Associate Director, Exotic Equity Derivatives Trader at Scotiabank Global Site

Requisition ID: 244277Salary Range:225000.00-225000.00Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors including but not limited to the successful candidates relevant knowledge skills and experience.Join a purpose driven winning team committed to results in an inclusive and high-performing culture.Offered salary is between $225000 and $225000 per year. 40 hours per week.TITLE: Associate Director Exotic Equity Derivatives TraderDUTIES: Scotia Capital (USA) Inc. seeks Associate Director Exotic Equity Derivatives Trader in New York NY to help senior traders manage all market risk on us books by capturing all trades in a timely manner. Provide accurate pricings for all products within area of responsibility as well as backup across the GED trading team as required. Supply feedback to the financial engineering team to expand and improve the EQD model suite and risk management capabilities. Ensure all risks are correctly reflected in risk monitor & compare topline risks to the approved limits outlined in the desks lcs. Adhere to the desks approved volcker operating plan. Assist the EDT team in testing new model enhancements to help reduce model risk post implementation. Analyze & summarize equity vol market activity as requested by sales & by senior management. Update VOLS DIVS & REPOS for all US underliers. Maintain correlation marks using approved tools. Liaise with internal support groups on all operational matters related to the GED trading books. Adhere to 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. Ask insightful questions to continually learn about market dynamics pricing procedures & client relationships.REQUIREMENTS: Masters degree or foreign equivalent in Financial Engineering or a related field and four (4) years of experience in the job offered or related occupation: working with Equity Derivatives and risks associated with products including Volatility Spot Dividends Repo Interest Rates Foreign Exchange and how to manage their risk; employing financial engineering and modeling skills; utilizing programming including VBA and Python; performing statistical and numerical analysis on financial data; and leveraging theoretical probability knowledge to analyze research papers. FINRA SIE required. FINRA Series 7 required. FINRA Series 63 required.Offered salary is between $225000 and $225000 per year. 40 hours per week.QUALIFIED APPLICANTS: Please apply directly through our website by searching for Associate Director Exotic Equity Derivatives Trader & indicate job code JK110425WEB.Location(s): United States : New York : New York CityScotiabank 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.Required Experience:Director Key Skills Program assessment,FDA Regulations,Manufacturing & Controls,Program Evaluation,budget forecast,Research Experience,Operations Management,Research & Development,Strategic Planning,Contract Management,Leadership Experience,negotiation Employment Type : Full-Time Experience: years Vacancy: 1 Yearly Salary Salary: 225000 - 225000