Manager, Credit Strategies, Global Small Business

2 weeks ago

Toronto, Canada Scotiabank Full time

Requisition ID: 213396

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

The Manager will work closely with different stakeholders to ensure adequate credit strategies are developed and continuously optimized across the lifecycle (Originations, Account Management and Collections).

The incumbent will drive analyses and provide strategic direction across the lifecycle including Small Business segments and industries, ensuring credit strategies are in adherence to the risk appetite and risk adjusted return is continuously optimized.

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

- Contribute to the strategy development and processes for originations, credit limit management, authorization, pricing, re-issue, overlimit, and collections
- Collaborate with cross functional teams from IT, Operations, Collections Ops and project team, in addition to internal GRM teams to successfully implement Risk strategies, processes and functionalities included in business requirements
- Closely monitor performance to ensure each strategy decision area is delivering both optimal profitability and is aligned with the Bank’s Credit Risk Appetite
- Drive continuous improvement in strategy effectiveness with focus on incremental profitability. Leverage Champion / Challenger capabilities wherever possible to confirm assumptions and justify changes
- Identify root cause, making recommendations to senior management and implementing any recommended changes to any/ all of customer management business strategies
- Introduce changes under a test/control framework to help drive objective, evidence-based decisions that improve collection key performance metrics
- Develop and review documentation for risk and technical requirement including DRE/TRIAD strategies
- Liaise closely with external vendors (FICO/TSYS) and internal stakeholders (Revolving technology and Business team) to ensure technical mandates, requirements and specifications of new variables or strategy changes are processed accurately in DRE/TRIAD
- Manage escalations in technology issues with internal stakeholders/external vendors to ensure overall end-to-end processes are intact
- Command emerging solutions available to strategy teams and plan enhancement opportunities to test and learn within the confines of Bank standards.
- Ensure alignment in all technology change implementation and coordinate testing with technology & operations teams
- Negotiate priorities with internal stakeholders (Business, IT and Risk technology) to support strategic initiatives
- Monitor, assess and evaluate overall credit strategies as well as overall portfolio performance. Through various dimensions of analysis, work closely with business partners to develop actionable tactical recommendations to enhance program effectiveness and profitability
- Identify if any credit risks are or will become in excess of the Risk Appetite Framework. Move quickly to rectify including: identifying root cause, making recommendations to senior management, and implementing changes to portfolio and business line strategies
- Work with GRM analytics, Canadian business, and product partners to ensure credit strategies across the lifecycle are developed using best practices including decision science and strategies follow divisional minimum standards
- Interact with credit risk departments across International Banking and various vendors (FICO, TransUnion, Equifax) to ensure all credit risk customer management strategies meet industry best practices and regulatory requirements

**Do you have the skills that will enable you to succeed? We’d love to work with you if you have**:

- University degree in mathematics, economics, or fields related
- 1 - 5 years of relevant work experience
- A sound understanding of behaviour scoring, optimize strategies, policies and business rules
- A deep understanding of credit bureau information
- Strong understanding of retail & Small Business products, programs, processes, 3rd party vendors, policies, regulatory requirements and internal compliance requirements
- Exceptional problem-solving skills, with ability to manage ambiguity
- Strong analytical skills and ability to design and interpret information/data required to monitor the performance
- Programming skills in SAS, Python, SQL, Angoss, etc.
- The ability to effectively manage relationships across the Bank
- Excellent executive communication and storyboarding skills
- Strong leadership and interpersonal skills that facilitate an effective team environment
- Expert knowledge of BNS organizational structure, key stakeholders and partners.

**What’s in it for you?**
- An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success
- We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one
- Your career matters You will have acces

  • Manager, Small Business Credit Products

    7 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 199596 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **What your role will be** The Manager, Small Business Credit Products is responsible for the suite of Small Business credit products, ensuring they are competitively positioned, profitability is maximized and existing and future...

  • Product Manager, Small Business Credit Line

    7 months ago

    Toronto, Canada BMO Financial Group Full time

    33 Dundas Street West Toronto Ontario,M5G 3C2 As a Product Manager for Small Business Credit Line at BMO Financial Group, you will play a pivotal role in designing, implementing, and leading transformative product strategies for the Small Business Credit Line portfolio that drive growth and deliver value to our small business customers. This role reports...

  • Director, Small Business Credit Cards

    2 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 210461 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. As the Director, Small Business Credit Cards, you will lead growth and portfolio plans for our suite of Small Business credit cards. The role will require energy and enthusiasm to establish a new team, responsible for ensuring...

  • Manager, Portfolio Analytics

    2 weeks ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 213416 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Reporting to the Senior Manager, Global Small Business Risk Analytics & Reporting, the Manager will work closely with senior management, GRM colleagues, business line leads, and a diverse set of stakeholders to generate insights and...

  • Senior Manager, Portfolio Analytics

    1 week ago

    Toronto, Canada Scotiabank - Global Banking and Markets Full time

    Requisition ID: 213683Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.Reporting to the Senior Director, Global Small Business Risk, the Senior Manager will work closely with senior management, GRM colleagues, business line leads, and a diverse set of stakeholders to generate insights and deliver strategic...

  • Director, Credit Risk Oversight

    7 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 201178 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Director, Credit Risk Oversight & Analytics, Small Business, Global Risk Management, is liable for providing leadership and key oversight on the evaluation and decisions made on credit score and policy changes across the credit...

  • Global Credit Strategy Executive Assistant

    4 days ago

    Toronto, Ontario, Canada CPP Investments Full time

    **Company Overview:**CPP Investments is a global investment organization with a mission to build a diversified portfolio and secure the financial future of Canadians. With over $600 billion in assets under management, we are one of the world's most admired and respected institutional investors.We are seeking an experienced Global Credit Strategy Executive...

  • Manager, Resl Credit Strategies

    4 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 206829 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Join a purpose driven team, acted to results, in an inclusive and high-performing culture. The mandate of this role is to manage credit life cycle strategies for Real Estate Secured Lending in order to optimize risk/return within...

  • Manager, Small Business Balance Growth

    7 months ago

    Toronto, Canada BMO Financial Group Full time

    33 Dundas Street West Toronto Ontario,M5G 3C2 **The Manager - Small Business Balance** **Growth **is accountable for the maintenance implementation of Balance Transfer and other programs/strategies in BMOs Canadian small business credit card portfolios. **ACCOUNTABILITIES** Balance Transfer - Oversight of overall strategy and implementation of programs...

  • Research Assistant, Credit Estimates

    6 months ago

    Toronto, Canada S&P Global Full time

    **The Role**: Research Assistant, Credit Estimates **Grade/Level ( relevant for internal applicants only )**: 08 **The Location**: Toronto, CAN **The Team**: The Credit Estimates team is a close knit team of analysts predominantly based out of Toronto and New York but also with analysts in Latin America, Europe and Asia. The team works very closely to...

  • Strategic Business Leader for Credit Portfolio

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    About the RoleAs a Senior Manager, Small Business Credit Strategy at Royal Bank of Canada (RBC), you will play a crucial role in developing and implementing credit strategies that drive business growth while ensuring risk mitigation.Job SummaryThis is an exciting opportunity to lead end-to-end stakeholders meetings with senior management, product teams, and...

  • Manager, Hef Credit Strategy

    3 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** As Manager, HEF Credit Strategy, you are primarily responsible for developing credit strategies using advanced analytics for HEF products as well as improving profitability by recommending solutions that balance risk, reward, operational efficiency, and customer impact. You will work to support the business targets for growth, while ensuring...

  • IT Security Business Strategy Manager

    4 weeks ago

    Toronto, Canada Insight Global Full time

    We are seeking a skilled IT security business strategy manager to join Insight Global in Toronto. The ideal candidate will possess strong communication and presentation skills, have experience in documentation of business requirements, investigation, and develop business strategy.**Job Overview:**The role requires the ability to oversee the complete project...

  • Credit Officer

    6 months ago

    Toronto, Canada Central 1 Credit Union Full time

    Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5...

  • Intern, Global Credit

    3 months ago

    Toronto, Canada IMCO Full time

    At IMCO, our talent is among the best! IMCO offers a uniquely stimulating and rewarding environment where you can help build and drive organizational transformation, all while seeking to challenge yourself, learn, and grow your career. We offer a culture of collaboration and passion, creating unwavering value for the clients we serve. Our vision is to be...

  • Manager, Portfolio Oversight

    12 hours ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 162851 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose of Job**: The Manager, Portfolio Oversight Reporting Management works with credit risk departments across International banking to analyze and report on the performance of new and existing portfolios by ensuring that...

  • Vp, Financial Management, Global Retail Credit Risk

    7 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 195409 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The VP contributes directly to the credit quality of Scotiabank’s Canadian and International Retail credit portfolios. In coordination with the business lines, this role is accountable for providing an independent and informed...

  • Manager, Credit Risk Strategy

    7 months ago

    Toronto, Canada Rogers Communications Full time

    Looking to join a growing financial services team? Rogers Bank, a subsidiary of Canada's leading wireless, cable and media company, is expanding and seeking passionate individuals to develop and implement innovative financial solutions and experiences. The bank offers unique cash-back benefits and financing options for Rogers purchases using cutting-edge...

  • Account Manager, Virtual Business Center

    2 months ago

    Toronto, Canada Business Development Bank of Canada Full time

    We are banking at another level. Choosing BDC as your employer means working in a healthy, inclusive, and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently, to...

  • Principal, Global Trading

    2 months ago

    Toronto, Canada Ontario Teachers' Pension Plan Full time

    The opportunity Our Global Trading team is seeking a highly motivated individual, with a successful track record of trading credit products to join us based in our Toronto office. You will have experience with both cash and derivatives, with a focus on the US credit market. Who you'll work with- The Global Trading team within the Total Fund Management...