Scotiabank

Manager Development and Control, Canadian Retail Credit Risk

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

Qualifications

  • University degree in computer science, engineering, economics, finance, or business
  • 2+ years in retail lending, technology, or risk management
  • Experience with FICO technologies (e.g., Originations Manager, Decision Modeler)
  • Strong skills in databases and analytics tools (e.g., SQL, Tableau)
  • Excellent communication and business writing skills
  • Curiosity to learn and strong time management skills
  • Functional knowledge of retail credit risk lifecycles and scoring

Responsibilities

  • Champion a customer-focused culture to deepen client relationships
  • Drive digital risk automation with modern risk technology
  • Ensure adherence to deployment and testing processes
  • Maintain knowledge of retail lending policies across Canadian products
  • Support the design and execution of lending technology roadmaps
  • Act as a change champion for the retail risk operating model
  • Collaborate with stakeholders to optimize customer journeys

Benefits

  • Opportunities for continuous improvement and professional development
  • A collaborative and inclusive work environment
  • Access to the latest technology and digital tools
  • Engagement with subject matter experts in risk technology
  • Ability to influence policies and governance within a major bank
Full Job Description
Requisition ID: 263602

Digital Risk Engine (DRE) Development and Control Manager will join a centre of excellence team that contributes to the risk management, digital automation, and risk reward optimization of the Canadian Retail Bank by managing and assisting in the technical design, implementation, validation, documentation, and governance of credit risk strategy and policy deployments within Scotiabank's Canadian credit decision platforms. The candidate will be expected to work closely with portfolio risk strategy/policy teams, centre of excellence teams, and functional teams across first line and second line of defence. In addition, the candidate will be expected to drive continuous improvement in technology design, deployment/testing techniques, operating processes, and best practices around technical system usage, in compliance with governing regulations, internal policies and procedures.

Is this role right for you? In this role, you will
  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
  • Drive digital risk automation through integration of modern digital risk technology and client
  • centric policy design
  • Obtain subject matter experts in risk technology design, deployments, testing, validation
  • processes across the retail footprint, especially using FICO DMP suites of software
  • Ensure strict adherence to deployment, testing, documentation, and release management processes, and provide effective challenge to key stakeholders where required
  • Maintain current and in-depth knowledge of retail lending policies and strategies across all Canadian retail products
  • Support the design and execution of retail lending technology and policy roadmap
  • Continuously leverage new toolsets and techniques in day-to-day responsibilities
  • Assist in credit decision platform data inquires and ad-hoc requests using standard database techniques (SQL, noSQL etc.)
  • Act as change champion to transform retail risk operating model in second line of defence by promoting best practices on application of new technologies
  • Work with stakeholders (e.g. Front-end technology teams, IT, business line owners, fraud, retail risk teams, PAE, governance, ACE, RSC etc.) to ensure solutions provide optimum customer journeys and support business line objectives
  • Support the team in accomplishing multiple and occasionally competing priorities
  • 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 their respective areas in accordance with
  • Scotiabank's Values, our ScotiaBond, our Code of Conduct and vendor management policies 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
  • Champions a high-performance environment and contributes to an inclusive work environment


Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
  • A university degree is required (preferably a major with computer science, engineering economics, finance, or business)
  • 2+ years in retail lending, technology, or risk management experience required
  • Experience in FICO based technologies such as Originations Manager, Triad, Decision
  • Modeler, Blaze etc. is a strong asset
  • Strong technical skills in database and analytics, and testing tools such as SAS, SQL, MongoDB, Tableau, Power BI, XML and Postman; experience with non-relational databases and working knowledge of programming languages such as NodeJS, python, Java etc. is a strong asset
  • Excellent communication and business writing skills complemented with solid logical/deductive
  • reasoning, sound judgement and creativity
  • Strong personal time management skills and curiosity to learn, explore, and discover is a must
  • Functional knowledge of retail credit risk lifecycles, credit and behaviour scoring, credit risk model designs and applications
  • Familiarity with project management techniques and agile working framework is an asset


Location(s): Canada : Ontario : Toronto

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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