Associate, Global Analytics and Financial Engineering

Requisition ID: 255778

Salary Range:155000.00-185000.00

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: Associate Global Analytics and Financial Engineering - New York NY

Global Banking and Markets

Global Banking and Markets (GBM) is a leading Capital Markets and Investment Banking platform with a competitive presence across the Americas operating globally over 100 years. Scotiabanks strong US 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 & 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 including transaction banking and trade finance solutions.

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 to every future!

Purpose

Global Analytics and Financial Engineering is a critical function within the Banks Global Banking and Markets (GBM) division. The derivatives valuation models and analytics developed by the team are used globally for pricing hedging risk management trading limits and capital. The accuracy and the performance of these models have a direct impact on GBMs competitiveness and profitability. The reliability and the robustness of the analytics enable the business to view and manage risks efficiently.

What Youll Do:

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
• Collaborate with senior members to learn about derivatives products valuation models and the model development technology stacks.
• Develops valuation models for Emerging Markets products and ensures theoretical soundness numerical accuracy and the implementation correctness of these models.
• Participate in the development and support of front office analytics used for pricing hedging and risk management.
• Provide subject matter expertise to our model and analytics stakeholders such as trading and sales risk management teams and technology groups.
• Apply the Banks risk appetite and risk culture in day-to-day activities and decisions.

What Youll Bring:

• Doctorate or masters degree in quantitative finance mathematics computer science physics or other quantitative areas.
• Up to 2 years experience after graduation with a passion for quantitative finance.
• Demonstrable knowledge of numerical methods and computational modelling: for example finite difference / finite element Monte Carlo simulation optimization artificial intelligence.
• Strong programming skills in C or Python and the willingness to learn other programming languages.
• Good communication and interpersonal skills and a team player and ability to work well in a fast-paced environment with changing priorities.
• Solutions-focused attitude recognizing opportunities to not only learn but to contribute to team outcomes and showing ownership over delivery.
• Knowledge of reinforcement learning or deep learning is considered an asset.
• Strong organizational analytical skills and attention to detail
• Excellent verbal and written communication and interpersonal skills
• Ability to work collaboratively in a fast-paced environment

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.

Global Banking and Markets

Global Banking and Markets (GBM) is a leading Capital Markets and Investment Banking platform with a competitive presence across the Americas operating globally over 100 years. Scotiabanks strong US 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 & 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 including transaction banking and trade finance solutions.

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 to every future!

Purpose

Global Analytics and Financial Engineering is a critical function within the Banks Global Banking and Markets (GBM) division. The derivatives valuation models and analytics developed by the team are used globally for pricing hedging risk management trading limits and capital. The accuracy and the performance of these models have a direct impact on GBMs competitiveness and profitability. The reliability and the robustness of the analytics enable the business to view and manage risks efficiently.

What Youll Do:

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
• Collaborate with senior members to learn about derivatives products valuation models and the model development technology stacks.
• Develops valuation models for Emerging Markets products and ensures theoretical soundness numerical accuracy and the implementation correctness of these models.
• Participate in the development and support of front office analytics used for pricing hedging and risk management.
• Provide subject matter expertise to our model and analytics stakeholders such as trading and sales risk management teams and technology groups.
• Apply the Banks risk appetite and risk culture in day-to-day activities and decisions.

What Youll Bring:

• Doctorate or masters degree in quantitative finance mathematics computer science physics or other quantitative areas.
• Up to 2 years experience after graduation with a passion for quantitative finance.
• Demonstrable knowledge of numerical methods and computational modelling: for example finite difference / finite element Monte Carlo simulation optimization artificial intelligence.
• Strong programming skills in C or Python and the willingness to learn other programming languages.
• Good communication and interpersonal skills and a team player and ability to work well in a fast-paced environment with changing priorities.
• Solutions-focused attitude recognizing opportunities to not only learn but to contribute to team outcomes and showing ownership over delivery.
• Knowledge of reinforcement learning or deep learning is considered an asset.
• Strong organizational analytical skills and attention to detail
• Excellent verbal and written communication and interpersonal skills
• Ability to work collaboratively in a fast-paced environment

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): 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.

Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race color religion sex sexual orientation gender identity national origin disability veteran status or any other characteristic protected by federal state or local law.