Scotiabank

Director Risk Run and Analytics

Scotiabank • $150K — $180K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Minimum 10 years in Risk or Capital Markets Technology leadership role.
  • Strong knowledge of Capital Markets Risk and relevant regulations.
  • Proven leadership in production support and risk platform delivery.
  • Experience with analytics tools like Tableau and Power BI.
  • Technical proficiency in Python, SQL, and modern software delivery practices.
  • Excellent communication and stakeholder management skills.
  • Degree in Computer Science, Finance, Engineering, or equivalent.

Responsibilities

  • Lead production support for Market and Counterparty Credit Risk applications.
  • Ensure system stability and oversee incident management and production health.
  • Drive modernization of analytics platforms and support automation initiatives.
  • Lead technology for critical VaR and Stress Testing systems.
  • Influence technology strategy and ensure it meets regulatory requirements.
  • Build and nurture a high-performing technology team.
  • Promote collaboration across diverse teams to improve delivery.

Benefits

  • Inclusive and collaborative work environment.
  • Opportunities to learn from industry leaders.
  • Focus on innovation and continuous learning.
  • Flexibility in work design for optimal performance.
  • Competitive total rewards package with performance bonus and matching programs.
Full Job Description
Requisition ID: 269904

Role

The Director, Market Risk and Counterparty Credit Risk Run and Analytics, will lead the technology teams responsible for production support, analytics platforms, and critical risk calculation systems supporting Market Risk and Counterparty Credit Risk.

This role is accountable for ensuring stability, reliability, and effective delivery across three core areas:
    • Run and Production Support
    • Analytics Platforms
    • VaR and Stress Testing Systems


The successful candidate will bring strong Capital Markets Risk knowledge, deep technology leadership experience, and the ability to influence both internal teams and senior stakeholders to build a stable, scalable, and future-proof technical environment. The use of AI, automation, and modern engineering practices is becoming a core expectation for this role.

What will we expect from you?

Run and Production Support
  • Lead the enhanced support team responsible for day-to-day production stability across Market Risk and Counterparty Credit Risk applications.
  • Partner closely with Risk Officers, Trading users, Front Office stakeholders, and Technology teams to resolve issues quickly and reduce recurring production riskAct as the technology gatekeeper to production, ensuring changes, releases, configurations, and deployments follow appropriate testing, controls, release management, and risk review processes.
  • Maintain strong oversight of production health, including incident management, SLA performance, stability metrics, resiliency, and operational risk reduction.
  • Ensure high availability, integrity, and reliability of critical risk systems and business processes.
  • Drive continuous improvement in support practices, monitoring, automation, incident prevention, and root cause remediation.


Analytics Platforms
  • Lead the analytics technology team supporting capital calculation, business intelligence, reporting, and analytics capabilities for Market Risk and Counterparty Credit Risk.
  • Oversee platforms and capabilities including LMS(Limit Management System), Tableau, Power BI, and FRTB Aggregation.
  • Ensure analytics solutions are stable, scalable, well-controlled, and aligned with business needs.
  • Partner with stakeholders to define priorities, manage delivery, and improve the usability, quality, and reliability of analytics outputs.
  • Drive modernization of analytics platforms, including automation, self-service reporting, data quality improvements, and adoption of AI-enabled capabilities where appropriate.
  • Rationalize applications by migrating to enterprise approved targets and manage the application hygiene such as end of life, vulnerabilities and cyber security aspects, and reducing manual work for app hygiene with AI-enabled capabilities.


VaR and Stress Testing Systems
  • Lead the technology team responsible for the critical VaR platform that produces VaR (Value at Risk), Stress Testing and PFE (Potential Future Exposure) outputs.
  • Ensure the VaR and Stress Testing platforms meet expectations for accuracy, timeliness, resiliency, auditability, and regulatory readiness.
  • Oversee operation support, enhancements, controls, and modernization of the VaR technology stack.
  • Partner with Market Risk, CCR (Counterparty Credit Risk), Model Risk, Quants, Infrastructure, and Engineering teams to strengthen the platform and reduce operational risk.
  • Ensure the platform can support evolving business, regulatory, and risk management requirements.


Strategic Leadership
  • Influence the technology strategy for Market Risk and Counterparty Credit Risk by working with the team, stakeholders, and peer technology leaders to define a future-proof architecture.
  • Strong stakeholder management and influencing skills, with the ability to challenge, escalate, and drive upstream teams to resolve recurring production, data, and process issues at their source.
  • Build and execute a roadmap that improves system stability, scalability, resiliency, controls, and engineering efficiency.
  • Promote AI, automation, and modern engineering practices to reduce manual effort, improve production support, and accelerate delivery.
  • Provide technical direction and challenge existing practices where needed to improve long-term platform health.
  • Negotiate priorities, timelines, risks, dependencies, and trade-offs with business and technology stakeholders.
  • Communicate clearly with senior leadership on production risk, delivery status, strategic priorities, and investment needs.


People Leadership
  • Build, lead, and develop a high-performing team of technology professionals across support, analytics, and risk systems delivery.
  • Ensure the team has the right structure, skills, procedures, and governance to support critical risk platforms.
  • Foster a culture of ownership, accountability, engineering excellence, continuous improvement, and production discipline.
  • Develop talent, support succession planning, and create opportunities for team members to grow.
  • Promote collaboration across Technology, Risk, Front Office, Infrastructure, Data, and Engineering teams.


What You Will Bring to Succeed

  • Minimum 10 years of experience in Risk Technology, Capital Markets Technology, or a related technology leadership role.
  • Strong knowledge of Capital Markets Risk, including Market Risk, Counterparty Credit Risk, VaR, Stress Testing, FRTB, risk monitoring, capital requirements, and regulatory expectations.
  • Proven experience leading teams responsible for production support, technology delivery, and complex risk platforms.
  • Experience supporting business-critical systems used by Market Risk, Credit Risk, Trading, Sales, or Front Office users.
  • Strong understanding of production controls, change management, incident management, release governance, and operational risk reduction.
  • Experience with analytics and reporting platforms such as Tableau, Power BI, or similar BI tools.
  • Strong technical background, including experience with Python, Bash scripts, SQL, databases, data platforms, application architecture, and modern software delivery practices.
  • Ability to influence senior stakeholders and technology teams to align on strategy, priorities, and execution.
  • Excellent communication skills, with the ability to explain complex technology and risk issues to senior management.
  • Degree in Computer Science, Finance, Engineering, or equivalent practical experience.


Preferred Qualifications

  • Experience with VaR, Stress Testing, FRTB Aggregation, LMS, Tableau, and Power BI.
  • Knowledge of Python, Java, Linux, databases, infrastructure, networking, and cloud or distributed architecture.
  • Experience modernizing legacy platforms and improving resiliency of business-critical systems.
  • Experience using AI, automation, or advanced monitoring to improve support, delivery, and operational efficiency.
  • Familiarity with regulatory, audit, and control expectations for risk technology platforms.


Success Measures

  • Improved stability, resiliency, and support quality across Market Risk and Counterparty Credit Risk systems.
  • Strong production gatekeeping discipline with reduced release risk and fewer recurring incidents.
  • Clear roadmap for analytics, VaR, Stress Testing, and run modernization.
  • Increased automation and practical adoption of AI across support and delivery processes.
  • Strong stakeholder confidence in the team's ability to support critical risk platforms and deliver strategic improvements.


The Workplace

  • We are technology partners who help the business transform how our employees around the world work
  • We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!
  • You'll get to work with and learn from diverse industry leaders, who have hailed from top technology companies around the world
  • We foster an environment of innovation and continuous learning
  • We care about our people, allowing them to design how they work to deliver amazing results
  • We offer a competitive total rewards package, including a performance bonus, company matching programs (on pension & profit sharing), and generous vacation.


Location(s): Canada : Ontario : Toronto

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
Finance & Insurance
5 Year Trend
+7%
NASDAQ
BNS
* Ladders Estimates

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