Posting Closing Date

September 30, 2024

Employment Type

Full-time

Contract Type

Permanent

Company Info

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

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries!  We work together to drive ambition for every future!

Job Description

As we grow our ETF Services franchise, we are looking for a quantitative-minded candidate to join our team. The candidate would be involved in blending business and technology, focused on automated electronic market making in ETFs, both in Canada and beyond. The candidate would also be involved in the management of trading positions and market risk.

Job Responsibilities

What Will You Do

  • Support capital market: be part of the glue that allows the public to invest in ETFs
  • Build the client franchise: support the needs of investors, including providing execution guidance and providing accurate and competitive pricing for trading flows.
  • Manage trading risk: participate in the day-to-day operations of Scotiabank’s ETF Services trading desk, including responsibility for risk management, process improvement and business automation
  • Lead through technology: continually improve our high-performance market-making infrastructure, partnering with technology teams to develop best-in-class software solutions
  • Smarter every day: develop and apply quantitative techniques to price and hedge ETF products in North America
  • Enjoy doing it: champion a high performing and inclusive work environment.

Qualifications

What Will You Bring

  • Meaningful experience in fields such as ETF market making, quantitative portfolio management, equity derivatives, or other aspects of capital markets risk management
  • Demonstrated background in software development and integration
  • Knowledge of ETF market making & risk management, including transaction cost analysis in this space
  • Experience in fixed income trading or equity derivatives structuring an asset
  • Undergraduate Degree in Science, Technology, Engineering or Math or equivalent work experience

How To Apply

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply – you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.

Please apply at the link below.

Additional Information

This position is currently an On Site role, with the expectation that you will work 4-5 days a week in the office. Please note that this is subject to change based on the needs of the business.

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

Scotiabank is a leading bank in the Americas. Guided by our purpose: “for every future”, we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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