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Securities Clearing Leader

Scotiabank

About this role

About the Role This role provides Securities Clearing leadership within Global Banking and Markets (GBM) at ScotiaGBS, ensuring that systems, processes, controls, and infrastructure support GBM's short-, mid-, and long-term business priorities. The incumbent will work closely with the Director, Settlement & Clearing to align operations, risk controls, and performance with business objectives. What You'll Do

  • Direct and manage Securities Clearing operations to achieve high levels of operational/cost efficiency, control, and customer service.
  • Ensure significant risk inherent in assigned operating units is identified, analyzed, understood, and controlled, maintaining key controls at acceptable levels.
  • Drive a performance culture in GBM through effective people management, and measure performance using appropriate metrics and results.
  • Manage workflows through capacity management and load balancing; develop and execute remediation plans to address underperformance.
  • Collaborate with GWO senior management to understand GBM plans, assess existing processes, controls, and resources, and address gaps to support priorities and revenue objectives.
  • Provide specialized insight to GBM on how operational processing requirements can be best met.
  • Manage and develop subordinate staff to ensure efficient operations and high calibre talent.
  • Ensure operational efficiency, processing accuracy, and regulatory conformity by developing and executing objectives to improve efficiency, identify productivity improvements, control, cost effectiveness, and customer relations.
  • Develop/maintain an effective organizational structure and adhere to Management Control Program and escalation matrix.
  • Lead or participate in training and development, and contribute to manuals, guides, and procedures.

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