Manager, Data Analytics & Model Optimization - Global Compliance Trade Surveillance (Contract)

Scotiabank • Toronto, ON

94d • Onsite

About The Position

This role executes Data Analytics projects and helps build out the Model Optimization function within Global Compliance Trade Surveillance (GCTS). GCTS is responsible for the surveillance of all trading activities within the enterprise for market manipulation, insider trading, and unfair pricing. The Data Analytics & Model Optimization team was established to improve productivity and perform general problem-solving through data analytics, and to support a Model Effectiveness program for sophisticated Trade Surveillance models.

Requirements

• Advanced degree (Bachelor’s or higher) in a STEM field.
• 2-3 years work experience in Banking and/or Capital Markets, preferably with exposure to Over-The-Counter (OTC) Derivatives and Greeks.
• Proficiency in languages such as Python.
• Familiarity with various trading products including IR, FX, Equity, Commodity etc.
• Excellent written and presentation skills.
• Ability to manage multiple priorities efficiently.
• Attention to detail.
• Ability to work independently or in teams.
• Consensus-building ability.
• Curiosity is an important trait.

Nice To Haves

• Relevant background examples include Market Risk (VaR, Stress Testing), Trade Floor Risk, Middle Office & Model Risk.
• Experience gained on the job through automation projects to enhance productivity.
• Industry certification or credentials will be an asset (e.g. CFA, FRM).

Responsibilities

• Under the guidance of the Director, execute on various Data Analytics projects, such as building automation for reporting and alert adjudication, creating Business Intelligence applications using PowerBI, and developing bespoke Trade Surveillance solutions using Python.
• Foster innovation by introducing new technologies to solve data-related challenges.
• Assist the Director in the Model Optimization function, including building and maintaining an inventory of trading scenarios for model testing, identifying new scenarios based on real-life situations, and helping build the model submission package for Global Model Risk Management.
• Comply with internal policies, procedures, and regulatory requirements.
• Manage relationships with key contacts for each work assignment.
• Provide active and direct support to resolve outstanding audit and regulatory issues and to respond to ad hoc senior management and regulatory requests.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager