Financial Engineer
This position will be at an Associate Director or Director Level, dependant on skills and experience.
Energy and Agriculture Commodities (EAC) trading is a high growth area of increasing global importance. Scotia Bank is committed to expanding its EAC business, which is a key strategic priority, and is actively building its capabilities in both financial and physical asset trading across all North American gas and power markets. We are looking for bright and creative minds to expand the energy derivative capabilities of our quantitative modeling group.
The successful candidate will be expected to stay current with developments in this evolving field. He/She will be expected to work effectively with traders and other quant members.
Position Responsibilities
- Developing pricing models and hedging tools for EAC products and business lines including both financial and physical products.
- Working with the trading desk to investigate valuation and hedging questions.
- Developing pricing strategies for structured transactions.
- Enabling rapid new product introduction through tactical solutions.
- Providing analytic content in joint projects with the risk management and technology groups, such as credit reserve modeling and Value-at-Risk.
- Participating in developing models for asset classes other than EAC products as the opportunity arises.
Position Qualifications
- Advanced mathematical finance expertise and strong quantitative and problem solving skills.
- Knowledge of energy and/or agriculture markets and models. Three or more years’ related experience is desired.
- Strong programming skills – particularly C++, VBA, Matlab, Unix, Excel interfaces.
- Ability to work well in a fast-paced environment with changing priorities.
- Strong communication and interpersonal skills and a team player.
Education Qualifications: Ph. D degree in Computer Science, Mathematics, Engineering, Physics or other quantitative disciplines is desired.
Global Banking and Markets, the Corporate and Investment Banking Division of Scotiabank, provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. The Global Capital Markets unit of Global Banking and Markets has sales and trading operations in Toronto, Calgary, New York, London, Latin America and the Far East that are active in energy, agricultural, precious and base metals, fixed income, credit, equity, foreign exchange financial products.
Scotiabank is an equal opportunity employer and welcomes applications from all interested parties. We thank you for your interest, however, only those candidates selected for an interview will be contacted. No agencies please.
Leave a Reply
You must be logged in to post a comment.