Senior Manager, Counterparty Credit Risk

Responsibilities

• Provide counterparty credit risk oversight, including reporting and analysis of risk metrics.
• Perform independent quantitative and qualitative analysis of counterparty risk, including wrong-way risk, collateral quality, and liquidity risks.
• Monitor exposure arising from OTC derivatives and securities financing transactions.
• Lead and develop direct reports through coaching and performance management.
• Act as an advisor to Credit Officers regarding distressed counterparties and emerging risks.
• Support Executive-level, Board, and regulatory reporting of counterparty risk.
• Manage the development of reporting systems and business intelligence tools.
• Maintain strong relationships with Management, Credit, Banking, and Front Office stakeholders.

Requirements

• 5-10 years of direct experience in market risk and/or credit risk of traded products.
• Advanced knowledge of derivative products valuation, trading businesses, and markets.
• Proven experience managing and developing high-performing teams in a complex environment.
• University degree in a business-related field.
• Strong quantitative, analytical, and communication skills.
• Excellent grasp of counterparty credit risk metrics and underlying drivers.

Preferred Qualifications

• CFA or FRM certification.
• Advanced knowledge of Power BI, Python, SQL, and Unix.

Benefits

• Opportunity to join a forward-thinking and collaborative team.
• Rewarding career path with diverse professional development opportunities.
• Internal training to support continuous growth and skill enhancement.
• An inclusive working environment that celebrates success and creativity.

About the Company

Scotiabank is a leading bank in the Americas, helping customers, families, and communities achieve success through a broad range of financial products and services, including personal and commercial banking, wealth management, and capital markets.