Manager, RESL Portfolio Management & Analytics

Scotiabank•Toronto, ON

3d•Onsite

About The Position

The Manager, Portfolio Analytics (GRM – RESL) is responsible for monitoring the performance of the Real Estate Secured Lending (RESL) portfolio and enhancing business intelligence tools to deliver actionable insights to Risk teams, as well as to business line partners. This role provides advanced analytics to assess portfolio health and ensure alignment with the organization’s Risk Appetite. Leveraging credit risk expertise and analytical acumen, the incumbent will flag emerging risks across client segments and recommend mitigation strategies. This position plays a key role within the Retail Risk Department by using data, systems, research and analysis to identify portfolio trends and opportunities. The successful candidate will collaborate with stakeholders across GRM and other business units, delivering insights through strong analytical thinking, effective communication, and relationship management.

Requirements

University degree in relevant STEM discipline or similar (i.e. Economics, Statistics, Business, Data Science, Technology, Engineering, Mathematics, and Risk Management)
Strong analytical and MIS background, including the ability to apply standard statistical techniques using analytical tools to extract, analyze and manage data.
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.

Nice To Haves

Knowledge of Real Estate Secured Lending Product (Mortgage and Home Equity Line of Credit (HELOC) is a strong asset.
Experience working in retail credit risk management
2+ years experience in Banking Industry or Monoline
Working experience with Enterprise Data Lake (EDL), Google Cloud Platform (GCP) and Hadoop platform would be an asset.
Experiencing presenting to senior audiences

Responsibilities

Leverage a range of Business Intelligence tools (e.g., SQL, SAS, Python, Power BI) to deliver dynamic reporting on key performance metrics for stakeholders across GRM and business lines. Lead the development of new reports and continuously seek opportunities to streamline and enhance reporting workflows.
Conduct in-depth research and analysis to uncover portfolio, macroeconomic, and market trends across diverse retail lending portfolios. Translate complex data into actionable insights and compelling narratives that support informed credit risk decisions.
Maintain a forward-looking perspective to proactively identify emerging risks, enabling early intervention through targeted analysis and enhanced monitoring.
Partner with strategy and policy teams to deliver measurement and reporting on key strategic initiatives, including acquisition quality, the impact of origination strategy changes on portfolio growth, and line optimization efforts.
Identify and pursue opportunities to apply advanced analytics, score modeling, and modern Business Intelligence tools to uncover portfolio dynamics, generate insights, and streamline processes.
Drive the evolution from descriptive to prescriptive analytics by focusing on key drivers of portfolio risk and profitability, and by developing creative solutions to complex challenges.
Continuously expand knowledge of business and product strategies, market trends, competitive practices, and emerging analytical methodologies to deliver impactful, forward-thinking solutions to stakeholders.
Provide timely support for investigations and resolution of issues raised by OSFI, ensuring responses meet regulatory expectations and deadlines.
Assist in addressing findings from Prefund Reviews and Internal Audits, ensuring appropriate and prompt resolution within agreed timelines.
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.