Sr. Credit Solutions Associate, Commercial Banking (Contract) opened to Kelowna, Van. or Langley

Scotiabank; Kelowna; On-site; CAD 70,000 - 110,000; Full time

Job summary

Scotiabank in Canada is seeking a Senior Credit Solutions Associate for Commercial Banking (Contract) across Kelowna, Langley or Vancouver. You will help prepare credit applications, analyze financial statements, and monitor portfolios.

The role supports Senior Credit Solution Managers, handles complex core clients, and ensures compliance with policies. This is a 12-month contract with development opportunities.

Qualifications

• Experience in preparing financial statements, credit summaries, and projections.
• Ability to assess risk and identify credit quality signals.
• Experience with credit documentation and presentations.
• Commercial banking experience is required.

Responsibilities

• Prepare credit applications and analyses for core clients.
• Support Senior Credit Solutions Managers in region on complex relationships.
• Produce detailed credit reports and recommendations for approvals/denials.
• Assist in monitoring portfolios and ensuring compliance with policies and regulations.

Skills

Credit analysis

Financial spreads

Credit presentations

Commercial banking

Teamwork

Job description

Select how often (in days) to receive an alert:

Select how often (in days) to receive an alert:

Please be advised that our Careers site will be unavailable from November 28 at 12am ET to November 29 12am ET for scheduled system maintenance.

Title: Sr. Credit Solutions Associate, Commercial Banking (Contract) opened to Kelowna, Van. or Langley

Requisition ID: 275184
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Senior Credit Solutions Associate, Canadian Commercial Banking - Vancouver, Kelowna or Langley areas

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 Senior Credit Solutions Manager 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.

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

• 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.

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

• You have proven experience in preparing Financial Statement spreading, credit summaries, Projections and Borrowing bases, review results, elevate 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 Senior Client Relationship Managers (SCRM) and Senior Credit Solutions Managers (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.

Working Conditions:

• Work in a standard office environment are non-standard hours are a common occurrence.

This is a 12 month contract.

Location(s): Canada : British Columbia : Kelowna || Canada : British Columbia : Langley || Canada : British Columbia : Vancouver

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.

Job Segment: Credit Analyst, Underwriter, Bank, Banking, Credit, Finance, Insurance