Manager Credit Risk - Toronto, Canada - Scotiabank

Scotiabank

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Requisition ID: 175543

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

Purpose of Job:

The Manager, Portfolio Insights, SDA Risk, GRM will monitor key risk performance of the Retail Automotive portfolio, and contribute to the
development and enhancement of business intelligence tools and provide actionable insight to the Automotive Risk teams as well as product and
business line partners.

The role is highly technical and requires expert SAS, data analytics and BI tools knowledge, as well as ability to optimize and maximize
efficiency of existing processes. The incumbent will deliver strategic analysis to senior management while working with multiple stakeholders
and partners to facilitate development of Risk-Reward opportunities. He/She will develop optimal analytical methodologies to assess the growth
opportunities, and monitor results.

Responsibilities:

Accountability 1:
Automotive Credit Risk Portfolio Tracking

Use a variety of Business Intelligence analytical and reporting tools (ex. SAS, Python, Tableau) to provide dynamic reporting on key

performance metrics to various stakeholders in GRM and business lines. Lead new report creation and look for opportunities to optimize

workstream.

Provide actionable insights and meaningful messages from the reporting to drive credit risk decisions. Able to tell a story by synthesizing

vast amounts of data into coherent messages.

Proactively provide strategic analysis that will assist in optimizing risk rewards ratios and grow the portfolios
Collaborate with Strategy and Policy teams to provide measurement and reporting on strategic initiatives such as acquisition dynamics

and quality, line optimization and collections effectiveness

Analyze strategy effectiveness, leverage champion/challenger capabilities to confirm assumptions and recommend changes, identify if

any credit risks are or will become in excess of the risk appetite framework and make recommendations on how to mitigate.

Accountability 2:
Customer Focus

Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Understand how the Bank's risk appetite and risk culture should be considered in daytoday activities and decisions.

Accountability 3:
Innovation

Explore opportunities for using latest innovative analytics and Business Intelligence tools to showcase portfolio dynamics, derive

insights and streamline processes

Aim to move from descriptive to prescriptive analytics by focusing on key drivers of portfolio risk and profitability

Accountability 4:
Risk Appetite Framework alignment

Ensure all business line strategic priorities (i.e. lifecycle strategies, early warning triggers, provisioning, etc.) are consistent with Risk

Appetite Framework. Recommend changes to business line strategies to ensure the Bank does not take on more credit risk than

planned.

Actively pursue effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and

effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF

risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory

Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.

Job Requirements:

Bachelor's or Graduate Degree in Math, Engineering, Computer Science, Marketing, Economics or Statistics
3+ years analytical experience required
Must be proficient with MS Office, SAS, SQL, Python, Power BI, Tableau
Strong communication skills essential with clients and management
Strong prioritizing, planning, analytical, presentation, project management, people management and relationship building skills
Must have 1 year of experience working Retail Credit Risk or working with Retail Products

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.