Associate Director, Global Analytics and Financial Engineering (Contract) Job in Toronto for Scotiabank | Jobs.ca
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Associate Director, Global Analytics and Financial Engineering (Contract)

April 21 2021
Industries Bank, Insurance, Financial services
Categories Accounting, Finance, Accounting, Finance, Engineering, Forensic accounting, Fraud, Transport, Logistics, Supply Chain, Purchasing
Toronto, ON

Requisition ID: 103178

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Associate Director, Global Analytics and Financial Engineering (12 month contract)


Why work for Scotiabank?


Scotiabank is among the largest banks in the world and the most international bank in Canada. We are powered by our 97,000 high-performing teammates who make a real difference across the globe as a leading provider of advice, products, digital experiences, and financial services. Together with our Digital Factories around the world, we are dedicated to helping our 25 million customers become better-off.

This is a place where you’ll get to learn and develop your skills, while being recognized for your hard work. At Scotiabank, we’re passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy. Say hello to a career at Scotiabank!


Global Banking and Markets

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.


Position:

As the Associate Director, you will Contribute to the overall success of the Global Analytics and Financial Engineering in Canada ensuring specific individual goals, plans, initiatives are executed/delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.


Accountabilities:

  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Develops valuation models for interest rate derivatives products, and ensures the theoretical soundness, the numerical accuracy, and the implementation correctness of these models
  • Develops robust, reliable and user friendly front office analytics for pricing, hedging, risk management and P&L attribution for both intraday and end of day
  • Provides daily and on demand quantitative support to the business in a timely manner related to valuation, risks, PnL attribution, hedging and so on
  • Provides subject matter expertise to model stakeholders such as the business, risk management, audit, product control and technology groups during and post of the model implementation
  • Forms a close partnership with the business to deliver models and analytics to production from end to end with limited supervision
  • Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
  • Champions a high performance environment and contributes to an inclusive work environment.


Requirements:

  • PhD or Master’s Degree in Mathematics, Computer Science, Software Engineering, Physics, Financial Engineering or other quantitative areas
  • 3+ years’ experience in interest rate derivatives products and their valuation models
  • Solid background in PDE, Monte-Carlo and stochastic calculus
  • Strong programming skills in C++, C++11 or higher version; experience with other programming languages such as Python
  • Good communication and interpersonal skills and a team player
  • Ability to work well in a fast-paced environment with changing priorities

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.