Requisition ID: 220409
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

A key member of the CCR group that is primarily responsible for managing the CCR limit overrun process entailing daily review of unassigned accounts, ongoing interaction with Credit/Banking contacts, and ad hoc investigation, culminating in weekly and monthly reporting to key stakeholders. The incumbent will also be responsible for raising platform enhancements/fixes and data issues to the appropriate groups for action.

The CCR group is a centralized function responsible for measuring, monitoring, and reporting a variety of metrics associated with counterparty credit risk and escalation when exposures grow beyond established risk appetite.

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

• Overrun reporting including investigation and follow-up with Credit and Banking contacts, as necessary.
• Daily review of unassigned and unresolved overruns including investigation of accounts missing Credit/Banking ownership.
• Provide business support to users of overrun platform and direct issues to technology group, as required.
• Raise overrun platform enhancements, fixes, and data issues to appropriate owners; track item progress and verify pre-implementation results.
• Review and maintain list of equity tickers for high-profile Early Warning Communications process.
• Opportunity to be involved in additional high-value initiatives such as overrun Key Performance Indicator (KPI) reporting and CCR Portfolio Oversight.

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

• Strong verbal/written communication skills, attention to detail, and time management.
• Ability to collaborate and work effectively within a team environment.
• Keen interest in risk management / capital markets.
• Comfortable working with data, mainly in Excel.
• Advanced knowledge of Excel, Tableau, and/or python is an asset.
• University degree in business/finance or related discipline; working towards CFA/FRM or similar is desirable.

What's in it for you?

• We have an inclusive and collaborative work environment that values curiosity & ownership, encourages pragmatic creativity (i.e. true innovation), and celebrates success!
• An inclusive working environment that encourages creativity, curiosity, and celebrates success!
• A rewarding career path with diverse opportunities for professional development
• Internal training to support your growth and enhance your skills
• Hybrid Work Environment
• A competitive rewards package that includes a base salary, a performance bonus, company matching programs on pension and profit sharing, paid vacation, personal & sick days, medical, vision and dental benefits that start from day one 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.