Manager, Small Business Credit Risk - Mississauga, Canada - Scotiabank

Scotiabank

Verified Company

Mississauga, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Requisition ID: 167526

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose

Contributes to the overall success of the Adjudication Centre of Expertise / Global Operations in Canada ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives.

Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

The Manager, Credit Risk is responsible for exercising sound credit judgement, providing quality credit exception decisions while balancing production objectives.

The incumbent demonstrates the ability to deliver sound decision on more complex credit deals.

Accountabilities:

Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
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Provide high quality and in-depth credit decisions by:

Ensuring accurate and complete documentation of rationale for every credit decision; including the assessment of the applicable 5 Cs of credit
Presenting sound and effective recommendations on credit requests above established limits

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Deliver an effective and timely customer experience by:

Ensuring all partner interactions are professional, respectful, and value added
Providing recommendations, alternatives or restructure credit requests, as appropriate
Act with a sense of urgency in response to partner requests and inquiries to assist in meeting customer needs and expectations

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Contribute to ACE objectives/commitments by:

Delivering against established ACE Service Level Agreements targets by:
Consistently achieving KPI target as established
Responding promptly and effectively to credit requests and concerns
Contributing to Deal Support (Contact Centre Internal to ACE) to deliver advice on Credit deals, achieve call answer rate and other relevant customer centric metrics
Taking personal accountability for Lean management activities in order to support continuous improvement through collaborative problem solving, huddles, standard approach to work, visual controls, coaching etc.
Contributing to the evolution of Lean methodology at ACE
Effectively contributing to doing it right the first time
Leading by example in all interactions; communication, service delivery and relationship management

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Optimizing Risk and Return by:

Ensuring decisions are replicable and transparent with appropriate diarized rationale
Champion clarity and riskbased policy improvements across all products.
Making loan decisions within approved lending limits and ACE Limits and Exception Authorities as documented
Identifying and escalating any identified issues (e.g. Anti-Money Laundering-AML; Privacy; Know Your Customer-KYC; Compliance)
Operating within the Bank's risk framework

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Contribute to personal development by:

Promoting a positive work environment that enhances employee satisfaction
Active participation in personal development and functional learning as established
Acting on feedback received and embrace and implement change
Leads development tasks and/or mentorship of peers, as required

Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.

Actively pursues 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.

Champions a high-performance environment and contributes to an inclusive work environment

Skills and Experience You Already Have:

The incumbent must have the following key competencies:

A comprehensive knowledge of the Bank's products and services;
An expert understanding of Bank lending policies and procedures, financial analysis, risk assessment techniques, credit structuring, collateral and security documentation and registration, collection, regulatory, related legislation and accounting practices;
Proven credit judgement and the ability to fully analyze Financial Statements;
Strong analytical and problem resolution skills
Knowledge of all relevant systems as applicable to the ACE unit
Thorough knowledge of The Bank's Regulatory and Compliance requirements as they relate to credit granting, including Privacy, Anti-Money Laundering (AML)/Anti-Terrorist Financing; and Know Your Customer (KYC) requirements
Good understanding of the Bank's credit culture
Effective communication (written and verbal) and interpersonal skills are necessary for professional interactions with customers, partners and business lines to ensure a high level of credibility
Must be organized and be an effective decision maker to meet the d