Requisition ID: 217966
Join a purpose driven winning team committed to results in an inclusive and highperforming culture.
Manager Retail Risk Analytics & Reporting is responsible for the analysis of key drivers of Provisions for Credit Losses and Allowances supported by data risk analytics to ensure accuracy and reliability of loan loss forecast. He/she will be a contributor to assess monthly provisions adequacy for Senior Management in coordination with other members of the team.
Is this role right for you In this role you will:
- Contributes to indepth analysis of portfolio quality to identify loss drivers and establish adequate allowances. Maintain as well as research design and implement enhancements to existing reporting.
- Working closely with key partners as Risk Model Analytics (RMA) and Enterprise Stress Testing (EST) to gain a comprehensive indepth knowledge of portfolio quality and key loss drivers to changes in allowances.
- Develop migration and vintage analysis to assess historical performance and identify trends across bookings of different time periods. Incorporate observed trends into provision analysis and the relationship between portfolio quality recovery forecasting bankruptcies and losses.
- Assess alternative scenarios to determine potential PCL impact. Develop sensitivity analysis to identify major drivers of PCL with regard to quality growth portfolio mix macroeconomic factors and product specific performance.
- Ensures end to end process is compliant with internal external and SOX audit requirements including providing support to address audit and SOX testing.
Do you have the skills that will enable you to succeed in this role Wed love to work with you if you have:
- University degree in computer science statistics economics or quantitative subject.
- Expert understanding of risk analytics strong quantitative and analytical skills.
- Expert knowledge of SAS/Python
- Knowledge of various database software SQL Power BI R Unix.
- Experience in credit risk management and/or finance
- High level of commitment and initiative.
- Excellent organizational skills and the ability to work with multiple and often conflicting priorities
- Integrity high attention to detail thoroughness and accuracy are critical to ensure quality outputs.
- Excellent interpersonal organizational and communication skills are essential.
- Must have 3 years of retail banking experience
Whats in it for you
- Diversity Equity Inclusion & Allyship We strive to create an inclusive culture where every employee is empowered to reach their fullest potential respected for who they are and are embraced through biasfree practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employee to learn grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities ethnicity race age ability & veterans.
- Accessibility and Workplace Accommodations 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. Scotiabank continues to locate remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
- Upskilling through online courses crossfunctional development opportunities and tuition assistance.
- Competitive Rewards program including bonus flexible vacation personal sick days and benefits will start on day one.
- Community Engagement no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs such as hackathons contests cooking with friends Humans of Digital and much more!
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.
Required Experience:
Manager