Requisition ID: 268771 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.  As a Senior Manager, Originations Risk Management you will be leading the development of credit risk strategies, policies, and procedures for new account originations for Unsecured Lending products (Credit Cards, Unsecured Lines of Credit, Overdraft Protection, etc.) to optimize risk-adjusted returns for Canadian Banking within Global Risk Management.  

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

Enhance and implement credit risk strategies and policies by leveraging champion/challenger capabilities and incorporate third-party data including non-traditional data, and procedures for new account originations using analytics, empirical decision models, and competitive analysis. Provide portfolio analytics, monitoring, and reporting: Monitor application credit quality, approval rates, total bank exposure, early delinquency, exceptions, origination trends, and emerging portfolio risks; conduct independent analysis using advanced data querying and manipulation tools; translate findings into actionable insights through effective data storytelling; and produce monthly, quarterly, and ad hoc reporting to support leadership oversight and early-warning risk monitoring. Examine customer relationships across lending and non-lending products to strengthen applicant segmentation and risk differentiation. Demonstrate initiative to automate and simplify adjudication rules, thresholds, and monitoring processes using technical, analytical skills and industry best practices. Participate in Credit Cards and Unsecured Lending initiatives related to front-book growth, new products, channels, or customer journeys and act as a key liaison across Risk, Product, Originations, Fraud, Technology, and Operations teams throughout the credit lifecycle Review and challenge business cases, risk proposals, and requirements documents to ensure alignment with risk appetite and sound credit principles. Act as a change agent by proactively identifying opportunities to enhance origination policies, controls, and processes to improve performance and customer experience. Support investigations and solutioning for OSFI findings and/or Internal Audit items in an appropriate and acceptable timeframe. Liaise with the Fraud Department and Security and Investigations as required. Leverage data from Scotiabank Economics, Risk Analytics, Credit bureau insights, and the Canadian Bankers Association to assess competitor performance, employment trends, and potential headwinds. Influence stakeholders across multiple levels of the organization and vendors, including senior leadership, through clear, data-driven insights and recommendations. Communicate complex analytical concepts in a concise, executive-ready manner. Utilize excellent data storytelling skills to present senior leadership with impactful analysis and advisory.

  Do you have the skills that will enable you to succeed in this role?  

Bachelor’s degree or higher in business, statistics, economics, mathematics, management science, or analytics. Advanced degree or designations (MBA, CFA or FRM) an asset. A minimum of 5 years with a financial institution in the risk/portfolio management field, with rigorous logical thinking and solid understanding of credit principles. Prior experience in unsecured lending (credit cards, lines of credit). Strong hands-on data analytic and logical thinking ability, with a track record of data-driven decision making. Ability to translate data into actionable insights using strong data storytelling skills. Working knowledge of at least one of the data analytics tools, such as SAS, SQL, R, Python and reporting tools such as Tableau, Power BI. At least 5 years of people management experience with strong project management and leadership skills to prioritize, manage and implement a variety of competing initiatives, on a concurrent or staggered basis. Excellent communication and written skills complemented with solid deductive reasoning, sound judgement and data storytelling. Strong executive presence and the ability to adjust communication style based on the audience. Knowledge of credit scoring, risk assessment, portfolio management, and behaviour scoring.

  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 Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our  Recruitment team know. If you require technical assistance, please click here. 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.