Requisition ID: 260446
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Role
The Director, Derivatives Post‑Trade Technology is responsible for the strategic direction, leadership, and oversight of global Derivatives Post‑Trade Technology with primary accountability for Confirmations, Settlements, and post trade lifecycle processing across OTC and listed derivatives.
This role drives modernization of the derivatives post‑trade technology landscape, partnering closely with Global Wholesale Operations, Risk, Finance, Legal, and regional Technology teams. The incumbent will define and execute a technology strategy that reduces operational and settlement risk, improves straight‑through processing, enhances regulatory compliance, and delivers measurable business value.
Is this role right for you? In this role you will:
- Own the end ‑ to ‑ end technology stack supporting derivatives confirmations and settlements , including trade confirmation, matching, affirmation, settlement instruction generation, and exception management.
- Provide strategic leadership for post‑trade processing across OTC and exchange‑traded derivatives, including rates, FX, credit, and equity derivatives.
- Drive modernization initiatives focused on automation, straight‑through processing (STP), resiliency, and reduction of manual controls and operational risk.
- Ensure 24x7 production stability for critical derivatives post‑trade platforms with global follow‑the‑sun support.
- Lead delivery of medium to large technology programs with annual IT spend typically ranging from $2MM to $15MM.
- Manage complex regulatory and industry‑driven initiatives (e.g., T+1/T+0 settlement impacts, margin and settlement alignment, recordkeeping and audit requirements).
- Partner with Operations and business stakeholders to translate derivatives post‑trade requirements into actionable technology roadmaps and executable delivery plans.
- Own and manage vendor relationships across the derivatives post‑trade ecosystem (e.g., confirmation, matching, settlement, and messaging platforms).
- Apply modern engineering and delivery practices including Agile, DevOps, CI/CD, cloud‑adjacent architectures, and automation frameworks.
- Ensure adherence to enterprise architecture standards, information security policies, and data governance requirements.
- Act as the primary technology interface between derivatives Operations, Product Control, Risk, and other Capital Markets Technology teams.
- Lead continuous improvement initiatives to strengthen incident management, root‑cause analysis, and knowledge transfer for production issues.
- Communicate technology strategy, risk posture, and delivery status effectively to senior technology and business leadership.
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Creates an environment in which their team pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
- Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vision/values/business strategy; and, managing succession and development planning for the team.
Do you have the skills that will enable you to succeed in this role? We’d love to work with you if you have:
- 12+ years of technology and capital markets experience, with senior leadership accountability.
- Strong technical background in post‑trade, settlements, or confirmations technology.
- Deep understanding of derivatives lifecycle processing, particularly confirmations, settlements, and exception management.
- Proven experience delivering large‑scale, complex technology programs in a regulated environment.
- Strong vendor management and commercial negotiation experience.
- Excellent business acumen and ability to align technology delivery to strategic and financial objectives.
- Demonstrated ability to lead transformation, continuous improvement, and operational resilience initiatives.
- Exceptional communication skills with the ability to engage executive leadership and senior business stakeholders.
What's in it for you?
- 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 employee 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 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.
- Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
- Competitive Rewards program including bonus, flexible vacation, personal, sick days, and benefits will start on day one.
- Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs.
#LI-Hybrid
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.