Assistant Manager, Loan Closing - CLS / GWO

Scotiabank; Toronto; Hybrid; CAD 80,000 - 110,000; Full time

Benefits offered by this job

Bonus program

Flexible vacation

Personal days

Comprehensive benefits

Job summary

Scotiabank is seeking an Assistant Manager, Loan Closing to contribute to the Loan Closing team by delivering high-quality operational support and compliance with applicable regulations. The role covers trade capture, onboarding, and client services while supporting the Manager on daily activities and projects.

Ideal candidates will have 3+ years in capital markets or banking, strong communication skills, and proficiency in SQL, VBA, Access and Excel to enhance efficiency and control.

Qualifications

• 3 years post-graduate experience in capital markets, finance and/or banking.
• Solid knowledge/experience in banking/capital markets operations.
• Excellent verbal and written communication skills; able to interact with diverse groups.
• Demonstrated analytical problem solving and process engineering techniques.

Responsibilities

• Trade life cycle support and trade control responsibilities.
• Onboarding clients and providing client services.
• FOBO reconciliation and STP monitoring.
• Assist with documentation, confirmations and audits.
• Support daily operations and risk/compliance controls.

Skills

Analytical thinking

Communication

Self-motivated

Deadline driven

Tools

SQL

VBA

Access

Excel

Job description

Please be advised that our Careers site will be unavailable from November 28 at 12am ET to November 29 12am ET for scheduled system maintenance.

Title: Assistant Manager, Loan Closing - CLS / GWO

Requisition ID: 269810
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Role

To contribute to the overall success of the Loan Closing team of CLS ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensure all activities conducted are in compliance with governing regulations, internal policies and procedures.

The incumbent will be responsible for a broad array of operational duties including, but not limited to, trade life cycle support, trade control or administration, FOBO reconciliation and STP monitoring, client onboarding, and client services.

Assistant Managers are expected to be individual performers, delivery top quality output, and supporting the Manager in daily activities and on any projects. Incumbents may be asked to instruct or guide junior members of the team and support the manager in performance management duties.

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

• Operating independently, identifying and resolving issues with minimal oversight. Capable and comfortable operating within tight deadlines, able to make quick decisions, and able to quickly learn about the business/issues, without necessarily having any prior direct experience with the subject matter.
• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Champions a culture of continuous operational improvement by independently resolving highly complex, multi-faceted problems to meet the business needs across the closing function with a specific focus on creating tangible / measurable operational efficiencies.
• Performing daily operational activities in support of business lines with a focus on trade life cycle management and customer service:
  • Trade Capture & Trade Settlement
  • Limits Monitoring/Breach Management
  • Documentation/Confirmations
  • Operational Control
  • Onboarding & Enablement
  • Assist with Audit request
  • Reporting KRI/KPIs
• 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

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

• 3 years post-graduate experience in industry or academia in the areas of capital markets, finance and banking and/or process improvement, business analysis and solution implementation
• Solid knowledge/experience in banking/capital markets operations
• Excellent verbal and written communication skills and the ability to negotiate, influence and interact professionally with a diverse group of Front Office Users, QAs, Developers, and SMEs
• Demonstrated knowledge of analytical problem solving and process engineering techniques (i.e. process mapping and analysis techniques)
• Strong technical abilities including knowledge of basic software engineering principles and experience in SQL, VBA, Access, Excel and a sound understanding of operational processes
• Result oriented, deadline driven, self-motivated

What’s in it for you?

• 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 || United States : Texas : Dallas

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.

Job Segment: Assistant Manager, Loan, Risk Management, Business Process, Equity, Management, Finance