Manager, Counterparty Credit Risk (216773)
Manager, Counterparty Credit Risk (216773)
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Job Description
Requisition ID: 216773
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
A key member of the CCR group that has responsibility for providing risk oversight on counterparty credit risk arising from derivatives and securities financing transactions executed by the capital markets businesses in the bank globally.
The CCR group is a centralized function responsible for identifying signs of credit deterioration in the trading product portfolio measuring monitoring and reporting a variety of metrics associated with counterparty credit risk and escalating when exposures grow beyond established risk appetite. The incumbent is also responsible for keeping up-to-date with industry best practices and regulatory expectations.
Is this role right for you In this role you will:
- Exposure monitoring of counterparty credit risk in securities financing transactions OTC derivatives and FX transactions.
- Contribute to processes identifying leading indicators of emerging risks and support emerging risk analysis.
- Contribute to the quantitative and qualitative analysis of counterparty risk and insights for risk mitigation including correlation risks such as wrong-way risk (general and specific) as well as on the credit quality of collateral concentration and liquidity risks.
- Develop a strong relationship and interface frequently with Management Credit Banking Front Office and other key stakeholders on various CCR matters.
- Support the development of reporting and analysis systems and business intelligence tools.
- Contribute to Board regulatory and other key CCR reporting.
Do you have the skills that will enable you to succeed in this role Wed love to work with you if you have experience with:
- 3 years experience in market risk and/or credit risk of traded products.
- Knowledge of derivatives products and familiarity with counterparty credit risk.
- Strong written and verbal communication skills. Fluency in Spanish is an asset.
- University degree in a business-related field. CFA/FRM/PRM certification is desirable.
- Advanced knowledge of Power BI Python SQL and Unix is an asset.
Whats in it for you
- We have an inclusive and collaborative work environment that values curiosity & ownership encourages pragmatic creativity (i.e. true innovation) and celebrates success!
- An inclusive working environment that encourages creativity curiosity and celebrates success!
- A rewarding career path with diverse opportunities for professional development
- Internal training to support your growth and enhance your skills
- Hybrid Work Environment
- A competitive rewards package that includes a base salary a performance bonus company matching programs on pension and profit sharing paid vacation personal & sick days medical vision and dental benefits that start from day one and much more!
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.
Required Experience:
Manager
Employment Type
Full Time
