Manager, Securities Analytics

Scotiabank; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

A leading banking institution in Toronto is seeking a Manager for its Market Risk team. The successful candidate will oversee Issuer Risk exposure management and collaborate with various departments to enhance operational efficiencies. A Master's in finance or quantitative fields and strong analytical skills are required. The role offers a competitive rewards package, including medical benefits from day one and opportunities for professional development.

Benefits

Competitive rewards package

Professional development opportunities

Inclusive work environment

Qualifications

• In-depth knowledge of capital markets and risk management practices.
• Knowledge of the operational practice of managing issuer risk and securities aggregation as asset.

Responsibilities

• Manage the Issuer Risk exposure aggregation and reporting.
• Liaise with stakeholders to resolve complex risk monitoring issues.

Skills

Strong management and interpersonal skills

Strong analytical and critical thinking skills

Good programming skills in SQL and Python

Education

Master's degree or higher in finance or other quantitative fields

Job description

Overview

Requisition ID: 236584

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

As part of Scotiabank’s Market Risk team, the Securities Analytics Group (SAG) is at the forefront of managing the Bank’s capital markets exposures in Securities globally. This is a dynamic group as it must respond to changes in the Bank’s initiatives as well as changes in market and regulatory environments. The team is responsible for measures under Chapter 2 of the OSFI guideline and the monitoring of the Bank’s securities related limits.

This manager role is a high-profile position responsible for a number of important regulatory and management initiatives. The successful candidate is expected to have an in-depth knowledge of the securities market and the management of Issuer Risk exposures.

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

Responsibilities

• Manage the Issuer Risk exposure aggregation and reporting
• Manage operational process and ensure compliance with internal audit requirements
• Conduct analysis and investigation to ensure data accuracy and integrity
• Investigate opportunities and implement process automation
• Liaise with stakeholders from Market Risk teams, the Front Office, Business Banking, IT, Audit and other departments to resolve complex risk monitoring issues, and improve operational efficiencies

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

Qualifications

• Master degree or higher in finance or other quantitative fields (economics, mathematics, physics or engineering)
• Knowledge of the capital market practices
• Knowledge of the operational practice of managing issuer risk and securities aggregation as asset
• Experience in leading technology projects an asset
• Completion of CFA/FRM an asset
• Strong management and interpersonal skills
• In-depth knowledge of capital markets and risk management practices
• In-depth knowledge of financial instruments and derivatives
• Strong analytical and critical thinking skills
• Good programming skills in SQL and Python
• Excellent skills in crafting and presenting strategic plans to senior management
• Ability to build strong relationship and enlist supports

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
• 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: 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.