Manager, Capital Management (6 month contract)

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

Job summary

A leading bank in the Americas seeks a Manager for Capital Management in Toronto. This role involves quantifying internal credit risk and improving methodologies for capital management. Candidates should have 2+ years in financial risk analytics along with a quantitative degree. An inclusive workplace offers rewards, bonuses, and career progression opportunities.

Benefits

Performance bonus

Employee Share Ownership Program

Pension Plan Matching

Health Benefits from day one

Career development opportunities

Qualifications

• 2+ years of experience in financial risk analytics, quantitative finance, or related fields.
• Bachelor's degree in Math, Science, Engineering, Finance, or Economics required.
• Knowledge of regulatory capital and credit risk metrics is highly desired.

Responsibilities

• Manage production of the Bank's credit risk and capital results.
• Analyze capital results and identify risk drivers.
• Enhance capital calculation processes.

Skills

Analytical skills

Critical thinking

Problem solving

Communication

Data analytics

Machine learning

Programming (Power BI, SQL, Python, R)

Education

Bachelor degree in quantitative subject

Advanced degree

Job description

Requisition ID: 229229

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

As manager, Capital Management, you willa key part of the team who is responsible for the quantification of the Bank’s internal credit risk and concentration risk capital.The main responsibilities include quarterly production of the Bank’s internal credit risk and concentration risk capital results as well as maintaining and improving the Bank’s current model and data methodologies and operational processes.The manager will also work with other team members to manage and improve an interactive capital reporting tool (Power BI).

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

• Working with other team members and technology partners, manage the production of bank’s internal credit risk and concentration risk capital results.
• Analyze capital results by product, portfolio and business lines and identify the risk drivers.
• Develop/maintain model methodologies and update documentations,
• Review and update parameters used in the Bank’s internal models for credit risk and concentration risk.
• Working closely with technology partners, enhance the internal capital calculation processes and improve operational efficiency.
• Develop/maintain capital reporting and analytical tools (e.g. Power BI) in support for business lines’ profitability planning and review activities.

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

• 2+ years’ work experience related to financial risk analytics, wholesale banking, retail, capital markets and/or quantitative finance is required. Strong candidate with no prior work experience will also be considered.
• Bachelor degree in a quantitative subject such as Math, Science, Engineering, Finance or Economics is required. Advanced degree is strongly preferred.
• Superior critical thinking ability and the ability to work under tight timelines.
• Strong verbal and written communication skills and proven problem solving skills required.
• Knowledge in regulatory /economic capital, credit risk metrics, and quantitative finance is highly desired.
• Knowledge and experience in data analytics, machine learning, and Artificial intelligence is desired. Strong programming skills in Power BI, SQL, Python or R are desired.
• Completion or progression in the CFA and FRM programs are assets.
• Demonstrated accountability.

What’s in it for you?

• An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
• Your career matters! You will have access to career development and progression opportunities.

#scotiafinancejobs

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.