Senior Manager Credit Risk

Requisition ID: 135653

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

ACE is part of Global Risk Management (GRM) which constitutes the Second Line of Defense in the Bank's risk management framework.ACE executes against Bank approved policies, within delegated limits.

What Your Role Will Be:
Provide high quality and in-depth credit decisions by:
Ensuring accurate and complete documentation of rationale for every credit decision; including the assessment of the applicable 5 Cs of credit
Presenting sound and effective recommendations on credit requests above established limits

Deliver an effective and timely customer experience by:
Ensuring all partner interactions are professional, respectful, and value added
Provide recommendations, alternatives or restructure credit requests, as appropriate
Act with a sense of urgency in response to partner requests and inquiries to assist in meeting customer needs and expectations

Contribute to ACE objectives/commitments by:
Delivering against established ACE Service Level Agreement targets by:
Consistently achieving KPI target as established
Responding promptly and effectively to credit requests, concerns and Partner communication

Taking personal accountability for Lean management activities in order to support continuous improvement through collaborative problem solving, huddles, standard approach to work, visual controls, coaching etc.
Contribute to continuous evolution of Lean methodology at ACE
Effectively contributing to doing it right the first time
Leading by example in all interactions in the areas of communication, service delivery and relationship management

Optimizing Risk and Return by:
Ensuring decisions are replicable and transparent with appropriate diarized rationale
Champion clarity and risk based policy improvements across

all products.
Making loan decisions according to approved lending limits and ACE Limits and Exception Authorities document
Identifying and escalating any potential issues (e.g. Anti-Money Laundering-AML; Privacy; Know Your Customer-KYC; Compliance)
Operating within the Bank's risk framework

Contribute to personal development by:
Promoting a positive work environment that enhances employee satisfaction
Active participation in personal development and functional learning as established
Taking action on feedback received and implementing change
Advocate change, leads development tasks and/or mentorship of peers

Skills You Already Have:
A comprehensive knowledge of the Bank's products and services;
An expert understanding of Bank lending policies and procedures, financial analysis, risk assessment techniques, credit structuring, collateral and security documentation and registration, collection, regulatory, related legislation and accounting practices;
Proven credit judgement and theability to fully analyze Financial Statements;
Strong analytical and problem resolution skills
Strong coaching and demonstrated leadership skills;
Knowledge of all relevant systems as applicable to the ACE unit, including Moody's R/A
Thorough knowledge of The Bank's Regulatory and Compliance requirements as they relate to credit granting, including Privacy, Anti-Money Laundering (AML)/Anti-Terrorist Financing; and Know Your Customer (KYC) requirements
Good understanding of the Bank's credit culture
Effective communication and interpersonal skills are necessary for professional interactions with customers, partners and business lines to ensure a high level of credibility
Must be organized and be an effective decision maker to meet the demands of a high volume environment
Strong team player and skillful in developing harmonious relationships with Unit team members and stakeholders
Experience in working within a Lean environmentis an asset

Location(s):Canada : Ontario : Mississauga || Canada : Ontario : Toronto || Canada : Quebec : Montreal

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.

JOB TYPE

Work Day:Full Time

Employment type:Permanent Job

Salary:Negotiable

JOB REQUIREMENTS

Minimal experience:Unspecified