Accounting Officer, Contracts & Options Clearing

Job title:

Accounting Officer, Contracts & Options Clearing

Company

Scotiabank

Job description

Requisition ID: 205962Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.As an Accounting Officer, Accounting Officer, P&S Edit and Trade Corrections , Contracts and Derivatives clearing you will be responsible for Contributing to the overall success of the Contracts and Derivatives clearing Department in Canada / Toronto ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensure all activities conducted are in compliance with governing regulations, internal policies and procedures. Ensure all Scotia (Equity and Debt) Direct Participant (DP), CBID (Bond Dealer) Trades are processed and reconciled daily as well as ensuring that CDMS (Contracts Department Monitoring System) Firm Balancing is completed accurately and in a timely manner. Process rejected trades on the P&S Edit. Process Trade Correction requests (across all Business Lines) ensuring all requested are processed in a timely manner. Work as part of a team, providing backup and support for All functions within the Contracts Department. Assume new roles and responsibilities as assigned, driven by new and changing business requirements.Is this role right for you? In this role you will:

• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Perform the following functions on a daily basis;
• Monitor and address Scotia DP Equity and Debt trades differences ensuring requirements are met.
• Ensure all Bond Dealer trades are matched.
• Balance CDMS and make appropriate adjustments for both 061 and 191.
• Review P&S Edit trades, relay information and process required entries for both 061 and 191.
• Monitor all extended settlement trades to ensure all trades are validated.
• Resolve any issues as discovered on reconciliation report.
• Process Trade Correction amendments or cancellation requests across all Business Lines received through email or Webpost.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursue 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.
• Champion a high performance environment and contributes to an inclusive work environment.

The Must Haves:

• Knowledge of Broadridge systems (HOD, OnDemand, CDS, webpost)
• Knowledge of Microsoft office (particular excel)
• Ability to provide reliable and timely responses professionally to direct inquiries
• Knowledge of Brokerage industry, particularly related to trade processing, balancing and security codes.
• Strong communication and Organizational skills

Location(s): Canada : Ontario : TorontoScotiabank 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 . 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.

Expected salary

Location

Toronto, ON

Job date

Fri, 30 Aug 2024 03:30:59 GMT

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