Lending Analyst Automotive Finance

Scotiabank; Burnaby; On-site; CAD 65,000 - 90,000; Full time

Job summary

Scotiabank is seeking a Lending Analyst for Automotive Finance in Canada, focusing on credit analysis, lending decisions, and loan portfolio support. The role emphasizes adherence to regulations and efficient credit adjudication processes.

The position involves analyzing dealer credit applications, coordinating with the Dealer Finance Services team, and driving customer-focused outcomes while ensuring risk controls and regulatory compliance are maintained.

Qualifications

• Direct experience in lending is considered an asset.
• Proficiency in Microsoft Word and Excel, plus credit adjudication and loan application management software.

Responsibilities

• Foster a customer-focused culture to deepen client relationships.
• Analyze dealer credit applications to assess financial capacity.
• Perform credit analysis and structuring in the adjudication system.
• Assess risk and provide recommendations on appropriate credit actions.
• Support pricing, rates, and fees analysis.
• Review loan modifications and rate reduction requests.
• Ensure proper review, documentation, and verification of applications.
• Promote regulatory compliance and risk awareness.

Skills

Lending experience

Credit adjudication

Loan application management software

Microsoft Word

Microsoft Excel

Tools

Credit adjudication software

Loan application management software

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: Lending Analyst Automotive Finance

Requisition ID: 272510

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

Contribute to the overall success of Scotiabank’s Dealer Finance Services team in Canada by ensuring that individual goals, initiatives, and plans are executed in support of the team’s business strategies and objectives. Ensure that all activities are conducted in compliance with applicable regulations, as well as internal policies and procedures.

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

• Foster a customer-focused culture to deepen client relationships and leverage the broader Bank’s relationships, knowledge, and systems.
• Contribute to the growth and profitability of the lending portfolio by:
• Analyzing credit applications submitted by dealers to assess a customer's financial capacity based on credit history, employment, and income, in accordance with established guidelines.
• Performing various credit analysis and structuring activities using the business unit’s credit adjudication system.
• Assessing risk and making recommendations regarding the appropriate course of action for customer credit applications.
• Conducting the necessary analysis to support recommended pricing, rates, and fees.
• Reviewing and processing loan modification and rate reduction requests received from dealers and providing recommendations accordingly.
• Exercise effective and timely due diligence in loan adjudication by:
• Ensuring that credit applications submitted by dealers are properly reviewed, assessed, and documented.
• Following up on missing information and documentation, and managing credit and income verification processes for assigned loan applications.
• Escalating special cases to the Manager, Credit, to ensure timely and fair resolution through the appropriate channels.
• Understand how the Bank’s risk appetite and risk culture apply to day-to-day activities and decision-making.
• Actively seek operational efficiencies within the department while ensuring the adequacy, effectiveness, and compliance of day-to-day regulatory controls to meet obligations related to operational risk, regulatory compliance risk, anti-money laundering (AML), anti-terrorist financing (ATF), and conduct risk. This includes adhering to Scotiabank’s Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, Global AML/ATF Handbook, and Code of Conduct.
• Promote a high-performance environment and implement talent strategies that attract, retain, develop, and motivate team members through an inclusive workplace. Communicate the Bank’s vision, values, and business strategy, while supporting succession planning and employee development initiatives.

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

• Direct experience in lending, whether specialized or non-specialized, is considered an asset.
• Proficiency in Microsoft Word and Excel, as well as credit adjudication and loan application management software.

Location(s): Canada : British Columbia : Burnaby || Canada : British Columbia : Surrey || Canada : British Columbia : Vancouver || Canada : Ontario : Hamilton || 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. 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. 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.