Manager, U.S. Credit Risk, Risk Reporting

 

 

 

Requisition ID: 210733

 Salary Range: 90,000.00 - 167,200.00 

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

 

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

 

Global Banking and Markets

 

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world. 

 

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.  

 

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries!  We work together to drive ambition for every future! 

Purpose

 

The incumbent will contribute to the team’s efficient and effective credit risk assessment, credit adjudication and portfolio/risk management.  The Manager will be specifically responsible for managing the development and production of portfolio reporting, analytical tools, and credit related data, managing the portfolio reconciliation process with U.S. Finance and assisting with the credit data error identification and resolution process. The position will be located in New York and report to the Managing Director, U.S. Credit Risk Governance and Risk Reporting.  

 

What You’ll Do 

 

• Work with Global Risk Reporting team to create, design, and develop credit risk portfolio reporting tools for presentation of U.S. Credit Risk portfolio information to Scotiabank U.S. senior management;
• Optimizing and expanding existing management information systems (MIS) to provide more robust day-to-day credit risk portfolio monitoring tools for U.S. Credit Risk team members;
• Leading monthly credit risk portfolio reporting and preparation of standard regulatory reporting presentation and information packages;
• Serving as the responsible data quality officer for U.S. Credit Risk data, leading an expansion of the existing program to ensure the quality of subject credit risk data. The incumbent will collect, aggregate, and serve as the lead officer for remediation of data quality gaps, working closely with GBM and U.S. Data Governance officers in the efforts;
• Leading the monthly and quarterly reconciliation of reporting between U.S. Credit and Finance;
• Development and implementation of processes, procedures, and controls related to credit risk portfolio reporting and data quality control, as well as designing and constructing reporting solutions;
• Providing timely responses to frequent ad hoc reporting and portfolio information requests from senior management, U.S. Credit Team members, regulators, and other constituents;
• Supporting other components of U.S. Credit Risk efforts, including potentially providing analytical support in other areas working with U.S. Finance, Risk Analytics, and Data Governance;
• Working independently, completing tasks and delivering accurate reporting packages within firm deadlines. 

 

What You’ll Bring 

 

• Suitable candidates will have a minimum of three or more years of progressive, relevant and practical experience, preferably within a financial institution. Ideally the candidate will have experience in an information management field and a tr