Assistant Manager - Securitization (GWO)

Requisition ID: 268081
Employee Referral Program – Potential Reward: $1,000.00  

We are committed to investing in our employees and helping you continue your career at Scotiabank.

The Role
As Assistant Manager, GWO – Settlements & Clearing, Securitizations, you will support the daily execution, control, and continuous improvement of securitization settlement and clearing activities within Global Wholesale Operations. This role offers exposure to complex banking products, regulatory initiatives, operational controls, and process improvement work across a high-volume financial services environment.

You will help ensure operational activities are completed accurately, efficiently, and in accordance with applicable regulations, internal policies, and established procedures. The role supports securitization products and related operational processes for Global Banking and Markets, Group Treasury, and Global Wholesale Operations.

The portfolio includes asset-backed securities such as credit cards, auto loans, and lines of credit, as well as mortgage-backed securities, debt securities, and covered bonds.

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

• Support daily settlement and clearing activities for securitization products, helping ensure timely and accurate transaction processing.
• Monitor operational processes, resolve routine processing issues, and escalate material risks or exceptions as required.
• Support reconciliation, trade support, settlement, clearing, and control activities in accordance with internal procedures and regulatory expectations.
• Provide operational coverage during peak volumes, vacation periods, statutory holidays, and short-staffed periods to maintain continuity of service.
• Participate in technology, operational, and regulatory initiatives that impact securitization operations, including testing, implementation support, and process updates.
• Identify opportunities to improve efficiency, strengthen controls, and simplify existing processes.
• Document and share process updates, best practices, and procedural changes with relevant partners and team members.

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

• 2–5 years of experience in accounting, finance, securities operations, capital markets operations, or a related financial services operations environment.
• Working knowledge of securitization products, including mortgage-backed securities, asset-backed securities, covered bonds, or debt securities.
• Experience supporting settlement, clearing, reconciliation, trade support, or operational control processes.
• Experience using mHUB is preferred.
• Exposure to THOR, Broadridge, ScotiaConnect, K2, SPG, manual templates, or comparable banking operations platforms is an asset.

Education / Experience

• Post-secondary education in accounting, finance, business, economics, or a related field.
• Relevant experience in banking operations, securities operations, capital markets operations, or financial services operations.

Working Conditions

• Work is performed in a standard office-based or temporary remote environment during core operational hours, typically 8:30 a.m. to 5:30 p.m.
• Occasional weekend support may be required for project work, testing, or implementation activities.

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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