Director, Investment Grade Credit Trading

About the role

Contributes to the success of the US Investment Grade Cash Trading Desk which is a part of Global Fixed Income ensuring specific individual goals, plans, and initiatives are executed/delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are following governing regulations, internal policies, and procedures.

Responsibilities

• Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Support the Debt Capital Markets franchise through trading in the secondary bond market.
• Drive revenue and trading volumes through interactions with our clients and prudent risk taking.
• Foster new and existing client relationships in addition to cross-selling existing relationships across other areas and product groups.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Manage trading inventories and generate trading revenues in compliance with limits and the bank’s risk profile.
• Actively pursue effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Champion a high performance environment and contribute to an inclusive work environment.

Requirements

• Holds relevant bachelor’s degree (Commerce, Finance, Economics, Mathematics or related discipline)
• CFA designation an asset
• SIE, Series 7 and Series 63 licenses.
• Associated Person of swap dealer. NFA Swap Proficiency Requirement within 30 days
• Strong financial and computer literacy
• Strong written and verbal communication skills
• Ability to multitask, excellent problem resolution and time management skills

Qualifications

• Minimum 5 years of relevant experience in investment banking, trading, or a related field.
• Experience in Investment Grade Credit Trading preferred.
• Knowledge of regulatory requirements and compliance standards.

Skills

• Strong analytical and problem-solving skills.
• Excellent interpersonal and communication skills.
• Proficient in Microsoft Office Suite.
• Experience with Bloomberg and Thomson Reuters platforms.

Benefits

Scotiabank offers a comprehensive benefits package, including:

• Health, dental, and vision insurance
• Retirement savings plan
• Flexible spending accounts
• Employee assistance program
• Generous paid time off policy

Pay

$300,000.00 - $300,000.00 per year

Schedule

Full-time

Location

New York, United States