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Title:  Manager, Asset Sales and Data Analytics




Requisition ID: 140068

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.


Purpose of Job:


The Manager, Retail & Small Business Collections GRM performs Risk Collections function for Asset Sales in the back end for the Bank by developing valuation models, data analysis, challenge collection practices and support execution and oversight of various initiatives in over 12 markets. The incumbent continually monitors internal and external leading indicators on behalf of the Bank and reengineers processes and practices to improve debt recovery and gain operational efficiencies. 


The incumbent ample experience in:

  1. Valuation models
  2. retail and small business collections and recovery strategies.
  3. asset sales, distressed debt market in the Americas and with adequate knowledge of the regional challenges
  4. Data analytics with a minimum of 3 years of experience working with large datasets using statistical tools SAS/SQL/Tableau/PowerBI


Leveraging from his background in those pillars Is expected to provide specialized advice and counsel, and spearhead implementation of improvement initiatives.


Job Responsibilities:


1. Achieve a proper strategic management of debt collections and recovery functions by:

•    Procure continuous improvement of all components from credit risk perspective, leveraging risk technology and by working within the minimum standards defined in the global collections policy
•    Mitigating risks/loss to the Bank by ensuring adherence to credit risk management policies and operational guidelines
•    Ensuring units are operating within budget(s) and against established compliance/governance guidelines as measured by audits
•    Ensuring service level agreements are contracted and met or exceeded with both internal partners and external vendors
•    Keep updated on distressed asset management strategies.
•    Ensuring future enhancements are properly implemented 
•    Support Senior Manager in reorganizations/projects to create a Collections organization that is aligned with business partner’s strategic focus.


2. Lead initiatives to strengthen the Collections and Recoveries risk and operational effectiveness and efficiency. Continually champion new opportunities which lend themselves to the Bank’s goal of improving productivity, enhancing service and reducing costs by:

•    Promoting the reengineering of processes to improve debt recovery levels, improve productivity and reduce costs
•    Provide guidance to internal stakeholders about convenience and applicability of Asset Sales, attending specifically to the portfolio needs and current capabilities.
•    Streamlining and/or integrating automation and technology

3. Support Asset Sales processes aligned with the broader Bank strategy by:

•    Overseeing the implementation and adherence to the policies for Asset Sales across all markets.
•    Supporting the sale process end-to-end and oversee and coordinate the internal and external stakeholders involved in the same.
•    Coordinate the deployment of resources to initiate, process and close Asset Sales throughout the footprint. 
•    Asset valuations of distressed debt portfolios

4. Data Analytics:

•    This role requires working with large data sets, developing its understanding to produce meaningful information and leverage for valuation, recovery analysis and other trends


Job Requirements:


  • Undergraduate degree or higher required. Degree in statistics, business, economics or finance preferred
  • Strong knowledge in data management and statistical analytics to understand customer behaviour and recover trends
  • Minimum 3 years of experience in the use of SAS programming, SQL, Power BI/Tableau is must, Advanced level in Excel is an added advantage
  • Minimum 3 years of experience in active involvement in executing Asset Sales internationally
  • Bank / Retail and Small Business Lending experience
  • Adequate knowledge of Retail and Small Business Credit products
  • Adequate knowledge of project management disciplines
  • Good understanding of the Bank’s business plans and objectives


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.

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