Job Description

Requisition ID: 184418

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Analyst, Lending Servinces - Corporate Credit (GWO) - Toronto, ON

Global Banking and Markets:

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank\'s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

Purpose:

• The incumbent contributes to the overall success of the Loan operations team located in Toronto, by
• managing a portfolio of medium to complex corporate loans and letters of credit where the Bank is the lead
• Agent Bank for a group of syndicate lenders or when the bank is providing a direct or bilateral financing for the
• customer. The incumbent is responsible for the accuracy and integrity of data, accounting reconciliation and
• record keeping aspects of the loans assigned to them ensuring specific individual goals, plans, and initiatives
• are executed / delivered in support of the team\'s business strategies and objectives. Ensures all activities
• conducted are in compliance with governing regulations, internal policies and procedures.

What You\'ll Do :

• Supports business units in the Americas
• Develop a solid working knowledge LoanIQ and other platforms as used by team.
• Assists the management team in various tasks such as resolution of exception items as well as project related work/assignment.
• Ensure accuracy of work and apply due diligence as directed.
• Administers instructions by Agents on participations and customers on direct and agented deals including verification of limit availability, accuracy of calculations and disbursement/application of funds.
• Ensures that terms and conditions of authorizations and/or loan documentation are being adhered to including pricing, term and amount.
• Recognizes and ensures that all exceptions to policies and procedures are brought to the attention of management for resolution when required. .
• Understand how the Bank\'s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.

What You\'ll Bring :

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Champions a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.
• Finance or business-related studies or equivalent.
• Hands on experience with servicing corporate loans preferable.
• Solid working knowledge with MS Suite - Excel, Word, Power Point etc.,
• Excellent organizational and communication skills (written and verbal)
• Attention to detail and problem solving

Work Arrangement:

This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business.

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!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That\'s why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What\'s in it for you?

Scotiabank wants you to be able 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(s): Canada : Ontario : Toronto

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 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. If you require technical assistance, please . 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.

Scotiabank