Manager, Securities Analytics

Scotiabank; Canada; On-site; CAD 90,000 - 120,000; Full time

Job summary

A leading bank in Canada is seeking a manager for its Market Risk team. The role involves overseeing issuer risk exposure and ensuring compliance with audit requirements. Candidates should possess strong management skills and a deep understanding of capital markets. This position offers an opportunity to work collaboratively across departments to enhance operational efficiency and implement process automation.

Qualifications

• Master's degree or higher in finance or quantitative fields required.
• Knowledge of capital market practices and issuer risk management operations.

Responsibilities

• Manage issuer risk exposure aggregation and reporting.
• Conduct analysis and investigations to ensure data accuracy.
• Collaborate with stakeholders to resolve risk monitoring issues.

Skills

Management

Interpersonal Skills

Analytical Skills

Critical Thinking

Relationship Building

Education

Master's Degree in Finance

Master's Degree in Quantitative Fields

Tools

SQL

Python

Job description

Requisition ID: #

Join a purpose-driven, high-performing team committed to results

As part of Scotiabank’s Market Risk team, the Securities Analytics Group (SAG) manages the Bank’s capital markets exposures in securities globally. This dynamic team responds to changes in the Bank’s initiatives, market conditions, and regulatory environments. The team is responsible for measures under Chapter 2 of the OSFI guideline and monitoring the Bank’s securities-related limits. This manager role is high-profile, overseeing key regulatory and management initiatives. The ideal candidate will have in-depth knowledge of the securities market and issuer risk management.

Key Responsibilities:

1. Manage issuer risk exposure aggregation and reporting.
2. Oversee operational processes ensuring compliance with internal audit requirements.
3. Conduct analysis and investigations to ensure data accuracy and integrity.
4. Identify opportunities for and implement process automation.
5. Collaborate with stakeholders from Market Risk, Front Office, Business Banking, IT, Audit, and other departments to resolve complex risk monitoring issues and enhance operational efficiency.

Functional Competencies:

• Strong management and interpersonal skills.
• Deep knowledge of capital markets and risk management practices.
• Understanding of financial instruments and derivatives.
• Excellent analytical and critical thinking skills.
• Proficiency in SQL and Python programming.
• Ability to craft and present strategic plans to senior management.
• Strong relationship-building skills and ability to garner support.

Education and Experience:

• Master’s degree or higher in finance or quantitative fields (economics, mathematics, physics, engineering).
• Knowledge of capital market practices and issuer risk management operations.
• Experience leading technology projects is a plus.
• Completion of CFA/FRM certifications is advantageous.

Location:

Toronto, Ontario, Canada

About Scotiabank:

Scotiabank is a leading bank in the Americas, guided by our purpose: "for every future." We assist our customers, their families, and communities in achieving success through a broad range of financial services, including banking, wealth management, and capital markets.

We value the unique skills and experiences each individual brings and are committed to an inclusive, accessible environment. If you need accommodations during the recruitment process, please inform our Recruitment team. Candidates must apply online. We thank all applicants; only those selected for an interview will be contacted.