Wealth Credit Structuring Lead - Recovery & Strategy

Scotiabank; Toronto; On-site; CAD 150,000 - 190,000; Full time

Job summary

Scotiabank is seeking a Senior Manager, Wealth Credit Structuring in Toronto, Ontario to lead recovery strategies for high-risk Private Banking accounts. You will coordinate with Private Banking, Credit, and external advisors, delivering strategic guidance and governance across risk policy and remediation efforts.

You will influence across Risk, Legal, Compliance, and Audit teams, ensuring timely credit documentation and adherence to policy.

Qualifications

• Bachelor’s degree in Finance, Economics, Business or related field; MBA or advanced degree is an asset.
• 5+ years in credit policy, credit risk, lending operations, private banking environments, workouts and restructuring.
• Strong knowledge of credit policy, risk appetite frameworks, collateral management, regulatory considerations.
• Understanding UHNW/HNW client needs and complex credit structuring in private banking or wealth management.

Responsibilities

• Lead recovery and resolution strategies for high-risk and complex Private Banking accounts.
• Serve as primary contact for Private Banking, Credit, and external advisors on high-risk files.
• Provide insight on portfolio trends, emerging risks, and opportunities for early intervention.
• Review quarterly risk assessments and provisioning for assigned accounts.
• Navigate credit submissions through adjudication with clear risk and mitigation articulation.
• Ensure adherence to bank policies, regulatory standards, and audit expectations.
• Identify opportunities for process improvement and training with Banking and Credit partners.

Skills

Communication

Stakeholder management

Analytical thinking

Data-driven

Credit analytics

Performance tracking

Influence and collaboration

Education

Bachelor's degree in Finance, Economics, or Business

MBA or advanced degree (asset)

Job description

Scotiabank is seeking a Senior Manager, Wealth Credit Structuring in Toronto, Ontario to lead recovery strategies for high-risk Private Banking accounts. You will coordinate with Private Banking, Credit, and external advisors, delivering strategic guidance and governance across risk policy and remediation efforts.

You will influence across Risk, Legal, Compliance, and Audit teams, ensuring timely credit documentation and adherence to policy.