Senior Manager, Commercial Credit & Risk

Scotiabank; Toronto; On-site; CAD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive compensation

Benefits package

Inclusive work environment

Job summary

Scotiabank is seeking a Senior Manager, Commercial Credit to lead credit adjudication, risk assessment, and portfolio oversight within a strong risk culture. The role focuses on capital optimization, regulatory compliance, and collaboration with business lines to drive strategy and client satisfaction.

You will adjudicate credit requests, evaluate financial and non-financial risks, and monitor changes in client creditworthiness while guiding actions to balance risk and growth.

Qualifications

• Minimum of 5 years of experience in financial analysis or credit adjudication.
• Extensive experience in complex financial analysis.
• Strong understanding of lending policies and procedures, financial analysis, risk assessment techniques, credit structuring, collateral and security documentation.
• Proven credit judgement and ability to administer a Commercial credit portfolio.

Responsibilities

• Adjudicate and/or authorize credit requests within assigned limits and policy.
• Evaluate client risk and monitor creditworthiness; provide actionable recommendations.
• Perform risk assessment and rating; monitor portfolio; advise on actions.
• Understand regulatory framework and its impact on the portfolio; collaborate with stakeholders.
• Coach and partner with Mid-Market Commercial Banking; ensure a strong risk culture and client experience.

Skills

Credit analysis

Negotiation

Financial analysis

Communication

Risk management

Leadership

Education

Post-secondary education in business

Job description

Scotiabank is seeking a Senior Manager, Commercial Credit to lead credit adjudication, risk assessment, and portfolio oversight within a strong risk culture. The role focuses on capital optimization, regulatory compliance, and collaboration with business lines to drive strategy and client satisfaction.

You will adjudicate credit requests, evaluate financial and non-financial risks, and monitor changes in client creditworthiness while guiding actions to balance risk and growth.