Senior Manager, Counterparty Credit Risk

Location: Canada, Ontario, Toronto

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

In this role, you will:

- Provide counterparty credit risk oversight including the reporting and analysis of the following counterparty related information:
- Provide independent quantitative and qualitative analysis of counterparty risk and insights for risk mitigation including correlation risks such as wrong-way risk (general and specific), as well as on the credit quality of collateral, concentration, and liquidity risks.
- Exposure monitoring of counterparty credit risk arising from OTC derivatives and securities financing transactions.
- Lead and develop two direct reports, including coaching and performance management.
- Act as advisory to Credit Officers on distressed counterparties; identify and analyze leading indicators of emerging risks.
- Provide analysis of market events on portfolio and counterparty risk, support Executive-level, Board, regulatory and other key CCR reporting of counterparty risk.
- Develop a strong relationship and interface frequently with Management, Credit, Banking, Front Office, and other key stakeholders on various CCR matters.
- Produce ongoing regulatory reporting and contribute to ad-hoc regulatory requests.
- Assist with managing CCR policies.




- Manage the development of reporting and analysis systems and business intelligence tools.

Do you have the skills that will enable you to succeed in this role?

- 5-10 years direct experience in market risk and/or credit risk of traded products.
- Excellent grasp of counterparty credit risk metrics and underlying drivers / assumptions.
- Advanced knowledge of derivative products valuation, trading businesses and markets.
- Proven experience managing and developing high-performing teams in a complex environment.
- Strong communication, quantitative and analytical abilities to identify issues and to debate different approaches with various stakeholders.
- Strategic influencing and relationship building skills are required.
- University degree in a business-related field. CFA/FRM certification is desirable.
- Advanced knowledge of Power BI, Python, SQL and Unix is an asset.

What’s in it for you?

- The opportunity to join a forward-thinking and team-oriented team, surrounded by innovative thinkers.
- A rewarding career path with diverse opportunities for professional development.
- Internal training to support your growth and enhance your skills.
- An inclusive working environment that encourages creativity, curiosity, and celebrates success!
- The tools needed to create best-in-class student candidate experiences.

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📌 Senior Manager, Counterparty Credit Risk (Toronto)
🏢 Scotiabank
📍 Toronto