Title:  Associate Director, E-Trading

Requisition ID: 204652

 Salary Range: 175,000.00 - 175,000.00 

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.

TITLE: Associate Director, E-Trading

DUTIES: The Bank of Nova Scotia seeks Associate Director, E-Trading in New York, NY to build, implement, and oversee e-trading functionality for client Request-For-Quote (RFQ) trading. Conduct Government Bond (US Treasuries) and Corporate Bond price discovery research and client flow analysis. Work alongside sales and trading on risk profiling of US Treasury and Corporate Bond e-trading books for facilitating institutional trading. Build execution strategies for US Treasury positions resulting from RFQ  trading. Research, develop, and oversee hedging strategies and centralization models for US Treasuries. Manage data repository for efficient functioning of Algorithmic Trading systems. Liaise with sales, trading and risk leadership on strategic e-trading initiatives. Develop, implement, manage and present business strategies for optimization and growth of different client segments. Provide post-trade reports for sales and trading teams. Collaborate with trading leadership on pricing strategies for less liquid instruments. Work with external vendors, consultants and platforms on day-to-day management of trading engines, strategic opportunities, and data requirements.

REQUIREMENTS: Master’s degree or foreign equivalent in Statistics or a related field and five (5) years of progressively responsible experience in the job offered or related occupation:  working with mathematical models for electronic trading/market making of financial instruments, including techniques involving Statistics and Probability Theory, Machine Learning techniques and its application to financial markets; working with database query languages, including Q/KDB; utilizing experience with production-level software development in Python; utilizing experience with python statistical packages; and working with productivity tools including Microsoft Excel and its plugins.

Offered salary is between $175,000 and $175,000 per year. 40 hours per week.

QUALIFIED APPLICANTS: Please apply directly through our website https://www.scotiabank.com/careers by searching for Associate Director, E-Trading & indicate job code YX072324WEB.
 

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.