Assistant Manager, MCM - Fixed Income Middle Office - Dallas, TX

Senior Analyst, MCM - Fixed Income Middle Office

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries!

Purpose: Contributes to the overall success of the Fixed Income Middle Office in New York 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.

What You'll Do:

• Allocate Agency MBS trades across GNMA, FNMA, & FHLMC 15yr/30yr coupons
• Trade Capture of Agency MBS TBA's, RMBS, CMBS, underwriting and secondary trading
• Facilitate RTTM trade matching, netting, and reporting to FINRA
• Trace Assist the Fixed Income Middle Office team with trade input and capture of Rates, Repo, Corporates, Lat-Am, DCM New Issue Syndicate, CLO & ABS securities.
• Assist the FI Middle Office team to submit Treasury bids to the Federal reserve TAAPS system per instructions from Trading Desk and communicate results.
• Distribute fail reports and ensure the front office sales and trading teams are aware of all fail positions, follow up on aged items to promote settlement.
• Coordinate with external clients to retrieve the trade allocations of block transactions and submit the allocated trades accordingly into the front-end risk capture systems.
• Perform front-office to back-office system (FOBO) reconciliations to ensure that all trades entered flow to the back-office system.
• Facilitate the timely settlement of trades by resolving allocation, trade detail, and instruction discrepancies with clients.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursue 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.
• Champion a high-performance environment and contributes to an inclusive work environment.

What You'll Bring:

• College degree required: Bachelor's Degree
• 2-3 Year minimum of MBS TBA Allocations/specified pools
• Excellent communication and interpersonal skills, including strong written skills
• FINRA NASD S99 License or ability to obtain
• Proficiency in MBSE (MBS Expert), Broadridge Impact

Location(s): United States : New York : New York City || United States : Texas : Dallas