About this role
Requisition ID: 274780
Salary Range: 165,000.00 - 195,000.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Associate, QIS Strategist - New York, NY
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Capital Markets and Investment Banking platform with a competitive presence across the Americas, operating globally over 100 years. Scotiabank’s strong US 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 including transaction banking and trade finance solutions.
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 to every future!
Purpose
Contributes to the overall success of the FICC Index team and the Global Analytics and Financial Engineering team ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures
Accountabilities
- Develop and maintain components of a cross-asset index back-testing and simulation platform supporting systematic strategies across equities, fixed income, FX, commodities, futures, and multi-asset portfolios.
- Contribute to the enhancement of the QIS Index platform by building and supporting calculation engines, portfolio analytics, risk reporting, and performance attribution tools.
- Assist in the development of quantitative libraries and services used for index construction, rebalancing, execution modeling, transaction cost analysis, and strategy evaluation.
- Work closely with Structuring, Trading, Research, and Technology teams to implement, test, and deploy systematic investment strategies and bespoke client solutions.
- Build analytical tools to support portfolio construction, factor analysis, scenario analysis, stress testing, and risk management activities.
- Support the automation of workflows related to trade decomposition, hedge generation, booking processes, and operational controls for QIS products.
- Develop and maintain integrations with market data providers, pricing services, and internal data platforms used for strategy research and index calculations.
- Create monitoring dashboards and data quality controls to support production processes and the daily oversight of live QIS strategies.
- Participate in the delivery of scalable, production-grade solutions by collaborating with technology teams on testing, deployment, and release management activities.
- Provide technical expertise and quantitative support to stakeholders across Trading, Risk Management, Product Control, Audit, and Technology.
- Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Develops robust, reliable and user friendly front office analytics for pricing, hedging, risk management and P&L attribution for both intraday and end of day
- Provides daily and on demand quantitative support to the business in a timely manner related to valuation, risks, PnL attribution, hedging and so on
- Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
What You'll Bring:
- PhD or Master’s Degree in Mathematics, Computer Science, Software Engineering, Physics or other quantitative areas
- 4+ years’ experience in Commodity/Equity derivatives and Index products and their valuation models
- Strong programming skills in Python, Java, SQL. Familiarity with C++ a plus
- Familiarity with Windows and Linux platforms
- Very good communication and interpersonal skills and a team player
- Ability to work well in a fast-paced environment with changing priorities
Interested
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.
What's in it for you?
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.
Location(s): United States : New York : New York City
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.
Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.