This job board retrieves part of its jobs from: US Jobs | Colorado Jobs | Retail Jobs Canada

Finds jobs across the province today!

To post a job, login or create an account |  Post a Job

  Jobs across the province  

Bringing the best, highest paying job offers near you

previous arrow
next arrow
Slider

Senior Manager, Small Business Credit Strategy, BI & Strategic Initiatives

Scotiabank

This is a Contract position in Toronto, ON posted September 17, 2020.

                                                                                                               

 

 

Requisition ID: 87886

Cost Centre: GLOBAL SB AND WEALTH MGMTCRRISK 

Employee Referral Program – Potential Reward:  

 

We are committed to investing in our employees and helping you continue your career at Scotiabank.

 

Purpose of Job:

 

Contribute to the risk management of Small Business Portfolio by analyzing and monitoring the Small Business Portfolio to ensure portfolio is within risk appetite. Leads the design, development and implementation of proactive portfolio and customer credit & risk management strategies, across both OM and TRIAD.

 

Job Responsibilities:

 

  • Assessing credit risk proposals and providing Senior Management with sound recommendations for changes to credit strategies through sounds and robust portfolio insights. This includes assessment of new program/product, new pilots or pilot extension or program renewals, etc.
  • Provide recommendation on credit strategies with champion/challenger approach that optimize key metrics (new application approval rate, pre-approved leads, credit limit, delinquency, PCL, RAR) leveraging robust analytic and insights which contribute to achieving the Bank’s objectives and meeting customers’ needs within the established risk appetite.
  • Lead the design and implementation of credit risk strategies by:

                 Designing and developing new procedures and tools to address trends and risk strategie.

                 Researching, testing, recommending and implementing the latest analytical techniques for strategy development, where appropriate

                 Identifying, promoting and leading opportunities to improve efficiency and effectiveness of originations and life cycle credit processing procedures including streamlining, automating, and standardization

                 Formulating and preparing written strategy recommendations/business cases to present to executive and stakeholders, including business lines

                 Designing proper champion/challenger testing with structure allowing proper measurement on key success elements of strategies

  • Conduct statistical analysis of existing policy and strategy parameters to determine their impact on PCL and RAR. Provide recommendation as appropriate to enhance performance and overall Customer Experience.
  • Ensure strategy design, development and implementation of risk management strategy across the credit life cycle and Small Business lending products including adjudication, account management and collections.
  • Provide advice and counsel to business partners/local risk on credit risk initiatives related to portfolio management and liaise with key stakeholders, including Risk Technology Team
  • The Senior Manager role requires excellent knowledge of credit risk strategies and adaptive control application experience for strategy implementation, experience with databases, query structures and data extraction to produce portfolio analytics and insights.

 

Job Requirements:

 

  • In-depth understanding of: i) Small Business products and channels, and the markets in which Scotiabank operates; ii) predictive modeling theory combined with expertise  in defining and justifying credit risk strategies based on statistical models and executed via automated systems; iii) collections policies/practices and strategies; and iv) legislative and marketplace issues relative to credit risk management.
  • Strong analytical skills and the ability to design and interpret information/data required to monitor the performance and provide robust insights of the Small Business credit functions are essential.
  • Must be able to articulate their viewpoint/opinions to all levels within Scotiabank, as well as to senior executives. The incumbent must be able to represent Scotiabank on risk management issues in a multitude of external venues (e.g., government regulators, banking committees, external auditors, industry associations, credit bureaus and credit risk forums/roundtables, etc.).
  • Knowledge of credit risk management origination and life cycle techniques in Small Business and/or Retail credit.
  • Robust understanding of statistical theory and applications, including the design of champion/challenger tests utilizing credit risk scores and other risk drivers.
  • Demonstrated experience with databases, query structures and advanced Excel skills.
  • Experience with adaptive control applications and knowledge of credit processing systems for credit strategy implementation.
  • Strong financial skills, solid deductive reasoning, sound judgement and creativity.
  • Ability to communicate effectively, both oral and written – presents and articulates views clearly.
  • Must have experience working with different Credit Strategy tools such as Angoss, TRIAD, MDM

 

Location(s):  Canada : Ontario : Toronto 

As Canada’s International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.

 

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. If you require technical assistance, please click here. 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.