Director & Head, Retail & Small Business Credit Risk Decisioning Models

Requisition ID: 235758

Join a purpose driven winning team committed to results in an inclusive and high-performing culture.

As the Director & Head Retail & Small Business Credit Risk Decisioning Models you will provide strategic direction leadership and oversight of the Banks Retail and Small Business risk models and segmentations. Portfolios include models used for retail and small business decisioning across Canada and the Caribbean. You will be accountable for both the ongoing maintenance of existing models as well as building new models and leading transformation initiatives including but not limited to process and methodology enhancements.

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

• Lead and drive a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships systems and knowledge.
• Lead a team of data scientists analysts and risk management associates by supporting lines of business and risk management partners with world-class data models advanced analytics insights and advice.
• Be accountable for all aspects of the Banks Retail and Small Business risk models across the entire model lifecycle from conception to development execution and governance. Lead the strategic planning development implementation deployment monitoring and management of retail small business product and customer decisioning models customer prioritization models valuation and profitability frameworks income prediction and pricing models in collaboration with relevant partners and stakeholders.
• Ensure that innovative predictive models and segmentations supporting various business lines are built to balance industry leading methodologies and regulatory requirements while minimizing operation risk.
• Drive initiatives that incorporate large scale and complex traditional and non-traditional data sources and methodologies that identify opportunities which enhance model performance as well as identify promote and lead process improvements including streamlining automating and standardizing processes.
• Partner and effectively communicate with key stakeholders to understand priorities and execute using operating models and capabilities cloud and on-premise technology platforms structured semi-structured and unstructured big data AI& ML methodologies advanced analytics productivity tools Generative AI and automation.
• Actively engage stakeholders in Risk Business Line and Technology to understand changes to products policies data and processes that may impact the model lifecycle activities for any existing or new models and identify required changes/improvements.
• Collaborate on a regular basis with a wide range of stakeholders and internal partners including Model Operations Product Risk Strategy & Risk Management Model Validation and Governance Technology & Data Compliance and Audit.
• Build a high-performance environment and implement 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; and 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:

• Degree in Statistics Mathematics Economics Business Administration or a quantitative discipline is required
• Expert understanding of predictive modeling methodologies combined with practical application
• Excellent knowledge of origination portfolio management and collection models policies processes and systems
• Knowledge of robust data infrastructures required for model development analytics and reporting.
• Strong leadership and mentoring skills
• A demonstrated history of strategic planning technical and data leadership analytic problem solving and sound judgment delivering both quick wins and enduring quality
• Excellent time management planning and organizing skills to manage multiple priorities deliver quickly under pressure and meet timelines
• Excellent interpersonal relationship building and communication skills (written and verbal) with an ability to convey complex technical issues effectively and constructively to stakeholders across business lines and senior management

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.