Manager Retail Provisions - Risk Analytics (SAS)

Requisition ID: 217965

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

Contribute to the control of credit risk and profitability in the Canadian Retail Bank by assisting with risk assessment in the lending portfolio and helping to ensure adequate provisions are set aside. Contribute to preparing monthly, quarterly, and annual management reports that analyze trends, issues, and relative interbank performance in delinquency and loan loss. Maintain databases supporting predictive models and complete detailed provisions independently.

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

• Contribute to the reporting, forecasting and annual provision planning process to determine targets for key risk metrics, such as PCL and Net write-offs, for the Canadian portfolio.
• Provide insights and commentaries on key senior executive presentations for the Senior Credit Committee and other executive reporting, regulatory information and investor information related to trends in provisioning and main drivers’ variances when compared to prior quarters/plan/forecast.
• Ensure end to end process is compliant with internal, external and SOX audit requirements, including providing support to address audit and SOX testing.
• Work closely with business lines, Finance and other stakeholders in resolving any questions from Senior Management.
• Prepare key senior executive presentations and commentary for Senior Credit Committee and other executive reporting, regulatory information and investor information related to trends in provisioning and main drivers in variances compared to prior quarters/plan/forecast. Provide support and commentary on questions from executive management, investor relations, audit, and OSFI.
• Build strategic relationships with key partners in Modeling, Risk Product teams and Collections to gain a comprehensive, in-depth view of the portfolio quality and anticipate changes in losses.

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 business, economics or quantitative subject.
• Financial designation is preferable.
• Strong math and/or statistics background and the necessary expert understanding of the theoretical concepts underlying risk management.
• Knowledge of SAS is a must.
• Knowledge of financial modelling, forecasting methodologies and statistical analysis is an asset.
• Integrity, high attention to detail, thoroughness, and accuracy are critical to ensure quality outputs. Solid ability to direct varied activities within tight time frames.
• Excellent interpersonal, organizational and communication skills are essential in dealing with many senior internal and external parties and preparing executive management reports.
• Must have 3+ years of retail banking experience.
• Strong prioritizing, planning, analytical, presentation, project management, and relationship-building skills.
• High level of proficiency in MS Office suite of applications (MS Excel, MS PowerPoint).
• Strong ability to analyze raw data, understand business requirements and translate it to data backed insights.

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.
• 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.
• 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.

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 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.