Is this role right for you? In this role you will: Perform Canadian Derivatives Clearing Corporation (CDCC)/Option Clearing Corporation (OCC) reconciliation & process settlement Support the Institutional Equity Option Trading line to process give ups of CAD and US listed option trades Process option assignment/exercise and option transfer between brokers Monitor and facilitate pledged securities Escrow Monitor illogical & pair off report for CDCC items and take appropriate action Process CDCC series adjustments Take appropriate action for institutional execution and settlements Submit FIFO information on OCC & CDCC Report Options Positions to the TMX/CDCC regarding holdings over established regulatory thresholds Monitor corporate actions, ensuring special settlement instructions are reflected in the appropriate accounts Cross train and provide coverage on other areas of the department such as Trade correction, Canadian & US Clearing Desks,



and any new desks as required Work with the team to complete requirements of Option weekly/monthly expiry Provide client service in accordance with Scotia Service Standards Acquire & maintain knowledge of all systems required to complete tasks in an efficient manner Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have: A University Degree or College Diploma or equivalent Canadian Securities Course (CSC) or working towards is an asset A foundational knowledge of options, including concepts such as call and out options, long vs. short positions & option expiry Experience with or familiarity in using trade reporting systems such as Arrow, AS400, BPSA, Webpost, On Demand OAES and Broadridge products (pertaining to trade processing) Experience with CDCC and OCC derivatives clearing systems/platforms for clearing of options Solid working knowledge of Microsoft Office products, including Excel A focus on attention to detail, with a strong emphasis on accuracy in aspects of reconciliation Robust analytical skills to assess trade-related issues logically and resolve effectively An ability to multitask effectively and to complete tasks efficiently and accurately, often under time constraints Effective verbal and written communication skills, with the ability to remain calm, organized, and professional in high-pressure situations

📌 Derivatives Clearing Officer (Toronto)
🏢 Scotiabank
📍 Toronto