Scotiabank

Associate Director, QIS Strategist

Scotiabank • $225K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • PhD or Master's degree in Mathematics, Computer Science, Software Engineering, Physics, or other quantitative areas.
  • 8+ years of experience in Commodity/Equity derivatives and index products with valuation models.
  • Strong programming skills in Python, Java, and SQL; familiarity with C++ is a plus.
  • Comfortable working with both Windows and Linux platforms.
  • Excellent communication and interpersonal skills as a team player.
  • Ability to thrive in fast-paced environments with changing priorities.

Responsibilities

  • Design and build a cross-asset index back-testing and simulation framework.
  • Enhance the infrastructure of the QIS Index platform and associated tools.
  • Develop quantitative libraries for index construction and transaction cost analysis.
  • Collaborate with Structuring, Trading, and Research teams on investment strategies.
  • Create analytical tools for portfolio construction and risk management.
  • Automate workflows related to trade decomposition and operational monitoring.
  • Integrate market data sources for strategy research and index calculations.

Benefits

  • Flexible benefit programs supporting family, financial, physical, mental, and social health needs.
  • Empowerment to reach one's fullest potential in a diverse workplace.
Full Job Description
Requisition ID: 274784

Salary Range: 225,000.00 - 225,000.00

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.

Associate Director, QIS Strategist - New York, NY

Global Banking and Markets

Purpose
Contributes to the overall success of the FICC Index team and the Global Analytics and Financial Engineering team ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures

Accountabilities
  • Design, develop, and maintain a robust cross-asset index back-testing and simulation framework capable of supporting futures, equities, fixed income, FX, commodities, and multi-asset investment strategies.
  • Build and enhance the infrastructure of the QIS Index platform, including calculation engines, risk decomposition tools, performance attribution, and portfolio analytics capabilities.
  • Develop quantitative libraries and services to support index construction, rebalancing, execution modeling, transaction cost analysis, and strategy evaluation.
  • Partner with Structuring, Trading, and Research teams to implement and productionize systematic investment strategies and custom client solutions.
  • Create analytical tools for portfolio construction, factor analysis, scenario analysis, stress testing, and risk management.
  • Design automated workflows for trade decomposition, hedge generation, booking integration, and operational monitoring of QIS products.
  • Integrate market data sources and pricing services required for strategy research and index calculations.
  • Develop dashboards and monitoring tools to support production processes, data quality controls, and daily operational oversight of QIS strategies.
  • Collaborate with technology teams to deliver scalable, production-grade solutions and improve release and deployment processes.
  • Provide technical expertise and quantitative support to stakeholders across Trading, Risk Management, Product Control, Audit, and Technology.
  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Develops robust, reliable and user friendly front office analytics for pricing, hedging, risk management and P&L attribution for both intraday and end of day
  • Provides daily and on demand quantitative support to the business in a timely manner related to valuation, risks, PnL attribution, hedging and so on
  • Understands how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of 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.
    What You'll Bring:
  • PhD or Master's Degree in Mathematics, Computer Science, Software Engineering, Physics or other quantitative areas
  • 8+ years' experience in Commodity/Equity derivatives and Index products and their valuation models
  • Strong programming skills in Python, Java, SQL. Familiarity with C++ a plus
  • Familiarity with Windows and Linux platforms
  • Very good communication and interpersonal skills and a team player
  • Ability to work well in a fast-paced environment with changing priorities


Interested
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That's why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What's in it for you?
Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

Location(s): United States : New York : New York City

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
5 Year Trend
+7%
NASDAQ

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