Assistant Manager Securities Settlements

Requisition ID: 257982

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

Purpose

Contributes to the overall success of the GWO Confirmations - Securities Settlements team globally ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives.  Ensure all activities conducted follow governing regulations, internal policies and procedures.

Accountability 

•    Ensure the timely, accurate execution of the full settlement lifecycle across markets. 

•    Ensures timely confirmation of trades by tracking unmatched transactions across the unit & proactively analyzing/addressing root causes. 

•    Provides insight and support to management during planning, organizing and successful implementation of projects affecting the unit’s operations.

•    Proactively supports management efforts to monitor group activity to ensure internal control procedures remain effective, are understood and adhered to.
•    Supports management efforts to motivate staff, increase individual performance, execute a robust training schedule and assign workstation responsibilities fairly.

•    Ensure a high degree of operational efficiency, processing accuracy, and conformity to Bank regulation

•    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 implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment, communicating vision/values/business strategy and managing succession and development planning for the team.

Dimensions

Products handled:

•    Fixed Income 
•    Equities
•    FX
•    Futures
•    Derivatives
•    Energy Commodity Derivatives

Main-frame systems supported:

•    Wallstreet - Money Market
•    Broadridge (BPS / Impact / GLOSS)
•    Depositories (BNP / CDS / Citibank / Clearstream / DTC / FED)

Other software applications used:

•    Anvil FI
•    MMI
•    Arrow
•    ADP
•    Impact
•    Escape
•    Jira
•    Gloss
•    Xceptor: Confirmation Hub

Education / Experience 

•    2-3 years of experience in financial services ideally within reconciliation procedures.

•    2-3 years Capital Markets industry experience/knowledge; ideally within Securities Settlements. 

•    Experience in securities settlements across multiple asset classes and markets.

•    Strong knowledge of global settlement systems (such as DTC, Euroclear, and Clearstream), deep understanding of regulatory frameworks (SEC rules, CSDR, SWIFT/ISO standards), and proven ability to resolve settlement exceptions, manage fails, and coordinate with brokers, custodians and optimize settlement processes in a high‑pressure, time‑sensitive environment.

•    Excellent technical skills (VBA, SQL, PowerBi, Python, R). 

•    Leadership skills.  (Nice to have)

•    English level B2+

Working Conditions

•    Work in a standard office-based environment; non-standard hours are a common occurrence. Travel may be required on an exception basis. 

Location(s):  Colombia : Bogota : Bogota 

Scotia GBS is a Scotiabank Group company located in Bogota, Colombia created to support different processes of the Bank and the development and execution of its global services strategy in 15 countries in the Americas. It is composed of 7 service units. We offer an inclusive, positive work environment, and competitive benefits.

At ScotiaGBS, 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. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at ScotiaGBS; however, only those candidates who are selected for an interview will be contacted.