Assistant Manager - Middle Office (GWO)

Requisition ID: 260447 

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

The Role

The Assistant Manager, Middle Office plays a key role in supporting daily operations across CLO and Credit TRS portfolios. This position is responsible for trade lifecycle management, portfolio administration, and client service activities, ensuring accuracy, timeliness, and strong risk and control execution.

The role operates in a fast-paced environment with tight deadlines and requires independent ownership of tasks, along with collaboration across Front Office and internal stakeholders. You will also support the Manager with day-to-day operations, process improvements, and projects, and may provide guidance to junior team members as needed.

Is this role right for you? In this role, you will:

• Independently manage and oversee assigned CLO and Credit TRS portfolios, ensuring timely execution of activities within tight deadlines
• Perform end-to-end trade lifecycle management, including trade control and client service support across CLO and TRS products
• Maintain CLO deals, including daily borrowings, prepayments, accruals, and quarterly settlements
• Track and maintain compliance and financial reporting requirements in line with credit agreements
• Partner closely with Front Office and Corporate Lending Services teams to resolve issues and support business needs
• Identify opportunities to improve operational processes and drive efficiencies across the Middle Office
• Support process improvement initiatives, including requirements gathering, solution design, testing, and implementation
• Resolve complex operational issues and contribute to continuous improvement initiatives
• Ensure all activities comply with regulatory requirements, internal policies, and risk management frameworks (including operational risk, AML/ATF, and conduct risk)

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

Core Experience (Must-Have)

• Experience in middle office, loan operations, corporate lending operations, structured credit operations, or derivatives operations
• Understanding of end-to-end trade lifecycle management (trade capture, validation, settlement, reconciliation)
• Hands-on exposure to structured credit products, including CLOs, TRS, or fixed income derivatives
• Experience supporting operational processes such as settlements, confirmations, reconciliations, or portfolio servicing
  
  

Product & Functional Knowledge

• Understanding of lending/loan lifecycle processes (borrowings, prepayments, accruals, settlements)
• Exposure to credit agreements, compliance tracking, or financial reporting within lending or credit portfolios
• Experience working with Front Office or lending/trading teams on trade or portfolio-related activities

Systems & Technical Skills (Nice-to-Have)

• Experience with Murex, Wallstreet, Summit, or similar trading/operations platforms
• Exposure to PIK (Payment-in-Kind) structures or structured lending products
• Familiarity with Axiam/Axsin or comparable internal/vendor systems
• Proficiency in Excel; experience with SQL, Access, or VBA is an asset

What’s in it for you?

• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities – for you and our customers.
• A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day. 
• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements. 

Location(s):  Canada : Ontario : Toronto 

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.