Senior Surveillance Manager in London

Senior Manager, Securities Settlements, GWO Settlements & Clearing London | Global Wholesale Operations – Settlements & Clearing Lead critical securities-settlement operations. Drive strategic transformation across a global wholesale-banking platform. Are you looking for an opportunity to combine securities-settlement expertise, operational leadership, risk management and strategic change within a leading global financial institution? We're seeking an experienced and commercially minded Senior Manager, Securities Settlements to lead the EMEA Settlements function within Global Wholesale Operations at Scotiabank in London. You'll lead a product-agnostic team, maintain robust operational controls, minimize settlement risk and failed trades, and drive process improvements across the securities lifecycle. Working closely with Front Office teams, business stakeholders, Risk, Compliance, Audit, Technology and Operations, you'll act as a key escalation point for settlement issues, regulatory matters, control enhancements and strategic change programmes. You'll also collaborate with Global Wholesale Operations teams worldwide to promote consistent operating practices and support global business growth. Lead the EMEA Settlements function, with accountability for the effective settlement of Fixed Income, Equities, Money Markets and Foreign Exchange transactions. Build and manage an entity, product and business-line-agnostic settlements team supporting securities-settlement activity across the local time zone. Provide a high standard of service to business partners, external counterparties and support groups across the Bank. Foster open communication and strong working relationships to support the swift resolution of operational issues and concerns. Implement, maintain and enhance appropriate management controls. Maintain an expert understanding of the regulatory and legal requirements affecting the securities industry, particularly within the European marketplace. Lead and participate in large-scale projects, transformation programmes and system implementations. Ensure failed and failing trades are managed in accordance with established policies and procedures. Oversee the daily identification and reporting of relevant failed trades to trading teams and senior management. Provide effective management oversight to help ensure trades settle on the correct value date. Act as a senior escalation point for settlement issues, change programmes, regulatory matters and control enhancements. Partner with Front Office, Risk, Compliance, Audit, Technology and Operations teams to address complex operational and control matters. Assess the impact of strategic, regulatory, system and process changes on settlement operations. Support consistent operating practices and effective transformation delivery across Global Wholesale Operations. Apply the Bank's risk appetite and risk culture to day-to-day activities and decisions. Maintain effective and efficient operations while ensuring the adequacy and effectiveness of business controls. Help the team meet its obligations relating to operational risk, regulatory compliance, AML/ATF and conduct risk. Build a high-performance environment through effective people leadership, succession planning, development and employee engagement. Foster an inclusive workplace that reflects the team's values and supports the broader business strategy. This role offers the opportunity to combine deep settlements expertise, people leadership, risk management and strategic transformation within a complex international wholesale-banking environment. Leadership responsibility for the EMEA Securities Settlements function. Responsibility for European Foreign Exchange and Treasury operational support. Exposure to activity originating from Global Fixed Income, Prime Services, Collateral Management and Funding businesses. Engagement with major agents and depositories, including BNP Securities Services, Euroclear and Clearstream. Opportunities to lead complex projects, system implementations, and strategic transformation programmes. Senior-level collaboration with Front Office, Risk, Compliance, Audit, Technology and Operations stakeholders. Opportunities to influence operating practices across Global Wholesale Operations teams worldwide. Exposure to complex regulatory, legal and operational-risk matters within the European securities market. A high-performing and inclusive culture that supports continuous learning, professional development, and career growth. We're looking for an experienced, results-focused leader who combines deep settlements knowledge with sound judgement, strong risk awareness, and a collaborative leadership approach. Expert knowledge of global settlements, collateralization and related bank or dealer policies and procedures. A thorough understanding of the risks inherent in global settlements, including settlement, foreign-exchange, interest-rate, and payment risk. Strong knowledge of settlement controls, regulatory requirements, and operational-risk management. The ability to manage change and contribute to major projects or system implementations. Strong organizational and planning capabilities. The ability to work effectively with internal and external clients, counterparties, depositories, agents, sub-custodians, and service providers. The confidence and credibility to engage and influence senior stakeholders across business and control functions. A commitment to building a high-performing, inclusive and customer-focused team culture. The position is based in a standard office environment in London. Non-standard working hours are a common requirement, and limited international travel is expected. Join a Global Platform This is an opportunity to lead an important EMEA settlements function within Global Wholesale Operations, helping protect the Bank, strengthen operational controls, and deliver reliable support to global business lines. You'll oversee complex settlement activity across a broad range of securities and financing products while contributing to strategic transformation, regulatory compliance and operational excellence across Scotiabank's international platform. If you're an experienced settlements professional, confident leading teams and motivated by the opportunity to improve controls, reduce operational risk and deliver meaningful change, we'd love to hear from you. Inclusion and Belonging We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow and participate through our various voluntary Employee-led Resource Groups, which are open to all and span diverse identities, backgrounds, experiences and abilities. Accessibility and Workplace Accommodations We value the unique skills and experiences everyone brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Accommodations, such as accessible interview sites, alternate formats, sign-language interpretation or assistive technology, are available upon request. Please let us know at any time during the recruitment or interview process if you require an accommodation. 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. Candidates must apply directly online to be considered for this role.