Assistant Manager, Supply Chain Finance

Scotiabank; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading Canadian bank seeks an Assistant Manager in Supply Chain Finance, responsible for reviewing transactions, ensuring compliance, and championing customer service. Candidates should have an undergraduate degree in finance or related fields and expertise in Supply Chain Finance products. This role emphasizes a high-performance culture and offers a supportive work environment tailored to employee well-being.

Benefits

Flexible benefit programs for well-being

Qualifications

• Experience in Supply Chain Finance is a significant asset.
• Strong analytical and problem-solving abilities required.
• Demonstrated capacity to manage multiple tasks under tight deadlines.

Responsibilities

• Review and approve Supply Chain Finance transactions.
• Maintain compliance with governing regulations and internal policies.
• Champion a customer-focused culture to deepen client relationships.

Skills

Expert knowledge of Supply Chain Finance products and services

Strong working knowledge of Bank’s AML and Compliance policies

Advanced computer skills

Education

University Undergraduate Degree in Finance or business-related studies or equivalent

Tools

MS Office Suite – Excel, Access, Word, PowerPoint

Job description

Assistant Manager, Supply Chain Finance

Requisition ID: 240078

Purpose

The incumbent is responsible for reviewing and approving Supply Chain Finance transactions to provide a high level of Customer Service and contribute to the overall success of the Supply Chain Finance Services Centre, ensuring specific individual goals, plans, 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.

Responsibilities

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Process transactions within a wide range of complexity, including Payable Finance products, Trade receivable purchase products, Trade Loans or other Trade and Supply Chain Finance Structured Products.
• Review and release transactions prepared by the SCF Analysts, ensuring they fall within authorized limits, and escalates to the SCF Manager if necessary.
• Operate various platforms and systems needed in order to perform daily functions: BESS, Input Facility, CorrRisk, CGI‑T360, Prime Revenue, ACBS, Scotia Connect, etc.
• Exhibit ample understanding of all the facility structures and verify that all transactional documentation is complete, compliant and appropriately authorized.
• Assist with the balancing of the G/L entries and the loans under each facility; prepare regular monthly and ad‑hoc reporting.
• Contribute to setting up and maintaining the Facilities and Transactions Check list, the Shared Drive, Group email, Customer and Facility Folders.
• Respond promptly and effectively to requests from customers, SCF Sales team and escalations to the Manager and Senior Manager to propose workable solutions.
• Understand how the Bank’s risk appetite and risk culture should be considered in day‑to‑day activities and decisions.
• Actively pursue effective and efficient operations of the area, ensuring 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.
• Champion a high performance environment and implement a people strategy that attracts, retains, develops and motivates the team, fostering an inclusive work environment and managing succession and development planning.

Qualifications

• University Undergraduate Degree in Finance or business‑related studies or equivalent.
• Expert knowledge of Supply Chain Finance products and services.
• Strong working knowledge of Bank’s AML and Compliance policies.
• Advanced computer skills, particularly MS Office Suite – Excel, Access, Word, Power Point, etc.

Work Arrangement

• Work in a standard office‑based environment; non‑standard hours are a common occurrence.

Benefits

• Holistic well‑being with many flexible benefit programs designed to support your unique family, financial, physical, mental, and social health needs.

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.

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.

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.