Director, International Wealth Management Credit Risk Specialist
2 months ago
About the Role
This is a challenging and rewarding opportunity to join Scotiabank's International Wealth Management team as a Director, International Wealth Management Credit Risk. As a key member of the team, you will be responsible for fostering a customer-focused culture, collaborating with International Private Banking, and ensuring well-founded and profitable growth in the Wealth Management credit portfolios.
Key Responsibilities
- Foster a customer-focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
- 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.
- Collaborate with International Private Banking on initiatives to streamline International Wealth Management policies/processes and identify judicious growth opportunities/programs.
- 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.
- Work with local credit units/International Wealth Management teams in providing advice and counsel or feedback towards atypical transactions as required.
- Ensure well-founded and profitable growth in the Wealth Management credit portfolios by:
- Providing sound and timely decisions on applications for credit, within assigned lending limits, through thorough analysis with suitable structure, pricing, conditions, and security stipulated.
- Contributing to the development and implementation of lending policies and strategies.
- Being alert to other market opportunities.
- Ensure that the existing portfolio is maintained at a level of acceptable quality and risk by:
- 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.
- Ensuring early identification and sound administration of weak and unsatisfactory accounts.
- Alerting management to unsatisfactory trends and recommending suitable courses of action.
- Monitoring adherence to regulatory and internal policies as applicable.
- Assist in the greater development of the Bank by undertaking completion of sundry duties, including:
- Participating in due diligence exercises with respect to potential acquisitions.
- Completing special projects as required.
- Direct day-to-day activities in a manner consistent with the Bank's risk culture and the relevant risk appetite statement and limits.
- Reinforce the Bank's risk culture and risk appetite statement throughout their teams.
- Foster an environment in which their 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.
- Contribute to a high-performance environment and people strategy that attracts, retains, develops, and motivates their team by fostering an inclusive work environment; informing vision/values/business strategy and managing succession and development planning for the team.
Requirements
- Broad credit background and 5-10 years of lending experience (IPL structuring is an asset).
- Fluent in Spanish given geographic scope of the team.
- Excellent analytical skills.
- Excellent management skills.
- Excellent verbal and written communication skills.
- Knowledge of workout situations.
- Strong computer skills.
- Awareness of competitor practices, economic, and business trends.
- Business degree and/or well-diversified background in Banking. An MBA/CA designation would be an asset.
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Old Toronto, Ontario, Canada Scotiabank Full timeJob Title: Director, International Wealth Management Credit RiskScotiabank is seeking a highly skilled and experienced Director, International Wealth Management Credit Risk to join our team. As a key member of our International Wealth Management team, you will be responsible for leading the credit risk management function and ensuring the overall credit...
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Old Toronto, Ontario, Canada Scotiabank Full timeJob Title: Director, International Wealth Management Credit RiskScotiabank is seeking a highly skilled and experienced Director, International Wealth Management Credit Risk to join our team. As a key member of our International Wealth Management team, you will be responsible for leading the credit risk management function and ensuring the overall credit...
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Old Toronto, Ontario, Canada Scotiabank Full timeRole SummaryWe are seeking a highly skilled and experienced professional to join our team as a Director of International Wealth Management Credit Risk. As a key member of our credit risk management team, you will be responsible for ensuring the overall credit quality of our designated portfolio for International Wealth Management loans.Key...
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Old Toronto, Ontario, Canada Scotiabank Full timeRole SummaryWe are seeking a highly skilled and experienced professional to join our team as a Director of International Wealth Management Credit Risk. As a key member of our credit risk management team, you will be responsible for ensuring the overall credit quality of our designated portfolio for International Wealth Management loans.Key...
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Old Toronto, Ontario, Canada Scotiabank Full timeRequisition 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...
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Old Toronto, Ontario, Canada Scotiabank Full timeRequisition 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...
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Toronto, Ontario, Canada Scotiabank Full timeAbout This Role As a Director, International Wealth Management Credit Risk, you will play a pivotal role in shaping the credit risk strategy for our growing international wealth management portfolio. You'll be responsible for fostering a customer-centric culture within your team, collaborating with key stakeholders, and ensuring sound lending practices that...
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Old Toronto, Ontario, Canada Scotiabank Full timeAbout the RoleWe are seeking a highly skilled and experienced Credit Risk Manager to join our International Wealth Management team at Scotiabank. As a key member of our team, you will be responsible for ensuring the overall credit quality of a designated portfolio for International Wealth Management loans.Key ResponsibilitiesPortfolio Management: Foster a...
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Old Toronto, Ontario, Canada Scotiabank Full timeAbout the RoleWe are seeking a highly skilled and experienced Credit Risk Manager to join our International Wealth Management team at Scotiabank. As a key member of our team, you will be responsible for ensuring the overall credit quality of a designated portfolio for International Wealth Management loans.Key ResponsibilitiesPortfolio Management: Foster a...
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Old Toronto, Ontario, Canada Scotiabank Full timeRequisition ID: 204485 At Scotiabank, we are dedicated to fostering a results-oriented environment that values inclusivity and high performance. The Director of International Wealth Management Credit Risk is responsible for overseeing the credit quality of a specified portfolio related to International Wealth Management loans, while also collaborating on...
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Old Toronto, Ontario, Canada Scotiabank Full timeRequisition ID: 204485 At Scotiabank, we are dedicated to fostering a results-oriented environment that values inclusivity and high performance. The Director of International Wealth Management Credit Risk is responsible for overseeing the credit quality of a specified portfolio related to International Wealth Management loans, while also collaborating on...
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Old Toronto, Ontario, Canada Scotiabank Full timeRequisition ID: 204485 We are seeking a dedicated leader to oversee the credit quality of our International Wealth Management loan portfolio while collaborating on effective policy and growth initiatives. Key Responsibilities: Promote a client-centric culture within the team to enhance client relationships and leverage the broader organizational resources...
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Toronto, Ontario, Canada Scotiabank Full timeJob SummaryThis role is responsible for fostering a customer-focused culture within the team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.Key ResponsibilitiesCollaborate with International Private Banking on transactions and risk appetite topics, and contribute to development, training, and fostering a risk...
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