Scotiabank

Manager Credit Risk Provisions and Analytics

Scotiabank$90K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • University degree in business (finance, accounting) and quantitative fields (data science, analytics, mathematics, statistics)
  • Minimum of 3 years of experience in Credit Risk and financial reporting
  • Proficiency in SAS, SQL, Python, and VBA for data manipulation and analysis
  • Knowledge of IFRS 9 and current industry trends or regulatory requirements
  • Experience with financial note disclosures and familiarity with the Bank's General Ledger
  • Advanced skills in Excel, PowerPoint, and Power BI including dashboard and data visualization development
  • Strong communication, organizational, and time management skills

Responsibilities

  • Consolidate, validate, and analyze Global Credit Provisions metrics for reporting
  • Support ACL and Provision for Credit Losses forecasting through modeling and data extraction
  • Prepare and validate ACL and PCL data for quarterly financial disclosure
  • Identify and implement process improvements using AI and automation
  • Develop and maintain dashboards for real-time insights into ACL and PCL trends
  • Stay updated on provision methodologies and IFRS 9 accounting standards

Benefits

  • Inclusive and collaborative work environment that promotes creativity
  • Competitive rewards package including performance bonus and pension matching
  • Health benefits from day one
  • Opportunities for career development and progression
Full Job Description
Requisition ID: 268040

As a member of the Global Credit Provisions Reporting & Planning team, contributes to the overall success of the Global Credit Provisions team who are accountable for establishing prudent levels of loan loss allowances (ACL) for the Global portfolios.

The incumbent will be responsible for the aggregation of Global Credit ACL and Provision for Credit Losses (PCL) within controlled environment to support financial booking and disclosure processes and monthly planning and forecasting exercises.

Is this role right for you? In this role, you will:
  • Consolidate, validate, and analyze Global Credit Provisions metrics for monthly and quarterly reporting, leveraging data analytics and automated controls aligned with the Bank's end user control (EUC) directive.
  • Support ACL and Provision for Credit Losses forecasting and planning processes through data extraction, modelling, variance analysis, scenario assessment, and automation of recurring reporting activities.
  • Support quarterly financial disclosure process by preparing, validating, and analyzing ACL and PCL data, ensuring completeness, accuracy, and alignment with IFRS 9 and internal control requirements.
  • Identify, design, and implement process improvements using AI-enabled tools, automation technologies, and data analytics to streamline reporting, reconciliation, forecasting, controls, and dashboard development.
  • Develop and maintain provisions metrics dashboards and management reporting tools to provide timely insights into ACL, PCL, portfolio trends, key drivers, and control indicators.
  • Keep up-to-date on provision methodology and be knowledgeable of IFRS9 accounting standard.


Do you have the skills that will enable you to succeed? We'd love to work with you if you have:
  • University degree in business (finance, accounting) and quantitative (data science, analytics, mathematics, statistics) field.
  • Experience applying AI-enabled tools, automation technologies, and data analytics to improve processes.
  • A minimum of 3 years progressive experience in Credit Risk and financial reporting
  • Proficiency in SAS, SQL, Python, and VBA, with experience extracting, transforming, validating, and analyzing large datasets to support reporting, forecasting, and automation initiatives.
  • Knowledge of current industry trends, regulatory requirements, and industry best practices
  • Familiar with the Bank's General Ledger and / or has experience with preparing financial note disclosures
  • Advanced proficiency in Excel, PowerPoint, and Power BI, including dashboard development, data visualization, and preparation of senior management presentations.
  • Sound project and time management skills; strong organizational and prioritization skills; effective communication skills, both verbal and written


  • What's in it for you?
  • An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
  • We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
  • Your career matters! You will have access to career development and progression opportunities.


Location(s): Canada : Ontario : Toronto

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.

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
5 Year Trend
+7%
NASDAQ

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