Senior Portfolio Management Officer, Scotia Leasing and Operations - Canadian Business Banking

Scotiabank; Toronto; Hybrid; CAD 60,000 - 100,000; Full time

Job summary

Join a purpose-driven team at an established industry player focused on delivering exceptional portfolio management and financial accounting services. In this role, you will manage Scotia Leasing products, ensuring compliance with regulatory standards while providing outstanding service to clients. Collaborate with various departments to enhance customer relationships and contribute to a supportive work environment. This position offers a hybrid work arrangement, allowing you to balance your professional and personal life effectively. If you are passionate about accounting and eager to make a meaningful impact, this opportunity is perfect for you.

Qualifications

• 3+ years of experience in an Accounting/Finance role.
• Knowledge of GAAP, IFRS, and taxation is an asset.

Responsibilities

• Manage end-to-end portfolio management and financial accounting.
• Provide extraordinary customer service and support to clients.

Skills

Accounting principles (GAAP, IFRS)

Financial analysis

Customer service

Problem-solving

Communication skills

Analytical skills

Microsoft Excel

Education

Post Secondary Education / University Degree in Accounting

Accounting designation (CPA, CMA, CGA, or CA)

Tools

ScotiaFX platform

Microsoft Office

Job description

Requisition ID: 224619

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

Senior Portfolio Management Officer, Portfolio Management - Scotia Leasing, Canadian Business Banking

Purpose

In this role you will be responsible for end-to-end portfolio management and financial accounting of Scotia Leasing products, from initial booking through to contract expiry.

This position contributes to the overall success of Scotia Leasing by ensuring accurate reporting and adherence to regulatory and accounting standards. It involves providing outstanding service to Scotia Leasing clients and dedicated support to internal partners across Commercial, Corporate, Business Banking, SAMU, Private Banking, and the Business Service Centre.

This role requires problem-solving abilities and a proactive approach to financial challenges, ensuring specific individual goals, plans, and initiatives are executed/delivered in support of the team’s business strategies and objectives.

Accountabilities:

Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

• Working collaboratively with partners to complete customer requests.
• Keeping the bank safe by working within the Bank’s guidelines.
• Contributing to an inclusive work environment.

Portfolio Management: The incumbent is responsible for managing all transactional change requirements in the portfolio:

• Interpret customer queries, re-structure transactions, and prepare necessary documentation for all Leasing products.
• Support and educate Branch/BBO personnel on portfolio administration and handle reports and problem accounts
• Follow procedures for preparing various documents, monitor delinquent accounts, and process mid-term adjustments.
• Issue payout calculations, provide balance inquiries, and handle all leasing portfolio inquiries (phone or email).
• Provide extraordinary customer service to Scotia Leasing customers and Branches.

Accounting:

• Maintain the Scotia Leasing General Ledger in accordance with accounting standards and Bank policies.
• Perform daily cash accounting, posting, and accounting packages. Conduct account activity analysis and reconciliations.
• Prepare journal entries, account reconciliations, manage the general ledger, month-end close, and financial reports.
• Book FX transactions using ScotiaFX platform.
• Prepare PST/GST/HST accounting and sales tax schedules/reporting. Prepare monthly, quarterly, and annual financial reporting.
• Liaise with Canadian Banking Finance, Taxation, Executive, auditors, and others as required.

Education / Experience / Other Information:

Education:

• Post Secondary Education / University Degree with an Accounting focus
• Working towards an accounting designation (CPA, CMA, CGA, or CA) is a strong asset

Skills / Experience:

• 3+ years of experience in an Accounting / Finance role required
• Knowledge of GAAP, IFRS, CCA classes, Taxation (Federal and Provincial), banking regulations, and Leasing/Lending Products would be an asset.
• Driven to build strong relationships - flexibility to adapt to environment and business needs.
• Curiosity to uncover ways to assist our customers and partners to achieve their goals.
• Willingness to complete industry related courses needed for the role which Scotiabank will support through tuition reimbursement and focused learning groups.
• Understanding of equipment leasing, including documentation, accounting procedures, tax and legal ramifications, and special policies highly desirable.
• Strong analytical, critical thinking, verbal, written communication, and interpersonal skills.
• Administrative, organizational, and decision-making skills to manage high volumes of activities.
• Intermediate to Advanced proficiency with Excel - proficiency with other Microsoft Office programs
• Ability to work under pressure and deliver high customer service standards.

Working Conditions:

• Work in a standard office-based environment: currently a Hybrid work arrangement is in place which is subject to change based on the needs of the business.
• Non-standard hours are a common occurrence.

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 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. 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.