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Title:  Activate Associate - GRM, Trade Floor Risk Management

 

 

 

Requisition ID: 155352

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

 

Activate, GRM, Market Risk Associate – Fall 2022

 

18-month New Grad Development Program

 

Why work for Scotiabank?
Scotiabank is among the largest banks in the world and the most international bank in Canada. We are powered by our 100,000 high-performing (and awesome) teammates who make a real difference across the globe as a leading provider of advice, products, digital experiences, and financial services. Together with our Digital Factories around the world, we are dedicated to helping our 25 million customers become better-off.

This is a place where you’ll get to learn and develop your skills, while being recognized for your hard work. At Scotiabank, we’re passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy. Say hello to a career at Scotiabank.

 

 

About the GRM, Market Risk Stream:

Trade Floor Risk Management (TFRM):  Provides risk oversight for the trading and treasury portfolio in GBM and Group Treasury.  Working in close collaboration with the business line, TFRM ensures market risks are understood, controlled and communicated.  These involves reviewing risk limits and strategies, including new products.

 

TFRM provides both a governance function for the Bank as well as working with business partners to make better decisions.  There is an inherent balance to find as, on one hand, we are responsible for ensuring risks are controlled, while on the other hand we want the desk to succeed by taking risk.  We need folks who can communicate effectively and deal with ambiguity.  This is more art than science; there is no formula to follow.

 

Is this role right for you? In this role, you will:

  • Rotate though various teams in TFRM; gain exposure to different areas in the department and the various portfolios covered
  • Work on projects that tie into TFRM objectives, including risk reviews
  • Assist on risk reporting and analyzing exposures

 

Do you have the skills and requirements that will enable you to succeed in this role? – We’d love to work with you if:

  • You have a passion for capital markets and strong knowledge of financial products
  • You have foundational knowledge in financial markets, risk analysis and derivatives valuation
  • You are a strong communicator with curious mindsets and confidence to challenge
  • You are self aware, understand your weaknesses and adapt/work to improve
  • You can work under tight deadlines and in a fast-paced environment
  • You are a future leader with a proactive personality
  • You are a Masters level graduate in finance related studies

 

Your Career as an Activate Program Associate:

We know that many of you have a perfect career path in mind post-graduation but navigating it can be difficult! Joining Activate is the answer you’ve been looking for! The Activate program has 5 separate business line streams that you can develop within which you get to select based on your passions and interests:

 

  1. Human Resources/ Marketing
  2. Global Finance
  3. Audit
  4. CPA – Chartered Professional Accounting
  5. Global Risk Management

 

During the Activate program, you will complete multiple rotations within your selected and preferred business line. This is key to your development and aims to ensure you receive a breadth of experience in a short period of time, and that you can discover your passion and we can see where you’ll thrive! Sound intense? It is. You’ll hone your skills in financial literacy and while supporting Strategic Functions, learning about different financial instruments and processes, as well as our products and client-offerings. You’ll strengthen your customer service skill set and expand your operational knowledge. You’ll gain a well-rounded view of the entire organization, while allowing you to gain practical experience working on high-impact projects within the group.

 

But wait – we saved the best for last! The best part is that you will be part of a cohort of students joining as associates at the same time. A really big component of the program is the social and community aspect. You will train together, come together for socials, learning and development sessions, and have a program senior manager dedicated to you and your cohort and everyone’s success and development. Not to mention the opportunity to seek opportunities for upskilling, learning technical skills, or even Spanish (for those Anglophones out there). At Scotiabank, we are obsessed with relationships and your development and success.

 

How do I apply?

Please complete all three steps below:

  1. Complete your PLUM Profile here and save as a screenshot.
  2. Complete a short one-way video interview here.
  3. Apply to the role and when the application asks for your resume, instead upload the screenshot of your PLUM Profile.

 

*To be considered for this opportunity you must complete all three steps above.

Application Deadline: July 5th, 2022

 

Location(s):  Canada : Ontario : Toronto 

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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