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 CCR group is a centralized function responsible for identifying signs of credit deterioration in the trading product portfolio, measuring, monitoring, and reporting a variety of metrics associated with counterparty credit risk and escalating when exposures grow beyond established risk appetite. The incumbent is also responsible for keeping up-to-date with industry best practices and regulatory expectations.
Is this role right for you? In this role, you will:
- Exposure monitoring of counterparty credit risk arising from OTC derivatives and securities financing transactions.
- Contribute to processes identifying leading indicators of emerging risks and support emerging risk analysis.
- Contribute to the 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.
- Develop a solid relationship and interface frequently with Management, Credit, Banking, Front Office, and other key stakeholders on various CCR matters.
- Support the development of reporting and analysis systems and business intelligence tools.
- Contribute to Board, regulatory, and other key CCR reporting.
Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
- 3+ years of experience in
📌 Manager, Counterparty Credit Risk (Toronto)
🏢 Scotiabank
📍 Toronto
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