Senior Manager, US Counterparty Risk – Hybrid

Scotiabank; New York (NY); Hybrid; USD 121,000 - 231,000; Full time

Job summary

Scotiabank is seeking a Senior Manager, US Counterparty Risk in New York to oversee CCR reporting for SCUSA and SBUS, focusing on risk metrics, PFE, and regulatory compliance. You will lead cross‑functional collaboration with GBM, trading, data providers, and control functions to strengthen risk controls and reporting accuracy.

You will partner with stakeholders across front to back offices to assess stress scenarios, margin needs, and model limitations while driving infrastructure improvements

Qualifications

• Analyzing large data sets and extracting insights.
• Experience with mathematical modeling of financial risks.
• Managing financial risk in market and counterparty credit risk.
• Interacting with front-to-back office, auditors, regulators, and external parties.

Responsibilities

• Oversee CCR reporting for SCUSA and SBUS including PFE and risk metrics.
• Monitor exposures across futures, options, and asset classes; assess margin sufficiency.
• Lead review and communication of credit risk exposures for repos, securities lending, prime services, and derivatives.
• Assess stress scenarios, tail risks, PFE, and related modeling assumptions.
• Collaborate with trading desks, data providers, and control teams to improve reporting timeliness.
• Enhance CCR reporting infrastructure via Power BI dashboards and system enhancements.
• Support governance, internal audits, FRB requests, and policy updates.
• Foster a high-performance, inclusive team environment and talent development.

Skills

Data analysis

Quantitative finance

Risk reporting

Stakeholder liaison

Education

Bachelor's or Master's in Finance/Mathematics/Statistics

Tools

Bash

Python

C++

Job description

Scotiabank is seeking a Senior Manager, US Counterparty Risk in New York to oversee CCR reporting for SCUSA and SBUS, focusing on risk metrics, PFE, and regulatory compliance. You will lead cross‑functional collaboration with GBM, trading, data providers, and control functions to strengthen risk controls and reporting accuracy.

You will partner with stakeholders across front to back offices to assess stress scenarios, margin needs, and model limitations while driving infrastructure improvements