Senior Manager, Financial Institutions Credit Risk Expert

1 month ago


Toronto, Ontario, Canada Scotiabank Full time
Job Summary

We are seeking a highly skilled Senior Manager, Financial Institutions Credit Risk to join our team at Scotiabank. As a key member of our Global Risk Management team, you will be responsible for leading the credit risk assessment and management of financial institutions across Canada and globally.

Key Responsibilities
  • Liaise with marketing and execution personnel to maintain strong working relationships and ensure effective credit risk management.
  • Conduct in-depth risk assessments and identify material risk issues for incoming credit applications.
  • Ensure all proposed credit exposures comply with established guidelines and limits, and provide rationale for exceptions.
  • Provide recommendations to senior executives and participate in discussions at senior management Credit Committees.
  • Adjudicate on credit applications within approved lending authority.
  • Conduct industry analysis and lending guideline policy reviews for submission to senior management.
  • Develop industry knowledge and expertise, and ensure the ongoing quality of the credit portfolio.
  • Review documentation governing credit facilities and provide accurate data for regulatory and quarterly/monthly reporting requirements.
  • Work on projects and special reviews as assigned by senior management.
  • Assist with the training and development of staff.
Requirements
  • While an MBA, CMA, CFA, or CA designation is preferred, equivalent industry/credit analysis experience will be considered.
  • Risk assessment and portfolio management experience.
  • Financial statement analysis and ability to conduct in-depth credit assessments of financial institutions.
  • Knowledge of credit analysis frameworks and experience in their application to complex financial institutions.
  • Knowledge of the financial sector and ability to keep abreast of the changing accounting, legal, and regulatory landscape.
  • Ability to keep up to date with new products and developments in financial services markets.
  • Understanding of derivative products, sovereign risks, deal structuring, due diligence, and documentation.
  • Customer-focused with strong analytical, communication, self-management, and technical skills.
  • Ability to make decisions and recommendations to senior management.
What We Offer
  • A great opportunity for a position in Global Risk Management at one of the leading banks in the segment.
  • A rewarding career path with diverse opportunities for professional development.
  • Internal development to support your growth and enhance your skills.
  • A competitive compensation and benefits package.
  • An inclusive and collaborative working environment that encourages creativity and celebrates success.


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