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Manager, Network Management, Custody Services, Global Transaction Banking - Toronto, ON

Scotiabank1 day ago
Verified
Toronto, ON
Mid Level

About the role

Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Small Business, Commercial and Corporate clients with effective treasury management solutions coupled with a best-in-class service model, making it easy for clients to do business with us.

As businesses build their digital capabilities and transform their operating models, their payment needs are evolving too. Boasting a unique global footprint, GTB’s comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline and simplify payments, improve working capital performance, and mitigate financial risk.

At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization.

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

Purpose A Network Manager will oversee and manage a network of bank-approved Custodians, Depositories, and Tri-Party agents. They will be pivotal in fostering and maintaining strong relationships with these entities to streamline network operations and align them with the bank’s business strategies and goals.

What You’ll Do:

  • Network Manager serve as the primary relationship point of contact for bank-approved Custodians, Depositories, and Tri-Party agents, supporting strategic business decisions related to new ventures and market expansion.
  • Maintain strong relationships with the Custodians, Depositories, and Tri-Party agents and negotiate terms, and manage contracts to align with our business strategies and ensure seamless workflows.
  • Conduct regular service reviews and assess the performance of Custodians, Depositories, and Tri-Party agents to enhance the quality of service provided to the bank.
  • Collaborate with Legal, Compliance, KYC, and Anti-Money Laundering (AML) departments to ensure new business relationships comply with regional regulatory requirements and Scotia’s firm-wide risk and control measures.
  • Facilitate communication between external and internal stakeholders to uphold global operational and regulatory standards.
  • Provide support to Internal and External Auditors in meeting year-end and ad-hoc audit requirements.
  • Provide subject matter expertise on projects requiring Network Management support.
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of his/her 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.

What You'll Bring:

  • 3-5 years of experience in financial services with focus on Capital Markets or related field.
  • Prior experience in Network Management preferred.
  • Comprehensive understanding of financial markets, key players, and custody/cash products and operations.
  • Ability to manage tasks involving numerous internal and external stakeholders.
  • Demonstrated capability to meet deadlines with urgency and accuracy through effective time management, including goal setting, planning, prioritizing, scheduling, and monitoring.
  • Strong knowledge of industry initiatives and developments in the Cash and Securities sector.
  • Bachelor’s degree in Business, Finance, or a related field.
  • Certifications related to capital markets are a plus.

#LI-Onsite #GTB2025

Interested?

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance- oriented culture.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

About Scotiabank

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