Requisition ID: 223195
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Risk Management Senior Manager is responsible for risk management within established parameters, through leading and execution of special initiatives, as well as working in collaboration with policy, PMO, Advanced Analytics, Operations, IT and other teams. This individual supports 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. Specifically, the individual is responsible for planning, developing, and implementing of special initiatives and supporting risk strategies for various different lifecycle areas in the Caribbean region, using tools including but not limited to TRIAD, OMDM, TSYS, Strategy Director, Probe, Decision Modeler, etc. The Senior Manager will lead a team of risk professionals to drive policy/strategy/model system implementations across life cycle to help growth for the bank within defined risk appetite.

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

• Lead and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Manage critical transformational special projects working as lead and SME for Credit Risk Management across the Caribbean Region
• Work collaboratively across multiple teams including Products, Sales, Shared Service, Marketing, Product Delivery, GRM IT, and local teams in Risk and Products. Provide leadership and guidance through regular communication to manage and promote the risk culture within the organization.
• Leverage system technologies available (TRIAD, OMDM, TSYS, Strategy Director) to ensure the continued and profitable growth of assets through the recommendation, development, implementation of policies and processes that provide the best solutions/ practices and accepted bank standards.
• Lead optimization of customer management strategies, including Credit Line Increases/Decreases, Authorization strategies and credit card re-issue strategies through various initiatives.
• Maximize risk/return trade-off, improve operational and credit processes through various initiatives, and effectively manage delinquency and losses to profitably manage the book of business.
• Work in collaboration with IB Partners to support growth initiatives to optimize profitability and minimize losses.
• Develop staff by coaching in formal settings one-on-one. Support employee performance through situational coaching of issues impacting the business, sharing knowledge/experience, and by providing challenging work with opportunities for staff to take/share responsibility for the delivery of key initiatives, to achieve business objectives/goals. Identify areas requiring development, provide opportunities to correct including support of attendance at courses specific to the area of focus and monitor progress through-out the year.
• Provide interim progress updates regarding performance and provide solutions to address any issues in coaching sessions and semi-annually at interim performance update sessions
• Support staff by ensuring team and work environment support their development, through effective cooperation, challenging assignments, and cross-training. Identify high potential employees for leadership assignments.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Create an environment in which their team pursues effective and efficient operations of their respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• 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? - We'd love to work with you if you hav

• Advanced degree in Economics, Finance, Statistics, Mathematics, Computer Science, Engineering or other related quantitative & technical discipline. Some knowledge of accounting preferred.
• Experience with SAS, R or Python is a requirement.
• Strong computer skills in organizing and manipulating large amounts of data
• Advanced quantitative modeling skills
• Experience in credit risk modeling related to probability of default and loss given default is desirable.
• Knowledge of stress testing, IFRS 9, and general knowledge of a bank's financial metrics with a good understanding of credit products and provisions for credit losses (PCL) is an asset.
• Other desired technical skills are TSYS or FDR, Angoss, Model Builder, Distributed Systems, cloud computing.
• Strong communication skills
• Spanish Language a Plus
• Demonstrated experience in the retail credit business and risk management standards that are applicable/appropriate in numerous multi-national locations.
• This position is highly technical and complex requiring a result-oriented individual who has a high degree of technical/statistical knowledge in retail risk technology/systems and risk management methodologies, balanced by an intrinsic understanding of the business lines and environment.
• Experience and functional competencies in retail credit business and risk management standards in numerous multi-national locations, industry trends and best practices, campaign management, risk-based pricing, and external sales forces including the use of third-party vendors.
• Excellent interpersonal and relationship building skills to promote acceptance of new and/or changing risk management initiatives. The incumbent must be able to articulate their views/opinions internally to all levels within International Banking, including country heads and Senior Executive. Strong negotiation skills are essential.

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.