Senior Manager, Strategic Initiatives and Portfolio Oversight
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Monthly Salary:
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Requisition ID: 246517
Tangerine is Canadas leading direct bank. We offer flexible and accessible banking options innovative products and award-winning Client service. The reason why Tangerine employees come to work each day is to help Canadians live better lives. We focus on making a difference in our communities and that includes our own internal community. Its important to us that our employees feel empowered and enthusiastic about belonging to our Orange culture.
The Risk Management mandate is to provide oversight monitoring and reporting of all operational credit and market risks including fraud exposures on an enterprise-wide basis. It is comprised of four well-defined functions: Operational Risk Management Retail Credit Risk Management Wholesale Credit Risk Management and Market Risk Management. The Senior Manager ofStrategic Initiativesand Portfolio Oversight Credit Riskis accountable formonitoringthe various credit portfolios at Tangerine to ensure we are staying within risk role is also responsible for managing our strategic roadmap within credit Senior Manager will report directly to the DirectorRetail Credit Risk.Primary elementsinclude:ownership of the deck for the monthly Local Risk Credit Committee creation of new reports to enhance the oversight of the portfolio such as early warning reporting ownership of the credit risk roadmap andrepresentingthe team on large strategic projects.
Is this role right for you In this role you will:
Provide Credit Risk leadership and executionexpertisewith particular focus on the Credit Card program working with stakeholders across Tangerine and Bank of Nova Scotia Risk teams Product Marketing frontlineoperationsand vendors.
Develop a reporting framework to ensure continued portfolio health moving forward
Leadreporting and ongoing enhancement of credit policy and risk strategy to drive organic business growthandlossmitigation planswith balanced risk/reward trade-off.
Manage portfolio loss results to acceptable levels while supporting business profitabilityobjectives regulatoryrequirementsand Tangerines client centric business mission.
Provide coaching and mentoring to foster a strong risk discipline environment.
Collaborate with Acquisition risk and Operations risk teams to ensure compliance with regulatory requirements.
Lead and support the development and implementation of credit risk and loss mitigation plans and provide insight to business leaders through ad hoc requestsprojectsand initiatives.
Bring a sense of urgency in driving initiatives through to the finish line
Responsible for understanding andcomplying withthe Regulatory Compliance Framework including the Anti-Money Laundering/Anti-Terrorist Financing and Sanctions Policy and all AML related policiesproceduresand controls within the department.
Other duties as assigned.
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 or equivalent
Minimum 10 years of financial services experiencewith particular focus and emphasis on Credit Risk
Proven leadership in operational function support system and project implementation and vendor management
Proven leadership in the establishment of procedure structure policies and/or programs within a business or function
Strong capability to work with senior business leaders
Strong ability to lead cross functional teams and collaborate effectively in high pressure environment
Strong presentation and story-telling skills
Aptitude for innovation and readiness to roll up sleeves and do what is necessary to deliver on business objectives
Excellent leadership and communication
Strong verbal and written communication skills
Strong attention to detail
Strong change management and people development skills
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
At Tangerine we value the unique skills and experiences each individual brings to the team and are committed to creating and maintaining an inclusive and accessible environment. If you require accommodation during the recruitment and selection process please let our Recruitment team know.
Required Experience:
Senior Manager
Key Skills
- Project / Program Management
- Project Portfolio Management
- Portfolio Management
- Credit Analysis
- Banking
- Pricing
- Analysis Skills
- Project Management
- Financial Analysis
- Budgeting
- Property Management
- Contracts
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.
