About this role
Requisition ID: 276817
Employee Referral Program – Potential Reward: $2,000.00
We are committed to investing in our employees and helping you continue your career at Scotiabank.
The Role
The incumbent leads and oversees a team in Corporate Credit Lending Services that effectively and accurately sets up deals, facilities, and loans to clients in Canada, US, Latam, and Europe. The incumbent will manage a flow of new deals, amendments, and credit events of medium to complex corporate loans and letter of credit where the Bank is the administrative agent and/or a participant in the deal or when the bank is providing a direct or bilateral financing for a client. The incumbent is responsible for the accuracy and integrity of data, accounting reconciliation and record keeping aspects of the portfolio of loans assigned. The incumbent ensures specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives.
Is this role right for you? In this role, you will:
- Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
- Leads lending operations team in ensuring the timely execution of the Bank’s Corporate borrower’s requests and effective administration of their credit facilities under various deal structures, where The Bank is the Agent Bank, participant lender or direct lender.
- Manages a team and oversees quality execution of all administrative duties in a timely manner, maintaining team productivity to target, execute staffing plans, monitor and oversee operational controls.
- Responsible for ensuring all time sensitive and critical work is completed by the team or escalated for proper resolution.
- Works with other groups to collaborate on process improvements and disseminate same to his/her group, promote sharing ideas and best practices across the team and provide development and coaching.
- Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Creates an environment in which his/her team 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.
- Builds 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.
Dimensions
- Number of employees: Approximately 5-8
- Supports business units primarily in Canada, US, Latam and Europe
- Business Lines Supported: GBM, GTB, GBM LATAM, MCM, LevFin, CLO, CREF
- Products administered: Deals, credit facilities for Corporate borrowers in various deal structures: Bilateral, Syndication as a Lead bank and Participant Lender
Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:
- University Undergraduate degree in Finance or business-related studies or equivalent preferred.
- Knowledge and skills with corporate loan product, credit life cycle
- experience with LoanIQ is an asset
- Advance computer skills, particularly MS Office Suite - Excel, Access, Word, and Power Point etc.
- Strong organizational and communication skills a must.
- Strong collaborating, leadership and team-building skills.
- Analytical and detail-oriented.
- Self-Motivated problem solvers.
Working Conditions
- Work in a standard office-based environment; non-standard hours are a common occurrence.
What’s in it for you?
- Opportunity to engage with various GBM business groups on KYC/AML topics and client outreach activities
- Opportunity to enhance knowledge of GBM’s global product offering, business lines and functional processes, as well as gain exposure to the overall bank
- Opportunity to build strong strategic relationships across broad partner and stakeholder groups within GBM globally and across the bank
- Be a key member of a dynamic and engaged team with strong leadership and focused personal and career development support
- A rewarding career path with diverse opportunities for professional development
- An organization committed to making a difference in our communities – for you and our customers.
- A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
- Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
- Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
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 click here . 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.
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