Director, Options Trader, Equity Derivatives

Requisition ID: 249606

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

Title: Director Options Trader Global Equity Derivatives Global Banking and Markets

Position & Team Overview/Highlights:

Contributes to the overall success of Global Equity Derivatives & Investor Solutions teams by ensuring specific individual goals plans initiatives are executed / delivered in support of the teams business strategies and objectives. Ensures all activities conducted comply with governing regulations internal policies and procedures.

This role has been identified as a Material Risk Taker (MRT) and falls into scope under the PRA/FCA Certification Regime. Therefore the individual is required to be internally Certified as a significant harm function.

What Youll Do:

• Responsible for managing all market risks across the Exotic Europe Index and Single Stock books.
• Ensures all risks are contained within the approved limits outlined in the Desks LCS.
• Provides timely and accurate pricing updates for products within my area of responsibility; provide backup across the GED trading team as required.
• Partners with the financial engineering team to expand and improve the EQD model suite and risk management capabilities.
• Ensures all trading is conducted within the Desks approved Volcker operating plan.
• Assists the EDT team in testing new model enhancements to help reduce model risk post implementation.
• Communicates with clients on matters related to equity market volatility when requested by Sales.

What Youll Bring:

• Experience in equity exotic options trading with a proven track record in risk management.
• Deep expertise in global equity derivatives and structured products including pricing and managing risk for complex model-dependent structures such as autocallables issuer callables multi-asset and barrier options.
• Advanced knowledge of derivatives modelling including Local Stochastic Volatility (LSV) frameworks and correlation skew dynamics.
• Strong academic foundation with a degree in Finance Mathematics or related field.
• Fully licensed and registered for trading stocks options and futures in European markets.
• Proficient in Python VBA and Excel for quantitative analysis and automation.

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.

Location(s): England : GreaterLondon : London (UK)

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.