Manager, Credit (English/Spanish) - Third Party Risk Management (6 Month Contract)

February 17 2021
Industries Bank, Insurance, Financial services
Categories Accounting, Finance, Accounting, Finance, Bank, Insurance, Financial services, Credit, Collections, Credit, Risk, Forensic accounting, Fraud, Management, Administration
Toronto, ON

Requisition ID: 96998

Join the Global Community of Scotiabankers to help customers become better off.

As the Manager, Credit you will contribute to the overall success of the Canadian Commercial Credit Team ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. You will ensure that all activities conducted are in compliance with governing regulations, internal policies and procedures.

You will be responsible for ensuring the efficient and effective maintenance of a designated portfolio of the Bank’s Third-Party contracts and the completion of financial assessment of the portfolio. You will work closely with Third Party Risk Management (“TPRM”) contract owners in the financial assessment of new and existing third-party relationships through a combination of financial analysis and sound credit judgement.

Key Accountabilities

  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Complete financial health assessment by ensuring the portfolio of the Banks’ Third Party Contracts assigned are properly spread in CreditLens, risk ratings appropriately generated and external rating reports are obtained.
  • Ensure sound and timely recommendations are made with respect to the portfolio of assigned contracts and new contracts.
  • Actively collaborate with contract owners to ensure that the required information is obtained to complete a Financial Health Assessment.
  • Manage an assigned portfolio of contracts and proactively negotiate with contract owners to ensure corrective action are taken when necessary.
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.

What we're looking for?

  • Post-Secondary Education completed, preferably in Business Administration or related
  • Fully Bilingual in English and Spanish
  • Proven credit judgement, negotiation and problem resolution skills
  • Experience in complex financial analysis is required
  • Organizational skills and the ability to prioritize work effectively and efficiently
  • Ability to make decisions and clearly communicate rationale for decisions
  • Specific functional or product knowledge
  • Ability to work in a fast-paced environment

This position is located in Toronto. This position is a 6 month contract

Location(s): Canada : Ontario : Toronto

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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