Manager, Automotive Strategy Enablement

Scotiabank•Toronto, ON

1d•Onsite

About The Position

The mandate of this role is to support with acquisition credit risk strategies and policy for the Automotive portfolio to optimize risk/return within Global Risk Management to meet Canadian Banking strategic priorities. In this role, you will be responsible for monitoring key performance indicators and leveraging insights to develop & implement strategy, maintaining current and in-depth knowledge of Automotive retail lending policies, strategies, and market trends, driving digital risk automation through integration of modern digital risk technology and client centric policy design, and continuously leveraging new toolsets and techniques in day-to-day responsibilities. The Manager will work in close collaboration with centre of excellence teams, automotive business partners, risk technology, front-line technology teams, compliance teams, and external vendors to ensure credit strategies are implemented accurately and consistent with the Risk Appetite Framework. Candidate will also be expected to drive continuous improvement in technology design, deployment/testing techniques, and best practices in compliance with governing regulations, internal policies and procedures.

Requirements

A university degree is required (preferably a major with computer science, engineering economics, finance, or business)
2+ years in retail lending, technology, or risk management experience required
Experience in FICO based technologies such as Originations Manager, Triad, Decision Modeler, Blaze etc. is a strong asset
Strong technical skills in database and analytics, and testing tools such as SAS, SQL, MongoDB, Tableau, Power BI, XML and Postman; experience with non-relational databases and working knowledge of programming languages such as NodeJS, python, Java etc. is a strong asset
Excellent communication and business writing skills complemented with solid logical/deductive reasoning, sound judgement and creativity
Strong personal time management skills and curiosity to learn, explore, and discover is a must
Functional knowledge of retail credit risk lifecycles, credit and behaviour scoring, credit risk model designs and applications
Familiarity with project management techniques and agile working framework is an asset

Nice To Haves

Experience in FICO based technologies such as Originations Manager, Triad, Decision Modeler, Blaze etc. is a strong asset
Strong technical skills in database and analytics, and testing tools such as SAS, SQL, MongoDB, Tableau, Power BI, XML and Postman; experience with non-relational databases and working knowledge of programming languages such as NodeJS, python, Java etc. is a strong asset
Familiarity with project management techniques and agile working framework is an asset

Responsibilities

Develop credit risk strategies for Automotive finance portfolio, leveraging a data driven approach to approve credit, set credit limit, and recommend risk adjusted pricing
Ensure successful implementation of strategy changes within the adjudication engine and perform post implementation validation
Ensure the design of development process adheres to regulatory and governance requirements.
Drive digital risk automation through integration of modern digital risk technology and client centric policy design
Obtain subject matter experts in risk technology design, deployments, testing, validation processes across the retail footprint, especially using FICO DMP suites of software
Ensure strict adherence to deployment, testing, documentation, and release management processes, and provide effective challenge to key stakeholders where required
Perform post-implementation validation & track performance of digital risk implementation
Continuously leverage new toolsets and techniques in day-to-day responsibilities
Act as a change champion to transform the retail risk implementation model in alignment with ongoing technology migrations.
Use a variety of Business Intelligence analytical and reporting tools (ex. SAS, SQL, Python, Power BI, Tableau) to provide dynamic reporting on key performance metrics to various stakeholders in GRM and business lines
Leverage existing portfolio monitoring and reports to drive insights, identify opportunities, and address any at-risk segments
Conduct Post-implementation validation of strategies implemented to ensure accurate implementation and alignment with expected results.
Stay informed of competitive landscape, partnering with the business line to ensure that as risk managers our processes, strategies and policies consider the changing landscape.
Develop and maintain relationships with external business partners (e.g., OEMs, third party vendors, credit bureaus and dealer portals) where required, to support in strategy build, or technology support.
Ensure all business line strategic projects (i.e., new product launches, changes to existing product offerings, new channels, new acquisition framework, changes to approval strategies) are consistent with Risk Appetite Framework. Identify opportunities and make recommendations
Represent Risk's point of view and liaise with the stakeholders (operations, product owners, collections, technology, governance) throughout the organization to listen actively, communicate, and explain risk measures clearly and as appropriate identify, evaluate, and address credit risk that arises from the development, deployment, interpretation, and maintenance of Credit Risk Policy in support of new products/program development, portfolio performance issues, product enhancements, changes to the industry and regulatory landscape, and business operations
Support GRM effective challenge function, ensure Credit Risk Proposals are prepared with strong financial and quantitative analysis, and that risks are effectively assessed and measured.
Obtain an understanding of the Automotive Credit strategies and policy, recommend enhancements, and document new processes and workflows to support succession planning.
Support investigations and solutioning for questions/findings from OSFI and Internal Audit in an appropriate /acceptable timeframe.
Actively pursues effective and efficient operations of their respective ares in accordance with Scotiabank’s Values, our ScotiaBond, our Code of Conduct and vendor management policeis 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
Champions a high-performance environment and contributes to an inclusive work environment.