Requisition ID: 217966
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Manager, Retail Risk Analytics & Reporting, is responsible for the analysis of key drivers of Provisions for Credit Losses and Allowances supported by data risk analytics to ensure accuracy and reliability of loan loss forecast. He/she will be a contributor to assess monthly provisions adequacy for Senior Management in coordination with other members of the team.

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

• Contributes to in-depth analysis of portfolio quality to identify loss drivers and establish adequate allowances. Maintain, as well as research, design, and implement enhancements to existing reporting.
• Working closely with key partners as Risk Model Analytics (RMA) and Enterprise Stress Testing (EST) to gain a comprehensive in-depth knowledge of portfolio quality and key loss drivers to changes in allowances.
• Develop migration and vintage analysis to assess historical performance and identify trends across bookings of different time periods. Incorporate observed trends into provision analysis and the relationship between portfolio quality, recovery forecasting, bankruptcies and losses.
• Assess alternative scenarios to determine potential PCL impact. Develop sensitivity analysis to identify major drivers of PCL with regard to quality, growth, portfolio mix, macroeconomic factors, and product specific performance.
• Ensures end to end process is compliant with internal, external and SOX audit requirements, including providing support to address audit and SOX testing.

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

• University degree in computer science, statistics, economics or quantitative subject.
• Expert understanding of risk analytics, strong quantitative and analytical skills.
• Expert knowledge of SAS/Python
• Knowledge of various database software, SQL, Power BI, R, Unix.
• Experience in credit risk management and/or finance
• High level of commitment and initiative.
• Excellent organizational skills and the ability to work with multiple and often conflicting priorities
• Integrity, high attention to detail, thoroughness, and accuracy are critical to ensure quality outputs.
• Excellent interpersonal, organizational and communication skills are essential.
• Must have 3+ years of retail banking experience

What's in it for you?

• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employee to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - 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. Scotiabank continues to locate, remove, and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
• Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
• Competitive Rewards program including bonus, flexible vacation, personal, sick days, and benefits will start on day one.
• Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs such as hackathons, contests, cooking with friends, Humans of Digital and much more!

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.