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Manager, Credit Risk Reporting & Analysis IFRS 9

Scotiabank

This is a Full-time position in Toronto, ON posted August 30, 2017.

6731Join the Global Community of Scotiabankers to help customers become better off.:The Manager is responsible for reporting on credit risk metrics related to IFRS 9 (i.e.

expected credit loss (ECL) and provision for credit loss (PCL)) and supporting the analysis of these metrics for the Non Retail portfolio.  KEY ACCOUNTABILITIES:Credit risk reporting and analyticsProduce regular credit risk reports and analytics including regulatory requests (i.e. OSFI templates), external consultants (i.e. CBA poll) or internal stakeholders.Produce reports in an efficient automated manner using software such as SAS, SQL, VBA and R with other automation techniques.  Continuously find ways to improve reporting process through improved automation and reduction of errors.Produce adhoc reports as required from time to time for different stakeholders.Collaborate with internal stakeholders such as Internal Ratings Management, Enterprise Stress Testing, Information Technology & Systems (IT&S), business lines, and Enterprise Risk Management for methodology improvement to ECL and capital.  Work with IT&S for automation in the IFRS 9 parallel year, production and strategic states. This includes reporting automation, data flow infrastructure and security controls.Help the team in developing the IFRS 9 end-to-end process, data reconciliation, model implementation, control process, governance and reporting.Ensure compliance with relevant internal policies, procedures and regulatory requirements.Assist the internal and external ECL reporting and disclosure.  Credit risk analysisResponsible to perform analysis or support analysis on ad-hoc questions from senior management and business lines.Understand model changes behind PD, LGD and EAD and articulate the impact to the senior management.Data reconciliation between systems whenever a new portfolio is included or a new initiative is taken EDUCATION/WORK EXPERIENCE/ DESIGNATIONS:3-5 years work experience related to financial risk analysis preferred.Knowledge in IFRS 9, credit risk metrics would be an asset.Strong programming skills in SAS, SQL, VBA, Python and R preferred.Strong skills in statistical analysis and ability to understand statistical models requiredMaster’s degree in Math, Finance or other quantitative areas preferred.Completion or progression in the CFA and FRM programs are assets.Strong organizational and analytical skills required.Critical thinking skills and ability to work under tight timelines.Strong verbal and written communication skills and proven problem solving skills required.Strong project management skills and demonstrates accountability.Location(s):  Canada : Ontario : TorontoAs Canada’s International Bank, we are a leader when it comes to inclusion. We are a diverse and global team, speaking more than 100 languages with backgrounds from more than 120 countries. 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. Candidates selected for an interview will be contacted directly.  If you require accommodation during the recruitment and selection process, please let us know. We will work with you to provide as seamless a recruitment experience as possible.