Analyst - Corporate Credit, Lending Services (1 Year Contract)

Scotiabank; Toronto; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

Join a leading bank in Toronto as an Analyst responsible for managing corporate loans. This role requires attention to detail, problem-solving skills, and a degree in Finance or Business. Embrace a hybrid working environment while contributing to a high-performing team committed to achieving business strategies.

Benefits

Flexible benefit programs

Support for holistic well-being

Qualifications

• Degree in Finance or Business preferred.
• Experience with servicing corporate loans preferred.
• Solid working knowledge of MS Suite components.

Responsibilities

• Manage a portfolio of corporate loans and letters of credit.
• Ensure accuracy and integrity of data and documentation.
• Address exceptions to policies and ensure compliance.

Skills

Attention to detail

Problem solving

Organizational skills

Communication skills

Education

University or College degree in Finance or Business

Tools

MS Suite

Job description

Requisition ID: 227386

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

Purpose:

The Analyst 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 Analyst 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.

Is this role right for you? In this role, you will:

• 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.

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 or College degree in either Finance or Business preferred
• 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:

• Working Hours for the UK Team: 4:00 AM - 12:00 PM (EST)
• Work may include Canadian or US or UK statutory holidays.
• This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business.

Interested?

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That is 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 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.