Associate, CommodityFX Derivatives Quant New York, NY

Requisition ID: 268028

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 Commodity/FX Derivatives Quant - 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

Contributes to the overall success of the Global Analytics and Financial Engineering team ensuring specific individual goals plans initiatives are executed / delivered in support of the teams business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations internal policies and procedures

What Youll Do:

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
• Develops valuation models for Commodity and FX derivatives and ensures the theoretical soundness the numerical accuracy and the implementation correctness of these models
• Develops robust reliable and user friendly front office analytics for pricing hedging risk management and P&L attribution for both intraday and end of day
• Provides daily and on demand quantitative support to the business in a timely manner related to valuation risks PnL attribution hedging and so on
• Provides subject matter expertise to model stakeholders such as the business risk management audit product control and technology groups during and post of the model implementation
• Forms a close partnership with the business to deliver models and analytics to production from end to end with limited supervision
• Keep oneself current on the advancements of models and related technology and proactively introduces these advancements into the bank.
• Understands 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 AML/ATF 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.
  

What Youll Bring:

• PhD or Masters Degree in Mathematics Computer Science Software Engineering Physics or other quantitative areas
• 1-4 years experience in Commodity/FX derivatives and structured notes products and their valuation models
• Solid background in PDE Monte-Carlo and stochastic calculus
• Strong programming skills in C C11 or higher version; experience with other programming languages such as Python/Scala
• Very good communication and interpersonal skills and a team player
• Ability to work well in a fast-paced environment with changing priorities

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.