Associate Director, Natural Gas and Power Trading, GBM Calgary
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Job Location:
Monthly Salary:
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Requisition ID: 246590
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin Americaoperatingglobally for over 100 years. Scotiabanks strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Marketsprovidesa 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 foreignexchangeandprecious &metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.
Be part of an innovative Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries!We work together to drive ambition for every future!
Purpose
Contributes to the overall success of the Commodity Derivatives Group in Calgary ensuring specific individual goals plans initiatives are executed / delivered in support of the teams business strategies andobjectives. Ensures all activities conductedare in compliance withgoverning regulations internal policies and procedures.
What Youll Do:
- Assistswith driving a customer focused culture throughout the team to deepen client relationships andleveragebroader Bank relationships.
- Manage execution oforders on behalf of clients andis responsible formanaging commodity/FX/IR risks in the portfolio hedging strategies to maximize trading profit and meet the needs of key clients.
- Collaborate cross-functionality to develop a regional price view to supportshort termtrading initiatives and supportlonger termstrategic efforts.
- Contribute to the overall P&L targets of the Gas and Power trading relationships in Western physical markets and contribute to the development of fundamental product suite.
- Deep Natural Gas and Power product knowledge.5 years trading experience across physical and financial markets.
- Principles while ensuring the adequacy adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational compliance AML/ATF/sanctions and conduct risk.
What Youll Bring:
- Quantitative degreerequiredalongside programming experience (VBA Python etc.)
- Deep knowledge of Natural Gasand Powerfundamentals globally
- Knowledge of financial derivatives
- Track recordof profitable risk taking to support client interests
- In depth knowledge of regulatory framework around Volcker Dodd-Frank
- This role requires successful completion of the National Futures Associations Swaps Proficiency Requirement (SPR) prior to engaging in in-scope activity
Work Arrangement:
This position is currently an on-site role with the expectation that you will work 5 days a week in the office. Please note that this is subject to change based on the needs of the business.
Interested
If your experience is closely related but doesnt align perfectly with every qualification we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
At Scotiabank every employee is empowered to reach their fullest potential respected for who they are and embraced for their differences. Thats why we work to grow and diversify talent and engage employees in a performance-oriented culture.
Whats in it for you
Scotiabank wants you to be able to bring your best self to work and life every day. With a focus on holistic well-being our many flexible benefit programs are designed to help support your unique family financial physical mental and social health needs.
Scotiabank is a CFTC registered swap dealer and SEC registered security-based swap dealer and hence any role that engages in these activities is required to be an Associated Person in accordance to the Banks policy.
Location(s): Canada : Alberta : Calgary
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
Key Skills
- Program assessment
- FDA Regulations
- Manufacturing & Controls
- Program Evaluation
- budget forecast
- Research Experience
- Operations Management
- Research & Development
- Strategic Planning
- Contract Management
- Leadership Experience
- negotiation
About Company
Scotiabank is one of the leading foreign banks serving large national and multinational corporations in the U.S. through its Global Banking and Markets, Global Transaction Banking and Wealth Management business lines.
