Job Description
Requisition ID: 262330
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
As part of Scotiabank Global Risk Management, the Market Risk Analytics group is at the forefront of overseeing and managing the Bank's market risk exposure and capital in response to current regulatory & market changes and risk management initiatives.
The Manager, Market Risk Analytics will work closely with the trading desk and other market risk teams on capital analytics projects to ensure that enterprise market risk sensitivities and capital are accurately measured and analyzed. This role is ideal for a person familiar with capital markets and regulatory requirements with strong market risk and data analysis background. This is an excellent opportunity to join a tightly collaborative team and build a career in risk management with immense support for personal and career development.
Is this role right for you? In this role, you will:
- Ensure business hierarchy alignment and perform comprehensive reconciliation of market risk and capital data to maintain accuracy and consistency.
- Enhance the market risk capital database by integrating more granular data and performing data transformations using advanced coding techniques (SQL/Python).
- Work with technology partners to develop feasible solutions to improve system stability, streamline processes, and enhance production run performance.
- Gather, analyze, and document business requirements, translating them into clear functional specifications for technology partners and ensuring alignment across stakeholders.
- Support User Acceptance Testing (UAT) by validating test results, documenting enhancements, and promptly escalating issues to ensure new features function as intended and meet business requirements.
- Collaborate with various business lines and market risk teams to enhancement the implementation and calculation methodology.
- Develop new functionalities in analyzing market risk capital to meet fast evolving capital markets business needs.
Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with:
- A master’s degree in a quantitative subject such as Math, Finance, or Economics is preferred, with completion or progression in the CFA and FRM programs considered an asset.
- Strong working knowledge of financial derivatives and familiarity with Basel III regulatory requirements on market risk capital.
- Superior attention to detail and the ability to work collaboratively in a team environment under tight timelines, along with excellent multi-tasking skills and demonstrated accountability.
- Exceptional analytical and problem-solving abilities, with demonstrated expertise in developing PowerBI/Tableau dashboards and applying SQL and Python for data analysis and automation.
- Solid business analysis capabilities, including requirements gathering, process mapping, translating business needs into technical specifications, and coordinating with cross‑functional teams to drive delivery of data, analytics, and reporting solutions.
What’s in it for you?
- The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
- A rewarding career path with diverse opportunities for professional development.
- Internal development to support your growth and enhance your skills.
- A competitive compensation and benefits package.
- An organization committed to making a difference in our communities– for you and our customers.
- We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!
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. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.