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senior accounts manager - banking, credit and investment
Title posted on CareerBeacon - Senior Manager, Credit Strategies, Global Small Business
Posted on December 24, 2024 by Employer details Scotiabank
Job details
Requisition ID: 213421Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Reporting to the Director, Credit Risk Oversight & Analytics, Small Business, the Senior Manager will work closely with different stakeholders to ensure adequate credit strategies are developed and continuously optimized across the lifecycle (Originations, Account Management and Collections). The incumbent will drive analyses and provide strategic direction across the lifecycle including Small Business segments and industries, ensuring credit strategies are in adherence to the risk appetite and risk adjusted return is continuously optimized. Is this role right for you? In this role, you will: Lead the strategy development and processes for originations, credit limit management, authorization, pricing, re-issue, overlimit, and collections Collaborate with cross functional teams from IT, Operations, Collections Ops and project team, in addition to internal GRM teams to successfully implement Risk strategies, processes and functionalities included in business requirements Closely monitor performance to ensure each strategy decision area is delivering both optimal profitability and is aligned with the Bank's Credit Risk Appetite Drive continuous improvement in strategy effectiveness with focus on incremental profitability. Leverage Champion / Challenger capabilities wherever possible to confirm assumptions and justify changes Identify root cause, making recommendations to senior management and implementing any recommended changes to any/ all of customer management business strategies Introduce changes under a test/control framework to help drive objective, evidence-based decisions that improve collection key performance metrics Develop and review documentation for risk and technical requirement including DRE/TRIAD strategies Liaise closely with external vendors (FICO/TSYS) and internal stakeholders (Revolving technology and Business team) to ensure technical mandates, requirements and specifications of new variables or strategy changes are processed accurately in DRE/TRIAD Manage escalations in technology issues with internal stakeholders/external vendors to ensure overall end-to-end processes are intact Command emerging solutions available to strategy teams and plan enhancement opportunities to test and learn within the confines of Bank standards. Ensure alignment in all technology change implementation and coordinate testing with technology & operations teams Negotiate priorities with internal stakeholders (Business, IT and Risk technology) to support strategic initiatives Monitor, assess and evaluate overall credit strategies as well as overall portfolio performance. Through various dimensions of analysis, work closely with business partners to develop actionable tactical recommendations to enhance program effectiveness and profitability Identify if any credit risks are or will become in excess of the Risk Appetite Framework. Move quickly to rectify including: identifying root cause, making recommendations to senior management, and implementing changes to portfolio and business line strategies Work with GRM analytics, Canadian business, and product partners to ensure credit strategies across the lifecycle are developed using best practices including decision science and strategies follow divisional minimum standards Interact with credit risk departments across International Banking and various vendors (FICO, TransUnion, Equifax) to ensure all credit risk customer management strategies meet industry best practices and regulatory requirements Do you have the skills that will enable you to succeed? We'd love to work with you if you have: A university degree in mathematics, economics, or fields related 5 - 10 years of relevant work experience A sound understanding of behaviour scoring, optimize strategies, policies and business rules A deep understanding of credit bureau information A stro- LocationToronto, ON
- Workplace information On site
- SalaryNot available
- Terms of employment Permanent employmentFull time
- Starts as soon as possible
- vacancies 1 vacancy
- Source CareerBeacon #2130958
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