Scotiabank

Manager, RESL Credit Strategy and Policy Analytics

Scotiabank$90K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 1-3 years of experience in credit lending, risk management, or analytical/strategy roles.
  • Strong foundation in credit principles and logical thinking.
  • Technical skills in programming or database tools like SAS, SQL, Python, R, or Hadoop.
  • Familiarity with decisioning/account management systems such as FICO DM or TRIAD is a plus.
  • Exceptional attention to detail with the ability to manage complex business requirements.
  • Strong communication skills to convey complex concepts effectively.
  • Collaborative mindset with a willingness to partner across teams and grow together.
  • Self-motivated, organized, and able to navigate ambiguity with good judgment.

Responsibilities

  • Develop credit risk origination strategies for RESL products.
  • Create account management strategies specifically for HELOC products.
  • Leverage analytics to derive insights from the portfolio and enhance strategies.
  • Oversee the strategy development lifecycle, from hypothesis to forecasting.
  • Ensure compliance with regulatory and internal risk management guidelines.
  • Translate new strategies and policies into detailed technical requirements.
  • Work with technology partners to ensure accurate implementation of strategies.
  • Monitor ongoing strategy performance and propose enhancements as needed.

Benefits

  • Inclusive and collaborative work environment that promotes creativity and success.
  • Competitive rewards package including performance bonuses and employee share ownership.
  • Health benefits from day one, along with pension plan matching.
  • Access to career development and progression opportunities.
Full Job Description
Requisition ID: 273234

We are seeking a highly analytical and detail-oriented Manager to join our Real Estate Secured Lending (RESL) Credit Strategy & Policy Analytics team within Global Risk Management. In this role, you will design, implement, and monitor credit strategies, and provide analytical support for credit policies aimed at optimizing risk-adjusted returns and supporting Canadian Banking's strategic priorities.

You will leverage data-driven insights, collaborate closely with risk technology and business partners, and play a key role in shaping adjudication strategies, portfolio health, and policy alignment with the Bank's Risk Appetite Framework.

Is this role right for you? In this role, you will:

Strategy Development
  • Develop credit risk origination strategies for RESL products (Mortgage, HELOC), supporting adjudication decisions and credit limit setting.
  • Develop account management strategies for HELOC product.
  • Use data-driven analytics to uncover portfolio insights and identify opportunities for strategy enhancements.
  • Support the full lifecycle of strategy development-from hypothesis generation to champion/challenger testing to forecasting financial impacts.
  • Ensure strategy design adheres to regulatory, governance, and internal risk management requirements.


Credit Strategy Implementation
  • Translate strategy and policy changes into clear, detailed technical requirements.
  • Implement strategies in origination system (FICO DM) and / or account management system (TRIAD)
  • Collaborate with risk technology partners to validate coding accuracy and run statistical testing to ensure expected outcomes.
  • Identify and troubleshoot issues in implementation and recommend effective solutions.
  • Conduct post-implementation validation to confirm strategy performance in production.


Strategy Monitoring
  • Maintain and enhance monitoring frameworks to evaluate strategy performance and alignment with targets.
  • Analyze emerging trends, identify early signs of portfolio stress, and assess potential impacts on provisioning (PCL) as vintages mature.
  • Evaluate strategy effectiveness and propose innovative enhancements to optimize risk/return and competitiveness.


Analytics Support for Credit Policies
  • Perform data-driven analysis to support credit policy development and maintenance.
  • Ensure policies align with risk appetite and comply with OSFI regulatory requirements.


Support Business Line Initiatives & Projects
  • Provide risk input for new product launches, channel changes, acquisition frameworks, and other strategic initiatives.
  • Ensure business strategies remain within Risk Appetite Framework boundaries.
  • Represent Risk in cross-functional working groups and communicate risk insights clearly to stakeholders across operations, product, collections, technology, and governance.


Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

  • 1-3 years of experience in credit lending, risk management, or related analytical/strategy roles.
  • Strong logical thinking and a solid foundation in credit principles.
  • Technical proficiency with programming or database tools such as SAS, SQL, Python, R, or Hadoop.
  • Experience with decisioning or account management systems (e.g., FICO DM, TRIAD, TSYS) is considered an asset.
  • Exceptional attention to detail and the ability to manage and interpret complex business requirements.
  • Clear and concise communication skills, with the ability to translate complex analytical concepts for diverse stakeholders.
  • A collaborative, growth-oriented mindset with a desire to learn, coach, and partner across cross-functional teams.
  • Self-driven, organized, and comfortable with ambiguity, demonstrating strong judgment and problem-solving skills.
  • University degree in a STEM discipline (Science, Technology, Engineering, Mathematics) ORMaster's degree in business, economics, statistics, mathematics, management sciences, or analytics.


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

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
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