Senior Manager, Credit Strategies Small Business, Global Risk Management

Scotiabank • Toronto, ON

2d • Onsite

About The Position

This is a strong opportunity for a strategic, analytically driven risk professional to support the development and execution of credit risk strategies across the Small Business account management portfolio. You will lead analysis, reporting, and execution of key initiatives, identify emerging risks, and help improve portfolio performance through data-driven recommendations and cross-functional partnerships. In this role, you will support client management strategies (Line, Authorization, Overlimit, Pricing, and Re-issue), support portfolio segmentation strategies that optimize growth, profitability, and credit risk, and recommend enhancements to strategies, procedures, and policies to improve performance. You will also monitor portfolio performance and translate insights into actionable recommendations, conduct regular reviews of risk strategies and emerging portfolio trends, and use test-and-learn frameworks and risk technologies, including TRIAD and CRS, to identify improvement opportunities. Additionally, you will collaborate with analytics, business, and product partners to develop effective client management strategies, help ensure strategies remain aligned with the Bank’s Risk Appetite Framework, and recommend changes that support prudent growth and controlled credit risk. You will also build strong relationships across Canadian Banking Risk and with external partners to support best practices, regulatory alignment, and a high-performing team culture.

Requirements

• A minimum of 5 years with a financial services organization in the credit risk management field, specifically, hands-on experience with credit products (credit cards, line of credit, term loans etc.) and exposure to other lending products (auto loans, mortgages, etc.) and bank products (deposits, wealth, etc.)
• A Bachelor’s degree or higher in business, statistics, economics or finance is required.
• Strong data analytic and logical thinking ability, with a track record of data-driven decision making.
• Working knowledge of at least one of the data analytics tools, such as SAS, SQL, R, Python and reporting tools such as Tableau, Power BI
• Strong project management and leadership skills to prioritize, manage and implement a variety of competing initiatives, on a concurrent or staggered basis
• Excellent communication and written skills complemented with solid deductive reasoning, sound judgement and data storytelling.
• Knowledge of credit scoring and risk assessment as well as portfolio management and behavioral scoring to maximize the effectiveness of existing technology in providing competitive and effective policies that respond to the credit needs of our customers.

Nice To Haves

• MBA, CFA or FRM are a strong asset.
• Prior experience in a credit risk strategy along with TRIAD and TSYS is preferred.

Responsibilities

• Support strategies for credit limit management, authorization, pricing, re-issue, and overlimit across the Small Business portfolio.
• Monitor portfolio performance to support profitability and alignment with the Bank’s Credit Risk Appetite.
• Improve strategy effectiveness through champion/challenger testing and data-driven decision-making.
• Prepare analysis and recommendations for senior leadership forums and support implementation of approved changes.
• Partner with business stakeholders to ensure client management strategies operate within risk appetite.
• Recommend enhancements to address emerging credit risks and improve portfolio performance.
• Use risk technologies, behavioural scoring, and bureau data to optimize strategies, policies, and business rules.

Benefits

• A competitive compensation and comprehensive benefits plan.
• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• An organization committed to making a difference in our communities - for you and our customers.
• You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior