Scotiabank
Senior Manager, Credit Risk - Corporates - U.S. Risk Management
Scotiabank, New York, New York, us, 10261
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Senior Manager, Credit Risk - Corporates - U.S. Risk Management
role at
Scotiabank
Requisition ID: 237849
Salary Range: 117,400.00 - 224,700.00
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose The incumbent will cover US corporate borrowers, which may include, but is not limited to, the following industry groups: data centers, general corporate/industrial, retail, real estate, hospitality, and gaming. Experience in financing data centers (corporate/cash flow lending, project finance and other development structures) and/or substantial knowledge of the industry, its major participants, technological underpinnings and current trends would be considered assets. Experience in Leveraged Finance and non-investment grade lending, and familiarity with those transaction structures and supporting financial models would also be strongly considered. The role will ensure that specific individual goals, plans, and initiatives are executed and delivered in support of the Bank’s business strategies and objectives; and that all credit activities are conducted in compliance with governing regulations, as well as internal policies and procedures.
What You’ll Do
Manage a portfolio of individual credits across multiple corporate industries including real estate, data centers, retail, hospitality, gaming, and others as needed.
Product coverage is broad and will include loans, loan products, derivatives, commodities, trade finance and other banking products.
Perform in-depth financial and credit risk analysis, review documentation (credit agreements, ISDAs, etc.) provide effective challenge to the 1st line where appropriate, identify risk mitigation opportunities where applicable, and present transactions to senior executives and Senior Credit Committee.
Manage multiple competing priorities, which often require tight deadlines.
Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
Assist in preparing information for and responding to questions from regulatory authorities and audit.
Ensure that all credit adjudications and daily practices adhere to Bank policies and procedures.
Understand and implement the Bank’s risk appetite and risk culture in day-to-day activities and decisions.
Coordinate and work with Head Office Global Risk Management, when necessary, in matters related to the presentation of the global view of credit risk related to the portfolios.
Participate in special projects within U.S. Credit Risk Management related to broader strategic initiatives and the development of portfolio management and reporting capabilities.
Mentor and help develop colleagues at the Manager/Analyst level.
Champion a client focused culture by developing productive relationships and high level of collaboration with Corporate Banking Origination & Underwriting/Execution teams to support Scotiabank’s growth strategy and deepen client and industry knowledge.
Leverage client and industry knowledge to inform and educate daily credit risk management decisions within the Bank’s risk appetite and culture across all day-to-day activities and decisions.
When necessary, work with US Credit Risk Governance and Reporting team to design and develop data quality tools and validation processes.
What You’ll Bring
Minimum 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.
4-7 years of experience in financial and credit risk analysis; experience in/knowledge of data center financing or related infrastructure/project finance experience is an asset;
Understanding of the lending policies, procedures and practices;
Familiarity with credit documentation issues;
Understanding of credit risk, and the structures and protections required for the exercise of credit analysis, including knowledge of corporate lending products and documentation;
Knowledge of financial projections and sensitivities;
Experience or knowledge of internal credit assessments and portfolio strategy discussions.
Strong communication skills, both written and oral;
Proactive decision-maker must have the ability to provide and defend a viewpoint based on knowledge of the client and understanding of Scotiabank’s risk appetite;
Team player, but has the ability to work independently as needed and as priorities change;
Highly organized with an ability to work in a fast-paced, multi-stakeholder environment and manage multiple competing priorities;
Ability to creatively solve problems, motivate others, and implement new solutions.
Interested? If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
What's in it for you? Scotiabank wants you to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Location United States : New York : New York City
Referrals increase your chances of interviewing at Scotiabank by 2x
#J-18808-Ljbffr
Senior Manager, Credit Risk - Corporates - U.S. Risk Management
role at
Scotiabank
Requisition ID: 237849
Salary Range: 117,400.00 - 224,700.00
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose The incumbent will cover US corporate borrowers, which may include, but is not limited to, the following industry groups: data centers, general corporate/industrial, retail, real estate, hospitality, and gaming. Experience in financing data centers (corporate/cash flow lending, project finance and other development structures) and/or substantial knowledge of the industry, its major participants, technological underpinnings and current trends would be considered assets. Experience in Leveraged Finance and non-investment grade lending, and familiarity with those transaction structures and supporting financial models would also be strongly considered. The role will ensure that specific individual goals, plans, and initiatives are executed and delivered in support of the Bank’s business strategies and objectives; and that all credit activities are conducted in compliance with governing regulations, as well as internal policies and procedures.
What You’ll Do
Manage a portfolio of individual credits across multiple corporate industries including real estate, data centers, retail, hospitality, gaming, and others as needed.
Product coverage is broad and will include loans, loan products, derivatives, commodities, trade finance and other banking products.
Perform in-depth financial and credit risk analysis, review documentation (credit agreements, ISDAs, etc.) provide effective challenge to the 1st line where appropriate, identify risk mitigation opportunities where applicable, and present transactions to senior executives and Senior Credit Committee.
Manage multiple competing priorities, which often require tight deadlines.
Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
Assist in preparing information for and responding to questions from regulatory authorities and audit.
Ensure that all credit adjudications and daily practices adhere to Bank policies and procedures.
Understand and implement the Bank’s risk appetite and risk culture in day-to-day activities and decisions.
Coordinate and work with Head Office Global Risk Management, when necessary, in matters related to the presentation of the global view of credit risk related to the portfolios.
Participate in special projects within U.S. Credit Risk Management related to broader strategic initiatives and the development of portfolio management and reporting capabilities.
Mentor and help develop colleagues at the Manager/Analyst level.
Champion a client focused culture by developing productive relationships and high level of collaboration with Corporate Banking Origination & Underwriting/Execution teams to support Scotiabank’s growth strategy and deepen client and industry knowledge.
Leverage client and industry knowledge to inform and educate daily credit risk management decisions within the Bank’s risk appetite and culture across all day-to-day activities and decisions.
When necessary, work with US Credit Risk Governance and Reporting team to design and develop data quality tools and validation processes.
What You’ll Bring
Minimum 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.
4-7 years of experience in financial and credit risk analysis; experience in/knowledge of data center financing or related infrastructure/project finance experience is an asset;
Understanding of the lending policies, procedures and practices;
Familiarity with credit documentation issues;
Understanding of credit risk, and the structures and protections required for the exercise of credit analysis, including knowledge of corporate lending products and documentation;
Knowledge of financial projections and sensitivities;
Experience or knowledge of internal credit assessments and portfolio strategy discussions.
Strong communication skills, both written and oral;
Proactive decision-maker must have the ability to provide and defend a viewpoint based on knowledge of the client and understanding of Scotiabank’s risk appetite;
Team player, but has the ability to work independently as needed and as priorities change;
Highly organized with an ability to work in a fast-paced, multi-stakeholder environment and manage multiple competing priorities;
Ability to creatively solve problems, motivate others, and implement new solutions.
Interested? If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
What's in it for you? Scotiabank wants you to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Location United States : New York : New York City
Referrals increase your chances of interviewing at Scotiabank by 2x
#J-18808-Ljbffr