Manager TFRM Global Equity

Scotiabank; Toronto; On-site; CAD 75,000 - 95,000; Full time

Job summary

A leading bank in the Americas is seeking a qualified individual to oversee market risk exposures for Global Equity business lines in Toronto. The ideal candidate will hold a Quantitative degree, and possess strong skills in financial markets, risk analysis, and derivatives valuation. Additionally, familiarity with tools such as Tableau and SQL will be essential. The position offers a collaborative work environment and a competitive rewards package, which include salary, performance bonuses, and medical benefits starting from day one.

Benefits

Competitive rewards package

Paid vacation and personal days

Access to online and in-person courses

Qualifications

• Strong understanding of financial markets and derivatives.
• Experience in quantitative analysis and risk assessment.
• Working experience in data analytics tools like Tableau and SQL.

Responsibilities

• Oversee market risk exposures for Global Equity lines.
• Engage proactively with trading groups on risk communication.
• Review new product proposals and submit recommendations.

Skills

Financial markets understanding

Risk analysis

Derivatives valuation

SQL

Python

VBA

Problem-solving

Ability to work in a fast-paced environment

Education

Quantitative Undergrad (finance, mathematics, statistics, economics, engineering)

Masters preferred

Progress towards/completion of CFA/FRM/PRM

Tools

Tableau

Power BI

Job description

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

Is This Role Right for You?

• Market Risk – Oversee market risk exposures for Global Equity business lines (Equity Derivatives, Structured Notes, and Institutional Equity). Communicate to TFRM management on trading risks, trader sentiment and market conditions. Ensure adherence with Bank’s risk appetite and the business mandate. Review daily risk and limit reports, and engage in discussions with the business as appropriate.
• Partnership with Trading – Engage trading groups in a proactive manner to promote open communication between risk and trading.
• New Product & Limit Adjudication – Review new product proposals and make recommendations to TFRM management on limit requests.
• Communication – Communicate regularly with TFRM management on trading activity, trading risk profile, trader sentiment and market developments in covered businesses. Collaborate with other Bank stakeholders to achieve common goals.
• Regulatory & Audit – Participate in external and internal audits, and key regulatory initiatives.
• Valuation – Recommend changes in valuation methodology as needed. Maintain valuation governance documents (Official Rate Source Document, Master Configuration and Valuation Reserve Summary) for covered products. Identify risk taking activities and valuation issues through oversight of daily P&L attribution and Independent Price Verification (IPV).
• Technology – Participate in enhancement / upgrade of production and risk systems as needed.

What Do You Need to Succeed?

• Quantitative Undergrad (e.g. finance, mathematics, statistics, economics, engineering) plus Masters preferred. Progress towards/completion of CFA/FRM/PRM an asset.
• Strong understanding of financial markets, risk analysis and derivatives valuation. Understanding of VaR and Structured Notes pricing is preferred.
• Working experience with Tableau, Power BI, SQL and programming using Python, VBA.
• Ability to work in a fast‑paced environment.
• Exceptional problem‑solving skills.

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!
• You’ll get to work with and learn from an incredibly friendly and diverse group of accomplished leaders.
• Access to thousands of online and in‑person courses so you can brush up on skills, or learn new ones.
• Multiple career paths and innumerable progression opportunities. We hire you for your talent and not just for the job. We want to see you succeed not just in your role but in your career as a whole.
• 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

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.

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.