Senior Manager, C&CA Life Cycle, Retail Credit Risk

Scotiabank; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

An established industry player seeks a Risk Management Senior Manager to lead initiatives that enhance profitability while managing risk. This role involves collaboration with various teams, utilizing advanced tools to implement effective risk strategies across the Caribbean region. Ideal candidates will have a strong quantitative background, experience in credit risk modeling, and the ability to foster a customer-focused culture. Join a dynamic team dedicated to creating an inclusive environment where your contributions will directly impact the bank's growth and success.

Qualifications

• Advanced degree in a quantitative field is required.
• Experience with SAS, R, or Python is essential for this role.
• Strong skills in data organization and manipulation are necessary.

Responsibilities

• Lead and manage critical transformational projects in Credit Risk Management.
• Collaborate across multiple teams to promote a strong risk culture.
• Develop and coach staff while supporting performance management.

Skills

SAS

R

Python

Data Organization

Quantitative Modeling

Credit Risk Modeling

Communication Skills

Spanish Language

Education

Advanced Degree in Economics

Advanced Degree in Finance

Advanced Degree in Statistics

Advanced Degree in Mathematics

Advanced Degree in Computer Science

Advanced Degree in Engineering

Tools

TRIAD

OMDM

TSYS

Strategy Director

Model Builder

Cloud Computing

Job description

Requisition ID: 223195

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

The Risk Management Senior Manager is responsible for risk management within established parameters, leading special initiatives, and collaborating with teams such as policy, PMO, Advanced Analytics, Operations, and IT. This role supports processes to maximize the profitability of Scotiabank International and its efforts to protect and enhance shareholder value. Key responsibilities include planning, developing, and implementing risk strategies across various lifecycle areas in the Caribbean region, utilizing tools like TRIAD, OMDM, TSYS, Strategy Director, Probe, and Decision Modeler. The Senior Manager will lead a team of risk professionals to drive policy, strategy, and model system implementations to support growth within the bank's risk appetite.

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

1. Lead and foster a customer-focused culture within your team to deepen client relationships and leverage broader bank systems and knowledge.
2. Manage critical transformational projects as the lead and SME for Credit Risk Management across the Caribbean region.
3. Collaborate across multiple teams including Products, Sales, Shared Services, Marketing, and IT, providing leadership and guidance to promote a strong risk culture.
4. Utilize available system technologies (TRIAD, OMDM, TSYS, Strategy Director) to ensure continued growth through effective policy and process development and implementation.
5. Lead optimization of customer management strategies, including credit line adjustments and credit card re-issue strategies.
6. Balance risk and return, improve operational processes, and manage delinquency and losses to ensure profitable portfolio management.
7. Support growth initiatives with IB Partners to maximize profitability and minimize losses.
8. Develop and coach staff, supporting performance management and identifying high-potential employees for leadership roles.
9. Incorporate the bank's risk appetite and culture into daily activities and decision-making.
10. Create an environment that promotes efficient operations aligned with Scotiabank’s values, code of conduct, and compliance requirements, including operational, AML/ATF, sanctions, and conduct risks.
11. Build a high-performance team environment, attracting, developing, and retaining talent through inclusive practices, coaching, and succession planning.

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

• An advanced degree in Economics, Finance, Statistics, Mathematics, Computer Science, Engineering, or a related quantitative/technical field; some knowledge of accounting is preferred.
• Experience with SAS, R, or Python is required.
• Strong skills in data organization and manipulation.
• Advanced quantitative modeling skills.
• Experience in credit risk modeling, particularly probability of default and loss given default, is desirable.
• Knowledge of stress testing, IFRS 9, and bank financial metrics, with an understanding of credit products and provisions for credit losses.
• Technical skills such as TSYS or FDR, Angoss, Model Builder, distributed systems, or cloud computing are a plus.
• Strong communication skills.
• Spanish language skills are a plus.
• Experience in retail credit risk management across multiple international locations.
• A result-oriented approach with high technical and statistical knowledge, balanced by an understanding of business environments.
• Interpersonal skills and relationship-building ability to promote acceptance of risk initiatives, with strong negotiation skills.

Location: Toronto, Ontario, Canada

Scotiabank is a leading bank in the Americas, guided by our purpose: "for every future." We help our customers and communities achieve success through a broad range of financial services. We value diverse skills and experiences and are committed to an inclusive, accessible environment. If you require accommodations during the recruitment process, please inform our Recruitment team. Candidates must apply online; only shortlisted candidates will be contacted. Thank you for your interest in a career at Scotiabank.