Senior Manager, Credit Risk Provisions and Analytics
Senior Manager, Credit Risk Provisions and Analytics
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Job Description
Requisition ID: 235606
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
Leads and oversees IFRS9 for International Commercial Banking as part of Credit Risk Provisions & Analytics team within Scotiabank Global Risk Management in Toronto Canada ensuring business strategies plans and initiatives are executed / delivered in compliance with governing regulations internal policies and procedures.
Is this role right for you In this role you will:
- Leads and drives a customer focused culture throughout the team to especially enhance relationships and ongoing communication with countries across the Banks International footprint on ACL/PCL.
- Provides credit risk analytics and insights of Expected Credit Loss (ECL) Provision for Credit Loss (PCL) to internal clients including Executive Offices Finance Business lines Countries and Global Risk Management executives.
- Understands key components of IFRS9 models such as PD LGD EAD and macroeconomic factors. Continuously finds ways to improve the efficiency and accuracy of the ECL calculator.
- Works closely with key stakeholders in maintaining and enhancing the IFRS 9 end-to-end process which includes project planning data reconciliation model implementation control process governance and reporting.
- Applies specialized knowledge of Expected Credit Loss methodology ECL analytics and provides insights to Credit Risk SVPs in order to ensure the adequacy of IFRS9 provisions reported in external disclosures.
- Collaborates with internal stakeholders such as Internal Ratings Management Enterprise Stress Testing Information Technology & Systems (IT&S) local Credit and Finance teams and Enterprise Risk Management for methodology improvement to ECL.
- Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabanks Values its Code of Conduct and the Global Sales Principles while ensuring the adequacy adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational compliance AML/ATF/sanctions and conduct risk.
- Builds a high-performance environment and implements a people strategy that attracts retains develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; managing succession and development planning for the team.
Do you have the skills that will enable you to succeed in this role - Wed love to work with you if you have:
- Masters in Business Finance Mathematics or Statistics.
- Professional qualification such as CFA / FRM / PRM is an added advantage.
- Good programming skills in Python and SQL
- Credit Risk knowledge
- Background on IFRS9 and CECL regulations
- Problem solving skills
- Comfort and experience working in a project context and juggling multiple competing priorities
- Critical thinking skills and ability to work under tight timelines
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.
Required Experience:
Senior Manager
Employment Type
Full Time
