Senior Manager Collections Strategies

Scotiabank•Toronto, ON

3d•Onsite

About The Position

Working within GRM, you will lead a team responsible for producing data driven analyses resulting in actionable insights that improve the Bank’s loan losses & profitability.

Requirements

Three to five years' experience designing credit risk strategies
Strong leadership, collaboration, and communication skills
Strong background in statistical & quantitative analysis
Experience with statistical software packages such as R or SAS
Experience manipulating large and complex databases
Degree in statistics, economics, computer science or business
Experience with using and/or developing credit risk scores and their application in strategies
Results driven individual with high level of curiosity and ability to dive into details without losing sight of the big picture
Exceptional organization skills to prioritize, manage, and implement a variety of competing initiatives, on a concurrent or staggered basis
A University degree in Economics, Finance, Industrial Engineer, Mathematics, Computer science, or Information technology related discipline.

Nice To Haves

Experience with TRIAD or similar collections risk platforms strongly desired

Responsibilities

Lead a team responsible for developing statistical segmentations to predict customer payment behavior
Lead the development, implementation, and monitoring of collection strategies to mitigate credit losses
Deliver on analytical projects that provide actionable insights to improve collection efforts and recoveries
Recommend improvements to existing processes. Introduce changes under a test/control framework to help drive objective, evidence based decisions that improve profitability
Design and implement policies to help our customers in need of loan modification programs
Recommend improvements to outsourcing strategies
Provide oversight of collection efforts by developing performance reports and early warning triggers
Ensure all credit risks associated with collections are understood and quantified with effective management reporting, across all components of collections (People, Data, Process, Technology, and Strategy)