Operations Assistant Manager (12-Month Contract GWO)

Scotiabank; Toronto; On-site; CAD 85,000 - 105,000; Full time

Benefits offered by this job

Bonus

Flexible vacation

Comprehensive benefits

Job summary

Scotiabank is seeking an Operations Assistant Manager on a 12-month contract in Toronto to lead a loan operations team delivering high-quality admin services for corporate credit facilities. The role includes supervising loan analysts, ensuring timely task completion, and maintaining productivity while aligning with risk and compliance frameworks.

The ideal candidate has a finance/business degree, familiarity with Loan IQ, and strong MS Office skills, plus excellent organizational and

Qualifications

• University degree in Finance or business-related studies or equivalent.
• Loan IQ experience preferred.
• Knowledge and working experience in corporate lending services.
• Solid working knowledge with MS Suite – Excel, Word, Power Point etc.
• Excellent organizational and communication skills

Responsibilities

• Leads and drives a customer-focused culture to deepen client relationships.
• Manages a team administering loan information from customers on syndicated or direct deals.
• Ensures adherence to terms, pricing, and limits of authorizations and loan documents.
• Communicates with internal and external contacts to resolve issues promptly.
• Identifies and escalates policy exceptions for guidance and resolution.
• Builds knowledge of Loan IQ for accurate posting and reporting.
• Oversees team productivity, staffing, and workload; reports to Manager weekly.

Skills

MS Excel

Organizational skills

Communication skills

Leadership

Team coordination

Education

University degree in Finance or business-related studies or equivalent

Tools

Loan IQ

MS Office

Job description

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Title: Operations Assistant Manager (12-Month Contract GWO)

Requisition ID: 276677
Employee Referral Program – Potential Reward:$1,000.00

We are committed to investing in our employees and helping you continue your career at Scotiabank.

Purpose:

The Assistant Manager is responsible for providing, and if directed leading a loan operations team in delivering, quality administrative services to Clients of corporate credit facilities generated by GBM and other BNS units as required wherein the Bank is an agent, or direct lender in a credit facility. The Assistant Manager will be responsible, as directed, for supervising a team of loan Analysts and working with the Manager/ other Assistant Managers to oversee completion of operational duties in a timely manner, maintaining team productivity to target, execute staffing plans, monitor, and oversee operational controls and form part of the working management team.

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

• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• As directed, managing a team that administers loan information given by Customers on syndicated or direct deals including verification of limit available, accuracy of calculations, and disbursement/application of funds.
• Ensuring that terms and conditions of authorizations and/or loan documentation are being adhered to including pricing, term, limits etc.
• Communicating effectively with various contacts including other Banks to resolve issues on a timely basis.
• Recognizing and bringing exceptions to policies and procedures to the attention of Manager/Senior Manager/Director for further guidance and resolution.
• Developing a solid knowledge of loan platform Loan IQ to ensure accuracy of posting accounting entries to source system and business line dissemination.
• Assist Manager, Senior Manager and Director in various team-related tasks, resolution of exception items as well as special project-related work
• Oversee and monitor team productivity, staffing and work volume information and report to Manager/Senior Manager weekly.
• Provide guidance and coaching to immediate team staff.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates an environment in which his/her team 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, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
• Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

• University degree in Finance or business-related studies or equivalent.
• Loan IQ experience preferred
• Knowledge and Working experience in corporate lending services
• Solid working knowledge with MS Suite – Excel, Word, Power Point etc.,
• Excellent organizational and communication skills (written and verbal)

What’s in it for you?

• Opportunity to engage with various GBM business groups on KYC/AML topics and client outreach activities
• Opportunity to enhance knowledge of GBM’s global product offering, business lines and functional processes, as well as gain exposure to the overall bank
• Opportunity to build strong strategic relationships across broad partner and stakeholder groups within GBM globally and across the bank
• Be a key member of a dynamic and engaged team with strong leadership and focused personal and career development support
• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities – for you and our customers.
• A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.

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 our 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. 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.