Vice President, Counterparty Credit Risk Measurement
7 days ago
Requisition ID: 226264 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **_ Purpose_** Ensure that Counterparty Credit Risk (CCR) risk measurements and models are designed and developed effectively. Lead the development of methodologies and tools to manage CCR and to meet CCR capital requirements. Facilitate information being provided to internal and external stakeholders including business line partners. **_ - ** **_Accountabilities_** **Counterparty Credit Risk Measurement**- Lead and manage the development and design of all key counterparty credit risk (CCR) measurement metrics for both trading and non-trading portfolios. Adapt existing measurements to align with changes in bank initiatives and to keep pace with industry advancements and regulations. - Drive CCR analytics practices and infrastructure. Collaborate with stakeholders to meet analytics, reporting, and oversight requirements. - Oversee the CCR capital calculation process including modelled and standardized approaches to measure default risk capital and support standardized approaches for CVA Capital. - Support the infrastructure for calculating CCR, IMM Default, CVA Capital and xVA. - Provide senior management, stakeholders and OSFI with analysis, opinions and projected impacts for model changes and regulatory proposals. **Relationship Management**- Work closely with key internal stakeholders within risk, finance and business units. - Act as key contact and play a lead role with regulators in discussion of CCR modelling. **People Management**- Build a high-performance environment and implement a people strategy that attracts, retains and develops talent. - Foster an inclusive work environment; communicating vision, values and business strategy **_ Education / Experience / Other Information_** Technical skills: - A thorough understanding of financial markets, including the risks/valuation of the full range of traded financial instruments, including complex derivatives. - Strong analytical skills. - Well developed strategic thinking skills to adapt to developments in CCR. - Strong verbal and written communication skills to allow for explanation of complex issues to non-technical audiences. - Experience with interpreting regulation and developing CCR based measures. Leadership skills: - Demonstrated leadership track record supported by well-developed analytical and strategic thinking competencies. Project and management skills: - Strong project management skills with experience driving large projects to completion. - Flexible thinking and ability to work under tight timelines. **Education**: - Very strong quantitative background, e.g. Masters/PhD in finance or quantitative discipline, and experience in developing quantitative models. 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.
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Manager, Counterparty Credit Risk Measurement
2 weeks ago
Toronto, Canada Scotiabank Full timeRequisition ID: 247739 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 math, modelling, computational, and analytical skills? – Join us! As the Market Risk Measurement (MRM) team, we are an established leader in risk methodologies with many...
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Manager, Counterparty Credit Risk Measurement
2 weeks ago
Toronto, Canada Scotiabank Full timeRequisition ID: 247739 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 math, modelling, computational, and analytical skills? – Join us! As the Market Risk Measurement (MRM) team, we are an established leader in risk methodologies with many...
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Manager, Counterparty Credit Risk Measurement
20 hours ago
Toronto, Canada Scotiabank Full timeRequisition ID: 247739Join 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 math, modelling, computational, and analytical skills? – Join us! As the Market Risk Measurement (MRM) team, we are an established leader in risk methodologies...
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Manager, Counterparty Credit Risk
4 weeks ago
Toronto, Canada Scotiabank Full timeManager, Counterparty Credit Risk Requisition ID: 238396 Join a purpose driven winning team, committed to results, in an inclusive and high‑performing culture. A key member of the CCR group that has responsibility for providing risk oversight on counterparty credit risk arising from derivatives and securities financing transactions executed by the capital...
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Manager, Counterparty Credit Risk
20 hours ago
Toronto, Canada Scotiabank Full timeRequisition ID: 238396Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. A key member of the CCR group that has responsibility for providing risk oversight on counterparty credit risk arising from derivatives and securities financing transactions executed by the capital markets businesses in the bank...
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Associate Director, Counterparty Credit Risk
1 week ago
Toronto, Canada Brewin Dolphin Full time**Job Summary** Counterparty Credit Risk (CCR) provides risk oversight of RBC’s trading activities including (but not limited to) counterparty exposure measurement and monitoring, bespoke transaction adjudication and approval, portfolio risk analysis and reporting. **What is the opportunity?** Counterparty Credit Risk (CCR) provides risk oversight of...
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Manager, Counterparty Credit Risk
20 hours ago
Toronto, Canada Scotiabank Full timeIs this role right for you? In this role, you will: Exposure monitoring of counterparty credit risk in securities financing transactions, OTC derivatives, and FX transactions. Contribute to processes identifying leading indicators of emerging risks and support emerging risk analysis. Contribute to the quantitative and qualitative analysis of counterparty...
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Associate Director, Counterparty Credit Risk
6 days ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** The Counterparty Credit Risk Exposure Monitoring - Issuer, Settlements & Pre-settlement (ISP) Risk Team is part of the larger Counterparty Credit Risk Exposure Monitoring (CCREM) within Group Risk Management (GRM). Under the guidance of the Director, CCREM ISP, the team has primary responsibility for monitoring, evaluating, and reporting...
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Toronto, Canada Brewin Dolphin Full time**Job Summary** Leads a team which is responsible for the conceptual design, development, and ongoing maintenance of the mathematical models used for the measurement and capitalization of the counterparty credit risk of RBC's derivative portfolio. This includes ensuring that the model's underlying methodologies are appropriate and that they are implemented...
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Toronto, Canada Royal Bank of Canada Full time**Job Summary** Responsible for the conceptual design, development, and ongoing maintenance of the mathematical models used for the measurement and capitalization of the counterparty credit risk of RBC's derivative portfolio. This includes ensuring that the model's underlying methodologies are appropriate and that they are implemented with integrity, to...
