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 is seeking a Senior Manager for Risk Management within their Retail Credit Risk team. This role involves leading a team to implement risk strategies and policies, focusing on maximizing profitability while maintaining compliance. The ideal candidate will possess a strong background in quantitative modeling and risk management, with proficiency in tools like SAS and Python. Join a dynamic environment that values diversity and inclusion, where you can make a significant impact on the bank's growth and risk strategies in the Caribbean region.

Qualifications

• Advanced degree in relevant fields required, accounting knowledge preferred.
• Experience with SAS, R, or Python is essential for this role.
• Strong skills in data organization and quantitative modeling are crucial.

Responsibilities

• Lead a customer-focused culture to deepen client relationships.
• Manage critical transformational projects for Credit Risk Management.
• Collaborate across teams to promote a strong risk culture.

Skills

SAS

R

Python

Data Organization and Manipulation

Quantitative Modeling

Credit Risk Modeling (PD, LGD)

Communication Skills

Spanish Language Skills

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

Decision Modeler

FDR

Angoss

Model Builder

Job description

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

Join to apply for the Senior Manager, C&CA Life Cycle, Retail Credit Risk role at Scotiabank.

Role Overview

The Risk Management Senior Manager is responsible for risk management within established parameters, leading special initiatives, and collaborating with policy, PMO, Advanced Analytics, Operations, IT, and other teams. This role supports processes to maximize the profitability of Scotiabank International, focusing on risk strategies across various lifecycle areas in the Caribbean region, utilizing tools such as TRIAD, OMDM, TSYS, Strategy Director, Probe, and Decision Modeler. The Senior Manager will lead a team of risk professionals to implement policies, strategies, and models across the life cycle to support bank growth within defined risk appetite.

Key Responsibilities

• Lead a customer-focused culture to deepen client relationships and leverage broader bank relationships, systems, and knowledge.
• Manage critical transformational projects as lead and SME for Credit Risk Management in the Caribbean.
• Collaborate across multiple teams including Products, Sales, Shared Services, Marketing, IT, and Risk & Products teams, promoting a strong risk culture.
• Utilize system technologies (TRIAD, OMDM, TSYS, Strategy Director) to support asset growth through policy and process development.
• Optimize customer management strategies, including credit line adjustments and credit card re-issue strategies.
• Improve operational and credit processes, manage delinquencies, and control losses to ensure profitable portfolio management.
• Support growth initiatives with IB Partners to enhance profitability and minimize losses.
• Develop and coach staff, support performance management, and identify high-potential employees for leadership roles.
• Ensure activities align with the bank’s risk appetite and culture, maintaining effective controls and compliance.
• Create a high-performance, inclusive work environment, fostering team development, succession planning, and a coaching mindset.

Qualifications

• Advanced degree in Economics, Finance, Statistics, Mathematics, Computer Science, Engineering, or related field; accounting knowledge preferred.
• Experience with SAS, R, or Python is required.
• Strong skills in data organization and manipulation, quantitative modeling, and credit risk modeling (PD, LGD).
• Knowledge of stress testing, IFRS 9, credit metrics, and credit loss provisions is an asset.
• Technical skills in TSYS, FDR, Angoss, Model Builder, distributed systems, or cloud computing are desirable.
• Excellent communication skills; Spanish language skills are a plus.
• Experience in retail credit risk management across multiple international locations.
• High technical proficiency in risk systems and methodologies, balanced with business acumen and negotiation skills.

Location

Toronto, Ontario, Canada

Employment Details

• Level: Mid-Senior
• Type: Full-time

Additional Information

Scotiabank is committed to diversity and inclusion. Candidates requiring accommodations during the recruitment process should contact the Recruitment team. Only online applications will be considered. Only selected candidates will be contacted for interviews.