Senior Manager Country Oversight - Retail Credit Bilingual English Spanish 219155

Requisition ID: 219155

Join a purpose driven winning team committed to results in an inclusive and highperforming culture.

The Senior Manager Country Oversight is responsible for risk management within established parameters through effective governance and oversight as well as the review of general strategy initiatives policies processes to exercise good stewardship in the role in order to maximize the overall profitability of Scotiabank International and its efforts to protect and build shareholder value. An understanding of both traditional retail mass market as well as consumer and microfinance segments is an asset to properly identify key success metrics and formulate effective risk management strategies. Specifically the individual is responsible for the relationship with both country management and local risk management along with the coordination and implementation of IBs best risk management practices across the countries.

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

Relationships & Communications

• The Sr. Manager Country Oversight will establish a presence as Country subject matter expert to senior stakeholders and business leads by managing internal relationship with local risk team as central point of contact for local risk teams with GRM while providing strong support and challenge where necessary.
• Cultivate and manage relationships with local risk teams and key internal stakeholders involved in credit origination/account management strategies by interacting/liaising with other team members and teams within the Bank (Audit Risk Technology Collections & Fraud Portfolio Analytics Provisions and Banking)
• Liaise with the local risk team local Banking and IB Banking team to determine strategic priorities and assess risks associated with new or enhanced retail products.
• Proactively drive and encourage communication of risk issues across businesses and geographies as well as with GRM colleagues and business partners.
• The jobholder must ensure all risks and appropriately assessed within all risk decisions processes and assess the customer impact in all risk activities.

Country Oversight

• Keep abreast of changing economic or market conditions legal and regulatory requirements operating procedures and practices management restructurings and the impact of new technology. This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring. Also the jobholder will address any areas of concern in conjunction with line management and/or the appropriate department.
• Identify evaluate review and oversee key performance indicators in support of credit origination/account management initiatives for the consumer portfolio seeking alignment with the Banks risk appetite.
• Oversee deep analytical investigations to properly diagnose document and report drivers of unexpected changes to risk within credit originations/account management of the portfolio. Communicate findings with stakeholders including future impacts to losses and proposed recommendations to Management.
• Apply observations/trend analysis and communicate to Management to identify risks and opportunities to the current business forecast as applicable.

Credit Risk Initiatives

• Review of initiatives and portfolio management strategies by ensuring consistency in methodologies across sites and alignment to Risk Appetite Framework and Global Risk Policies.
• Influence business strategies where the risks are assessed as high and help to develop mitigating strategies.
• Responsible for analyzing and validating Countries initiatives designed to achieve business growth & loss mitigation goals by providing effective due diligence of retail credit risk initiatives for new account acquisitions or existing customer management channels ensuring consistency and compliance with Global Risk Policies and the Banks risk appetite.
• Support business initiatives without compromising standards of risk and internal control. The jobholder will liaise with businesses to foster the understanding and spirit of controls and ensure accurate and objective reporting to Senior Management.
• Analyze and make recommendations and decisions to improve origination/account management and underwriting strategies along with improvements to existing processes and procedures in a dynamic and fast paced environment.
• Maximize risk/return tradeoff in new initiative by improving operational and credit processes and effectively managing delinquency and losses to profitably grow the business.

Governance & Best Practices

• Validate local originations accounts management and collections policies and its compliance with established Global Risk Policies and make recommendations.
• Enforce risk appetite guidelines and implement metrics to monitor the portfolio and communicate to the business.
• Support local risk teams on addressing internal Audit and OSFI review topics.
• Identifies and executes well considered opportunities that will result in improvements or adaptations of business practices.
• Continuously benchmark of best practices across the region to find opportunities to standardize the credit approach across the region in order to drive benefits and close gaps accordingly.
• Proactively perform sidebyside analysis to compare strategies among sites and provide insight and recommendations to set the divisional standard for credit practices such as: Origination Strategies Launch of New Products Portfolio Segmentations and tracking and monitoring of recent initiatives implemented.

Functional Competencies:

• Knowledgeable of the lifecycle credit process and policies and possesses a solid understanding of retail products industry and market trends.

• Experience with loan origination systems decision engines and in designing strategies for new account origination and account management.
• Knowledgeable of credit data structure and its data point access to nurture analysis as required
• Knowledgeable of customer segmentation credit scoring models including behavioural custom and credit bureau scores marketing models (attrition/retention) and their respective validation process.
• Project management skills to prioritize and balance different priorities at the same time with a proven track record of success in leading and implementing change in banking initiatives.
• A minimum of five years with a world class organization in the risk/portfolio management field with a proven track record of success in leading and implementing change in the financial services sector.
• Selfdriven individual ls are required in order to influence change.

Do you have the skills that will enable you to succeed in this role Wed love to work with you if you have:

• Graduate degree in Finance Economics Business or related field.
• Working knowledge of Marketing Analysis Models such as Attrition Profitability Retention Collection Recovery Customer Life Cycle.
• Exposure to the projection of delinquency rates loan loss provisions and recoveries.
• Knowledge of risk management practices to effectively challenge current practices and undergoing efforts.
• Strong financial analysis and written skills complemented with solid deductive reasoning sound judgement and creativity.
• Strong negotiating and networking skills in conducting day to day activities.
• Fluency in both English and Spanish is mandatory.

Whats 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. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however only those candidates who are selected for an interview will be contacted.