LATAM Counterparty Credit Risk Director - Regional Lead

Scotiabank; New York (NY); On-site; USD 185,000 - 311,000; Full time

Job summary

Scotiabank is seeking a Director, Counterparty Credit Risk, LATAM Lead, based in New York City, to drive regional CCR standards across LATAM while aligning with Global CCR and local risk teams.

The role demands substantial CCR experience, derivatives and SFT knowledge, and the ability to lead governance, stress testing, and risk appetite processes with cross‑functional partners across Credit Officers, Legal, and front‑office.

Qualifications

• Extensive experience in counterparty credit risk (CCR) across multiple jurisdictions.
• Strong knowledge of derivatives and securities financing transactions (SFTs).
• Familiarity with CCR frameworks, risk appetite, limits and stress testing.

Responsibilities

• Lead LATAM CCR governance and regional leadership across local CCR and Risk teams.
• Develop and enhance the LATAM CCR framework covering derivatives, SFTs, margin lending and related exposure metrics.
• Establish and monitor regional risk appetite, limits, escalation thresholds and independent challenge.
• Oversee LATAM CCR stress-testing program with LATAM-specific risk factors and scenarios.
• Drive standardization of legal documentation and credit terms in collaboration with Legal and Credit teams.
• Represent LATAM CCR in regional/global risk committees and coordinate with internal stakeholders and regulatory examinations.

Job description

Scotiabank is seeking a Director, Counterparty Credit Risk, LATAM Lead, based in New York City, to drive regional CCR standards across LATAM while aligning with Global CCR and local risk teams.

The role demands substantial CCR experience, derivatives and SFT knowledge, and the ability to lead governance, stress testing, and risk appetite processes with cross‑functional partners across Credit Officers, Legal, and front‑office.