Senior Manager, U.S. Credit Risk

 

 

 

Requisition ID: 201883

 Salary Range: 110,700.00 - 211,800.00 

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 cover US corporate borrowers, which may include, but is not limited to, the following industry groups:  general commercial & industrial, utilities/power, wholesale, agriculture, food & beverage, cable & telecom, entertainment, retail, real estate, hospitality, gaming, aerospace & transport and technology. The role will ensure that specific individual goals, plans and initiatives are executed and delivered in support of the Bank’s business strategies and objectives; and that all credit activities are conducted in compliance with governing regulations, as well as internal policies and procedures.

 

The position will be located in Houston and report to the Director, U.S. Credit Risk – Corporates.

What You’ll Do 

 

• Manage a portfolio of individual credits across multiple corporate industries
• Assist in the process of assessing, adjudicating and monitoring both individual credits and the coverage portfolio
• Product coverage is broad and will include all products that have credit risk, such as loans, loan products, derivatives, commodities and banking products 
• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
• Identify risk mitigation opportunities where appropriate
• Assist in preparing information for and responding to questions from regulatory authorities and audit
• Ensure that all credit adjudication(s) and daily practices adhere to Bank policies and procedures
• Understand and implement the Bank’s risk appetite and risk culture in day-to-day activities and decisions
• Coordinate and work with Head Office Global Risk Management when necessary in matters related to the presentation of the global view of credit risk related to the portfolios 
• Participate in special projects within U.S. Credit Risk Management related to broader strategic initiatives and the development of portfolio management and reporting capabilities
• Mentor and help develop colleagues at the Manager level.

 

What You’ll Bring 

 

• Minimum a Bachelor’s degree in a related discipline. Master's degree, recognized professional designation in a specialized area of finance or business, or equivalent, is an asset. 
• 4-7 years of experience in financial and credit risk analysis; 
• Unders