Manager, Provisions Financial Reporting & Planning , Global Risk Management
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Job Location:
Monthly Salary:
Posted on:
03-11-2025
Vacancies:
1 Vacancy
Job Summary
Requisition ID: 240557
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
As a member of the Global Credit Provisions Reporting & Planning team contributes to the overall success of the Global Credit Provisions team who are accountable for establishing prudent levels of loan loss allowances (ACL) for the Global Retail and Business Banking portfolios.
The incumbent will be responsible for the aggregation of Global Credit ACL and Provision for Credit Losses (PCL) within controlled environment to support financial booking and disclosure processes and monthly planning and forecasting exercises.
Is this role right for you In this role you will:
- Consolidate Global Credit Provisions metrics for monthly and quarterly reporting establishing controls that are aligned with the Banks end user control (EUC) directive.
- Assist in the preparation of Forecast and Planning processes for both ACL and Provision for Credit Losses for Global Credit portfolios.
- Participate in the coordination review and update of SOX and end to end process documentation working collaboratively with GRM internal and external stakeholders.
- Keep up-to-date on provision methodology and be knowledgeable of IFRS9 accounting standard.
- Identify promote and lead process improvements
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 business (finance or accounting) or a quantitative field (mathematics or statistics)
- Professional CPA designation or MBA is an asset but not required
- A minimum of 3 years progressive experience in Credit Risk and financial reporting for retail or wholesale products
- Knowledge and experience in SAS SQL queries and VBA
- Knowledge of current industry trends regulatory requirements and industry best practices
- Familiar with the Banks General Ledger and / or has experience with preparing financial note disclosures
- High level of proficiency in using MS Office suite of applications (Word Excel PowerPoint PowerBI)
- Sound project and time management skills; strong organizational and prioritization skills; effective communication skills both verbal and written
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:
Manager
Key Skills
- Internal Audit
- Financial Services
- Financial Performance
- Variance Analysis
- Journal Entries
- Account Management
- ACH
- Customer Accounts
- General Ledger Accounts
- Payroll
- Customer Relationships
- Financial Statements
- Annual Reports
About Company
Scotiabank is one of the leading foreign banks serving large national and multinational corporations in the U.S. through its Global Banking and Markets, Global Transaction Banking and Wealth Management business lines.
