Posted 5 days ago
Assistant Manager, Derivative Settlements Operations, Settlements & Clearing (18-Month Contract GWO)
@ Scotiabank
Toronto, Ontario
Overview
Scotiabank is hiring an Assistant Manager, Derivative Settlements Operations, on an 18-month contract in Toronto. The role oversees daily settlements, accounting break investigations, rate reset notifications and MTM reporting for OTC derivative products. The posting states hybrid work between core hours of 8:30am and 6pm, with extended hours at peak periods and statutory holiday coverage.
Responsibilities:
- Oversee daily derivative settlements and process controls
- Investigate daily, monthly and annual accounting breaks
- Send rate reset notifications and complete rate reset tasks
- Serve as first point of contact and subject matter expert for the settlements team
- Identify and mitigate operational risks, including cross-training and SOP review
Requirements summary:
- University bachelor's degree
- Solid understanding of OTC derivative products
- 3 to 5 years of capital markets operations experience
- Previous settlement experience preferred
Tools & skills
Benefits mentioned
Source and dates
Employer career site / ATS feed · successfactors
- Employer posting date
- 2026-11-01
- First seen by our source
- 2026-11-02
- Source record updated
- 2026-11-05
These dates describe the source record, not a live verification that the employer is still hiring. Check the original posting.
Job details
| Seniority | Mid level |
| Department | Finance & accounting |
| Experience | 3+ years |
| Schedule | day, evening, holidays, overtime |
| Travel | air: none · ground: none |
| Work setting | Office |
| Position | Mostly sitting |
| Physical demands | physical low · computer high |
| Education | Bachelor’s degree (required) |
| Perks mentioned | Generous paid time off, Flexible hours, Performance bonus |
Summary and details written by AI from the posting; the employer’s posting is the authority.
Scotiabank
Saved company profile
Historical company information from a saved The Jobs API profile (LinkedIn/Crunchbase fields). It is not live-verified; figures may have changed. Missing values remain unknown.
Full company description
Welcome to Scotiabank. We serve thousands of customers, families, and communities across the globe, helping them achieve success through advice, products, and services. Follow for news, insights, thought leadership and more. Our disclaimer:
- LinkedIn followers
- 1,518,101
- People associated on LinkedIn
- 91,736
- Reported office locations
- 40 King St W, Toronto, Ontario M5H, CA
- Bosque de Ciruelos 120, Miguel Hidalgo, CDMX 11700, MX
- Calle Dionisio Derteano 102, San Isidro, Lima 15047, PE
- Business categories
- Finance
- Banking
- Asset Management
- Financial Services
- Other recorded names
- Scotiabank
- Specialties
- Banking
- Wealth Management
- Investment Banking
- and Technology
- Profile identifies a recruitment agency
- No
- Reported total investment
- 1,066,913,622
Currency and observation date were not supplied; this is not a current valuation or a funding round.
Welcome to Scotiabank. We serve thousands of customers, families, and communities across the globe, helping them achieve success through advice, products, and services. Follow for news, insights, thought leadership and more. Our disclaimer:
| Field | Value |
|---|---|
| Industry | Banking |
| Company size | 10,001+ employees |
| Headquarters | Toronto, Ontario |
| Organization type | Public Company |
| Specialties | BankingWealth ManagementInvestment Bankingand Technology |
| Open jobs on Jobsy | 868 |
| View page |
Requisition ID: 278193
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
Contributes to the overall success of Derivative Settlements Operations / Settlements and Clearing in Canada ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted follow governing regulations, internal policies, and procedures.
Is this role right for you? In this role, you will:
|
Dimensions
- Support GBM Front Office, Product Control, Technology
- Global (North America, London/Europe, Latin America, Asia Pacific
- K2/PEAK, S1, Bloomberg, Reuters, SWE, SPG, Scotia Connect, Corona, TLM, JIRA
- Regulatory bodies - OSFI, CFTC, CASS
Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:
- University Bachelor's Degree
- Solid understanding of OTC Derivative products
- 3-5 years of experience working in Capital Market Operations
- Previous Settlement experience preferred
Working Conditions
- Hybrid work arrangement between core operational hours 8:30am -6pm
- Extended standard hours are a common occurrence during peak periods and for purpose of coverage.
- Coverage on Statutory holidays to support global operations
What’s in it for you?
- Opportunity to engage with various GBM business groups on KYC/AML topics and client outreach activities
- Opportunity to enhance knowledge of GBM’s global product offering, business lines and functional processes, as well as gain exposure to the overall bank
- Opportunity to build strong strategic relationships across broad partner and stakeholder groups within GBM globally and across the bank
- Be a key member of a dynamic and engaged team with strong leadership and focused personal and career development support
- A rewarding career path with diverse opportunities for professional development
- An organization committed to making a difference in our communities – for you and our customers.
- A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
- 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 employees 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 every 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.
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.
Note: All postings in me@Scotiabank will remain live for a minimum of 5 days.
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