Analyst, Repo Sales, Global Capital Markets

Requisition ID: 234890

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose

Contributes to the overall success of Collateral Management and Funding (CMF) in Europe and globally ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

This role falls into scope under the Certification Regime and requires the individual to be internally ‘Certified’ as a significant harm function.

Accountabilities

• Interacting with hedge funds, asset managers, money market funds, securities lenders and central banks providing execution in cash, repo and other secured financing products transacted by the Collateral Management and Funding desk (CMF).

• Focus on broadening our footprint in key markets and ensure effective collaboration with other business lines to promote cross sell and enhance our value proposition to clients.

• Maintaining regular contact with client base, provide market color and consistently work on maintaining balance sheet netting ratios at high level for maximizing RoRWA. Similarly use sec lenders to source short collateral & specials, access cash in triparty to fund the divisions fixed income and equity positions.

• Work with Central Securities Depositories and International Central Securities Depositories to identify, on-board and engage with pools of liquidity made available through those platform’s triparty programmes.

• Participate to GMRA/GMSLA negotiation and be the business point of contact for the client onboarding team to ensure smooth progress.

• Staying aware of the securities finance infrastructure landscape – ensuring Scotiabank stays at the forefront of market changes.

• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. Trade within defined trading and balance sheet limits as well as counterparty credit risk limits.

• Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Code of Conduct.

• Contributes to a high-performance environment and fosters an inclusive work environment, supporting the vison/values/business strategy for the team.

Education / Experience

• Experience transacting in a repo or securities lending role
• Ability to communicate and work effectively with management at all levels, with front, middle, and back offices and with relevant support groups
• Must have relevant & recent knowledge of market regs
• Understanding of fixed income and equity markets and their settlement processes
• Analytical and problem-solving skills with attention to detail under pressure

Location(s): England : Greater London : London (UK)

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.