Scotiabank

Senior Manager, RESL Portfolio Management & Analytics

Scotiabank$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • University degree in a relevant STEM discipline or similar (i.e. Economics, Statistics, Business, Data Science, Technology, Engineering, Mathematics, and Risk Management)
  • 5+ years of analytical experience, including statistical analysis
  • 1+ years of experience in Credit Risk Management
  • Proficient in SAS, SQL, Python, Power BI, and/or Tableau for data analysis
  • Strong knowledge of Microsoft Office Suite, especially in using Word, Excel, and PowerPoint
  • Excellent verbal and written communication skills, along with strong prioritization and problem-solving skills
  • Experience presenting to senior audiences

Responsibilities

  • Leverage Business Intelligence tools to provide dynamic reporting on key performance metrics
  • Lead the development of new reports while enhancing reporting workflows
  • Conduct in-depth research to uncover portfolio trends across retail lending portfolios
  • Translate complex data into actionable insights for credit risk decisions
  • Provide strategic analysis to optimize risk-reward ratios within the portfolio
  • Collaborate with strategy and policy teams on key strategic initiatives
  • Identify emerging risks and conduct targeted analysis for intervention

Benefits

  • Opportunity to join a forward-thinking company with a collaborative team
  • Diverse opportunities for professional development
  • Internal development programs to support skill enhancement
  • Competitive compensation and benefits package
  • Commitment to community impact for employees and customers
  • Inclusive working environment that encourages creativity and celebrates success
Full Job Description
Requisition ID: 269247

The Senior Manager, Portfolio Analytics (GRM - RESL) is responsible for monitoring key risk performance indicators for the Real Estate Secured Lending (RESL) portfolio and contributing to the development and enhancement of business intelligence and reporting tools. The role provides actionable, data-driven insights to Risk teams as well as product and business line partners. As a subject matter expert on the RESL portfolio, the incumbent delivers advanced analytics, portfolio monitoring, and risk measurement to assess portfolio health and ensure key risk metrics remain within the established Risk Appetite.

You will leverage deep credit risk expertise and strong analytical capabilities, the incumbent identifies opportunities for sustainable growth within risk appetite, identifying areas (sub-product and client segments) requiring heightened attention through early warning indicators, and formulates actionable recommendations to mitigate emerging and existing risks. The role requires close collaboration with multiple stakeholders and partners across and outside of GRM, providing high-quality analytical insights supported by strong communication, stakeholder engagement, and relationship management skills.

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

  • Leverage a range of Business Intelligence tools (ex. SQL, SAS, Python, PowerBI) to provide dynamic reporting on key performance metrics for stakeholders across GRM and business lines.
  • Lead the development of new reports and continuously seek opportunities to streamline and enhance reporting workflows.
  • Conduct in-depth research and analysis to uncover portfolio, macroeconomic, and market trends across diverse retail lending portfolios.
  • Translate complex data into actionable insights and compelling narratives that support informed credit risk decisions.
  • Proactively provide strategic analysis that will assist in optimizing risk rewards ratios and grow the portfolio within risk appetite.
  • Partner with strategy and policy teams to deliver measurement and reporting on key strategic initiatives, including acquisition quality, the impact of origination strategy changes on portfolio growth, and line optimization efforts.
  • Maintain a forward-looking perspective to proactively identify emerging risks, enabling early intervention through targeted analysis and enhanced monitoring.
  • Foster a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Identify and pursue opportunities to apply advanced analytics, score modeling, and modern Business Intelligence tools to uncover portfolio dynamics, generate insights, and streamline processes.
  • Drive the evolution from descriptive to prescriptive analytics by focusing on key drivers of portfolio risk and profitability, and by developing creative solutions to complex challenges.
  • Continuously expand knowledge of business and product strategies, market trends, competitive practices, and emerging analytical methodologies to deliver impactful, forward-thinking solutions to stakeholders.
  • Provide timely support for investigations and resolution of issues raised by OSFI, ensuring responses meet regulatory expectations and deadlines.
  • Assist in addressing findings from Prefund Reviews and Internal Audits, ensuring appropriate and prompt resolution within agreed timelines.
  • Liaise with the Fraud Department and Security and Investigations as required.
  • Ensure all business line strategic priorities (i.e. life-cycle KPIs, early warning triggers, provisioning, etc.) are consistent with Risk Appetite Framework.
  • Recommend changes to business line strategies to ensure the Bank does not take on more credit risk than planned.


Do you have the skills that will enable you to succeed? We'd love to work with you if you have experience with:

  • University degree in relevant STEM discipline or similar (i.e. Economics, Statistics, Business, Data Science, Technology, Engineering, Mathematics, and Risk Management)
  • 5+ years of analytical experience required including statistical analysis
  • 1+ years of experience in Credit Risk Management
  • Must be proficient in using SAS, SQL, Python, Power BI and/or Tableau for data analysis.
  • Strong knowledge of Microsoft word, Excel, Pivots, PPT, etc.
  • Excellent verbal and written communication skills, prioritizing, planning & problem-solving skills.
  • Experiencing presenting to senior audiences.
  • Project management and leadership skills to prioritize, manage and implement a variety of competing initiatives, on a concurrent or staggered basis
  • Knowledge of Real Estate Secured Lending Product (Mortgage and Home Equity Line of Credit (HELOC) is a strong asset.
  • Experience working in retail credit risk management is preferred
  • Working experience with Enterprise Data Lake (EDL), Google Cloud Platform (GCP) and Hadoop platform would be an asset.


What's in it for you?

  • The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
  • A rewarding career path with diverse opportunities for professional development.
  • Internal development to support your growth and enhance your skills.
  • A competitive compensation and benefits package.
  • An organization committed to making a difference in our communities- for you and our customers.
  • We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!


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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