Requisition ID: 227594
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Senior Manager, Portfolio Analytics (GRM – RESL) will monitor key risk performance of the Real Estate Secured Lending (RESL) portfolio and contribute to the development and enhancement of business intelligence tools and provide actionable insights to Risk teams as well as product and business line partners. As a subject matter expert on the RESL portfolio, the incumbent will provide the team with advanced data analytics, monitoring and measurement on the health of the RESL portfolio to ensure strategies and policies are within the Risk Appetite. The incumbent will leverage his or her credit risk experience and deep analytical capability to identify opportunities for growth within risk appetite, identify areas (sub-product and client segments) needing attention including early warning metrics, and make actionable recommendations to mitigate risk. They will work with multiple stakeholders and partners within and outside GRM to provide analytical insights based on excellent analytical, communication, and relationship management skills.
Is this role right for you? In this role you will:
Accountability 1 – Credit Risk Portfolio Analysis and Monitoring
Use a variety of Business Intelligence analytical and reporting tools (ex. SQL, SAS, Python, PowerBI) to provide dynamic reporting on key performance metrics to various stakeholders in GRM and business lines. Lead new report creation and look for opportunities to optimize workstream. Perform research and analysis to identify portfolio, macro and market trends and opportunities across unique retail lending portfolios. Provide actionable insights and meaningful messages from the reporting to drive credit risk decisions. Able to tell a story by synthesizing vast amounts of data into coherent messages. Proactively provide strategic analysis that will assist in optimizing risk rewards ratios and grow the portfolio within risk appetite Collaborate with Strategy and Policy teams to provide measurement and reporting on strategic initiatives such as acquisition dynamics and quality, line optimization and collections effectiveness Analyze strategy effectiveness, leverage champion/challenger capabilities to confirm assumptions and recommend changes, identify if any credit risks are or will become in excess of the risk appetite framework and make recommendations on how to mitigate. Forward looking to proactively identify areas of heightened risk requiring extra attention, analysis or monitoring.
Accountability 2: Customer Focus
Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge. Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Accountability 3: Innovation
Explore opportunities using latest innovative/advanced analytics, score modeling and Business Intelligence tools to showcase portfolio dynamics, derive insights and streamline processes Aim to move from descriptive to prescriptive analytics by focusing on key drivers of portfolio risk and profitability and finding creative opportunities to solve challenging problems. Continuously enhance knowledge of business/product strategies, competitive practices, market insights and other policies, technical processes and advanced analytical tools/methodologies in order to best provide business solutions to all key constituents
Accountability 4: Canadian Regulator, Internal Audit and Fraud Management Support
Support investigations and solutioning for OSFI questions/findings in an appropriate /acceptable timeframe. Support investigations and solutioning needed for issues identified by Prefund Review and/or Internal Audit items in an appropriate timeframe. Liaise with the Fraud Department and Security and Investigations as required.
Accountability 5: Risk Appetite Framework alignment
Ensure all business line strategic priorities (i.e. life-cycle strategies, early warning triggers, provisioning, etc.) are consistent with Risk Appetite Framework. Recommend changes to business line strategies to ensure the Bank does not take on more credit risk than planned. Actively pursue effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
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 relevant STEM discipline or similar (i.e. Economics, Statistics, Business, Data Science, Technology, Engineering, Mathematics, and Risk Management) 2+ years of analytical experience required including statistical analysis Must be proficient in using SAS, SQL, Python, Power BI and Tableau for data analysis. Strong knowledge of Microsoft word, Excel, Pivots, PPT, etc. Excellent verbal and written communication skills, prioritizing, planning & problem-solving skills. Experiencing presenting to senior audiences. Project management and leadership skills to prioritize, manage and implement a variety of competing initiatives, on a concurrent or staggered basis
What's in it for you?
The opportunity to join a forward-thinking and collaborative team, surrounded by innovative thinkers A rewarding career path with diverse opportunities for professional development Internal training to support your growth and enhance your skills An inclusive working environment that encourages creativity, curiosity, and celebrates success!
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.