manager, distribution - logistics

Scotiabank; Toronto; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Manager in Market Risk to join their dynamic team. This role offers a unique opportunity to work at the forefront of market risk management, focusing on capital and stress testing in response to evolving regulations. You will collaborate with various teams to enhance data visualization tools and improve market risk monitoring processes. With a commitment to personal and career development, this position promises a rewarding career path in a supportive and inclusive environment. If you're passionate about finance and risk management, this role is perfect for you.

Benefits

Competitive Rewards Package

Performance Bonus

Company Matching Programs on Pension

Paid Vacation

Medical Benefits

Vision Benefits

Dental Benefits

Personal & Sick Days

Internal Training Programs

Qualifications

• Experience with financial derivatives and regulatory requirements on market risk capital.
• Proficiency in SQL, VBA, and Python for analytical tasks.

Responsibilities

• Analyze market risk capital results and enhance FRTB implementation.
• Prepare daily VaR and Stress testing reports for regulatory submissions.

Skills

Financial Derivatives Knowledge

Attention to Detail

Analytical Skills

Problem-Solving Abilities

SQL

VBA

Python

Education

Master's Degree in Math, Finance, or Economics

CFA Program

FRM Program

Tools

Power BI

Tableau

Job description

Title posted on CareerBeacon - Manager, Market Risk

Posted on April 16, 2025 by Employer details Scotiabank

Job details

Requisition ID: 221797 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. As part of Scotiabank Global Risk Management, the Market Risk Analytics group is at the forefront of managing the Bank's market risk capital and stress testing program in response to current regulatory & market changes and risk management initiatives. The group is responsible for the analysis of market risk exposure, through Value at Risk (VaR), Stress testing and capital, for the full suite of capital markets products. The incumbent will support the team to ensure that enterprise market risk exposure is accurately measured and explained by the market movement and Bank's trading strategies. This role is ideal for a person familiar with capital markets and regulatory requirements with quantitative background and proven interest in market risk management. This is an excellent opportunity to join a tightly collaborative team and build a career in risk management with immense support for personal and career development.

Is this role right for you?

In this role, you will:

1. Collaborate with various groups to analyze market risk capital results and enhance the implementation of FRTB.
2. Enhance current data visualization tools (Power BI/Tableau) for capital-related analytics and reporting.
3. Support enterprise-level market risk monitoring by working with the market risk modeling and technology teams to improve data accuracy and process efficiency.
4. Prepare daily VaR and Stress testing reports among other periodic regulatory submissions; Additionally, develop and implement automated solutions to improve reporting efficiency.
5. Assist with the process documentation and RDARR requirements for market risk.

Do you have the skills that will enable you to succeed in this role?

We'd love to work with you if you have experience with:

1. Strong knowledge of financial derivatives and familiarity with regulatory requirements on market risk capital, with familiarity with the VaR process considered an asset.
2. Superior attention to detail and ability to work collaboratively in a team environment under tight timelines, along with excellent multi-tasking skills and demonstrated accountability.
3. Exceptional analytical and problem-solving abilities, with proficiency in programming languages such as SQL, VBA, and Python, and hands-on experience in PowerBI/Tableau.
4. A Master's degree in a quantitative subject such as Math, Finance, or Economics is preferred, with completion or progression in the CFA and FRM programs considered an asset.

What's in it for you?

We have an inclusive and collaborative work environment that values curiosity & ownership, encourages pragmatic creativity (i.e. true innovation), and celebrates success! An inclusive working environment that encourages creativity, curiosity, and celebrates success! A rewarding career path with diverse opportunities for professional development Internal training to support your growth and enhance your skills Hybrid Work Environment A competitive rewards package that includes a base salary, a performance bonus, company matching programs on pension and profit sharing, paid vacation, personal & sick days, medical, vision and dental benefits that start from day one and much more!

Location(s):

Canada : Ontario : Toronto

Advertised until

2025-05-15