Director (Capital Markets Risk Technology)

Scotiabank; Toronto; On-site; CAD 120,000 - 160,000; Full time

Job summary

A leading bank in the Americas is seeking a Director, Capital Markets Risk Technology, to oversee the risk technology team. The ideal candidate will possess substantial experience in risk management systems and strong leadership skills. Responsibilities include modernizing risk platforms, managing a diverse team, and collaborating with business stakeholders. An inclusive culture, competitive rewards, and opportunities for upskilling are among the benefits offered.

Benefits

Diversity, Equity, Inclusion & Allyship

Tuition assistance and online courses

Flexible vacation and benefits starting day one

Community engagement opportunities

Qualifications

• 8-10 years of experience with risk management systems in capital markets.
• General understanding of Capital Markets and derivatives.
• Software development experience in risk and analytics systems.
• Excellence in people management and developing talent.

Responsibilities

• Lead and mentor a team responsible for risk and analytics platforms.
• Collaborate with technology teams and financial engineering.
• Modernize existing architecture landscape.
• Build relationships with stakeholders.

Skills

Risk management systems experience

Leadership skills

Stakeholder management

Communication skills

Team collaboration

Education

Computer Science Degree or equivalent

Tools

RiskWatch

Job description

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Requisition ID: 240435

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

The Team

Global Banking and Markets Engineering (GBME) is the fast-moving, award-winning technology engine that powers Scotiabank’s Corporate, Investment Banking and Capital Markets businesses.

The Role

The Director, Capital Markets Risk Technology, is responsible for the strategic direction, leadership and oversight of the GBME risk technology team with a focus on centralization, scalability and modernization of the risk and analytic platforms. The successful candidate is a proven technology leader, with experience managing teams and ideally expertise in risk related systems. The role involves close partnership with business stakeholders including Trade floor Risk Management, Front office desks, Financial Engineering and COO. The role will work alongside cross functional engineer leads to design, enhance and support sustainable and scalable solutions for Global Banking and Markets’ risk management.

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

• Lead and mentor a team consisting of senior managers, engineers, business analysts and support staff responsible for risk and analytics platforms.
• Collaborate with other technology teams and financial engineering to ensure consistency and alignment in bank strategy and implementation
• Modernize and simplify existing architecture landscape and move towards a unified design for risk management
• Build and maintain a strong relationship with stakeholders and foster an environment of collaboration
• Keep up to date with technologies, trends and regulations that may impact the business
• Interface other internal business teams such as compliance and internal control, audit
• Ensure all activities comply with internal policies, industry standards, and regulatory requirements.
• Build a high-performance environment and sustain a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment
• Use a coaching mindset and behavior; communicate business strategies and manage succession and development for the team

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

• Minimum 8-10 years of experience with risk management systems in capital markets
• General understanding of Capital Markets and derivatives knowledge
• Experience with risk computational type of systems (e.g RiskWatch), an asset
• Software development experience ideally in building risk and analytics systems
• Strong leadership, stakeholder management, and communication skills.
• Team player and demonstrated ability to collaborate across business and technology groups
• Demonstrated excellence in people management, including coaching, mentoring, and developing talent
• Computer Science Degree or equivalent

Preferred Qualifications

• Familiarity with cloud computing, APIs, and data analytics in financial services

What's in it for you?

• 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 employee 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 each 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.
• Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
• Competitive Rewards program including bonus, flexible vacation, personal, sick days and benefits will start on day one.
• Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs such as hackathons, contests, cooking with friends, Humans of Digital and much more

#LI-Hybrid

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.