About the Role
Manages and contributes to the overall success of Foreign Exchange (FX) & Money Market (MM) Operations, ensuring business goals and initiatives are executed in support of team strategies. Ensures compliance with regulations and internal policies. Leads the day-to-day operating model and advances strategic initiatives, business growth, and technology-enabled change.
Responsibilities
- Leads and drives a customer-focused culture to deepen client relationships.
- Oversees and maintains operational activities and processes for FX and MM.
- Supports business line operations teams through strategic initiatives and system enhancements.
- Defines straight-through processing (STP) strategy and leads delivery of STP targets.
- Provides leadership and oversight for risk and controls within each business line.
- Drives global standardization across operating pillars through SOPs, SLAs, and process standards.
- Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Creates a positive environment for engaged teams pursuing effective and efficient operations.
- Builds a high-performance environment and implements a people strategy to attract, retain, develop, engage, and motivate a diverse team.
Requirements
- University degree in Business, Finance, Accounting, Economics or a related discipline.
- 10+ years of progressive leadership experience in capital markets operations, with deep expertise in FX and MM operations, confirmation and settlement processes, controls, and managing operational risk.
- Proven leadership experience managing global or multi-region operations teams.
- Demonstrated experience leading strategic initiatives, operating model optimization and technology-enabled transformation.
- Demonstrated success improving straight-through processing, standardization and operating efficiency.
- Strong stakeholder management skills with experience partnering across Operations, Technology, Front Office, Finance, Risk and Control functions.
- Strong people leadership capabilities, with experience building high-performing teams, leading leaders and managing change in complex environments.
- Strong analytical, problem-solving and communication skills.
- Advanced proficiency in Microsoft Excel, PowerPoint and workflow / operations tools.
- Experience with data analysis and management reporting is an asset.
- Spanish language fluency is considered an asset.
Skills
- FX and MM operations
- Confirmation and settlement processes
- Controls
- Operational risk management
- Global operations management
- Service quality management
- Business continuity
- Strategic initiative leadership
- Operating model optimization
- Technology-enabled transformation
- Process redesign
- System implementation
- Workflow automation
- Straight-through processing (STP)
- Process governance
- Control discipline
- Stakeholder management
- People leadership
- Team building
- Change management
- Analytical skills
- Problem-solving skills
- Communication skills
- Microsoft Excel proficiency
- Microsoft PowerPoint proficiency
- Workflow/operations tools proficiency
- Data analysis
- Management reporting
- Spanish language fluency
Location
- Toronto, Ontario, Canada
Work Type
- Full-time
Experience Level
- 10+ years of progressive leadership experience
Education Level
- University degree in Business, Finance, Accounting, Economics or a related discipline
Benefits
- Rewarding career path with diverse opportunities for professional development
- Organization committed to making a difference
- Competitive rewards program including bonus
- Flexible vacation
- Personal and sick days
- Comprehensive benefits that start on your first day
About the Company
- 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.
Equal Opportunity
- 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.
- 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.
- Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
