Title:  Senior Manager, Market Risk Analytics

Requisition ID: 257940 

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

As part of Scotiabank Global Risk Management (GRM), the Market Risk Analytics group leads the Bank’s market risk capital and stress testing programs amid evolving regulatory and market conditions. The team analyzes and reports enterprise market risk exposures - including VaR, stress testing, and regulatory capital - across the full suite of capital markets products.

The role ensures enterprise market risk exposures are accurately measured and clearly explained in the context of market movements and trading strategies. It is well suited for an experienced people leader with strong capital markets expertise, a quantitative background, and the ability to manage competing priorities while maintaining high standards of accuracy and control, within a collaborative and supportive risk management environment.

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

• Provide strong people management and leadership in supporting the Director’s oversight of enterprise‑level market risk monitoring (VaR, stress testing, and capital), ensuring results are robust, timely, and clearly articulated to senior stakeholders.
• Review, challenge, and guide analytical outputs and reporting to ensure accuracy, consistency, and adherence to strong governance and control standards.
• Set and manage priorities across BAU deliverables and regulatory initiatives within market risk, exercising sound judgment in a fast‑paced environment.
• Drive cross‑functional initiatives to enhance market risk analytics, reporting capabilities, and scalable solutions, delivering outcomes on time and with impact.
• Act as a trusted partner to trading floor business owners and senior stakeholders across Risk, Capital Management, Finance, and Technology, providing forward‑looking risk and capital insights to support business growth plans.
• Lead and develop a team (1-2 direct reports), setting clear direction and expectations while building capability and accountability in the delivery of market risk and capital impact analysis.

Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with: 

• Proven people management experience, with the ability to lead, develop, and motivate teams in a complex, deadline-driven environment.
• 4+ years of experience in financial services, with strong exposure to capital markets, market risk management, and related regulatory requirements.
• Deep understanding of market risk methodologies, including VaR, stress testing, market risk capital, and financial derivatives.
• Strong project management, organizational, and execution skills, with demonstrated experience managing cross‑functional initiatives, timelines, and competing priorities while maintaining accuracy and control.
• Excellent analytical, problem‑solving, and communication skills, with the ability to translate complex analysis into clear, senior‑level insights and exercise sound judgment.
• Demonstrated expertise in developing analytics and dashboards using Power BI or Tableau, with strong programming capabilities (e.g., Python, SQL, VBA, Unix/Bash).
• Master’s degree in quantitative discipline (e.g., Mathematics, Finance, Economics) preferred; professional designation (CFA, FRM, PRM) strongly preferred; PhD an asset.

What's in it for you? 

• We have an inclusive and collaborative work environment that values curiosity & ownership, encourages pragmatic creativity (i.e. true innovation), and celebrates success!
• A rewarding career path with diverse opportunities for professional development Internal training to support your growth and enhance your skills.
• Hybrid Work Environment
• A competitive rewards package that includes a base salary, a performance bonus, company matching programs on pension and profit sharing, paid vacation, personal & sick days, medical, vision and dental benefits that start from day one and much more! 

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.