Director, US Equity Derivatives (225925)
Director, US Equity Derivatives (225925)
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$ 293000 - 300000
1 Vacancy
Job Description
Requisition ID: 225925
Salary Range:293000.00-300000.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors including but not limited to the successful candidates relevant knowledge skills and experience.
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
TITLE: Director US Equity Derivatives
DUTIES: Scotia Capital (USA) Inc seeks Director US Equity Derivatives in New York NY to champion a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge. Communicate with clients on matters related to equity market volatility when requested by Sales. Manage all Greeks derived from the Regions index ETF and single stock exotic option positions. Ensure all trading is conducted within the Desks approved Volcker operating plan. Provide timely and accurate pricing updates for products within area of responsibility. Ensure all risks are contained within the approved limits. Maintain communication with internal support groups on all matters related to the Global Equity Derivatives trading books. Partner with the Equity Derivatives Quantitative team to expand and improve the Equity Derivatives model suite and risk management capabilities as well as helping reduce model risk post implementation. Understand how the Banks 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 Anti Money Laundering/Anti Terrorist Financing 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: Masters degree or foreign equivalent in Finance or a related field and eight (8) years of progressively responsible experience in the job offered or related occupation: utilizing and developing advanced quantitative models including stochastic volatility models and local volatility models to accurately price complex exotic equity derivatives; creating and executing trading strategies for hedging exotic equity derivatives leveraging deep knowledge of options Greeks volatility surfaces and skew dynamics; developing Excel-based pricing tools enabling bulk and rule-based pricing; and working with numerical methods applied to options calibration facilitating mass pricing of exotic structures. FINRA Series 3 required. FINRA Series 7 required. FINRA Series 55 required. The offered salary is between $293000-$300000 per year. 40 hours per week.
QUALIFIED APPLICANTS: Please apply directly through our website by searching for Director US Equity Derivatives & indicate job code LM032825WEB.
Location(s): United States : New York : New York City
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:
Director
Employment Type
Full-Time
