Job Description
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Excited about creating a safer financial world by using your data, analytics, and modelling skills? – Join us!
As the Market Risk Measurement (MRM) team, we are an established leader in risk methodologies with many awards and several firsts in the Canadian banking sector: We build internal models, risk frameworks, and systems for Market Risk, Liquidity Risk, and Counterparty Credit Risk Measurement. We prepare Scotiabank for the adoption of new regulatory and industry-wide initiatives and contribute to discussion with regulators on changes that increase the financial stability of banking systems world-wide. MRM played a key role in Scotiabank becoming the first bank in Canada to receive regulatory approval for using Internal Model Methods (IMM) for Counterparty Credit Risk.
MRM is actively involved in the Bank’s Diversity & Inclusion (D&I) initiatives representing the diverse gender, cultural and ethnic backgrounds of our team. The more diverse we are, the more balanced our approach and models will be! The team is a key contributor to Women-in-Leadership activities – we take part in enterprise-wide D&I discussions, events, and Employee Resource Groups to enhance the representation and recognition of minority groups in the bank.
We are looking for people and talent that will help us drive these large-scale initiatives forward and work alongside our diverse team of quants, data scientists and developers and collaborate with our many stakeholders across Scotiabank.
Is this role right for you?
Do you love to apply your data analytics and modelling skills to solve relevant problems? Do you want to be part of the exciting endeavour of building out the next generation market risk framework to make a safer financial world? This role is ideal for a person with quantitative background who is keen to move forward bank-wide projects that require a high degree of communication and stake-holder management.
As a member of the Counterparty Credit Risk Analytics team, you will work with the Bank’s Counterparty Credit Risk (CCR) systems which cover measurement of Potential Future Exposure (PFE), IMM capital and xVA pricing. The team is at the forefront of new bank-wide initiatives related to CCR systems with exposure to many stakeholders from business and risk functions. You will collaborate with front-office, model developers, credit risk managers, data governance teams, and technology to build out analytics support and data solutions to ensure accurate reporting and insights on CCR measures used to monitor CCR in the Bank’s CCR Monte Carlo engine as well as capital calculation system.
Excited about creating a safer financial world by using your data, analytics, and modelling skills? – Join us!
As the Market Risk Measurement (MRM) team, we are an established leader in risk methodologies with many awards and several firsts in the Canadian banking sector: We build internal models, risk frameworks, and systems for Market Risk, Liquidity Risk, and Counterparty Credit Risk Measurement. We prepare Scotiabank for the adoption of new regulatory and industry-wide initiatives and contribute to discussion with regulators on changes that increase the financial stability of banking systems world-wide. MRM played a key role in Scotiabank becoming the first bank in Canada to receive regulatory approval for using Internal Model Methods (IMM) for Counterparty Credit Risk.
MRM is actively involved in the Bank’s Diversity & Inclusion (D&I) initiatives representing the diverse gender, cultural and ethnic backgrounds of our team. The more diverse we are, the more balanced our approach and models will be! The team is a key contributor to Women-in-Leadership activities – we take part in enterprise-wide D&I discussions, events, and Employee Resource Groups to enhance the representation and recognition of minority groups in the bank.
We are looking for people and talent that will help us drive these large-scale initiatives forward and work alongside our diverse team of quants, data scientists and developers and collaborate with our many stakeholders across Scotiabank.
Is this role right for you?
Do you love to apply your data analytics and modelling skills to solve relevant problems? Do you want to be part of the exciting endeavour of building out the next generation market risk framework to make a safer financial world? This role is ideal for a person with quantitative background who is keen to move forward bank-wide projects that require a high degree of communication and stake-holder management.
As a member of the Counterparty Credit Risk Analytics team, you will work with the Bank’s Counterparty Credit Risk (CCR) systems which cover measurement of Potential Future Exposure (PFE), IMM capital and xVA pricing. The team is at the forefront of new bank-wide initiatives related to CCR systems with exposure to many stakeholders from business and risk functions. You will collaborate with front-office, model developers, credit risk managers, data governance teams, and technology to build out analytics support and data solutions to ensure accurate reporting and insights on CCR measures used to monitor CCR in the Bank’s CCR Monte Carlo engine as well as capital calculation system.
💡 Quick Summary
Seeking a career-building opportunity? The Manager, Counterparty Credit Risk Analytics position is now open for candidates interested in the Bank Jobs sector. This role in Toronto offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
