Share this Job

Senior Manager - Risk Analytics

Date: Jun 13, 2019

Location: New York City, NY, US

Company: Scotiabank

 

 

Requisition ID: 61769

 

Join the Global Community of Scotiabankers to help customers become better off.

 

Purpose:

 

This position will report to the Head of U.S. Risk Analytics and will support the development and implementation of Scotiabank U.S. risk analytic capabilities, in particular US enterprise wide stress testing.  

 

Key Accountability:

 

  • Assists in the development, implementation and refinement of risk analytic capabilities in the U.S., leveraging existing Enterprise capabilities and enhancing them with local capabilities as needed. 
  • Manages, monitors, and creates reports on risk analytic measures such as
    • Risk appetite metrics;
    • The Bank’s U.S. aggregate exposure to approved limits including limit breaches and remediation;
    • Trends in the aggregate exposures by portfolio;
    • Exceptions to approved policies or frameworks; and 
    • Broader business and emerging risks. 
  • Assists in the development of Scotiabank U.S. (SBUS) enterprise stress testing framework in line with U.S regulatory expectations, working closely with Head Office Risk Analytics group to utilize existing Enterprise capabilities and enhancing those with local capabilities as needed.
  • Participates in the design and application of appropriate stress scenarios.
  • Works closely with colleagues in U.S. Finance to develop capital forecasting capabilities for the consolidated SBUS and standalone U.S. legal entities as necessary.
  • Develops appropriate reports and analyses for the Board Risk Committee and other management level risk committees and regulators.
     
  • Coordinates with risk managers throughout U.S. Operations and at the Group level to create holistic U.S. Risk Reporting. 
  • Participates in the design and implementation of risk identification, and other risk assessment programs.  
  • Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. 
  • Creates policies and procedures where applicable.
  • Acts thoughtfully and quickly in situations which involve uncertainty and/or significant risk.  Understands the sense of urgency to accomplish tasks on time.  Demonstrates a strong belief in one’s own ideas and judgement capabilities. Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.  
  • Supports special projects as assigned

 

Experience & Education:

 

  • Requires at least a Bachelor’s degree in a related discipline. Master's degree, recognized professional designation in a specialized area of finance or business, or equivalent, is an asset.
  • 4+ years of progressively higher levels of responsibility in a related discipline
  • Solid working knowledge of enterprise, quant, credit, and operational risk management frameworks and processes.
  • Knowledge of stress testing practices in various disciplines (Market, Credit, Operational, Liquidity, etc.)
  • Strong Excel and PowerPoint Skills
  • Ability to code (i.e. SQL, VBA) a plus.
  • Excellent verbal and written communication and presentation skills
  • Solid working knowledge of current regulatory environment and requirements.
  • Creative problem solving and the ability. See alternatives, take initiative, and assume responsibility for your actions.
  • Commit to continuous learning by gaining knowledge, skills, and experience on an ongoing basis in order to better serve the customer, increase personal satisfaction, and improve the Bank.
  • Highly organized with an ability to work in a fast-paced, multi-stakeholder environment and manage multiple priorities
  • Ability to frequently analyze large sets of data and concisely summarize key points to be used as management information
  • Ability to prioritize tasks
  • Intellectual Curiosity
  • Positive attitude and ability to work collaboratively with others. 

 

Location(s):  United States : New York : New York City

 

As 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.


Job Segment: Analytics, Risk Management, Data Analyst, Bank, Banking, Finance, Management, Data