Senior Analyst, Credit Analysis and Support Team - Anjou

Scotiabank; Montreal; Sur place; CAD 70 000 - 95 000; Plein temps

Résumé du poste

Scotiabank in Anjou, Montreal, is seeking a Senior Analyst for Credit Analysis & Support. You will support credit decisions by spreading financials, analyzing risk, and coordinating annual reviews with Sr. CSMs and CSMs.

Responsibilities include monitoring reporting items, updating systems, and ensuring files and documents are complete while adhering to AML/KYC guidelines and collaborating with multiple teams.

Qualifications

• Proficient in credit analysis and financial statement spreading.
• Ability to assess risk and draw conclusions from data.
• Intermediate accounting and financial statement analysis.
• Strong written and verbal communication skills.
• Knowledge of automotive lending products and related industries.
• Experience with SDL, Task Manager and CreditLens.
• French and English proficiency required.

Responsabilités

• Process and analyze customer reporting items and maintain a monitoring system.
• Update Task Manager and Scotia Dealer Link with reporting data.
• Spread interim financial statements in CreditLens.
• Perform trend analysis to monitor client risk.
• Identify and follow up on overdue reporting items.
• Escalate offside conditions and monitor covenants.
• Assist with annual reviews and credit correspondence.
• Prepare spreads of annual financial statements and projections.
• Contribute to structuring and due diligence on deals.
• Support Sr. CSMs and CSMs in preparation of credits.
• Ensure client files are complete in Scotia Dealer Link and SDR.
• Process fees, pricing changes, and reflect updates in systems.
• Liaise with syndicate banks for due diligence.
• Complete conditions precedent and provide admin support.
• Adhere to AML/KYC guidelines and report unusual activity.

Connaissances

Credit analysis

Financial statement analysis

Risk assessment

Written communication

Verbal communication

Automotive lending knowledge

Lending products knowledge

Excel

CreditLens

Task Manager

SDL

Outils

SDL

Task Manager

CreditLens

Scotia Dealer Link

Description du poste

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Title: Senior Analyst, Credit Analysis and Support Team - Anjou

Requisition ID: 272513
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Senior Analyst, Credit Analysis & Support Team is responsible for contributing to the profitable growth and quality of the Commercial Automotive portfolio by performing credit administration tasks to the highest standard of quality for their assigned portfolio. These tasks include financial spreading and analysis, rating activities, monitoring of required conditions, maintaining complete monitoring systems and other credit/or fulfillment activities. The Senior Analyst will also be responsible for credit tasks, including supporting Sr. CSMs and CSMs in preparation of credits.

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

• Process and Analyze Customer Reporting items (interim and annual) by:Maintaining a complete monitoring system (i.e. "Task Manager") to ensure interim reporting is completed in a timely manner;
• Updating Task Manger and Scotia Dealer Link with necessary information to ensure accuracy of the customer reporting requirements (this includes various data such as annual review date, frequency etc);
• Completing the spreading of interim financial statements in CreditLens in an accurate and timely manner as per authorized frequency requirements
• Performing trend analysis to monitor the health of client accounts and help determine client risk ratings;
• Identifying and actioning customer reporting items that are overdue, and following up with customers for overdue items that are between 0 and 60 days overdue. The objective is to minimize the number of items outstanding beyond 60 days which would otherwise need to be escalated;
• Supporting the offside conditions / material deterioration processes by:
• Escalating offside conditions, covenants and material deterioration
• Updating Task Manager to identify offside reporting conditions and removing flag when authorized
• Support the Annual Review process and preparation of credit correspondence by:
• Analyzing client files in Task Manager to determine annual review and rating refresh reporting items that are due;
• Preparing/completing spreads of annual financial statements, and projections in CreditLens;
• Performing structuring and analytical functions, along with other due diligence activities on deals;
• Assisting with credit tasks to support Sr. CSMs and CSMs in the preparation of credits.
• Ensuring client files are complete and up to date in Scotia Dealer Link and Task Manager, and that all relevant correspondence and authorizations related to the Annual Review process are properly stored in the Shared Document Repository (SDR);
• Ensuring fees, pricing, IG and authorized limited changes are correctly processed/resolved as required and systems (Task Manager and Scotia Dealer Link) updated as required to reflect the information outlined in the Credit Authorization;
• Liaising with syndicate banks in gathering due diligence and information required to complete analysis and answer questions (if Scotiabank is agent).
• Support the completion of conditions precedent and ensure all required steps are completed prior to completion on Task Manager; Providing other administrative support as required for credit/or fulfillment activities.
• Ensuring adherence to the Bank’s Anti-Money Laundering program, Know Your Customer requirements and Guidelines for Business Conduct, by reporting any unusual occurrences or fraudulent activities per established procedures

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

• Sound credit skills (must be able to write up deals, spread financials, assess risk and draw conclusions).
• Intermediate accounting and financial statement analysis.
• Solid problem solving skills and solutions oriented.
• Good written and verbal communication skills.
• Good knowledge of the industry lines the DFC is serving (Automotive floor planning, wholesale leasing and commercial real estate.
• Good knowledge of all commercial lending products
• Ability to use personal computer programs; Word & Excel, and relevant specialized software (examples: SDL, Task Manager, CreditLens).

In addition to French, the successful candidate must also have sufficient knowledge of English, as the work involves interacting and collaborating regularly with groups and individuals based in Toronto, as well as constantly interacting with other people, including clients, who speak English, locally and elsewhere.

Location(s): Canada : Quebec : Anjou || Canada : Quebec : Montreal
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.