Senior Manager, Credit Risk, Corporate US Risk Management

Position Senior Manager, Credit Risk – Corporates – U.S. Risk Management Purpose The incumbent will cover the US Power and Utilities portfolio. Prior experience in the Power industry (project finance, leveraged lending, renewable energy) and/or substantial knowledge of the industry will be considered an asset. 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. Accountabilities Manage a portfolio of individual credits across the US Power and Utilities portfolio, covering 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, and present transactions to senior executives and the Senior Credit Committee. Ensure acceptable quality in the assigned credit portfolio by continuously monitoring quality, recommending actions to minimize losses, and administering the portfolio in a manner consistent with the Bank’s risk appetite. Manage multiple competing priorities that 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. 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 in matters related to the global view of credit risk. Participate in special projects within U.S. Credit Risk Management related to broader strategic initiatives and portfolio management and reporting capabilities. Mentor and help develop colleagues at the Manager/Analyst level. Leverage client and industry knowledge to inform and educate daily credit risk management decisions. Work with U.S. Credit Risk Governance and Reporting team to design and develop data quality tools and validation processes. Reporting Relationships Primary Manager: Director, U.S. Credit Risk Dimensions Strong communication skills, both written and oral. Proactive decision‑maker who can provide and defend a viewpoint based on client knowledge and understanding of Scotiabank’s risk appetite. Team player capable of working independently as priorities change. Highly organized and able to manage multiple competing priorities in a fast‑paced, multi‑stakeholder environment. Creative problem‑solver who motivates others and implements new solutions. Education / Experience / Other Information Minimum a Bachelor’s degree in a related discipline. A 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 or knowledge of Power and Utilities is an asset. Understanding of lending policies, procedures and practices. Familiarity with credit documentation issues. Understanding of credit risk and the structures and protections required for 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. Working Conditions Fast‑paced, quickly changing environment. Standard office‑based environment. Extended hours as needed to meet transaction deadlines. Benefits The role offers flexible benefit programs designed to support physical, mental, social, and financial well‑being. Comprehensive health, retirement, and wellness benefits are included. Location: United States, Texas, Houston Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law. #J-18808-Ljbffr Scotiabank