Search jobs > Toronto, ON > Manager credit

Senior Manager, Financial Institutions Credit Risk

Scotiabank
Toronto, ON, CA
$53 an hour (estimated)
Full-time

Is this role right for you?

In this role you, will :

  • Liaise and maintain a strong working relationship with marketing and execution personnel in banking units in Canada and globally.
  • Review pertinent financial and industry information and perform in-depth risk assessment identifying material risk issues for incoming credit applications.
  • Ensure all proposed credit exposures are in compliance with the established guidelines and limits and provide rationale for exceptions.
  • Provide recommendations to senior executives, present and participate in discussions at senior management Credit Committees.
  • Adjudicate on credit applications within approved lending authority.
  • Conduct industry analysis and lending guideline policy reviews for submission to senior management, including preparation of board-level reports.
  • Develop a high degree of industry knowledge and expertise and ensure the ongoing quality of the credit portfolio through the review of industry publications, the assessment of financial reporting packages, and ongoing discussions with banking officers.
  • Review documentation governing particular credit facilities as required (i.e., trading documentation).
  • Provide accurate data in a timely manner as requested by the various Bank offices / departments to satisfy regulatory and quarterly / monthly reporting requirements (e.

g., Basel III, SOX, OSFI).

  • Work on projects and special reviews as assigned by senior management.
  • Assist with the training and development of staff.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have :

While MBA, CMA, CFA or CA Designation is preferred, equivalent industry / credit analysis experience will be considered.

GARP or FRM designations also considered an asset.

  • Risk assessment and portfolio management experience.
  • Financial statement analysis and ability to conduct in-depth credit assessments of financial institutions, including forward-looking projections and stress testing.
  • Knowledge of credit analysis frameworks, and experience in their application to complex financial institutions across multiple accounting, legal and regulatory jurisdictions globally.
  • Knowledge of the financial sector and the main business activities of financial institutions, and ability to keep abreast of the quickly changing accounting, legal and regulatory landscape.
  • Ability to keep up to date with new products and developments in financial services markets.
  • Understanding of derivative products, sovereign (cross border) risks, deal structuring, due diligence & documentation, legal & accounting principles.
  • Understanding of the Bank’s business activities within the sector.
  • Ability to make decisions and appropriate recommendations to senior management and effectively support such recommendations.
  • Customer focused.
  • Strong analytical, communication, self-management and technical skills.
  • Curiosity, ability to learn, and to apply newly acquired knowledge to daily tasks.
  • Strong time management and organizational skills to manage multiple (often shifting) priorities in a fast-paced environment.
  • Superior negotiation and problem-resolution skills to reach agreements with business line partners.

What’s in it for you?

  • The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
  • A great opportunity for a position in Global Risk Management at one of the leading Banks in the segment.
  • A rewarding career path with diverse opportunities for professional development.
  • Internal development to support your growth and enhance your skills.
  • A competitive compensation and benefits package.
  • An organization committed to making a difference in our communities for you and our customers.
  • We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!
  • 30+ days ago
Related jobs
Money Mart Financial Services
Toronto, Ontario

Manager, Risk manages the end-to-end process of the company’s credit and underwriting functions in the US and Canada across all consumer lending products, with the goal of creating and maintaining a balanced portfolio that optimizes profitability within agreed upon risk appetite thresholds. The succ...

Deloitte
Toronto, Ontario

Financial Derivatives Pricing, VaR/ES, Counterparty Credit Risk, xVAs, FRTB, CDOR Transition and CCAR models) based on industry best practices. The salary range for the Manager position is $95,000 - $159,000 and $123,000 - $228,000 for the Senior Manager position, and individuals may be eligible to ...

Deloitte
Toronto, Ontario

Financial Derivatives Pricing, VaR/ES, Counterparty Credit Risk, xVAs, FRTB, CDOR Transition and CCAR models) based on industry best practices. Capital Markets and/or Market Risk functions) spent on model development or model validation/vetting team at a major financial institutions;. The salary ran...

The Toronto-Dominion Bank (Canada)
Toronto, Ontario
Remote

The Senior Manager, Financial Crime Risk Oversight sits within the TDS FCRM Advisory Team and is primarily responsible for supporting the AML compliance framework by providing guidance to, and oversight of, the Business' implementation of Anti-Money Laundering and Anti-Terrorist Financing (AML/ATF) ...

AMEX
Toronto, Ontario

Collaborate with Credit & Fraud Risk (CFR) Centers of Excellence to optimize credit decisions, strengthen credit policies, and enhance risk controls. The Line Management team leads credit line strategy for the Canadian card portfolio with the aim to optimize credit line decisions across the Card Mem...

Stafflink
Toronto, Ontario

We are thrilled to be working with one of our top financial services clients on staffing a Manager of Commercial Credit & Enterprise Risk. This role is responsible for leading the commercial credit risk program, ensuring its alignment with regulations and risk appetite. Oversee the commercial credit...

Ernst & Young
Toronto, Ontario

We are seeking a Senior Manager for our PAS Financial Services practice. You will have already achieved outstanding professional success and are a seasoned senior manager with experience:. In joining our team, you will gain valuable experiences and a wealth of knowledge by working across various cap...

Deloitte
Toronto, Ontario

For the Senior Manager position, a minimum of 5 years of relevant experience working in the model risk management (development, validation, internal audit) team within a major financial institution. For the Manager position, a minimum 3 years of relevant experience working in the model risk manageme...

CMHC - SCHL
Toronto, Ontario

Join CRO’s Financial Risk Oversight team, in the position of Senior Specialist, Financial Risk Oversight (Capital Markets), where you will provide risk oversight in monitoring and managing financial risks to CMHC in support of strategic corporate objectives. Chartered Financial Analyst, Professional...

Questrade Financial Group
Toronto, Ontario

Senior Manager, Government and Regulatory Affairs. Yonge St, North York, ON M2M 4K2, Canada Req #2880 Tuesday, August 20, 2024 Questrade Financial Group (QFG) of Companies is committed to helping our customers become much more financially successful and secure. We’re looking for our next Senior Mana...