Manager Credit Risk Governance Unsecured, Retail Credit Risk, Global Risk Management

Scotiabank; Toronto; On-site; CAD 110,000 - 150,000; Full time

Benefits offered by this job

Performance bonus

Employee Share Ownership Program

Pension Plan Matching

Health Benefits from day one

Job summary

Scotiabank in Toronto, Canada seeks a Manager, Credit Risk Governance to contribute to Retail Credit Risk in Canada by challenging unsecured lending risk strategy and policy changes. You will review CRPs, support 2B oversight, and monitor strategy performance while collaborating across policy teams and first-line partners to mitigate risk.

The role emphasizes customer-focused relationship building, adherence to risk appetite, and day-to-day controls within Scotiabank’s governance framework.

Qualifications

• Relevant experience in credit lending, risk management, or related analytical roles.
• Knowledge of credit risk origination/account management techniques, retail lending strategies, and loan loss provisions/delinquency management.
• Strong experience in data analysis and technical proficiency.
• Strong planning and organization skills, with ability to multi-task and manage changing priorities.
• Self‑driven, organized, and comfortable with ambiguity, demonstrating strong judgment and problem‑solving skills.
• Strong written and verbal communication skills.
• University degree in business, economics, statistics, mathematics, management sciences, or analytics.

Responsibilities

• Review and provide effective challenge recommendations on Credit Risk Proposals (CRPs) for originations and account management strategies predominantly for Unsecured Lending products (credit cards, unsecured lines of credit, etc.) to ensure alignment with the Bank’s established policies and risk appetite.
• Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Support the second line “2B” challenge function with providing independent oversight on credit risk strategy and policy changes, ensuring alignment with the established governance process.
• Perform in-depth review of incoming CRPs, analyze and make recommendations to improve origination/account management and underwriting strategies, along with improvements to existing processes and procedures.
• Support ongoing strategy performance monitoring and reporting to senior management, including making recommendations on existing strategies and policies.
• Liaise with the policy teams and first line partners to address any identified gaps in the CRP and provide input and guidance on mitigating strategies, as applicable.
• Support the 2B team with special projects or investigations as requested by management.
• 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 their 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.

Skills

Credit risk

Risk management

Data analysis

Communication skills

Analytical thinking

Education

University degree in business/economics/statistics/mathematics/management sciences/analytics

Job description

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Requisition ID: 275307
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Manager, Credit Risk Governance contributes to the overall success of Retail Credit Risk in Canada by providing effective challenge on Unsecured credit risk strategy and policy changes to ensure the lending portfolio is managed in alignment with the Bank’s established risk appetite and in compliance with governing regulations and internal policies.

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

• Review and provide effective challenge recommendations on Credit Risk Proposals (CRPs) for originations and account management strategies predominantly for Unsecured Lending products (credit cards, unsecured lines of credit, etc.) to ensure alignment with the Bank’s established policies and risk appetite.


• Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.


• Support the second line “2B” challenge function with providing independent oversight on credit risk strategy and policy changes, ensuring alignment with the established governance process.


• Perform in-depth review of incoming CRPs, analyze and make recommendations to improve origination/account management and underwriting strategies, along with improvements to existing processes and procedures.


• Support ongoing strategy performance monitoring and reporting to senior management, including making recommendations on existing strategies and policies.


• Liaise with the policy teams and first line partners to address any identified gaps in the CRP and provide input and guidance on mitigating strategies, as applicable.


• Support the 2B team with special projects or investigations as requested by management.


• 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 their 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.

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

• Relevant experience in credit lending, risk management, or related analytical roles


• Knowledge of credit risk origination/account management techniques, retail lending strategies, and loan loss provisions/delinquency management


• Strong experience in data analysis and technical proficiency


• Strong planning and organization skills, with ability to multi-task and manage changing priorities


• Self‑driven, organized, and comfortable with ambiguity, demonstrating strong judgment and problem‑solving skills


• Strong written and verbal communication skills


• University degree in business, economics, statistics, mathematics, management sciences, or analytics.

What’s in it for you?

• An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!


• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!


• Your career matters! You will have access to career development and progression opportunities.

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 .