Leveraged Finance Loan Operations (GWO Corporate Credit, Lending Services)

Scotiabank; Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

Scotiabank in Toronto, Ontario, is seeking an experienced Leveraged Finance Loan Operations professional to support the ongoing growth of the bank's leveraged finance platform, with emphasis on Term Loan B facilities and agency servicing.

You will work with Front Office, Credit Risk, Legal, Treasury, Technology, Compliance, and Operations to build scalable operating models, oversee loan closings and amendments, and drive governance and process improvements across North America.

Responsibilities

• Lead and/or coordinate operational activities for leveraged loans, syndicated credit facilities, revolving facilities, term loans, and other corporate lending products.
• Develop and/or support execution of the operational strategy to support expansion and growth of the Leveraged Finance platform.
• Serve as a key operations partner to Leveraged Finance Origination, Syndications, Capital Markets, and Credit teams.
• Build scalable operating models, procedures, and technology solutions to handle increasing volumes and complexity.
• Represent Loan Operations on governance committees, strategic initiatives, and regulatory examinations.
• Oversee agency servicing activities for leveraged finance facilities where the bank acts as Administrative Agent.
• Ensure accurate borrower notices, lender communications, interest calculations, fee processing, rate resets, amendments, waivers, and voting processes.
• Develop and oversee governance standards for agency systems and platforms, including SyndTrak and related tools.
• Manage user access, document approvals, sourcing, validation, and audit trails.
• Design scalable operating procedures and SLAs in coordination with GWO CLS Management.
• Maintain strong relationships with borrowers, sponsors, legal counsel, lenders, and external service providers.
• Establish procedures to support growing agency mandates and market-facing responsibilities.
• Ensure compliance with credit agreements, market standards, and internal policies.
• Drive continuous improvement initiatives focused on automation, risk reduction, and operating efficiency.
• Partner with Technology to evaluate future-state workflow and digital solutions.
• Lead and/or coordinate teams responsible for the closing and settlement of primary loan transactions where BNS is Agent.
• Adhere to all LSTA guidelines and related regulatory requirements.

Job description

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Title: Leveraged Finance Loan Operations (GWO Corporate Credit, Lending Services)

Requisition ID: 270325
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Role

Scotiabank is seeking an experienced leveraged finance, syndicated loan, agency services, or loan operations professional to support the ongoing growth of the Bank's Leveraged Finance platform.

This role requires direct experience supporting broadly syndicated Term Loan B (TLB) facilities, including experience supporting transactions where the institution acted both as a participant and as an Administrative Agent.

Level and title will be determined based on the successful candidate's experience, leadership capability, and depth of relevant product and operational knowledge.

This role will support leadership and execution across key aspects of the leveraged finance and syndicated lending operating model, including loan closings, amendments, agency servicing, loan trade settlements, deal administration, operational controls, process improvement, and platform governance.

Working closely with Front Office, Credit Risk, Legal, Treasury, Technology, Compliance, and Operations partners, the successful candidate will help support and enhance scalable operating capabilities across North America.

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

1. Strategic Leadership & Business Support

• Lead and/or support operational activities associated with leveraged loans, syndicated credit facilities, revolving facilities, term loans, and other corporate lending products. Scope of responsibility will be aligned with the successful candidate's experience and role level.
• Develop and/or support execution of the operational strategy required to support the expansion and growth of the Leveraged Finance platform.
• Serve as a key operations partner to Leveraged Finance Origination, Syndications, Capital Markets, and Credit teams.
• Build scalable operating models, procedures, and technology solutions to support increasing transaction volumes and product complexity.
• Represent Loan Operations, as appropriate, on governance committees, strategic initiatives, and regulatory examinations.
• Lead or support oversight of agency servicing activities for leveraged finance facilities where the bank serves as Administrative Agent.
• Ensure accurate management of borrower notices, lender communications, interest calculations, fee processing, rate resets, amendments, waivers, and voting processes.
• Develop and oversee governance standards for agency systems and platforms, including SyndTrak and related lender communication tools.
• User access management
• Document approvals
• Document sourcing and validation
• Audit trails and record retention
• Design scalable operating procedures and service-level expectations in coordination with GWO CLS Management.
• Maintain strong relationships with borrowers, sponsors, legal counsel, lenders, and external service providers.
• Establish operating procedures to support growing agency mandates and market-facing responsibilities.
• Ensure compliance with credit agreements, market standards, and internal policies.
• Drive continuous improvement initiatives focused on automation, risk reduction, and operating efficiency.
• Partner with Technology to evaluate future-state workflow and digital solutions.

3. Loan Closing & Transaction Management

• Lead and/or coordinate teams responsible for the closing and settlement of primary loan transactions where BNS is Agent.
• Adhere to all LSTA