Manager, US Credit Risk

 

 

 

Requisition ID: 264616

 

 

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

 

Job Title: Manager, U.S. Credit Risk, Risk Reporting

 

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 Manager, U.S. Credit Risk, Risk Reporting, will contribute to the team’s efficient and effective credit risk assessment, credit adjudication and portfolio/risk management.  This 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. This role will be located in Dallas, Tx 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
• Optimize and expand existing management information systems (MIS) to provide more robust day-to-day credit risk portfolio monitoring tools for U.S. Credit Risk team members
• Lead monthly credit risk portfolio reporting and preparation of standard regulatory reporting presentation and information packages
• Serve as the responsible data quality officer for U.S. Credit Risk data, leading the continuous improvement of the existing program to ensure the quality of subject credit risk data.
• 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
• Lead the monthly and quarterly reconciliation of reporting between U.S. Credit and Finance
• Develop and implement processes, procedures, and controls related to credit risk portfolio reporting and data quality control, as well as designing and constructing reporting solutions
• Provide timely responses to frequent ad hoc reporting and portfolio information requests from senior management, U.S. Credit Team members, regulators, and other constituents
• Support 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
• Work independently, completing tasks and delivering accurate reporting packages within firm deadlines.
   

 

What You’ll Bring

 

•  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 track record of success in implementing effective information systems that support and generate profitable and informed decision-making in the financial services sector
• Credit risk knowledge and experience is an asset
• A relevant university degree is a requirement
• Advanced data management and report building skills are important, coupled with strong financial, accounting, computer literacy, time management, and excellent written and oral communication skills
• Proficiency in Power BI,  Excel and  SQL is required
• Working knowledge of th