Manager, Financial Reporting - Jobs in Toronto, ON

Job Description

Requisition ID: 160738Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.Purpose of Job:The Manager, Financial Reporting, will assist in the analysis, monitoring and reporting of Retail Credit Risk, Small Business & Wealth Management portfolios including monthly, quarterly and annual reporting for Scotiabanks senior management, investors and regulators.Job Responsibilities:

• Assist in the preparation of Global Retail Credit Risk monthly, quarterly and annual portfolio reporting for Bank Executives and external stakeholders:
• Development, analysis and maintenance of key senior management reports including data management, presentation, documentation, quality assurance and operational production effectiveness
• Provide prompt and sound analysis of performance of the Retail, Small Business and Wealth Management portfolios to support management decisions
• Participate in the identification, assessment and monitoring of credit risk trends and communicate adherence to authorized risk tolerance parameters
• Extract, review, and analyze data from Enterprise General Ledger, Enterprise Date Lake & other various sources to address Global Retail Credit Risk ad-hoc reporting needs and projects
• Prepare quarterly regulatory reporting and financial note disclosure:
• Interact with the Canadian & International Retail Risk groups, Finance, Audit and other Bank departments to ensure information provided is accurate and reliable
• Prepare reconciliations and analysis of Retail Risk and financial information to ensure that the data discrepancies are properly known and identified.
• Assist in developing enhancements for reporting and data aggregation by:
• Following and keeping up-to-date with regulatory requirements, End User Computing guidelines, RDARR principles and other data-related requirements
• Improving the reporting methodology, modifying requirements per regulator guidance, identifying streamlining opportunities and redesigning as appropriate
• Provide key support and technical expertise in data management and validations, report automation and trend analysis; Work with technology teams to identify issues and implement solutions.

Job Requirements:

• University degree in business (finance or accounting) or a quantitative field (mathematics or statistics).
• Professional accounting designation (CPA) or MBA is required.
• A minimum of 5 years progressive experience and functional competencies in development, analytics and delivery of senior management reporting including monthly, quarterly reporting; experience in Retail Banking, Retail Credit Risk and financial / quantitative methodologies.
• To be successful in the position, the incumbent must have the following competencies:
• Knowledge of current industry trends, regulatory requirements and industry best practices
• Familiar with the Banks General Ledger and / or has experience with preparing financial note disclosures
• High level of proficiency in using MS Office suite of applications (MS Word, MS Excel, MS Access, MS PowerPoint)
• Ability to analyze raw data; strong ability to understand and write business requirements.
• Sound project and time management skills; strong organizational and prioritization skills; strong communication skills, both verbal and written; a highly proactive attitude, and use of initiative and independent judgment
• Knowledge and experience in Business Intelligence and analytics tools including Smart View, Essbase, SAS, Cognos, Business Objects, SQL Server and VBA would be considered an asset.
• Experience with Big Data, visualization tools (Power BI, Tableau) and open-source programming (SQL, R, Python) are also considered an asset.

Location(s): Canada : Ontario : TorontoScotiabank 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. 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.Quick Apply

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