Hedge Fund Risk & Credit Manager

Scotiabank; Toronto; On-site; CAD 110,000 - 160,000; Full time

Benefits offered by this job

Performance bonus

Employee Share Ownership Program

Pension Plan Matching

Health Benefits from day one

Job summary

Scotiabank in Toronto, Canada is seeking a Manager to lead credit risk adjudication and ongoing monitoring of hedge funds portfolios. You will collaborate with GBM lines to evaluate credit and market risks, support due diligence calls, and drive reporting for senior management.

The role emphasizes analysis of credit, liquidity, and risk metrics; participation in governance meetings; and development of data analytics with technology teams to enhance portfolio insights.

Qualifications

• 3+ years institutional counterparty credit experience in a large financial institution.
• Experience in Hedge Funds and/or other investment vehicles risk management.
• Solid knowledge of Secured Financing Transactions and derivatives.
• Market Risk experience is highly preferred.
• Excellent interpersonal and communication skills, both written and oral.
• MBA or CFA qualifications are preferred but not mandatory.
• Previous Credit Risk or Banking experience required.

Responsibilities

• Approve, maintain and manage credit exposure to Hedge Funds clients across derivatives and secured financing transactions.
• Conduct proactive risk management of the Hedge Funds Portfolio for assigned accounts.
• Partner with banking, business line and market risk colleagues to evaluate and mitigate risks.
• Participate in Hedge Fund client due diligence calls/meetings and maintain ongoing monitoring of the portfolio.
• Conduct Credit and Market risk analysis of business requests with concise commentary and recommendations.
• Assist in presenting credits to Senior Management and the Senior Credit Committee.

Skills

Counterparty credit risk

Hedge funds risk

Derivatives knowledge

Market risk experience

Interpersonal skills

Time management

Work in fast-paced environment

Education

MBA

CFA Charter

Job description

Scotiabank in Toronto, Canada is seeking a Manager to lead credit risk adjudication and ongoing monitoring of hedge funds portfolios. You will collaborate with GBM lines to evaluate credit and market risks, support due diligence calls, and drive reporting for senior management.

The role emphasizes analysis of credit, liquidity, and risk metrics; participation in governance meetings; and development of data analytics with technology teams to enhance portfolio insights.