Job Description

Requisition ID: 188470

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

Purpose
The Small Business Sr. Manager, Credit Risk is responsible for exercising sound credit judgement, and providing quality underwriting decisions for small business credit requests. The incumbent is to adhere to Bank policy and established exception authorities, while balancing production objectives. This is an individual contributor role, this Sr. Manager, Credit Risk works on deals, no direct reports.

Accountabilities

• Effectively analyze partner credit submissions, with related documentation while operating within the Bank\'s risk appetite and culture in day-to-day activities and decisions.
• Adjudicates and underwrites specialty credit application exceeding $1MM involving complex corporate structures, related party transactions and multiple connected entities.
• Demonstrate awareness of broad industry related risks relevant across the Canadian Economy.
• Provide credit decisions that clearly communicate the terms and conditions of the adjudication.
• Ensure appropriate documentation and rational mitigating risk are on file to support credit decisions.
• Act with a sense of urgency in response to partner requests to meet customer expectations.
• Provide recommendations/alternative solutions, and restructuring credit requests, with coaching/direction to partners as required.
• Effectively work in a fast-paced environment to contribute to achieve established ACE Service Level Agreement.
• Consistently achieving KPI target as established and contributing to \xe2\x80\x9cFirst Time Right\xe2\x80\x9d.
• Contribute to Lean management activities including problem solving sessions, coaching, and huddles.
• Identifying and escalating any identified issues (e.g. Anti-Money Laundering-AML; Privacy; Know Your Customer-KYC; Compliance).
• Working within Scotiabank\'s Values, its Code of Conduct, and the Global Sales Principles.
• Active participation in personal development and learning, while promoting a positive and inclusive work environment.
• Advocate change, mentorship of peers and leads development and initiative tasks.

Experience / Education / Other Information

Bilingual English/French Preferred

• A comprehensive knowledge of the Bank\'s Small Business products/services and lending policies and procedures.
• Intermediate accounting and financial statement analysis.
• Good understanding of risk assessment, credit structures/protections, credit documentation, financial projections, and Equifax/TransUnion credit reports.
• Strong analytical and problem-resolution skills.
• Knowledge of all relevant systems as applicable to the ACE unit, the Bank\'s interactive systems and Microsoft Tools (Excel, Outlook, Word, PowerPoint, OneNote).
• Thorough knowledge of The Bank\'s Regulatory and Compliance requirements as they relate to credit granting, including Privacy, Anti-Money Laundering (AML)/Anti-Terrorist Financing; and Know Your Customer (KYC) requirements.
• Strong team player and skillful in developing harmonious relationships with Unit team members and stakeholders.
• Effective communication (written and verbal) and interpersonal skills are necessary for professional interaction with partners and business lines to ensure a high level of credibility.
• Must be organized and be an effective decision-maker to meet the demands of a high-volume environment.
• Work experience in a credit adjudication-related role is required.
• Post-secondary education required. Degrees in finance/accounting/economics are an asset.

Location(s): Canada : Quebec : Montreal || Canada : Ontario : Mississauga || 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.

Note: All postings in me@Scotiabank will remain live for a minimum of 5 days.

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