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Manager, Structural Interest Rate Risk

Job in Toronto, Ontario, C6A, Canada
Listing for: Scotiabank
Full Time position
Listed on 2026-09-15
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 120000 - 180000 CAD Yearly CAD 120000.00 180000.00 YEAR
Job Description & How to Apply Below
Elevate your analytical skills at Scotiabank as a Manager focused on Structural Interest Rate Risk in Toronto, Ontario. Drive non-linear hedging strategies and engage deeply with complex derivatives risk.

In this pivotal role, you will manage end-to-end non-linear hedging processes for Banking Book products with optionality. Aimed at candidates with a strong background in derivatives and regulatory requirements, you'll analyze market volatility and partner closely with trading desks. Your insights will optimize hedge effectiveness and drive automation for operational efficiency.

Key Responsibilities:

• Manage non-linear hedging programs for Banking products

• Monitor performance and P&L attribution of hedging strategies

• Analyze market impact on structural risk profile

• Partner with trading and Risk Management teams

• Develop analytics reports to optimize derivative exposures

Requirements:

• Master’s degree in Finance or related field

• 3+ years experience in banking or capital markets

• Proficiency in Python, SQL, and analytics platforms

Strong communication skills for technical concepts

• Understanding of derivatives pricing and regulatory standards

Utilize your expertise in derivatives and risk management to support Scotiabank's strategic goals.
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