Assistant Manager - Lending Services, Corporate Credit

Scotiabank; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading financial institution in Toronto is seeking a Lending Services Team Lead to oversee loan operations and ensure compliance. The ideal candidate has a bachelor's degree in Finance and proven experience in corporate lending services. This role involves team leadership, risk management, and operational excellence within a supportive workplace culture.

Benefits

Flexible benefit programs

Holistic well-being support

Qualifications

• Bachelor's degree in Finance, Business, or a related field required.
• Proven experience in corporate lending services essential.
• Strong understanding of loan operations and compliance necessary.

Responsibilities

• Support the development of a customer-centric, high-performing team culture.
• Administer loan information for lending transactions.
• Implement strong operational controls to mitigate risk.

Skills

Proven experience in corporate lending services

Strong understanding of loan operations

Excellent communication skills

Advanced proficiency in Microsoft Office Suite

Education

Bachelor’s degree in Finance, Business, or related field

Tools

Loan IQ

Job description

Overview

Requisition ID: 236370

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

Purpose

The Lending Services Team Lead is responsible for supporting the delivery of high-quality administrative services for corporate credit facilities across multiple banking units. This role plays a key part in driving operational excellence, ensuring client satisfaction, and maintaining strong risk and compliance standards. The successful candidate will help lead a high-performance team and contribute to the continuous improvement of loan operations.

Do you have the skills that will enable you to succeed in this role?

We'd love to work with you if you have:

• Bachelor’s degree in Finance, Business, or a related field.
• Proven experience in corporate lending services, including syndicated loans, term loans, revolving credit facilities, working capital loans, and asset-based lending.
• Strong understanding of loan operations, documentation, and compliance.
• Advanced proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
• Excellent communication, problem-solving, and stakeholder management skills.

Responsibilities

• Team Leadership & Performance:
  • Support the development of a customer-centric, high-performing team culture.
  • Assist the manager in overseeing team performance, staffing, and workload management.
  • Provide weekly performance and volume reporting to senior management.
  • Coach and mentor junior and new team members to build team capability and engagement.
• Operational Management:
  • Administer loan information for syndicated and direct lending transactions.
  • Validate financial limits, ensure accurate calculations, and manage fund disbursements.
  • Ensure compliance with loan documentation terms, including pricing, conditions, and limits.
  • Collaborate with internal and external stakeholders to resolve complex operational issues.
• Risk & Compliance:
  • Implement and maintain strong operational controls to mitigate risk.
  • Ensure adherence to Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook, and Organizational Conduct Guidelines.
  • Proactively identify and escalate policy exceptions or control gaps.
• Systems & Technical Expertise:
  • Develop deep expertise in loan servicing platforms (e.g., Loan IQ).
  • Ensure accurate accounting entries and system integrations.
  • Support special projects and address complex operational challenges as needed.

Work Arrangement

• Working Hours for the UK Team: 4:00 AM - 12:00 PM (EST)
• Work may include Canadian, US, or UK statutory holidays

Location

Location(s): Canada : Ontario : Toronto

About Scotiabank

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 flexible benefit programs are designed to help support your family, financial, physical, mental, and social health needs.

Equal Opportunity

Scotiabank is 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, but only those selected for an interview will be contacted.