Remote: Associate Director, Credit Quant & Modeling

Scotiabank; New York (NY); Hybrid; USD 120,000 - 150,000; Full time

Job summary

Scotiabank is seeking an Associate Director, Credit Quant in New York City to develop valuation models for various credit products. You'll focus on creating user-friendly analytics for pricing and hedging, and ensure numerical accuracy and soundness of models.

The role requires a Master's degree in a relevant field and experience in quantitative analysis, programming, and working with financial products like Asset-Backed Securities. A high-performance and inclusive work environment are fostered.

Qualifications

• Master's degree or foreign equivalent in a relevant field and three years of experience.
• Proficient in programming languages C++, Python, and VBA.
• Experience with Asset-Backed Securities and their models.

Responsibilities

• Develop valuation models for ABS, MBS, and other credit products.
• Provide daily quantitative support to the business.
• Ensure day-to-day activities adhere to the bank’s risk appetite and risk culture.

Skills

C++

Python

Quantitative analysis

Model building

Risk management

Education

Master's degree in Mathematics of Finance, Computer Science, Software Engineering, Physics, or related field

Job description

Scotiabank is seeking an Associate Director, Credit Quant in New York City to develop valuation models for various credit products. You'll focus on creating user-friendly analytics for pricing and hedging, and ensure numerical accuracy and soundness of models.

The role requires a Master's degree in a relevant field and experience in quantitative analysis, programming, and working with financial products like Asset-Backed Securities. A high-performance and inclusive work environment are fostered.