Is this role right for you? In this role, you will: Approve, maintain and manage credit exposure to Hedge Funds clients across derivatives and secured financing transactions.

Conduct proactive risk management of the Bank’s Hedge Funds Portfolio for assigned accounts by assessing clients’ portfolio risk, liquidity of client positions, credit limits and risk appetite ratios.

Partner with our banking, business line and market risk colleagues to ensure that both credit and market risks are effectively evaluated and mitigated.

Participate in Hedge Fund client due diligence calls/meetings and maintain the relationship to ensure appropriate ongoing monitoring of the portfolio.

Conduct Credit and Market risk analysis of business requests, ensuring material issues are identified through concise commentary, and provide appropriate recommendations.

This includes: (i) comprehensive credit evaluation of counterparties to assess and mitigate investment, business and/or operational risk, (ii) evaluate appropriateness of risk/return metrics of deal proposals, and (iii) appropriateness of terms and conditions, exposures, margining, termination events and other covenants for a wide range of facilities including prime brokerage, repo/rev repos, foreign exchange, interest rate derivatives, and credit total return swaps.

Assist and participate in the presentation of credits to Senior Management and the Senior Credit Committee Conduct ongoing monitoring of the credit quality of the portfolio and compile weekly early warnings reports for higher risk clients.

Monitoring of deal terms and conditions carried out by other groups within the Bank and ensure limit overruns are regularized in a timely manner.





Prepare portfolio reporting, documentation of processes and contribute to development and enhancement of processes and reporting requirements.

Work with technology team to develop and enhance data analytics for senior management on the overall hedge fund portfolio as well as individual counterparties.

Assist with preparation of the annual Hedge Funds Industry Report, and with assigned projects as required.

Continuously develop and maintain a high degree of industry knowledge/expertise.

Contribute to the department's goals and objectives through active participation in projects and initiatives.

Do you have the skills that will enable you to succeed? We’d love to work with you if you have: 3+ years institutional counterparty credit experience in a large financial institution.

Experience in the analysis and risk management of Hedge Funds and/or other investment vehicles Solid knowledge of Secured Financing Transactions and derivatives.

Market Risk experience is highly preferred.

Excellent interpersonal and communication skills, both written and oral.

Strong time management, planning and organizing skills to manage multiple priorities.

Ability to work in a fast-paced environment. MBA / CFA Charter qualifications are preferred, but not a prerequisite.

Previous Credit Risk or Banking experience required.

What’s in it for you? An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success! We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Perks from day one! Your career matters! You will have access to career development and progression opportunities.

📌 Manager, Funds Risk Management (Toronto)
🏢 Scotiabank
📍 Toronto