Analyst, Corporate Banking, Credit Analytics Group (CAG) - Toronto, ON

Scotiabank; Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

Join a dynamic team at a leading bank in the Americas, where you will play a crucial role in supporting credit processes and financial analysis. This position offers the opportunity to work closely with various industries, performing in-depth analysis and risk assessments while developing your expertise in investment banking. You will be part of a collaborative environment that values diversity and encourages personal growth. If you're passionate about finance and eager to contribute to a high-performing culture, this role is perfect for you!

Benefits

Flexible benefit programs

Support for holistic well-being

Inclusive work environment

Qualifications

• Bachelor's degree in Commerce or related field preferred.
• Strong financial accounting knowledge and financial statement reading skills.

Responsibilities

• Perform detailed financial statement analysis and credit requests.
• Provide recommendations and support for client solutions.

Skills

Financial Analysis

Risk Assessment

Financial Modelling

Communication Skills

Interpersonal Skills

Industry Research

Multi-tasking

Education

Bachelor of Commerce

Master's or MBA

CPA

Job description

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

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!

Position Highlights
You will assist with the credit process by providing high-quality analysis and account management support by:

• Performing certain fundamental credit analysis functions, for the various industries across Global Corporate Banking and GCM Banking, as assigned;
• Performing annual reviews as well as account monitoring activities, as assigned.

What You'll Do:

• Perform analytics functions including financial statement analysis and risk assessment, with extremely high attention to detail and accuracy, in accordance with guidelines, policies and established procedures;
• Analyze, prepare and process annual reviews or credit requests in accordance with Bank policies and guidelines;
• Develop product knowledge/expertise;
• Develop industry expertise for assigned industries;
• Provide clear, concise rational supporting actions and recommendations for client solutions;
• Complete other CAG tasks in connection with quality control;
• Complete other tasks as assigned, i.e. research, assisting industries in special projects;
• Maintain a consistent professional approach in interactions with key stakeholders;
• Mentor new co-ops and assist with group training.

What You'll Bring:

• Bachelor of Commerce, Masters or MBA or CPA is preferred;
• Financial modelling skills an asset;
• Solid financial accounting knowledge and the ability to read financial statements;
• Knowledge of products and processes for risk assessment and for the execution of transactions;
• Experience with the identification and analysis of key risks of existing or proposed clients and/or transactions;
• Ability to conduct industry/client research, process annual reviews and interim requests;
• Demonstrated skills to multi-task and work under pressure to meet deadlines, while maintaining a high standard of work;
• Strong written and verbal communication skills;
• Team player with good interpersonal skills;
• Proficiency in Spanish or French would be an asset but not essential.

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.

Work Arrangement:
This position is largely an onsite role, with the expectation that you will work 4-5 days a week in the office. Please note that this is subject to change based on the needs of the business.

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 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.