Analyst, Corporate Lending Services - Agency & Bilateral (GWO)

Scotiabank; Toronto; On-site; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Bonus program

Flexible vacation

Personal and sick days

Comprehensive benefits

Job summary

Scotiabank in Toronto seeks a Loan Operations professional to manage a portfolio of medium to complex corporate loans and letters of credit as lead agent or direct financing for customers.

You'll ensure data accuracy, accounting reconciliations, and record-keeping while complying with regulatory and internal policies. Expect collaboration with Trade Finance and a focus on risk management and operational controls.

Qualifications

• Finance or business-related studies or equivalent.
• Hands on experience with servicing corporate loans preferable.
• Solid working knowledge with MS Suite – Excel, Word, Power Point etc.

Responsibilities

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Administers instructions customers on direct and syndicated deals where BNS is lead agent bank including verification of limit availability, accuracy of calculations and disbursement/application of funds for Loans and/or Letters of Credits.
• 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.
• Work with Trade Finance team and other banking partners on an ongoing basis and maintain good relationship with them.
• Actively 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.
• Champions 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.

Skills

Corporate loan servicing

MS Excel

Organizational communication

Attention to detail

Problem solving

Education

Finance or business studies

Tools

MS Word

PowerPoint

Job description

Requisition ID: 275868
Employee Referral Program – Potential Reward:$1,000.00

We are committed to investing in our employees and helping you continue your career at Scotiabank.

The Role

The incumbent 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 incumbent 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. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

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

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Administers instructions customers on direct and syndicated deals where BNS is lead agent bank including verification of limit availability, accuracy of calculations and disbursement/application of funds for Loans and / or Letters of Credits.
• 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.
• Work with Trade Finance team and other banking partners on an ongoing basis and maintain good relationship with them.
• Actively 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.
• Champions 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:

• Supports business units in the Americas
• Develop a solid working knowledge of LoanIQ and other platforms as used by team.
• Assists the management team in various tasks such as resolution of exception items as well as project related work/assignment.
• Ensure accuracy of work and apply due diligence as directed.

Do you have the skills that will enable you succeed in this role? – We’d love to work with you if you have:

• Finance or business-related studies or equivalent.
• 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

Working Conditions

• Work in a standard office-based environment and remote as applicable during pandemic; non-standard hours are a common occurrence. Work may include Canadian or US or UK statutory holidays.

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.