Requisition ID : 203271
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Working within Global Risk Management, you will be liable for driving improvements in collection strategies by leading the production of policies, strategies and data driven analyses that result in applicable insights that improve the Bank’s loan losses & profitability.
Job Responsibilities :
Participate in the judicious management of debt collections by :
Leading the design, implementation, monitoring and management of Collection strategies for Canadian portfolios to minimize credit losses by article and assigning appropriate treatments to delinquent accounts
Ensuring all credit risks associated with collections are derived and quantified with effective management reporting, across all components of collections (People, Data, Process, Technology, Strategy, Control Quality and Vendor Management)
Lead continuous improvement of all components of collections from a credit risk perspective, leveraging risk technology and by working within the minimum standards defined in the global collections policy
Mitigating risks / loss to the Bank by ensuring adherence to credit risk management policies and operational guidelines
Continue to be fully aware of industry trends and opportunities as related to technology, process and decision science
Ensuring future enhancements continue to be identified and implemented
Support reorganizations / projects to create a Collections organization that is aligned with business partner’s judicious focus
Lead initiatives to strengthen the Collections risk and operational effectiveness and efficiency. Continually champion new growth opportunities which lend themselves to the Bank’s goal of improving productivity, enhancing service and reducing costs by :
Promoting the reengineering of processes to lower loan losses, improve dollars collected, improve productivity and reduce costs
Drive continuous improvement in strategy effectiveness with focus on incremental profitability (i.e. losses avoided less cost to collect including incentives).
Streamlining and / or integrating automation and technology
Continually disputing the status quo’ through innovation
Support construction of a Centre of Excellence in Collections
Job Requirements :
Two to three years’ experience in credit risk and / or retail banking
Experience with statistical software packages such as SAS and SQL
Experience with Angoss Knowledge Seeker is preferable
Strong leadership, collaboration, and communication
Degree in business, economics, statistics, or computer science
Experience with using credit risk scores and their application in strategies
Results driven individual with high level of curiosity and ability to dive into details without losing sight of the big picture
Exceptional organization to prioritize, manage, and implement a variety of contesting initiatives, on a concurrent or staggered basis