Scotiabank

Manager, Portfolio Management Corporate Banking International Banking GBM (English/Spanish)- Toronto

Scotiabank • $100K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, Accounting, Business Administration, or a related field
  • Fluency in English and Spanish is required
  • Experience in portfolio analysis, portfolio management, and financial analysis within the banking or financial services industry; Credit experience preferred
  • IT knowledge for Power BI tool creation
  • Comprehensive understanding of portfolio management, financial statements, and industry trends, including risk metrics and assessment techniques
  • Familiarity with regulatory requirements like AML/ATF regulations
  • Advanced knowledge of Microsoft Office Suite (Word, Excel, PowerPoint)

Responsibilities

  • Proactively review portfolio Reporting Conditions and Covenants Monitoring.
  • Monitor correct usage of C360 by Structuring & Execution teams.
  • Alert stakeholders about potential risks and trends in client portfolios, ensuring proper documentation.
  • Track portfolio quality by reporting on overdrafts and exceptions.
  • Create and share periodic reports on industry trends with relevant teams.
  • Lead quality assurance activities and coordinate with Banking Portfolio Analyst teams.
  • Organize Banking governance meetings to manage risk discussions.

Benefits

  • Flexible benefit programs to support family, financial, physical, mental, and social health needs
Full Job Description
Requisition ID: 274125

Purpose

The incumbent will monitor and manage Portfolios and Countries Compliance with Reporting Conditions, OARS, Bring Forward, Financial Covenants, Deliveries, among other obligations over assigned Borrowers and Clients. The role is responsible for bringing insights by promptly and proactively communicating potential alerts and credit issues to stakeholders, ensuring timely intervention and proactivity. They will ensure that the bank has proper controls and monitoring across teams and portfolio, and identify gaps in said controls and monitoring. Importance of the role as the first line of defense, leading a strong risk culture, and effectively monitoring unusual activity of the assigned portfolio.

What You'll Do:
  • Proactively review portfolio Reporting Conditions, Covenants Monitoring, OARS Status and overall deliveries to ensure proper account coverage by stakeholders.
  • Monitors and supervise correct usage of C360 by Structuring & Execution teams.
  • Monitor client portfolio trends and alert potential risks, exceptions or non-compliance (e.g. ARA, DPD, SOFIA) within Banking on a regional level; communicate outcomes to stakeholders, including but not limited to IB GBM Regional Leaders, GRM as well as oversee escalation processes to respective stakeholders. ensuring proper documentation and follow-up
  • Track and report trends on overdrafts, overruns, and other exceptions, ensuring portfolio quality is maintained within approved limits
  • Create periodic reports on industries, segments, and sub-segments and share trends and insights with wider team and partners, integrating 1) quality assurance findings from peer file reviews, and 2) Client Profitability Models
  • Lead quality assurance activities by conducting periodic reviews of corporate loan processes, and coordinate functions with Banking Portfolio Analyst (PA) teams in the countries for regional alignment and strategies' execution
  • Review correct information on ARA.
  • Identify early signs and trends of credit risk (e.g. delinquency, PCL impacts) and report to RMs/CSMs and Senior Management for timely intervention
  • Leverage the early warning tools to identify trends and insights
  • Report and alert annual reviews, term loan renewals, early warnings, and unusual transaction reports outstanding at the portfolio level
  • Organize and lead designated Banking governance meetings to ensure timely follow-up on alerts and facilitate effective risk management discussions
  • Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct
  • The Banking Portfolio Manager (PM) will be responsible for monitoring, analyzing and supporting all IB Corporate countries, in coordination with the respective Country S&E Team Leaders
  • Develop internal tracking tools (via Power BI or any other tool available) to automate processes and allow for better tracking/monitoring


What You'll Bring:
  • Bachelor's degree in finance, Accounting, Business Administration, or a related field
  • Fluency in English and Spanish is required
  • Work experience in portfolio analysis, portfolio management, and financial analysis within the banking or financial services industry. Experience in Credit is preferable
  • IT knowledge / background for power BI tool creation
  • Data analysis and comprehensive understanding of portfolio management, financial statements and industry trends. Knowledge in risk metrics, risk assessment techniques and Commercial Banking (processes, products and services).
  • Familiarity with regulatory requirements, including AML/ATF regulations and operational risk management frameworks is a plus.
  • Ability to provide analytical insights.
  • Good Interpersonal and team working skills.
  • Advanced knowledge of Microsoft Office Suite (Word, Excel, PowerPoint).
  • Working knowledge of Microsoft Office applications e.g. MS Outlook, MS Teams and technology platforms (e.g. Sales Force, Power BI, Tableau

What's in it for you?

Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs

Interested?

If your experience is closely related but doesn't align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

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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