Manager, Capital Markets & Security Settlements

About the role

Scotiabank Group's Bogota unit, ScotiaGBS, is looking for a Manager, Capital Markets & Security Settlements. The role directs assigned operations so that they run efficiently and cost-effectively, with strong management control and customer service, while identifying, analysing and controlling the risks inherent in the operating units. The position reports to the Senior Manager – Securities Settlements and the Director, Security Settlements.

Key responsibilities

• Manage and develop subordinate staff, measure performance through metrics and drive a performance culture through effective people management.
• Manage workflows through capacity management and load balancing, and execute remediation plans for underperformance.
• Develop, negotiate and execute business objectives, and identify improvements in productivity, control, cost effectiveness and user/customer relations.
• Maintain an effective organisation structure, follow the Management Control Program and escalation matrix, and resolve operational problems so they do not recur.
• Stay informed about industry and internal changes, develop and run change strategies and communications, and take part in training sessions.
• Advise on manuals, guides and procedures, and on daily changes in retail and trading products affecting securities clearing.
• Understand Scotiabank products and offerings, securities markets, security types and industry standards for custody.

Required profile

• Bachelor's degree in Economics, Finance or a related field.
• 3 years of experience in a management role, including coaching and performance appraisals, with relevant industry exposure.
• Experience in global securities, custody and capital markets.
• Advanced English.
• Ability to handle high reputational and compliance/regulatory risk and to work in a rapidly changing environment.

Required skills

• Expert knowledge of domestic and foreign securities industry conventions and regulations, and of securities operations' processes, systems and controls across multiple locations.
• Knowledge of settlement systems such as Broadridge (ADP), GLOSS, ICi-Impact, ION MMI, ANVIL, CDS, DTCC, Paramax-Arrow, Clearstream, Euroclear, BNY Mellon, BNP Paribas, Deutsche Bank, HSBC, JPM, Itau Unibanco, LCH/Eurex Bonds and others.
• Project management methodologies, both waterfall and agile.
• Strong communication, leadership, coaching, decision-making and analytical skills.

Candidates apply directly online; only shortlisted candidates are contacted.