Title:  Senior Manager Collections Strategies

Requisition ID: 261821 

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

Working within GRM, you will lead a team responsible for producing data driven analyses resulting in actionable insights that improve the Bank’s loan losses & profitability.

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

 Leverage your strong analytical background in order to collaborate with various business partners to:

• Lead a team responsible for developing statistical segmentations to predict customer payment behavior
• Lead the development, implementation, and monitoring of collection strategies to mitigate credit losses
• Deliver on analytical projects that provide actionable insights to improve collection efforts and recoveries
• Recommend improvements to existing processes. Introduce changes under a test/control framework to help drive objective, evidence based decisions that improve profitability
• Design and implement policies to help our customers in need of loan modification programs
• Recommend improvements to outsourcing strategies
• Provide oversight of collection efforts by developing performance reports and early warning triggers
• Ensure all credit risks associated with collections are understood and quantified with effective management reporting, across all components of collections (People, Data, Process, Technology, and Strategy)

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have: 

• Three to five years' experience designing credit risk strategies
• Strong leadership, collaboration, and communication skills
• Strong background in statistical & quantitative analysis
• Experience with statistical software packages such as R or SAS
• Experience manipulating large and complex databases
• Degree in statistics, economics, computer science or business
• Experience with TRIAD or similar collections risk platforms strongly desired
• Experience with using and/or developing credit risk scores and their application in strategies
• Results driven individual with high level of curiosity and ability to dive into details without losing sight of the big picture
• Exceptional organization skills to prioritize, manage, and implement a variety of competing initiatives, on a concurrent or staggered basis
• A University degree in Economics, Finance, Industrial Engineer, Mathematics, Computer science, or Information technology related discipline.

What’s in it for you?

• An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
• Your career matters! You will have access to career development and progression opportunities.

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.