manager, credit union

Scotiabank; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading Canadian financial institution is seeking a Manager of Wealth Credit Structuring to handle customized commercial credit underwriting. The role involves completing credit structuring activities, performing thorough due diligence, and collaborating with Private Bankers to ensure sound recommendations and practices. Candidates should have a strong background in credit structuring and excellent analytical skills. This is a permanent, full-time position located on-site in Toronto, Ontario.

Qualifications

• Experience in commercial credit underwriting and structuring.
• Ability to analyze and present credit proposals effectively.
• Familiarity with banking regulations and compliance practices.

Responsibilities

• Complete credit structuring activities in assigned territories.
• Perform due diligence and identify critical risks.
• Communicate effectively with Private Bankers regarding decisions.

Skills

Credit Structuring

Risk Assessment

Client Relationship Management

Problem Solving

Analytical Skills

Job description

Job Title

Manager, Wealth Credit Structuring

Company

Scotiabank

Posting Date

December 20, 2025

Job Purpose

The Manager, Wealth Credit Structuring focuses on customized commercial credit underwriting—new applications and annual reviews—contributing to the quality and profitable growth of the Private Banking customized/commercial credit portfolio.

Responsibilities

• Complete all Private Banking customized/commercial credit structuring activities in the assigned territory/centres, ensuring timely analysis, structuring, and presentation of credit proposals.
• Perform due diligence to identify critical personal/business elements, fundamental risks, and verify material facts.
• Provide prompt and sound recommendations in the analysis and presentation of credit proposals.
• Recommend loan pricing and credit‑related fees that balance risk, profit, administration, and competitiveness.
• Recommend terms, conditions and covenants to produce a viable banking proposal within sound credit lending practices.
• Restructure marginal proposals into bankable deals where possible.
• Communicate effectively with (Sr.) Private Bankers to convey decision rationale and support client interactions.
• Offer guidance and counsel to (Sr.) Private Bankers to enhance client service.
• Participate in meetings with customers, proactively identifying credit and other issues.
• Accompany (Sr.) Private Banker(s) to client meetings, building relationships and gathering information to assess credit needs.
• Identify lending and cross‑sell opportunities during credit application or annual review processes and refer them to the Private Banker and Regional Director Wealth Credit Structuring.
• Evaluate all information received, report deficiencies or negative findings to senior management, and advise on emerging credit weaknesses.
• Conduct annual reviews of commercial loans and services accurately and timely.
• Ensure retail and commercial collateral is properly completed, executed, and lodged per bank policies, including IG code reassessment and relationship exit when appropriate.
• Recognize problem accounts early and take appropriate actions to protect the bank's interests.
• Assist client restructuring, including obtaining additional security or realizing collateral.
• Adhere to regulatory and internal bank policies, including compliance, reputational and suitability risk.
• Maintain the bank’s Anti‑Money Laundering program, Know Your Customer requirements, and Business Conduct guidelines, reporting unusual or fraudulent activity per procedures.
• Accurately communicate and implement credit authorization terms and conditions, reviewing all written authorizations.

Job Details

• Location: Toronto, ON
• Work Location: On site
• Salary: $35.90 to $86.54 per hour (hourly)
• Terms of Employment: Permanent, Full time
• Start Date: As soon as possible
• Vacancies: 1
• Source: CareerBeacon #2191649

Advertised Until

2026‑01‑18