Senior Manager, CCR Capital Analytics

Scotiabank; Toronto; On-site; CAD 120,000 - 180,000; Full time

Benefits offered by this job

Performance bonus

Employee Share Ownership Program

Pension Plan Matching

Health Benefits from day one

Job summary

Scotiabank is seeking a Senior Manager to lead CCR Capital Analytics, focusing on CCR/SA-CCR, CVA capital, and related reporting. You will drive end-to-end capital processes, develop analytics capabilities, and coordinate with quants, data scientists, and developers across the Bank.

The role requires deep knowledge of capital models, regulatory requirements, and collaboration with stakeholders to ensure accurate capital measurements and effective governance.

Qualifications

• Excellent written, verbal and presentation skills to advise diverse stakeholders.
• 3+ years of relevant experience in CCR/finance or related fields.
• Ability to manage multiple priorities and work independently or with teams.
• Familiarity with derivative pricing models and CCR capital concepts is a plus.

Responsibilities

• Lead CCR (OTC/SFT) and CVA capital initiatives with stakeholders.
• Implement regulatory requirements across capital processes and reporting.
• Analyze capital processes and develop end-to-end workflows.
• Deliver CCR/CVA capital reporting with quality and accuracy.
• Develop Power BI analytics dashboards for capital reporting.
• Collaborate with front office, technology, and users to resolve issues.
• Automate data quality controls and coordinate with data governance.
• Support audits and respond to regulatory requests.

Skills

Communication skills

Presentation skills

Stakeholder management

Analytical thinking

Tools

SQL

Python

Unix Bash

Git

Docker/Bitbucket

Power BI

Job description

Please be advised that our Careers site will be unavailable from November 28 at 12am ET to November 29 12am ET for scheduled system maintenance.

Title: Senior Manager, CCR Capital Analytics

Requisition ID: 271621
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The CCR Capital Analytics team specializes in Counterparty Credit Default Risk and Credit Value Adjustment (CVA) capital, encompassing methodology, implementation, reporting, analytics and governance. The incumbent will support the development and ongoing maintenance of the Bank’s CCR capital system and will be responsible for producing key reports and conducting related analysis. We are seeking individuals who can help advance large-scale initiatives by working collaboratively with a diverse team of quants, data scientists, and developers, while engaging and collaborating effectively with key stakeholders across Scotiabank.

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

• Lead the CCR (OTC/SFT) and CVA capital initiatives, including proactive monitoring, escalating, and resolving issues impacting capital values, while partnering effectively with key stakeholders across organizations.
• Interpretation and implementation of regulatory requirements across capital processes, reporting, controls, and stakeholder communication. Maintain up-to-date knowledge of regulatory guidance on CCR and CVA capital, actively participate in the CBA meetings, and ensure alignment and full compliance across all related activities
• Conduct quantitative and technical reviews of the capital processes, including implementation and enhancement of end-to-end workflows, applying statistical/mathematical tests, developing new techniques, and coding to assess model performance- while ensuring compliance with internal policies and regulatory requirements
• Report CCR and CVA capital timely with quality, ensuring completeness, accuracy, and consistency
• Deliver ad-hoc capital analysis and collaborate with business lines and financial key stakeholders to support understanding of CCR/CVA) capital calculations. Develop and implement Power BI analytics dashboards for CCR/CVA capital reporting, enabling drill-down analysis and key driver identifications to support capital efficiency management
• Collaborate with front office, technology, and users to support investigations and resolutions
• Develop and automate control processes to proactively identify data challenges affecting accuracy of CCR/CVA capital; Collaborate with data governance to drive resolution.
• Provide direct support to resolve audit and regulatory issues, and actively respond to ad hoc requests from senior management and regulators

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

• Industry certification (e.g. CFA, FRM) are an asset
• Working knowledge of derivative pricing models, CCR default capital (IMM & SA-CCR), CVA modeling, CVA capital (SA-CVA, BA-CVA), and market data, with a minimum of 3 years of relevant experience.
• Familiar with various trading products, including interest rate, foreign exchange, credit derivatives, equities, commodities, and securities financing transactions
• Excellent written, verbal and presentation skills to effectively advise and communicate with diverse stakeholders
• Sound understanding of modeling techniques and ability to conduct various statistical and technical tests.
• Proficient in SQL, Python, Unix bash scripting; familiar with Git and Docker/Bitbucket. Knowledge of databases and BI tools (especially MS Power BI) is an asset.
• Strong ability to manage multiple priorities efficiently, with attention to detail and the ability to work independently or collaboratively. Skilled in building consensus across teams.

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.

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.

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