Senior Manager, Originations

  • Company:
    Scotiabank
  • Location:
  • Salary:
    negotiable / month
  • Job type:
    Full-Time
  • Posted:
    4 days ago
  • Category:

 
 
 
Requisition ID: 94440

Join the Global Community of Scotiabankers to help customers become better off.
 
You will contribute to and support the overall goals of Domestic Lending and Small Business, Canada by maximizing product profitability through the implementation and ongoing management of the credit acquisition adjudication module (OMDM), based on policy approved by the Senior Credit Committee. You must have superior interpersonal and technical skills to work closely with senior risk management, credit bureaus, fraud and system development personnel to maintain an extremely efficient, error free adjudication system for branch, small business and all alternative delivery channels of the Canadian Retail Business. You will also be responsible to use software tools to provide support in the development, implementation and management of predictive acquisition models.

What you’ll do in this role?

  • Assist with managing Scotiabank’s adjudication module (OM) and integrate Business adjudication policies into the module.
  • Assist with prioritizing releases, translate new business rules/policy changes from management into system requirements for implementation.
  • Liaise with outside vendors/developers to co-ordinate changes. Co-ordinate, test and verify changes with various groups/users/channels within the bank including the QAT department.
  • Provide documentation and update all changes in a chronology report, which would be readily available for regulator and internal auditors to review, and review (as required) other team members documentation.
  • Design, develop and perform statistical hypothesis testing to validate changes on policy to ensure the outcome of the changes align to senior management’s expectation (and review other team members documentation as required).
  • Provide consultation and support to new initiatives, as well as reviewing new proposals. Must also provide support/counsel to bank staff/ RT management on credit adjudication and/or credit bureau issues.
  • Identify opportunities to improve efficiency and effectiveness of automated adjudication management procedures.
  • Assess internal and external trends; designing and developing new procedures and tools to address trends and optimize adjudication management performance.
  • Identify problems/issues and recommend appropriate methods to correct the problem and improve customer service. Contribute to the integrity and reliability of customer credit information that relates to credit adjudication. Identify opportunities to lower risk exposures for acquisition.
  • Design and develop reports and monitor risk indicators that affect new account acquisitions and overall credit quality. Identify credit risk trends

What we’re looking for?

  • A bachelor’s degree in one of Mathematics/Statistics, Economics, Business Administration or Computer Science with a minimum of five years relevant risk management experience. The candidate will preferably have experience with originations, portfolio maintenance, fraud management and large project launch experience. S uperior analytical skills, and exceptional interpersonal and verbal communication skills
  • You must have a strong understanding of the retail credit business and a solid understanding of:

– Bank’s credit adjudication policy for both retail and small business across all delivery channel
– Various complex internal and external computer systems
– Privacy rules, credit regulations and policies
– Credit bureau data, fraud data
– Databases, query structure, data structure and data extraction
– Financial measures of risk/return
– Multiple retail credit products and associated policies and procedures
– Statistical theories combined with practical applications

This position is located in downtown, Toronto.

 
Location(s):  Canada : Ontario : Toronto 
As Canada’s International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.

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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