Requisition ID: 228237
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

As part of Scotiabank Global Risk Management, the Market Risk Analytics group is at the forefront of overseeing and managing the Bank's market risk exposure and capital in response to current regulatory & market changes and risk management initiatives.

The incumbent will work closely with the trading desk and other market risk teams on capital analytics projects to ensure that enterprise market risk sensitivities and capital are accurately measured and analyzed. This role is ideal for a person familiar with capital markets and regulatory requirements with quantitative background and proven interest in market risk management. This is an excellent opportunity to join a tightly collaborative team and build a career in risk management with immense support for personal and career development.

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

• Ensure business hierarchy alignment and perform comprehensive reconciliation of market risk and capital data to maintain accuracy and consistency.
• Develop feasible solutions to improve system stability, streamline processes, and enhance production run performance.
• Enhance the market risk capital database by integrating more granular data and performing data transformations using advanced coding techniques (SQL/Python).
• Review and enhance the current capital allocation methodology and collaborate with various groups for a more integrated solution.
• Collaborate with various business lines and market risk teams to enhancement the implementation and calculation methodology.
• Develop new functionalities in analyzing market risk capital to meet fast evolving capital markets business needs.

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

• Strong working knowledge of financial derivatives and familiarity with Basel III regulatory requirements on market risk capital.
• Superior attention to detail and the ability to work collaboratively in a team environment under tight timelines, along with excellent multi-tasking skills and demonstrated accountability.
• Exceptional analytical and problem-solving abilities, with high proficiency in programming languages such as SQL, VBA, and Python, and hands-on experience with PowerBI/Tableau.
• A master's degree in a quantitative subject such as Math, Finance, or Economics is preferred, with completion or progression in the CFA and FRM programs considered an asset.

What's in it for you?

• We have an inclusive and collaborative work environment that values curiosity & ownership, encourages pragmatic creativity (i.e. true innovation), and celebrates success!
• An inclusive working environment that encourages creativity, curiosity, and celebrates success!
• A rewarding career path with diverse opportunities for professional development
• Internal training to support your growth and enhance your skills

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.