Current jobs related to Manager, Counterparty Credit Risk Capital Analytics - Toronto ON MH H - Scotiabank
-
Toronto, ON MH B, Canada Scotiabank Full timeRequisition ID: Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.1-year contractExcited about creating a safer financial world by using your mathematical/analytical/modelling skills and finance/risk knowledge to solve complex problems and developing sophisticated risk measurement processes? – Join us As...
-
Toronto, Canada Scotiabank Full timeRequisition ID: 165395 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...
-
Manager - Counterparty Credit Risk Capital
3 days ago
Toronto, Canada BMO Financial Group Full time250 Yonge Street Toronto Ontario,M5B 2L7 If you’re looking for your next dream job, consider this one in BMO’s Enterprise Risk Group where every colleague helps protect and grow the bank by providing independent review and oversight of enterprise-wide risks, working together to maintain a risk management framework and fostering a strong risk culture....
-
Associate, XVA
1 week ago
Toronto, Canada BMO Capital Markets Full timeAssociate, XVA / Counterparty Credit Risk Quant Join to apply for the Associate, XVA / Counterparty Credit Risk Quant role at BMO Capital Markets BMO Capital Markets is a leading, full‑service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world....
-
Manager, Counterparty Credit Risk
1 day ago
Toronto, Canada Scotiabank Full timeRequisition 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 markets businesses in the bank...
-
Manager, Counterparty Credit Risk
2 days ago
Toronto, Canada Scotiabank Full timeTitle: Manager, Counterparty Credit RiskRequisition 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...
-
Manager, Counterparty Credit Risk
2 days ago
Toronto, Canada Scotiabank Full timeTitle: Manager, Counterparty Credit RiskRequisition 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...
-
Manager, Counterparty Credit Risk
7 hours ago
Toronto, Canada Scotiabank Full timeTitle: Manager, Counterparty Credit Risk Requisition ID: 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...
-
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...
-
Manager, Counterparty Credit Risk
1 day ago
Toronto, Ontario, Canada Scotiabank Full timeRequisition ID: 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 markets businesses in the bank globally.The...
Manager, Counterparty Credit Risk Capital Analytics
2 weeks ago
Requisition ID:
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
As part of Global Risk Management, the Counterparty Credit Risk Measurement (CCRM) team delivers reporting, analytics, and insights to the Bank's non-retail business lines. The CCR Capital Analytics team specializes in regulatory capital for Counterparty Credit Default Risk and Credit Value Adjustment (CVA).
The incumbent will contribute to the development and maintenance of the Bank's CCR capital system and be responsible for producing various reports and conducting related analysis. We are seeking individuals who can help drive large-scale initiatives forward, working alongside a diverse team of quants
Is this role right for you? In this role, you will:
- Maintain up-to-date knowledge of regulatory guidance on CCR and CVA capital, ensuring effective interpretation and implementation across capital process, reporting, controls, and stakeholder communication
- Conduct quantitative and technical reviews of the capital processes, including implementation and enhancement of end-to-end workflows, applying statistical/mathematical tests, developing new techniques, and coding to assess model performance- while ensuring compliance with internal policies regulatory requirements
- Report CCR and CVA capital timely with quality, ensuring completeness, accuracy, and consistency
- Deliver ad-hoc capital analysis and collaborate with business lines and financial key stakeholder to support understanding of CCR/CVA) capital calculations
- Develop and implement Power BI analytics dashboards for CCR/CVA capital reporting, enabling drill-down analysis and key driver identifications to support capital efficiency management
- Collaborate with front office, technology, and users to support investigations and resolutions
- Develop and automate control processes to proactively identify data challenges affecting accuracy of CCR/CVA capital; Collaborate with data governance to drive resolution.
- Provide direct support to resolve audit and regulatory issues, and actively respond to ad hoc requests from senior management and regulators
Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
- Education & Credentials: Graduate degree (MS, or Ph.D. preferred) in a quantitative discipline (e.g. Finance, Mathematics, Statistics, Econometrics, Physics, Computer Science, Financial Mathematics, Financial Engineering). Industry certification (e.g. CFA, FRM) are an asset
- Technical Expertise: Working knowledge of derivative pricing models, CCR default capital (IMM & SA-CCR), CVA modeling, CVA capital (SA-CVA, BA-CVA), and market data
- Product Knowledge: Familiar with various trading products, including interest rate, foreign exchange, credit derivatives, equities, commodities, and securities financing transactions
- Communication Skills: Excellent written, verbal and presentation skills to effectively advise and communicate with diverse stakeholders
- Modeling & Analysis: Sound understanding of modeling techniques and ability to conduct various statistical and technical tests.
- Technical Skills: Proficient in SQL, Python, Unix bash scripting; familiar with Git and Docker/Bitbucket. Knowledge of databases and BI tools (especially MS Power BI) is an asset.
- Professional Attributes: Strong ability to manage multiple priorities efficiently, with attention to detail and the ability to work independently or collaboratively. Skilled in building consensus across teams.
What's in it for you?
- The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
- A rewarding career path with diverse opportunities for professional development.
- Internal development to support your growth and enhance your skills.
- A competitive compensation and benefits package.
- An organization committed to making a difference in our communities– for you and our customers.
- We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success
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. 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.
