Scotiabank

Requisition ID: 269547

Join our team! 🌟

Would you like to complete your internship with an organization that has been in the market for more than 35 years, dedicated to improving our customers’ financial well-being through comprehensive and innovative solutions? 🏛

Purpose

Contributes to the overall success of the GWO Confirmations - Securities Settlements team globally ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensure all activities conducted follow governing regulations, internal policies and procedures.

Accountability

• Ensure the timely, accurate execution of the full settlement lifecycle across markets.
• Ensures timely confirmation of trades by tracking unmatched transactions across the unit & proactively analyzing/addressing root causes.
• Provides insight and support to management during planning, organizing and successful implementation of projects affecting the unit’s operations.
• Proactively supports management efforts to monitor group activity to ensure internal control procedures remain effective, are understood and adhered to.
• Supports management efforts to motivate staff, increase individual performance, execute a robust training schedule and assign workstation responsibilities fairly.
• Ensure a high degree of operational efficiency, processing accuracy, and conformity to Bank regulation
• 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, 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 Guidelines for Business Conduct.
• Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment, communicating vision/values/business strategy and managing succession and development planning for the team.

Reporting Relationships (Job Titles only)

Primary Manager: (include secondary Manager if applicable) • Sr. Manager, Securities Settlements

Direct Reports:

Shared Reports (solid/dotted if applicable):

Dimensions

Products handled:

• Fixed Income
• Equities
• FX
• Futures
• Derivatives
• Energy Commodity Derivatives

Main-frame systems supported:

• Wallstreet - Money Market
• Broadridge (BPS / Impact / GLOSS)
• Depositories (BNP / CDS / Citibank / Clearstream / DTC / FED)

Other software applications used:

• Anvil FI
• MMI
• Arrow
• ADP
• Impact
• Escape
• Jira
• Gloss
• Xceptor: Confirmation Hub

Education / Experience / Other Information (including only those that are specific to the role)

• Bachelor's degree in finance, economics or related roles.
• 2-3 years of experience in financial services ideally within reconciliation procedures.
• 2-3 years Capital Markets industry experience/knowledge; ideally within Securities Settlements.
• Experience in securities settlements across multiple asset classes and markets.
• Strong knowledge of global settlement systems (such as DTC, Euroclear, and Clearstream), deep understanding of regulatory frameworks (SEC rules, CSDR, SWIFT/ISO standards), and proven ability to resolve settlement exceptions, manage fails, and coordinate with brokers, custodians and optimize settlement processes in a high‑pressure, time‑sensitive environment.
• Excellent technical skills (VBA, SQL, PowerBi, Python, R).
• English level advanced.

Working Conditions

Work in a standard office-based environment; non-standard hours are a common occurrence. Travel may be required on an exception basis.

Location(s): Colombia : Bogota : Bogota

Why choose us? 👀👀

💻 We are an international, modern, and digital bank.

⏱ Work-life balance matters to us — we are the first bank in Chile to reduce the workweek to 39 hours!

📚 Continuous learning and development — participate in projects, conferences, and events that help you build new skills and gain relevant knowledge.

🌈 We are diverse and inclusive.

At Scotiabank, inclusion is part of the way we do business 💜. his opportunity is open in accordance with Law 21.015. If you require any reasonable accommodation to participate in the recruitment process, please let us know 🤝.

Don’t hesitate to apply — join us on this journey and become our next Scotiaintern! 🚀.