Manager, Advanced Analytics, Caribbean & Central America, Global Risk Management (12-month contract)

Scotiabank; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading bank in the Americas seeks a Manager for Advanced Analytics in Toronto to oversee credit risk strategies. The role focuses on leveraging data-driven insights to enhance retail banking solutions, requiring strong analytical, SQL, SAS, and PowerBI skills. Candidates should have a relevant degree and at least a year of experience in credit risk or portfolio management. The bank values diversity and is committed to inclusivity, aiming for excellence through innovative practices.

Qualifications

• Minimum 1 year’s experience in credit risk strategy design or retail portfolio management.
• Strong knowledge of retail or small business portfolio performance and credit risk measurement methods.
• Ability to work with large volumes of data.

Responsibilities

• Monitor and evaluate credit risk strategies to identify opportunities.
• Provide data-driven recommendations leveraging internal and external data.
• Implement credit strategy design with business partners.

Skills

Credit risk strategy design

Retail portfolio management

SQL

SAS

PowerBI

Data analysis

Presentation skills

Education

University or post-graduate degree in Economics, Finance, Business, Mathematics, or Computer Science

Tools

Big data ETL processing

Job description

Manager, Advanced Analytics, Caribbean & Central America, Global Risk Management (12-month contract)

Requisition ID: 243993

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

GRM Retail Credit Risk aims to be an industry leader in developing innovative solutions for Retail Banking. This is accomplished using advanced analytics, agile principles and disciplined risk governance. To align with its departmental mission to modernize Credit Risk, the advance analytics team acts as an idea incubator and analytical use cases accelerator, leveraging non-traditional data, advanced analytic algorithms and enterprise platforms. The team relies on retail credit risk expertise and key business partners to provide consulting services within GRM and help building the next generation of retail credit solutions at Scotiabank. The Manager will work on key projects aimed at accelerating benefits for customers and the bank, leveraging enterprise-level data management toolkits. She/he will work closely with Global Risk teams, the Business lines, Digital Banking and IT to leverage data analytics to enhance retail and small business lending portfolios within risk appetite thresholds. The candidate will help identify and recommend opportunities to deliver innovative credit offers based on risk-reward framework and the GRM’s digital strategy. The role requires rigorous logical thinking, curiosity, flexibility and great teamwork abilities. The candidate will be at the intersection of data engineering, math and statistics, and domain knowledge in Risk Management. She/he will participate in risk-reward strategy development to drive innovation and digital transformation throughout the Bank and Global Risk Management.

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

• Monitor and evaluate existing credit risk strategies (e.g. credit origination, account management, collections strategies and/or other credit solutions) to identify opportunities and provide data driven recommendations to ensure the Bank remains within risk appetite
• Work with key stakeholders to provide data driven recommendation leveraging the Bank’s internal data infrastructure and external data (where possible). Define data requirements and provide analytical support for business proposals.
• Implement data driven credit strategy design with business partners, utilizing subject matter expertise to develop customer segmentation, credit limits assignment, pre-approval, and credit lifecycle strategies for retail and small business
• Facilitate with business case development that model profit and risk trade-offs of strategies initiated and follow up with operation monitoring and champion/challenger performance tracking.
• Conduct in-depth analysis to identify change in credit quality, exceptions, customer behavior and origination trends. Develop and track early-warning indicators to identify population shifts. Provide periodic recommendation for risk controls and strategy enhancement.

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

• University or post-graduate degree in Economics, Finance, Business, Mathematics, or Computer Science
• Minimum 1 year’s experience in credit risk strategy design and/or retail portfolio management field
• Strong knowledge of retail or small business portfolio performance and credit risk measurement concepts and methodologies
• Ability to work with large volumes of data and proficient working experience with SQL, SAS, and PowerBI
• Results driven mindset with proven record of abilities to translate data and analysis to actionable insights
• Excellent written and presentation skills to present insights and explanation to various stakeholders within the organization
• Experience in big data ETL processing is an asset

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.