Manager Credit Risk Provisions and Analytics

Scotiabank; Toronto; On-site; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Performance bonus

Employee Share Ownership Program

Pension Plan Matching

Health Benefits from day one

Job summary

Scotiabank is seeking a skilled professional to join the Global Credit Provisions Reporting & Planning team. The role focuses on consolidating and validating Global Credit ACL and PCL metrics for monthly and quarterly reporting, supported by data analytics and automated controls.

You will contribute to forecasting, planning, and financial disclosures, applying AI-enabled tools to streamline processes and dashboards for senior management.

Qualifications

• University degree in finance or accounting with quantitative emphasis.
• Experience applying data analytics and automation to reporting processes.
• Minimum of 3 years in Credit Risk and financial reporting.
• Proficiency in SAS, SQL, Python, VBA; advanced Excel and Power BI skills.

Responsibilities

• Consolidate, validate, and analyze Global Credit Provisions metrics for monthly/quarterly reporting.
• Support ACL and PCL forecasting and planning through data extraction and modelling.
• Assist quarterly financial disclosures, ensuring IFRS 9 alignment and internal controls.
• Identify and implement process improvements using AI-enabled tools and automation.
• Develop dashboards and management reporting tools for ACL, PCL, and portfolio trends.
• Stay current on provision methodology and IFRS 9 accounting standards.

Skills

Data analytics

Credit risk analysis

Project management

Communication

Time management

Education

Finance/Accounting degree

Tools

SAS

SQL

Python

VBA

Power BI

Excel

Job description

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

As a member of the Global Credit Provisions Reporting & Planning team, contributes to the overall success of the Global Credit Provisions team who are accountable for establishing prudent levels of loan loss allowances (ACL) for the Global portfolios.

The incumbent will be responsible for the aggregation of Global Credit ACL and Provision for Credit Losses (PCL) within controlled environment to support financial booking and disclosure processes and monthly planning and forecasting exercises.

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

• Consolidate, validate, and analyze Global Credit Provisions metrics for monthly and quarterly reporting, leveraging data analytics and automated controls aligned with the Bank’s end user control (EUC) directive.
• Support ACL and Provision for Credit Losses forecasting and planning processes through data extraction, modelling, variance analysis, scenario assessment, and automation of recurring reporting activities.
• Support quarterly financial disclosure process by preparing, validating, and analyzing ACL and PCL data, ensuring completeness, accuracy, and alignment with IFRS 9 and internal control requirements.
• Identify, design, and implement process improvements using AI-enabled tools, automation technologies, and data analytics to streamline reporting, reconciliation, forecasting, controls, and dashboard development.
• Develop and maintain provisions metrics dashboards and management reporting tools to provide timely insights into ACL, PCL, portfolio trends, key drivers, and control indicators.
• Keep up-to-date on provision methodology and be knowledgeable of IFRS9 accounting standard.

Skills

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

• University degree in business (finance, accounting) and quantitative (data science, analytics, mathematics, statistics) field.
• Experience applying AI-enabled tools, automation technologies, and data analytics to improve processes.
• A minimum of 3 years progressive experience in Credit Risk and financial reporting
• Proficiency in SAS, SQL, Python, and VBA, with experience extracting, transforming, validating, and analyzing large datasets to support reporting, forecasting, and automation initiatives.
• Knowledge of current industry trends, regulatory requirements, and industry best practices
• Familiar with the Bank's General Ledger and / or has experience with preparing financial note disclosures
• Advanced proficiency in Excel, PowerPoint, and Power BI, including dashboard development, data visualization, and preparation of senior management presentations.
• Sound project and time management skills; strong organizational and prioritization skills; effective communication skills, both verbal and written
• 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.