Title: Director, Options Trader, Global Equity Derivatives, Global Banking and Markets
Position & Team Overview/Highlights:
Contributes to the overall success of Global Equity Derivatives & Investor Solutions teams by ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted comply with governing regulations, internal policies and procedures.
This role has been identified as a Material Risk Taker (MRT) and falls into scope under the PRA/FCA Certification Regime. Therefore, the individual is required to be internally “Certified” as a significant harm function.
What You’ll Do:
- Responsible for managing all market risks across the Exotic Europe Index and Single Stock books.
- Ensures all risks are contained within the approved limits outlined in the Desk’s LCS.
- Provides timely and accurate pricing updates for products within my area of responsibility; provide backup across the GED trading team as required.
- Partners with the financial engineering team to expand and improve the EQD model suite and risk management capabilities.
- Ensures all trading is conducted within the Desk’s approved Volcker operating plan.
- Assists the EDT team in testing new model enhancements to help reduce model risk post implementation.
- Communicates with clients on matters related to equity market volatility when requested by Sales.
What You’ll Bring:
- Experience in equity exotic options trading, with a proven track record in risk management.
- Deep expertise in global equity derivatives and structured products, including pricing and managing risk for complex, model-dependent structures such as autocallables, issuer callables, multi-asset, and barrier options.
- Advanced knowledge of derivatives modelling, including Local Stochastic Volatility (LSV) frameworks and correlation skew dynamics.
- Strong academic foundation with a degree in Finance, Mathematics, or related field.
- Fully licensed and registered for trading stocks, options, and futures in European markets.
- Proficient in Python, VBA, and Excel for quantitative analysis and automation.
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): England : Greater London : London (UK)
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