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Senior Manager Portfolio Oversight – Retail & Small Business

Requisition ID: 104859Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

 

 

Purpose of Job:

The Senior Manager Portfolio Oversight is responsible for risk management within established parameters, through the use of Analytics, and effective governance and oversight, as well as the review of general strategy, initiatives, policies, processes to exercise good stewardship in the role in order to maximize the overall profitability of Scotiabank International, and its efforts to protect and build shareholder value. Defining Key Performance Indicators (KPI) and consistently Monitor International Banking Retail Credit Risk Portfolios across their lifecycle while providing timely actionable insights.

 

Understanding of both traditional retail mass market, as well as consumer and microfinance segments, is an asset, to properly identify key success metrics and formulate effective risk management strategies.

 

Specifically, the individual is responsible for the relationship with both country management, and local risk management along with the consistently monitoring International Banking Retail Credit Risk Portfolios across their lifecycle while providing timely actionable insights.

 

Key Job Accountabilities:

 

Relationships & Communications

The Sr. Manager Portfolio Oversight will establish a presence as country subject matter expert to senior stakeholders and business leads, by Managing the internal relationship with local risk team, as a central point of contact for local risk teams with GRM, while providing strong support and challenge.
Cultivate and manage relationships with local risk teams and key internal stakeholders involved in credit origination/account management strategies, by interacting /liaising with other team members and teams within the Bank, (Audit, Risk Technology, Collections & Fraud, Portfolio Analytics, Provisions and Banking).
Liaise with the local risk team, local Banking and IB Banking team to determine strategic priorities and assess risks associated with new or enhanced retail products.
Proactively perform analysis through the use of analytics and data mining techniques to anticipate future losses and provide guidance across retail portfolio.
Propose and include Econometrics, Statistics and Analytics in the risk appetite discussion to improve the quality and results of the analysis/strategies.
Drive and encourage communication of risk issues across businesses and geographies as well as with GRM colleagues and business partners.
 

Portfolio Oversight

Keep abreast, of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology. This will be achieved by using analytics and statistics dimensions in every risk appetite discussion.
Identify, evaluate, review and oversee key performance indicators in support of credit origination/account management initiatives for the consumer portfolio seeking alignment with the Bank’s risk appetite.
Oversee deep analytical investigations to properly diagnose, document and report drivers of unexpected changes to risk within credit originations/account management of the portfolio. Communicate findings with stakeholders including future impacts to losses and proposed recommendations to Management.
Apply artificial intelligence, statistics and analytics to identify risks and opportunities to the current business forecast, as applicable.
 

Functional Competencies:

The Sr. Manager Portfolio Oversight is preferably dashboard and reporter designer and developer, with a solid analytical background and understanding of retail credit risk, retail products, industry and market trends

Knowledge of Retail Credit Risk monitoring across lifecycle (Originations, Portfolio and Collections)
Analytics and datamining mindset.
Project management skills to prioritize and balance different priorities at the same time, with a proven track record of success in leading and implementing change in banking initiatives
A minimum experience of five years with a world-class organization in the risk/portfolio management field, with a proven track record of success in leading and implementing change in the financial services sector
Self-driven individual ls are required in order to influence change.
 

Educational Requirements:

Graduate degree in Finance, Economics, Business or related field
Exposure to the projection of delinquency rates, loan loss provisions and recoveries
Knowledge of risk management practices, to effectively challenge current practices and undergoing efforts
Strong financial analysis and written skills complemented with solid deductive reasoning, sound judgment and creativity
Strong negotiating and networking skills in conducting day to day activities
 

Nice To Have

Knowledge of customer segmentation, credit scoring models, including behavioral, custom and credit bureau scores, marketing models (attrition/retention) and their respective validation process.
Working knowledge of Marketing Analysis Models such as Attrition, Profitability, Retention, Collection Recovery, Customer Life Cycle.
Fluency in both English and Spanish.
 
 

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.

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