking & Markets

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