Associate Director, Equities Quantitative DevStrat New York, NY

Requisition ID: 263147

Salary Range:225000.00-225000.00

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 Director Equities Quantitative Dev/Strat - 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

This role contributes to the success of our Systematic and Quantitative Equities business and the overall Equities Sales and Trading in Canada and US by designing developing and implementing advanced models trading strategies and technology solutions while ensuring individual goals plans and initiatives are executed & delivered in support of the teams overall objectives. The position requires strong quantitative programming (Python Java or C) and analytical skills to deliver innovative solutions that enhance execution quality pricing models risk analytics trader tools for risk management hedging and relative value analysis and techniques to optimize trading decisions risk taking and capital allocation.

What Youll Do

Model Development: Design implement and improve pricing hedging and execution algorithms using Mathematical Statistical/Machine Learning and other Probability-driven models. Identify and resolve complex technical issues related to trading systems ensuring high system performance and reliability.
Data Analysis & Insights: Analyze large datasets (market client behavior) to identify patterns and generate actionable insights. Simulate pricing and hedging models against historical data.
Quant Development: Productionalize (ie. code) trading strategies and models ensuring their speed and efficiency. Maintain and enhance production-level systems with robust testing and documentation.
Data Engineering: Design build and improve scalable real-time data pipelines and APIs. . Enhance business metrics data quality / validation and visualization.
Collaboration: Partner with Sales Trading and Technology teams to deliver integrated solutions and improve platform capabilities. Establish consistent interaction with the voice trading desk and cultivate awareness of market trends and liquidity.
Compliance Risk and Governance: Ensure adherence to regulatory requirements (SEC FCA IIROC) and internal policies on Compliance Surveillance and Risk across regions.
Stay updated with the latest trends and advancements in quantitative finance electronic trading and programming techniques including emerging technologies (cloud computing GPU acceleration AI/ML) and market microstructure research. Explore emerging techniques in Machine Learning & AI.
Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
Champions a high-performance environment and contributes to an inclusive work environment.
Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabanks Values its Code of Conduct and the Global Sales 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:

Education & Experience
Required: Bachelors in Computer Science Engineering Mathematics Physics or related field.
Preferred: Advanced degree (. or Ph.D.) in a quantitative discipline.
Preferred: 5 Years experience in systematic equities with exposure to execution analysis alpha research and/or market-making. Preferred: Experience supporting a live trading book

Technical Skills
Proficiency in Python Java (C also acceptable) and strong object-oriented design principles. Familiarity with functional programming paradigms is also preferred.
Experience with data manipulation (SQL) and numerical libraries (Pandas NumPy). KDB/Q experience is a plus
Plus: Familiarity with electronic trading protocols connectivity routing (FIX API integration).
Plus: Knowledge of cloud computing GPU acceleration and distributed systems is an asset.

Quantitative & Analytical Skills
Solid foundation in probability and statistics.
Plus: Experience with Machine Learning frameworks (GBTs NNs LLMs etc.)
Ability to design and validate models under real-world constraints.

Soft Skills
Effective communication skills to explain complex concepts to diverse stakeholders.
Ability to work across time zones and adapt to regional market hours.
Collaborative mindset and willingness to mentor junior team members.

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.