Title:  Senior Manager, Provisions Financial Reporting & Planning

Requisition ID: 258173 

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

We are committed to investing in our employees and helping you continue your career at Scotiabank. As a member of the Global Credit Provisions Reporting & Planning team, contributes to the overall success of the Global Credit Provisions team who are accountable for establishing prudent levels of loan loss allowances (ACL) for the Global Credit portfolios.The incumbent will be responsible for the aggregation of Global Credit ACL and Provision for Credit Losses (PCL) within controlled environment to support financial booking and disclosure processes and monthly planning and forecasting exercises.

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

• Support day-to-day maintenance and governance of Global Credit Provisions database
• Design, develop and implement of financial risk management provision reports with end-to end database workflow solutions
• Partner with businesses to implement data strategies, build data flows, and develop conceptual/logical data models
• Consolidate Global Credit Provisions metrics for monthly and quarterly reporting, establishing controls that are aligned with the Bank’s end user control (EUC) directive and in compliance with regulatory requirement
• Prepare Forecast and Planning processes for both ACL and Provision for Credit Losses for Global Credit portfolios
• Review and update of SOX and end to end process documentation, working collaboratively with GRM internal and external stakeholders
• Keep up-to-date on provision methodology and be knowledgeable of IFRS9 accounting standard
• Identify, promote, and lead process improvements

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

• Post graduate degree in a quantitative discipline
• Professional CPA designation or MBA is an asset but not required
• 5+ years experience in Credit Risk and financial reporting for retail or wholesale products
• Excellent knowledge and experience in SAS, SQL, Python and VBA
• Knowledge of current industry trends, regulatory requirements, and industry best practices
• Familiar with the Bank's General Ledger and / or has experience with preparing financial note disclosures
• High level of proficiency in using MS Office suite of applications (Word, Excel, PowerPoint, Power BI)
• Sound project and time management skills; strong organizational and prioritization skills; effective communication skills, both verbal and written

What’s in It for You?

• We have an inclusive and collaborative work environment that values curiosity & ownership, encourages pragmatic creativity (i.e. true innovation), and celebrates success!
• You'll get to work with and learn from an incredibly friendly and diverse group of accomplished leaders
• Access to thousands of online and in person courses so you can brush up on skills, or learn new ones
• Multiple career paths and innumerable progression opportunities. We hire you for your talent and not just for the job. We want to see you succeed not just in your role but in your career as a whole
• A competitive rewards package that includes a base salary, a performance bonus, company matching programs on pension and profit sharing, paid vacation, personal & sick days, medical, vision and dental benefits that start from day one and much more!

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.