Director, Portfolio Management

Requisition ID: 231689

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

The Director of Corporate Portfolio Management will lead and oversee the Portfolio Management unit for business banking credit within the Corporate segment ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.

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

• Lead the development, modernization and maintenance of portfolio management processes, tools, and methodologies.
• Improve existing reports and queries, setting standards for effective information presentation with a risk analysis perspective.
• Liaise with different user groups to support the construction of specific queries and reports.
• Collaborate with analytics teams to develop and maintain dashboards for transparency on key compliance metrics.
• Contribute to portfolio analysis for decision-making, considering risk management, portfolio management, and regulatory policies.
• Monitor and report on portfolio performance across Corporate Business Banking, providing insights and recommendations to senior leadership.
• Craft messaging related to the business implications of key risk topics, including provisions for credit losses, asset growth, RWA, rating migrations, economic cycles, geopolitics, and industry trends is an asset.
• Ensure alignment in the monitoring process and controls by collaborating with Banking partners.
• Mitigate risks associated with the portfolio, ensuring timely and effective resolution of issues.
• Ensure compliance with Scotiabank's internal regulations and guidelines.
• Champion areas requiring attention and influence resourcing and budget which may be needed from time to time.
• Work with Banking and GRM to identify areas of training needs for various credit processes.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates an environment in which their team pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and, managing succession and development planning for the team.
  
  

Skills

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

• Postgraduate education in business or related with emphasis in finance, accounting, or business; or commensurate work experience. M.B.A., M.F.E., CA, CMA, CFA, FRM, CGA or equivalent designation are an asset.
• Excellent knowledge of Corporate Banking processes, products and services, including a working knowledge of the systems, routines and operating procedures.
• Superior credit skills and sound judgment as demonstrated through his/her previous track record and experience.
• Demonstrated ability to generate and implement strategies, roadmaps and business cases, managing multiple stakeholders in a fast-paced, changing environment.
• Superior risk assessment and analytical skills.
• Superior accounting and financial analysis skills.
• Strong coaching skills.
• Good understanding of commercial management systems.
• Strong interpersonal and communication skills.
  
  

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!
• An inclusive working environment that encourages creativity, curiosity, and celebrates success!
• A rewarding career path with diverse opportunities for professional development
• Internal training to support your growth and enhance your skills
• 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.