Requisition ID : 203216
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Vice President, Trade Floor Risk Management, Global Risk Management
Purpose
The Vice President, Market Risk, is responsible for the Enterprise view of market risk, including stress testing, modelling and capital.
The successful candidate will highlight key exposures and trends to management, staying closely connected to trading activity and market developments.
Accountabilities
Understands, communicates and reports Enterprise level market risk exposures, including trends and drivers. Key metrics are Value at Risk, Stress Testing, and Capital.
Reporting includes Management and Board level.
Responsible for market risk capital initiatives, including implementing new regulations and enhancing existing methodologies and processes.
Represents the Bank in discussions with peers and regulators. Team acts as SME with business partners to aid in capital management.
- Runs capital markets stress testing including scenario design and implementation. This involves staying up to date with market and business developments to ensure stress testing is relevant and value added.
- Leadership over the market risk modelling teams to ensure risk is accurately measured and regulatory requirements are met.
This includes model implementation and support of related processes.
Acts as Market Risk data steward in accordance with the Risk Data Aggregation and Risk Reporting (RDARR) framework and internal policies.
Responsible for the historical market data that feeds market risk processes.
- Runs the Market Risk Central Office which co-ordinates initiatives across the group
- Owns the Securities Aggregation function which provides security information to users including Capital Management and Compliance.
- Builds a high performance environment and implements a people strategy that attracts, retains, develops and motivates talent.
Education / Experience / Other Information
- Masters degree in finance or a quantitative discipline
- 10+ years capital markets experience
- Strong knowledge of capital markets products and markets
Location(s) : Canada : Ontario : Toronto
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.