Requisition ID: 258033
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Director, Counterparty Credit Risk Technology is accountable for defining, delivering, and sustaining the technology strategy, platforms, and operating model supporting Counterparty Credit Risk monitoring within Capital Markets.
This role combines strategic leadership with endtoend platform ownership. The Director is responsible for ensuring exceptional stability, reliability, and operational resilience of missioncritical risk systems, while analyzing the current landscape, defining strategic direction, and leading transformation toward a clearly articulated northstar vision.
The successful candidate will challenge the status quo, promote modernization, and mobilize Technology teams and Business stakeholders to adopt new ways of working—while maintaining the highest standards of control, governance, and production discipline.
Is this role right for you? In this role you will:
- Assess the current Counterparty Credit Risk technology landscape, including platforms, architecture, data, delivery practices, and operating model.
- Identify strategic gaps and opportunities for simplification, modernization, scalability, and resilience.
- Define and communicate a clear northstar vision and targetstate architecture aligned with Capital Markets strategy and regulatory expectations.
- Translate strategy into a multiyear roadmap with clear milestones, sequencing, and outcomes.
- Act as a change leader, challenging legacy approaches and driving adoption of strategic change internally and with external partners.
- Own the endtoend lifecycle of Counterparty Credit Risk applications, including production support, maintenance, release management, and continuous improvement.
- Ensure high availability, stability, integrity, and reliability of all platforms through strong operational discipline.
- Establish standards for incident management, rootcause analysis, SLA performance, and proactive risk mitigation.
- Serve as gatekeeper of production, ensuring rigorous testing, change, and release management.
- Balance transformation initiatives with robust controls appropriate for critical risk systems.
- Lead complex initiatives from strategy and inception through design, build, launch, and postimplementation stabilization.
- Apply strong program and project management discipline to manage scope, risk, dependencies, and delivery outcomes.
- Ensure execution remains aligned with the strategic roadmap and target architecture.
- Provide senior technical leadership across:
- Cloud platforms and infrastructure
- Data management, analytics, and reporting
- CI/CD pipelines and modern delivery practices
- AI enablement to enhance risk insights and automation
- Ensure platforms are scalable, resilient, and well governed, aligned with enterprise architecture and data standards.
- Act as a trusted partner to Risk leadership, Trading, and senior Technology stakeholders.
- Communicate complex technical and risk topics clearly to VP and SVPlevel audiences.
- Provide transparent updates on strategy, delivery progress, risks, and tradeoffs.
- Build strong crossfunctional relationships to drive shared ownership of outcomes.
- Lead and develop a large, multidisciplinary organization of developers, business analysts, and system support professionals.
- Build a culture emphasizing stability, accountability, continuous improvement, and openness to change.
- Motivate teams and business partners to move beyond maintaining the status quo toward delivering strategic outcomes.
- Drive talent development, leadership growth, and succession planning.
Do you have the skills that will enable you to succeed in this role? We’d love to work with you if you have:
- 10+ years of experience in Capital Markets, with deep exposure to Market Risk monitoring and strong preference for Counterparty Credit Risk.
- Proven experience running market risk applications end to end, including production support, maintenance, release management, and feature delivery.
- Demonstrated experience managing large technology teams across development, analysis, and support.
- Expertlevel project and program management experience delivering initiatives from inception through postdelivery.
- Excellent communication skills with a proven track record of influencing VP and SVPlevel stakeholders.
- Experience with Python, Java, SQL, and relational databases (PostgreSQL, Oracle).
- Experience with cloud computing, data platforms, delivery pipelines, and analytics.
- Exposure to AI enablement in enterprise technology environments.
- Degree in Computer Science, Engineering, Finance, or equivalent.
- Strategic thinking with strong execution discipline
- Ability to challenge the status quo and lead change
- Deep domain credibility in Counterparty Credit Risk Technology
- Strong people leadership and organizational influence
- Executive presence and communication effectiveness
What's in it for you?
- Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employee to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
- Accessibility and Workplace Accommodations - We value the unique skills and experiences everyone brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove, and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
- Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
- Competitive Rewards program including bonus, flexible vacation, personal, sick days and benefits will start on day one.
- Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs such as hackathons, contests, cooking with friends, Humans of Digital and much more!
Location(s): Canada : Ontario : Toronto
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.
