Manager, U.S. Credit Risk, Risk Reporting
Scotiabank
Manager, U.S. Credit Risk, Risk Reporting
**Requisition ID:** 210733
**Salary Range:** 90,000.00 - 167,200.00
_Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience._
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
**Global Banking and Markets**
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.
Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!
**Purpose**
The incumbent will contribute to the team’s efficient and effective credit risk assessment, credit adjudication and portfolio/risk management. The Manager will be specifically responsible for managing the development and production of portfolio reporting, analytical tools, and credit related data, managing the portfolio reconciliation process with U.S. Finance and assisting with the credit data error identification and resolution process. The position will be located in New York and report to the Managing Director, U.S. Credit Risk Governance and Risk Reporting.
**What You’ll Do**
+ Work with Global Risk Reporting team to create, design, and develop credit risk portfolio reporting tools for presentation of U.S. Credit Risk portfolio information to Scotiabank U.S. senior management;
+ Optimizing and expanding existing management information systems (MIS) to provide more robust day-to-day credit risk portfolio monitoring tools for U.S. Credit Risk team members;
+ Leading monthly credit risk portfolio reporting and preparation of standard regulatory reporting presentation and information packages;
+ Serving as the responsible data quality officer for U.S. Credit Risk data, leading an expansion of the existing program to ensure the quality of subject credit risk data. The incumbent will collect, aggregate, and serve as the lead officer for remediation of data quality gaps, working closely with GBM and U.S. Data Governance officers in the efforts;
+ Leading the monthly and quarterly reconciliation of reporting between U.S. Credit and Finance;
+ Development and implementation of processes, procedures, and controls related to credit risk portfolio reporting and data quality control, as well as designing and constructing reporting solutions;
+ Providing timely responses to frequent ad hoc reporting and portfolio information requests from senior management, U.S. Credit Team members, regulators, and other constituents;
+ Supporting other components of U.S. Credit Risk efforts, including potentially providing analytical support in other areas working with U.S. Finance, Risk Analytics, and Data Governance;
+ Working independently, completing tasks and delivering accurate reporting packages within firm deadlines.
**What You’ll Bring**
+ Suitable candidates will have a minimum of three or more years of progressive, relevant and practical experience, preferably within a financial institution. Ideally the candidate will have experience in an information management field and a track record of success in implementing effective information systems that support and generate profitable and informed decision-making in the financial services sector. Credit risk knowledge and experience is an asset.
+ A relevant university degree is a requirement.
+ Advanced data management and report building skills are important, coupled with strong financial, accounting, computer literacy, time management, and excellent written and oral communication skills. Proficiency in Power BI, Tableau, Excel, and preferably SQL is required.
+ Working knowledge of the Bank’s wholesale products, policies and procedures would be advantageous.
+ Highly motivated, organized individual with strong communication and interpersonal skills, knowledge of project and process management disciplines along with a positive 'can do' attitude. This is a complex and demanding environment where initiative, creativity, good judgment, and attention to detail are necessary.
+ A high level of commitment and a strong sense of teamwork are required to succeed in the role.
**Interested?**
If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.
**What's in it for you?**
Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Location(s): United States : New York : New York City
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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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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