Scotia Bank Careers – Retail Credit Risk Manager

Website Scotiabank

Job Description:

The Manager, Credit Risk is responsible for exercising sound credit judgement, providing quality credit exception decisions while balancing production objectives. The incumbent demonstrates the ability to deliver sound decision on more complex credit deals. The incumbent is responsible for ensuring efficient and effective use of resources to ensure consistent and timely decisions that deliver a high quality of customer service. Adjudicates on credits applications within the risk framework of the Bank while adhering to Bank policy and established exception authority.

Job Responsibilities:

  • Providing recommendations, alternatives or restructure credit requests, as appropriate
  • Providing coaching, direction and guidance to partners relating to credit applications as required
  • Effectively analyzing partner submissions complex application information and associated documents and rationale
  • Ensuring all partner interactions are professional, respectful, and value added
  • Ensuring accurate and complete documentation of rationale for every credit decision; including the assessment of the applicable 5 Cs of credit
  • Acting with a sense of urgency in response to partner requests and inquiries to assist in meeting customer needs and expectations
  • Presenting sound and effective recommendations on credit requests above established limits
  • Exercising advanced credit judgement and skills in approving and declining credit applications within established limits
  • Ensuring consistent application of policies and processes to credit decisions, including adherence to regulatory requirements

Job Requirements:

  • Proven credit judgement and the ability to fully analyze Financial Statements;
  • Knowledge of all relevant systems as applicable to the ACE unit
  • Thorough knowledge of The Bank’s Regulatory and Compliance requirements as they relate to credit granting, including Privacy, Anti-Money Laundering (AML)/Anti-Terrorist Financing; and Know Your Customer (KYC) requirements
  • Must be organized and be an effective decision maker to meet the demands of a high volume environment
  • Effective communication (written and verbal) and interpersonal skills are necessary for professional interactions with customers, partners and business lines to ensure a high level of credibility
  • An expert understanding of Bank lending policies and procedures, financial analysis, risk assessment techniques, credit structuring, collateral and security documentation and registration, collection, regulatory, related legislation and accounting practices;
  • Strong analytical and problem resolution skills
  • Strong team player and skillful in developing harmonious relationships with Unit team members and stakeholders
  • Good understanding of the Bank’s credit culture

Qualification & Experience:

  • Experience in working within a Lean environment is an asset

Job Details:

Company: Scotiabank

Vacancy Type: Full Time

Job Location: Mississauga, CA

Application Deadline: N/A

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