Senior Manager, Portfolio Analytics & Reporting (Automotive)

Scotiabank • Toronto, ON

13d • Onsite

About The Position

The mandate of this role is to oversee the Portfolio Risk Analytics & Reporting for the Automotive Lending portfolio to optimize risk/return within Global Risk Management to assist Canadian Banking priorities. In this role, the incumbent will develop and monitor key performance indicators of the automotive portfolio scrutinized through different lenses to maximize risk adjusted return while managing portfolio PCL. The incumbent will provide the team along with business line partners advanced data assessment, monitoring and measurement on the health of the Automotive portfolio to ensure strategies and policies are within the Risk Appetite Framework. This position plays a key role by using data, systems, research and analysis to identify portfolio trends, risk and opportunities across Automotive lending portfolios (Prime, Lease and SDA) by setting prudent risk controls and applicable tactics. The Senior Manager will proactively contribute to portfolio risk oversight by delivering comprehensive analytics that measure customer performance across multiple dimensions. The role is highly technical and requires expert SAS/Python, data analytics and BI tools skills.

Requirements

• A minimum of five years with an organization focused on improving the customer experience and automating processes, with a successful track record using analytical tools to conduct data analysis and generate business insights.
• Proficiency in programming and/or database programs (SAS, JAVA, SQL, R, Hadoop, Python).
• Project management and leadership skills to prioritize manage and implement a variety of contesting initiatives, on a concurrent or staggered basis.
• Excellent communication and written skills complemented with analytical & problem-solving skills consistent with the ability to identify key issues from a broad range of alternatives as well as recommend optimal solutions for various situations.
• Knowledge of credit scoring and risk assessment as well as portfolio management, risk analytics and collections to maximize the effectiveness of existing technology in providing competitive and effective solutions that respond to the credit needs of our customers.
• Must have a University degree in relevant STEM discipline (Science, Technology, Engineering and Mathematics) or a Master degree in business, statistics, economics, mathematics, management sciences or analytics

Nice To Haves

• Prior experience in a retail lending environment or credit risk management is preferred.

Responsibilities

• Use a variety of Business Intelligence analytical and reporting tools (i.e., SAS, Python, Tableau) 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 through automation.
• Maintain performance monitoring on new accounts acquired through different channels and special programs; ensure performance align with targets, explain discrepancies/ emerging trends that may impact portfolio health (short term and long term).
• Assess strategy effectiveness and proactively identify if any risk segments are or will impact provisioning estimates as vintages mature.
• Respond to adhoc requests from executives and key stakeholders with a sense of urgency. Perform required data pulls, collect and formalize to answer questions. Prioritization and working on more than one request at a time is often required.
• Provide applicable 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.
• Identify opportunities and propose innovative risk strategies with focus on risk/return, asset-based lending with building a robust and competitive portfolio in mind.
• Prepare/update/review portfolio monitoring decks and executive reports and ensure reporting accuracy with appropriate narration & commentary.
• Review and conduct analysis of existing policy and procedures to identify, promote and lead opportunities to maintain credit quality, improve efficiency and effectiveness of originations procedures including streamlining, automating, and standardization; recommend changes to enhance performance and overall customer experience.
• Assist investigations and solutioning for questions/findings from OSFI, Internal Audit, Policy Adherence & Effectiveness (PAE) and ACE with appropriate data/reports including preparation of Audit/OSFI closure package in an appropriate /acceptable timeframe.
• Liaise with the Fraud Department, Corporate Security and Collections to prepare Automotive portfolio specific First Party Credit Fraud, Credit Abuse Fraud and Synthetic ID Fraud monitoring KRI’s and reports to identify and regularly report on high-risk accounts.
• 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., Credit bureaus and dealer portals) and similar position contacts in other financial institutions.
• Ensure all business line judicious projects (i.e., new product launches, changes to existing product offerings, new channels, cross-functional projects, new acquisition framework, policy change initiatives) 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.
• Represent Risk's point of view and liaise with the stakeholders (operations, product owners, collections, technology, governance) throughout the organization to listen actively, socialize, 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 assist of new products/program development, portfolio performance issues, product enhancements, changes to the industry and regulatory landscape, and business operations.
• Assist GRM effective challenge function, ensure Credit Risk Proposals are assisted with strong financial and quantitative analysis, credit risks are effectively assessed and measured. Conduct in-depth analysis on special programs, and assist policy enhancement.
• Prepare and assess credit risk proposals and providing Senior Management with sound recommendations for changes to core policies, regulations and major business initiatives and portfolio level decisions that require GRM’s authorization. This includes assessment of new program/product, new pilots or pilot extension or program renewals, etc.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree