Director, Global Risk Management

Scotiabank; Toronto; On-site; CAD 80,000 - 150,000; Full time

Job summary

An established industry player is seeking a Director to drive sound asset growth in Latin America and the Caribbean. This role involves maintaining a robust portfolio of corporate and commercial loans while ensuring compliance with credit policies and local regulations. You will lead a team, providing coaching and training, and work on improving operational efficiencies. If you have a strong background in commercial banking and are fluent in Spanish, this is a fantastic opportunity to join a collaborative and innovative team, dedicated to professional development and creating an inclusive environment.

Benefits

Professional Development Opportunities

Internal Training

Inclusive Working Environment

Modern Workspaces

Flexible Work Environment

Qualifications

• 5+ years of banking experience in commercial/corporate banking.
• Strong decision-making skills and financial analysis expertise.

Responsibilities

• Contribute to the quality of the loan portfolio and ensure sound decision-making.
• Lead projects to improve operational efficiencies and client focus.

Skills

Commercial Banking Knowledge

Credit Adjudication

Financial Analysis

People Management

Spanish Fluency

Communication Skills

Education

MBA and Accounting Designation (CA, CFA, CMA)

MBA and Business/Economics Bachelor

Job description

Requisition ID: 221203

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

The Director, GRM contributes to the sound asset growth and profits of assigned units in Latin America and the Caribbean, by ensuring the assigned portfolio of corporate and commercial loans is maintained in sound condition within the Bank's current credit policy and local regulations.

Ensure development and coaching of Team Members and provide constant training to banking and local credit to align risk appetite and share best practices.

Lead value-added projects to improve operational efficiencies.

Is this role right for you? In this role, you will:

Financial

• Contribute to the quality of the loan portfolio through:
• Providing prompt and sound decision making in the analysis and adjudication of credit proposals within assigned limits;
• Making recommendations to the appropriate adjudicating levels;
• Providing recommendations to improve the structure of marginal proposals into bankable deals as appropriate;
• Monitoring the timely submission of all applications;
• Improving the quality of applications and submissions;
• Ensuring the accuracy of data in various databases and reports.

Operational

• Ensure that all terms and conditions of authorizations are accurate and that the Bank's position is fully protected by way of adequate security requirements and appropriate credit conditions.
• Ensure risk assessment guidelines are applied and provide feedback and guidance to the field on these principles.
• Proactively investigate opportunities on operational efficiencies and lead the change.
• Ensure the maintenance of acceptable quality in the portfolio by:
• Monitoring the quality of accounts;
• Monitoring portfolio/industry emerging trends and recommending suitable courses of action;
• Following for submission of reporting in accordance with requirements established for individual accounts.

Client Focus

• Contribute to the profitable development of commercial credit in the assigned geographical/industry areas by providing direction, guidance and meaningful constructive feedback to the field.
• Model strong customer service excellence and customer satisfaction.

People

• Work effectively with other team members, Banking and other areas of the Bank.
• Adapt positively to change, and work effectively in a variety of situations.
• Provide supervision, direction and counsel by ensuring optimal performance from subordinates through effective management.
• Involved actively in the development of credit and banking Officers.

Do you have the skills that will enable you to succeed in this role? We’d love to work with you if you have experience with:

• MBA and Accounting Designation: CA, CFA or CMA, or
• MBA and Business/Economics Bachelor.
• 5 or more years' banking experience including knowledge of commercial/corporate banking or credit adjudication is essential.
• Prior financial and business analysis experience with excellent decision-making skills;
• Strong people management skills with demonstrated commitment to coaching and developing staff.
• Excellent verbal and written communication skills. Ability to debate credit applications with Banking and Senior Credit Committee, providing recommendations as appropriate.
• Ability to conduct business fluently in Spanish is required.
• Knowledge of competitor practices, political, economic and business trends in Central America, the Caribbean and Latin America.

What's in it for you?

• The opportunity to join a forward-thinking and collaborative team, surrounded by innovative thinkers.
• A rewarding career path with diverse opportunities for professional development.
• Internal training to support your growth and enhance your skills.
• An inclusive working environment that encourages creativity, curiosity, and celebrates success!
• Work in an Ecosystem; a bright, modern space where you’ll have access to group seating, offices, collaboration spaces, a cafeteria with different options daily, a bistro, and more.
• Hybrid Work Environment.

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. 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.