Director, EGB/SSA/Covered Cash Trader, FICC

Scotiabank; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

Join a purpose-driven team at a leading bank in the Americas, contributing to the London cash hub trading EGBs and EUR SSA. This role requires dynamic market-making skills and a keen understanding of financial instruments. You will promote secondary trading, drive initiatives to expand the franchise, and manage market-making books while ensuring compliance. With a focus on holistic well-being, this inclusive environment values diverse skills and experiences, making it an exciting opportunity for those looking to make an impact in the financial services sector.

Benefits

Flexible benefits

Holistic well-being support

Qualifications

• Experience in EGB and EUR SSA market making is essential.
• Strong client relationships and risk management skills are required.

Responsibilities

• Promote market-making and information services for EGB bonds.
• Drive initiatives to expand the franchise’s reach and grow revenue.

Skills

EGB and EUR SSA market making

Financials/covered bond market making

Client relationship management

Risk management

Education

Undergraduate Degree in Economics

Tools

Bloomberg

Market Axess

Tradeweb

Candeal

Brokertec

Job description

Requisition ID: #

Join a purpose-driven, results-oriented, and inclusive high-performing team.



Title:
Director, EGB/SSA/Covered Cash Trader, London

Position & Team Overview/Highlights:

Contributes to the success of the London cash hub trading EGBs (Germany and France specific) and EUR SSA/Covered, ensuring the execution and delivery of individual goals, plans, and initiatives in support of the team’s business strategies. Ensures all activities comply with regulations, internal policies, and procedures.

This role is within the scope of the PRA/FCA Certification Regime and requires internal certification as a significant harm function.



What You’ll Do:

- Promote the London cash hub secondary trading franchise by providing market-making and information services for the bank’s global client base across time zones, focusing on EGB bonds (Germany and France), EU SSA, and EU covered bonds.

- Drive new initiatives across products and currencies aligned with local and global strategies to expand the franchise’s reach and grow revenue.

- Confidently use cash and derivative instruments to maintain and risk-manage the market-making books, ensuring compliance with set limits at all times.


What You’ll Bring:

- Undergraduate Degree in Economics
- FCA Registration
- EGB and EUR SSA market-making experience
- Financials/covered bond market-making experience
- Existing client relationships
- Systems knowledge including Bloomberg, Market Axess, Tradeweb, Candeal, Brokertec, etc.

- Successful completion of the NFA’s Swaps Proficiency Requirement (SPR) before engaging in in-scope activities.


Interested?

If your experience closely relates but doesn’t match every qualification, we encourage you to apply — you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their potential, respected for who they are, and embraced for their differences. We aim to grow and diversify our talent and foster a performance-oriented culture.

What’s in it for you?

We want you to bring your best self to work and life every day. Our flexible benefit programs support your family, financial, physical, mental, and social health needs.

Location: Greater London, UK

Scotiabank helps customers and communities achieve success through a broad range of financial services. We value diverse skills and experiences and are committed to an inclusive environment. Please inform us if you require accommodations during the recruitment process. Candidates must apply online. We thank all applicants; only those selected for interviews will be contacted.