financial analyst

Title: Credit Analyst, Commercial Banking - Edmonton

Posted on: April 12, 2025 by Scotiabank

Job details

Requisition ID: 219973

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

Purpose: Contributes to the overall success of the Commercial Bank in Canada, ensuring specific individual goals, plans, initiatives are executed/delivered in support of the team's business strategies and objectives while also ensuring all activities are conducted in compliance with governing regulations, internal policies, and procedures.

The Credit Analyst (CA) provides the (Sr) Client Relationship Managers with support needed to service client requirements and new asks. This will include coordinating efforts with internal partners and directly reaching out to clients to address various activities such as collection/processing of financial reporting, satisfaction of funding requirements, onboarding needs, and resolution of escalated client challenges. The role is specific to servicing the Growth Segment and the less complex Core clients in Commercial Banking Distribution.

Accountabilities:

1. Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
2. Working closely with (Sr.) Client Relationship Managers, the Credit Analyst (CA) is responsible for providing the following services to a portfolio of existing and prospective clients:
3. Deal Structuring & Credit Adjudication: Responsible for preparation of Credit Presentations. Assist with diligence and any other requirements necessary to obtain approvals. Ensure client files are complete and appropriately documented in various systems (e.g., SDR, e-tracker, etc.) and work hand in hand with the Sr. Credit Solutions Manager on larger more complex credit structuring deals.
4. Fulfilment & Funding: Coordinating efforts with the client and various internal partners (e.g., RBBO - BSC, EDDU, CRA, GBM) to ensure loan fundings are fulfilled as per customer expectations. Assist with completion of conditions precedent.
5. Portfolio Monitoring: General support as necessary in the annual review process and other credit-related situations needed to maintain portfolio quality. Contact clients for financial reporting and spread Financial Statements, Projections and Borrowing bases, review results, escalate any signs of deterioration, and update appropriate systems.
6. Servicing: Supporting their leadership team and team lead, as required. Working closely with and supporting from time to time the (Sr) CRM and Service Specialist (SS) with servicing, non-credit, and other servicing activities as requested from time to time (i.e., onboarding efforts, escalations etc). Look for opportunities to make suggestions to continually improve processes and client satisfaction metrics. This may include actioning feedback received directly from clients or through client satisfaction vehicles such as the Pulse.
7. Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
8. 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.
9. Champions a high-performance environment and contributes to an inclusive work environment.

Dimensions:

The Credit Analyst (CA) will be responsible for supporting (Sr) Client Relationship Managers in Commercial Banking Distribution and will report into the Team Lead. The clients being serviced are in Canada and generally within the same region although they could have operations across the country as well as in international locations.

• Location: Edmonton, AB
• Workplace information: On site
• Terms of employment: Permanent employment, Full time
• Starts: As soon as possible
• Vacancies: 1 vacancy
• Advertised until: 2025-05-11