Software Engineer with Quant/Risk Engine Developer, Risk and Valuations

October 1 2020
Industries Bank, Insurance, Financial services
Categories Accounting, Finance, Engineering, Forensic accounting, Fraud
Toronto, ON

Requisition ID: 90227

Join the Global Community of Scotiabankers to help customers become better off.

Purpose

Contributes to the overall success of the Risk and Valuations technology team, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s strategies and objectives.

Peak, the derivatives trading platform is an in house developed product providing complete end to end booking life cycle of the derivative transactions. This is a critical application for Global Banking Markets of Scotia Bank which is used by trading desks across Asia, Europe, North America and Latin America regions. Market data is a key component of the platform used in valuation and risk of derivative trades for different asset classes including fixed income, forex, credit, equity and inflation.

The incumbent will be part of an exciting team that develops and supports the capital markets risk analytics infrastructure, used by the trading teams globally to price and book deals. The individual will have the opportunity to gain experience in cloud-based grid computing, in memory caching as well as risk and valuation analytics.

Accountabilities

  • Integration of Scotia’s C++ Model Library into the Risk and Valuation infrastructure
  • Onboarding of new products and associated analytics into the framework
  • Assist with the development and enhancement of the valuation framework
  • Develop and support RESTful web services for derivatives product pricing and risk calculation
  • Support the development, delivery, and continuous improvement of complex analytics solutions to ensure high quality, depth of analysis, and clear communication of insightful results
  • Pro-actively identify design and implementation of strategic solutions to risk-valuation-related issues.
  • Maintain on-going communication with internal stakeholders throughout the project lifecycle
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Champions a high-performance environment and contributes to an inclusive work environment.

Experience

  • Strong programming skills, with experience in C/C++, Java, Python, etc.
  • Understanding of financial modelling of interest rate, credit and equity derivatives.
  • Experience and understanding of a broad array of underlying risk factors,
  • Experience and understanding of numerical methods
  • Strong problem solving, teamwork and communication skills
  • Ability to manage multiple competing priorities and thrive in an agile environment
  • Comfort and curiosity when working on data of financial products
  • Capital market knowledge preferred
  • Understanding Docker, Jenkins, Kubernetes, cloud-based deployment knowledge preferred

Education

  • Currently pursuing a Bachelor’s or Master’s degree with emphasis in Quant, Computer Science/Computer Engineering/Math/Physics/Statistics/Finance.
  • FRM Certificate preferred
  • Quant courses is an added advantage

Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.

#INTECH

Location(s): Canada : Ontario : Toronto

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.

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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