Director, Government Finance and Public Sector Derivatives, Global Banking and Markets - Toronto

Scotiabank; Toronto; On-site; CAD 80,000 - 110,000; Full time

Job summary

A leading Canadian bank in Toronto is seeking a seasoned professional in derivatives for its capital markets division. The role involves serving as the primary point of contact for a variety of government debt issuers and collaborating closely with sales and trading teams to provide insights and solutions. Candidates must have significant experience in capital markets and a strong analytical background. The offer includes a supportive work environment focused on employee well-being and inclusivity.

Benefits

Flexible benefit programs

Focus on holistic well-being

Qualifications

• 10+ years of experience in capital markets or derivatives.
• Knowledge of regulatory frameworks related to public sector funding.
• Ability to collaborate across global teams.

Responsibilities

• Serve as primary contact for derivatives with government debt issuers.
• Collaborate with stakeholders on derivative-based solutions.
• Cultivate client relationships and identify cross-selling opportunities.

Skills

Derivatives knowledge

Analytical skills

Quantitative skills

Client relationship management

Education

Bachelor's degree

CFA or MBA

Job description

Overview

Requisition ID: 239086

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

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

What You’ll Do

• Serve as the primary contact point on the derivatives side for a range of government debt issuers, including global SSA and Canadian public sector entities, supporting both capital markets activities and broader institutional relationships.
• Collaborate closely with internal and external stakeholders across global offices to deliver derivative-based solutions as part of new issue recommendations and internal asset-liability management (ALM) strategies.
• Partner with sales and trading teams—within compliance boundaries—to provide market updates, insights, and research as needed.
• Cultivate and expand client relationships, while identifying cross-selling opportunities across other product areas and business lines.
• Foster a high-performance culture by implementing a people strategy that attracts, retains, and develops top talent. Promote an inclusive work environment, apply a coaching mindset, and lead succession and development planning for the team.

What You’ll Bring

• Bachelor’s degree required; CFA or MBA is considered an asset.
• Minimum of 10 years of experience in derivatives, public sector coverage, or related capital markets roles.
• In-depth knowledge of derivative instruments and their application in public sector funding.
• Strong understanding of SSA and Canadian public sector issuer profiles, funding programs, and relevant regulatory frameworks.
• Exceptional analytical and quantitative skills, with familiarity in risk systems and pricing tools.
• Proven ability to collaborate effectively across global teams and navigate complex organizational structures.

Work Arrangement

This position is currently an on-site role, with the expectation that you will work 5 days a week in the office. Please note that this is subject to change based on the needs of the business.

Interested?

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What’s in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

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.