Manager, Data Analytics & Model Optimization, Global Compliance Trade Surveillance

 
 
Requisition ID: #
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Data Analytics & Model Optimization team, as part of Global Compliance Trade Surveillance (“GCTS”), is a global, best-in-class program within Global Compliance responsible for performing surveillance of Scotiabank trading activities for market manipulation, insider trading and unfair pricing. Reporting into the Director, Data Analytics & Model, the Manager is responsible for development and execution of the program in line with governing regulations, internal policies, and procedures. 
Is this role right for you? In this role you will:
-Develop and maintain an inventory of trading scenarios which can be periodically tested in the models to gauge their effectiveness.
-Conduct ongoing performance monitoring of the Trade Surveillance models and support model owner responsibilities as per the Bank’s Enterprise-Wide Risk Management Policy.
-Work closely with the OTC Trade Surveillance, Compliance technology and Model Validation teams as well as other stakeholders on Trade Surveillance model implementations, data governance and enhancements to maintain a best-in-class Trade Surveillance program. 
-Maintain deep knowledge & understanding of industry issues and practices, regulatory requirements and associated changes.
-Ensure that the policies and procedures for the program reflect applicable requirements under the Enterprise-Wide Risk Management policy.
-Assist on specific projects (e.g. special investigations, regulatory initiatives, process automation) while maintaining strong working relationships with the various stakeholders in each project.
-Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
-Motivate their team by fostering an inclusive work environment
 
Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
-College Diploma or University Degree in applicable field 
-At least 2-3 years’ work experience in Banking and/or Capital Markets- preferably in a role that has provided exposure to Over-The-Counter (OTC) Derivatives and Greeks.
-Examples of relevant background include (but not limited to): Market Risk (VaR, Stress Testing), Trade Floor Risk, Middle Office & Model Risk. 
-Proficiency in languages such as Python. While formal training is not expected, experience gained on the job (through automation projects to enhance productivity, for example) will be ideal.
-Experience in Business Intelligence tools such as Tableau.
-Familiarity with various trading products including IR, FX, Equity, Commodity etc.
-Industry certification or credentials will be an asset (e.g. CFA, FRM)
-An enquiring mind, excellent judgment, strategic thinking skills and attention to detail.
-Excellent written and verbal communication skills and a proven ability to develop and implement solutions to complex issues.
-Ability to learn and adapt to rapidly changing regulatory and business environments.
-Ability to work independently and with other staff across functional lines within the Bank.
 
Some more information you might want to know:
-You are results oriented with strong organizational and time management skills as the incumbent works in a fast-paced environment and is expected to handle multiple tasks with stringent deadlines. 
-You will handle sensitive and confidential information and must have a high level of integrity. 
-You are expected to act independently and arrive at conclusions or recommendations based on the exercise of good judgement on complex decisions. Effectively performing this role involves consulting with and across teams as needed.
-You will interact on an ongoing basis with Executive and senior professional staff, generally on time sensitive items.  The incumbent is required to respond with tact while ensuring 
 
 
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 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.