Job Description

Requisition ID: 181512

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

Job Purpose:
As a valued leader in the Special Accounts Management Banking team, you will be exposed to deal flow that is diverse in terms of industry, structure, geographic area and business risks. The Special Accounts Management portfolio is comprised of underperforming Canadian accounts generally risk rated IG65 and lower, that typically require a restructure, refinancing or in limited circumstances the enforcement of security. You will perform in depth review and analysis of Corporate, Commercial and Real Estate Problem loans and provide recommendations to the SVP Credit or Senior Credit Committee. Tasks include, but are not limited to: account monitoring, risk analysis, deal structuring, pricing, negotiation with stakeholders, preparation of credit presentations and presentation at senior credit committee. The incumbent will interface with clients directly, and where appropriate in partnership with the Director, Vice President and SVP.

Key Accountabilities:
Reporting to the Director, you will manage a portfolio of assigned accounts, including responsibility for:

• Day-to-Day management, preparation and presentation of credit presentations and client negotiations, to mitigate the risk of losses to the Bank.
• Manage the agency function for accounts where the Bank is the Agent for a syndicate of banks.
• Ensure annual reviews and QSRs are completed when due.
• Maintain day to day contact with customers.
• Maintain relationships with financial and legal advisors, whose services may be engaged during the management of certain accounts.
• Provide recommendations to senior executives and present / participate in discussions in Corporate and Commercial Senior Credit Committees as required.
• Develop a high degree of industry knowledge / expertise and ensure the ongoing quality of the portfolio through review of industry publications and the assessment of financial reporting packages.
• Prepare and process provision recommendations.
• Partner with the Director and Vice President in the development of people through training and mentoring.
• Take responsibility for the planning and presentation of training sessions for GRM/Banking staff as it relates to problem loans

Functional Competencies:

• Comprehensive knowledge and understanding of Corporate and/or Commercial banking.
• Superior skills in financial analysis and risk assessment.
• Awareness of differences in the tax, legal and accounting rules of the various jurisdictions.
• Strong understanding of a wide variety of industries and markets which require specialized knowledge.
• General computer knowledge to effectively use various computer software applications.
• Solid knowledge of insolvency and restructuring matters or a willingness to develop this knowledge.
• Proven skills with respect to deal negotiation, deal structuring, due diligence and loan documentation.
• Excellent writing and presentation skills.
• Strong time management, planning and organizing skills to manage multiple priorities in a dynamic work environment.
• Excellent interpersonal, relationship building and communication skills.
• Flexible working hours.
• Ability to travel.

Experience/Education:
Professional designation (CPA, CFA) or MBA, with a minimum of 5+ years Corporate and/or Commercial Banking experience preferred.

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