Associate Director, FICC Index Trading

Requisition ID: 276546

Salary Range: 225,000.00 - 225,000.00

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Offered salary is between $225,000 and $225,000 per year. 40 hours per week.

TITLE: Associate Director, FICC Index Trading

DUTIES: The Bank of Nova Scotia seeks Associate Director, FICC Index Trading in New York, NY to manage the operational tasks on the desk including trade execution, swap and option expiries, index rolls, end of day reporting. Provide support to the senior traders on the FICC index desks on pricing and risk management of the desk books. Contribute to the FICC index structuring effort by enhancing existing strategies and building new custom strategies. Support and enhance the index pricing platform and infrastructure focusing on automation and improvement of manual desk procedures. Understand how the bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. Champion customer focused culture to deepen client relationships and leverage broader bank relationships, systems and knowledge. Actively pursue effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the operational risk management framework, regulatory compliance risk management framework, AML/ATF global handbook and the guidelines for business conduct.

REQUIREMENTS: Master's degree or foreign equivalent in Mathematics, Finance, or a related field, and six (6) years of experience in the job offered or in a related occupation: applying mathematical, statistical, and quantitative analytical methods to decompose the risk exposures of Quantitative Investment Strategies (QIS) into underlying market tradable instruments; designing, implementing, and optimizing algorithmic execution strategies to minimize market impact, slippage, and transaction costs across multiple asset classes; developing and maintaining production grade code in multiple programming languages to support index decomposition, portfolio construction, risk representation, and detailed profit and loss attribution; developing a framework for volatility Quantitative Investment Strategies (vol QIS), including strategy development and tools implementation; building quantitative models to measure and monitor market signals which can be used for systematic trading strategies; creating tools to automate data processing, transform large scale datasets, and integrate market data feeds for use in systematic trading and risk analytics; utilizing knowledge of commodities market microstructure, liquidity dynamics, and exchange specific trading rules to enhance execution quality and cost forecasting models. Telecommuting and/or working from home may be permissible pursuant to company policies. When not telecommuting, must report to work site.

QUALIFIED APPLICANTS: Please apply directly through our website https://www.scotiabank.com/careers by searching for Associate Director, FICC Index Trading & indicate job code MG090426WEB.

Location(s): United States : New York : New York City

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.