Senior Credit Solutions Associate, Commercial Banking - Edmonton/Calgary/Saskatoon or Winnipeg

Scotiabank; Winnipeg; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A leading financial institution is seeking a Senior Credit Solutions Associate to support Senior Credit Solutions Managers by analyzing credit applications and portfolios. Candidates should have strong analytical skills and experience in commercial banking. This role offers the chance to work in a collaborative environment and contribute to client satisfaction with tailored credit solutions.

Benefits

Inclusive work environment

Client service opportunities

Qualifications

• One to two years’ experience in Commercial Banking.
• Proven experience in preparing Financial Statement spreading and credit summaries.
• Strong knowledge of financial statements and credit analysis.

Responsibilities

• Support 2-3 Senior Credit Solutions Managers with core clients.
• Perform credit tasks and prepare credit presentations.
• Analyze financial statements and credit reports.

Skills

Financial Statement analysis

Credit risk assessment

Communication skills

Analytical skills

Job description

Overview

Requisition ID: 237141

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

The Senior Credit Solutions Associate will work with the Senior Credit Solution Manager with the preparation, analysis, and monitoring of credit applications and portfolios. The ideal candidate will have a strong understanding of credit principles, excellent analytical skills, and the ability to work collaboratively in a fast-paced environment. The role is specific to supporting more complex Core clients and is intended to provide deal exposure and development for a SCSM role.

As the Senior Credit Solutions Associate you will contribute to the overall success of the Commercial Distribution team their respective in Department/Region ensuring specific individual goals, plans, initiatives are executed/delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

Responsibilities

• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Perform credit tasks for core clients supporting Senior Credit Solutions Managers.
• Support approximately 2-3 Senior Credit Solutions Managers (SCSM), in the region, on the most complex Core clients. Reporting to the Team Lead, Credit.
• Service clients in Canada and generally within the same region although they could have operations across the country as well as in international locations. These clients will be both borrowing (+$5MM with some clients up to $25MM) and non-borrowing. Credits of the higher complexity and/or highly customized borrowing Core relationships, with credit authorizations typically +$10MM.

Qualifications

• Proven experience in preparing Financial Statement spreading, credit summaries, Projections and Borrowing bases, review results, escalate any signs of deterioration and update appropriate systems.
• Experience analyzing financial statements, credit reports, and other relevant documentation to identify potential risks and opportunities.
• Proven preparation of credit presentations and packages.
• One to two years’ experience in Commercial Banking.
• Previous experience in credit underwriting or credit document preparation.
• Strong knowledge of financial statements and credit analysis, preliminary assessment of risk, and drawing conclusions.
• Strong Knowledge of credit structures and applicable risk management.

What’s in it for you

• Opportunity to work closely with both Sr. Relationship Managers and SCSM to understand client needs and develop tailored credit solutions.
• Participate in deal forums to socialize deals with GRM where appropriate.
• Champion a high-performance environment and contributes to an inclusive work environment.
• Will interact with SCSM on credit-related activities and support other partners such as: Business Service Center, Enhanced Due Diligence Unit, CRA and Global Banking and Markets and could have some interaction with Global Risk Management and other partners as well as the Commercial Banking Executive Office.
• Interact with external parties such as Solicitors, Accountants and Professional Service Providers.
• Ability to resolve issues and problems.
• Add to your knowledge of the Commercial industry.
• Add to your commitment to excellent client service and ability to work with clients to resolve issues in an amicable and prompt manner.
• Support the SCSM with detailed credit reports and recommendations for credit approval or denial.
• Looking for two positions and open to Calgary/Edmonton/Saskatoon and Winnipeg locations.

Location(s): Canada : Alberta : Calgary