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Title:  Analyst, US FX Options Trading




Requisition ID: 108253  


We are committed to investing in our employees and helping you continue your career at Scotiabank. 


Position:  Analyst, FX Options New York


Contributes to the overall success of the Foreign Exchange Options department, 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.


•    Provide timely and accurate FX options pricing to clients, including the construction of tailor made hedging strategies that meet each client’s specific needs.
•    Manage the various linear and non-linear portfolio risks that result from making markets in derivatives and ensure these risks remain within limits.
•    Provide the sales team with FX options market commentary, insights and trade ideas to aid their client interactions.  
•    Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
•    Manage the bulk of the desk’s administrative duties, including trade booking, option expiry, cash rolls and end of day reports.  
•    Understand 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. 
•    Champions a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.

Education / Experience / Other Information (include only those that are specific to the role)

•    Bachelor’s degree in a field such as mathematics, engineering, economics or finance
•    Strong Excel skills are essential, experience using VBA or another programming language is preferred
•    Experience in financial markets preferred; basic knowledge of options and financial derivatives an asset 
•    Candidates must be able to multitask effectively while working in a demanding and intense environment


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.

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