Director, International Wealth Management Credit Risk

1 month ago


Old Toronto, Canada Scotiabank Full time
Title: Director, International Wealth Management Credit Risk

Requisition ID: 204485

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Director is liable for the overall credit quality of a designated portfolio for International Wealth Management loans and to collaborate on judicious policy/growth programs.

Is this role right for you? In this role, you will:

  1. Foster a customer-focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
  2. Collaborate with International Private Banking on transactions and risk appetite topics, and contribute to development, training, and fostering a risk culture within the business line.
  3. Collaborate with International Private Banking on initiatives to streamline International Wealth Management policies/processes and identify judicious growth opportunities/programs.
  4. Adjudicate on credits within assigned limits (as a designated Credit Officer), provide recommendations for over limit/out-of-policy deals to the Senior Credit Committee, and authorize waivers, amendments, and non-standard documentation.
  5. Work with local credit units/International Wealth Management teams in providing advice and counsel or feedback towards atypical transactions as required.
  6. Ensure well-founded and profitable growth in the Wealth Management credit portfolios by:
    1. Providing sound and timely decisions on applications for credit, within assigned lending limits, through thorough analysis with suitable structure, pricing, conditions, and security stipulated.
    2. Contributing to the development and implementation of lending policies and strategies.
    3. Being alert to other market opportunities.
  7. Ensure that the existing portfolio is maintained at a level of acceptable quality and risk by:
    1. Monitoring the assigned portfolio and approved credits on a geographic, industry, and customer/product basis, ensuring adherence to condition of credit, identifying issues, and taking remedial action in a timely manner.
    2. Ensuring early identification and sound administration of weak and unsatisfactory accounts.
    3. Alerting management to unsatisfactory trends and recommending suitable courses of action.
    4. Monitoring adherence to regulatory and internal policies as applicable.
  8. Assist in the greater development of the Bank by undertaking completion of sundry duties, including:
    1. Participating in due diligence exercises with respect to potential acquisitions.
    2. Completing special projects as required.
  9. Direct day-to-day activities in a manner consistent with the Bank’s risk culture and the relevant risk appetite statement and limits.
  10. Reinforce the Bank’s risk culture and risk appetite statement throughout the team.
  11. Foster an environment in which the team effectively and efficiently manages their assigned portfolios while adhering to day-to-day business controls with respect to operational risk, regulatory compliance risk, AML/ATF risk, and conduct risk.
  12. Contribute to a high-performance environment and people strategy that attracts, retains, develops, and motivates the team by fostering an inclusive work environment; informing vision/values/business strategy and managing succession and development planning for the team.

Do you have the skills that will enable you to succeed in this role? We’d love to work with you if you have experience with:

  1. Broad credit background and 5-10 years of lending experience (IPL structuring is an asset).
  2. Fluency in Spanish given the geographic scope of the team.
  3. Excellent analytical skills.
  4. Excellent verbal and written communication skills.
  5. Knowledge of workout situations.
  6. Awareness of competitor practices, economic, and business trends.
  7. Business degree and/or well-diversified background in Banking. An MBA/CA designation would be an asset.

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families, and their communities achieve success through a broad range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, 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. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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  • Old Toronto, Canada Scotiabank Full time

    Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Title:  Director, International Wealth Management Credit Risk Requisition ID: 204485Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Director is liable for the overall credit quality of a...


  • Old Toronto, Canada Scotiabank Full time

    Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Title:  Director, International Wealth Management Credit Risk Requisition ID: 204485Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Director is liable for the overall credit quality of a...


  • Old Toronto, Canada Scotiabank Full time

    Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Title:  Director, International Wealth Management Credit Risk Requisition ID: 204485Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Director is liable for the overall credit quality of a...


  • Old Toronto, Canada Scotiabank Full time

    Title: Director, International Wealth Management Credit RiskRequisition ID: 204485Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.The Director is liable for the overall credit quality of a designated portfolio for International Wealth Management loans and to collaborate on judicious policy/growth...


  • Old Toronto, Canada Scotiabank Full time

    Title: Director, International Wealth Management Credit RiskRequisition ID: 204485Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.The Director is liable for the overall credit quality of a designated portfolio for International Wealth Management loans and to collaborate on judicious policy/growth...


  • Old Toronto, Canada Scotiabank Full time

    Title: Director, International Wealth Management Credit RiskRequisition ID: 204485Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.The Director is liable for the overall credit quality of a designated portfolio for International Wealth Management loans and to collaborate on judicious policy/growth...


  • Old Toronto, Canada Scotiabank Full time

    Title: Director, International Wealth Management Credit RiskRequisition ID: 204485Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.The Director is liable for the overall credit quality of a designated portfolio for International Wealth Management loans and to collaborate on judicious policy/growth...


  • Old Toronto, Ontario, Canada Scotiabank Full time

    Position: Director of Credit Risk for International Wealth ManagementRequisition ID: 204485We are seeking a results-oriented leader to oversee the credit quality of our International Wealth Management loan portfolio while collaborating on strategic policy and growth initiatives.Key Responsibilities:Promote a client-centric culture within the team to enhance...


  • Old Toronto, Ontario, Canada Scotiabank Full time

    Requisition ID: 204485 At Scotiabank, we are dedicated to fostering a results-oriented and inclusive culture that empowers our employees. The Director of Credit Risk is responsible for ensuring the overall credit integrity of a specified portfolio within International Wealth Management loans while collaborating on effective policy and growth initiatives. Key...


  • Old Toronto, Ontario, CA Scotiabank Full time

    Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Title: Director, International Wealth Management Credit Risk Requisition ID: 204485Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Director is liable for the overall credit quality of a designated...


  • Old Toronto, Ontario, CA Scotiabank Full time

    Title: Director, International Wealth Management Credit RiskRequisition ID: 204485Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.The Director is liable for the overall credit quality of a designated portfolio for International Wealth Management loans and to collaborate on judicious policy/growth...


  • Old Toronto, Ontario, CA Scotiabank Full time

    Title: Director, International Wealth Management Credit RiskRequisition ID: 204485Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.The Director is liable for the overall credit quality of a designated portfolio for International Wealth Management loans and to collaborate on judicious policy/growth...


  • Toronto, Ontario, Canada Scotiabank Full time

    About the RoleThe Director of Credit Risk Management for International Wealth is a critical position within Scotiabank's Wealth Management division. This role is responsible for ensuring the overall credit quality of a designated portfolio for International Wealth Management loans.Key ResponsibilitiesDevelop and implement credit risk management strategies to...


  • Toronto, Ontario, Canada Scotiabank Full time

    About the RoleThe Director of Credit Risk Management for International Wealth is a critical position within Scotiabank's Wealth Management division. This role is responsible for ensuring the overall credit quality of a designated portfolio for International Wealth Management loans.Key ResponsibilitiesDevelop and implement credit risk management strategies to...


  • Old Toronto, Canada Scotiabank Full time

    Requisition ID: 204485Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Director is liable for the overall credit quality of a designated portfolio for International Wealth Management loans and to collaborate on judicious policy/growth programs. Is this role right for you? In this role, you...


  • Old Toronto, Canada Scotiabank Full time

    Requisition ID: 204485Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Director is liable for the overall credit quality of a designated portfolio for International Wealth Management loans and to collaborate on judicious policy/growth programs. Is this role right for you? In this role, you will: ...


  • Old Toronto, Canada Scotiabank Full time

    Requisition ID: 204485Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Director is liable for the overall credit quality of a designated portfolio for International Wealth Management loans and to collaborate on judicious policy/growth programs. Is this role right for you? In this role, you will: ...


  • Old Toronto, Canada Scotiabank Full time

    Requisition ID: 204485 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Director is liable for the overall credit quality of a designated portfolio for International Wealth Management loans and to collaborate on judicious policy/growth programs. Is this role right for you? In this role, you will:...


  • Old Toronto, Canada Scotiabank Full time

    Requisition ID: 204485Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Director is liable for the overall credit quality of a designated portfolio for International Wealth Management loans and to collaborate on judicious policy/growth programs. Is this role right for you? In this role, you...


  • Old Toronto, Canada Scotiabank Full time

    Requisition ID: 204485 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Director is liable for the overall credit quality of a designated portfolio for International Wealth Management loans and to collaborate on judicious policy/growth programs. Is this role right for you? In this role, you will:...