Senior Manager, Corporate Credit - Energy

Scotiabank; Toronto; On-site; CAD 100,000 - 130,000; Full time

Job summary

A leading bank is seeking a Senior Manager for Corporate Credit in the Energy sector, with responsibilities focusing on credit analysis, risk management, and collaboration with banking partners. The role requires strong analytical skills and a business-related degree, offering career development in a supportive environment.

Benefits

Career development and professional growth opportunities

Competitive compensation and benefits

Supportive internal development programs

Commitment to community and inclusive workplace culture

Qualifications

• Post-secondary degree in Business or a related field; MBA, CFA, or CPA is an asset.
• Knowledge of credit risk policies, products, and processes.
• Previous credit risk experience is advantageous.

Responsibilities

• Perform credit analysis and adjudicate accounts by assessing risks.
• Collaborate with Banking partners to ensure regulatory compliance.
• Monitor portfolio health and assess strategies for problematic loans.

Skills

Communication

Analytical skills

Organizational skills

Education

Post-secondary degree in Business

MBA

CFA

CPA

Job description

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Title: Senior Manager, Corporate Credit - Energy

Requisition ID: 227511

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

As the Senior Manager in Global Risk Management Corporate Credit Energy, you will be responsible for managing credit adjudication activities for a portfolio of corporate customers, primarily in the oil & gas industry. You will handle significant deal flow with diverse structures and risks, collaborating with Banking partners to contribute to sound asset growth and profits by performing in-depth risk assessments, ensuring requests are analyzed and adjudicated in compliance with regulations, policies, and procedures. Your recommendations will facilitate timely decisions, sometimes under accelerated timelines.

Key Responsibilities:

• Perform credit analysis and adjudicate on accounts by reviewing financial and industry information and assessing risks.
• Collaborate with Banking partners to identify and address key risks, ensuring operational and regulatory compliance.
• Ensure prompt adjudication of credit applications with all relevant information provided.
• Provide recommendations to senior management and participate in discussions with the Senior Credit Committee.
• Assign risk ratings to Borrowers and Guarantors in line with Bank policies.
• Prepare industry reviews and reports, utilizing analytics to monitor portfolio trends, especially in volatile markets like oil & gas.
• Develop industry expertise and maintain the quality of the credit portfolio through ongoing reviews and discussions.
• Monitor portfolio health, identify early warning signs, and assess strategies for problematic loans.
• Use data analytics to enhance credit assessment processes.

Candidate Skills and Qualifications:

• Post-secondary degree in Business or related field; MBA, CFA, or CPA is an asset.
• Self-motivated, results-focused team player with strong learning ability.
• Excellent communication skills.
• Strong organizational and time management skills.
• Knowledge of credit risk policies, products, and processes; previous credit risk experience is advantageous.
• Understanding financial statements and cash flow analysis with strong analytical skills.

What We Offer:

• Opportunity to join a forward-thinking, collaborative company.
• Career development and professional growth opportunities.
• Supportive internal development programs.
• Competitive compensation and benefits.
• A commitment to community and inclusive workplace culture.

Please note: Candidates may be considered at the Manager level depending on skills and experience.

Location: Toronto, Ontario, Canada

Scotiabank is a leading bank in the Americas, guided by our purpose: "for every future." We help our customers and communities succeed through a broad range of financial services. We value diversity and are committed to an inclusive environment. Accommodations are available upon request during the recruitment process. Candidates must apply online; only those selected for interviews will be contacted.