Director & Head of Credit Risk Quebec

Responsibilities

• Lead and oversee Commercial Credit Risk in Quebec, ensuring business strategies and loan portfolios comply with regulations and internal policies.
• Manage a team of adjudicators, contributing to the profitable growth and quality of the Quebec Commercial Credit portfolio.
• Adjudicate credit requests up to established limits and provide recommendations for larger loans.
• Monitor portfolio performance, including risk rating migration, NAL formations, and annual reviews, initiating corrective actions when necessary.
• Partner with Commercial, Professional, and Private Banking groups to negotiate credit terms and restructure proposals into bankable solutions.
• Foster future leaders by strengthening adjudication capabilities and enhancing core leadership attributes across the team.
• Ensure adherence to operational, compliance, AML/ATF/sanctions, and conduct risk standards.

Requirements

• Minimum of 10 years of experience in financial analysis or credit adjudication.
• Post-Secondary Education in business or a related area (Master's degree preferred).
• Deep understanding of Commercial Banking and credit policies/procedures.
• Expert skills in financial analysis, accounting, risk assessment, and developing creative financing proposals.
• Expert understanding of security documentation, legal ramifications, and remedies.
• Strong leadership skills with experience managing teams of adjudicators and credit officers.
• Bilingual proficiency in English and French (written and oral) is required.
• Ability to make decisions under uncertainty and clearly communicate rationale.

Benefits

• Opportunity to join a forward-thinking and collaborative team.
• Rewarding career path with diverse professional development opportunities.
• Internal training programs to support continuous growth and skill enhancement.
• An inclusive working environment that celebrates success and creativity.

About the Company

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 capital markets.