Scotiabank

Assistant Manager, Lending Services, Corporate Credit (GWO)

Scotiabank • $80K — $95K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • University undergraduate degree in Finance or business-related studies or equivalent
  • Knowledge and working experience in corporate lending services
  • Solid working knowledge of ACBS, LoanIQ, and other platforms
  • Excellent organizational and communication skills (written and verbal)
  • Proficiency in MS Suite (Excel, Word, Power Point)
  • Strong attention to detail and problem-solving abilities

Responsibilities

  • Lead a team of deal analysts and manage the overall deal closing process
  • Administer instructions from Agents on participations and customer deals
  • Ensure compliance with terms and conditions of loan documentation
  • Communicate effectively to resolve issues with various bank contacts
  • Monitor team productivity and report to management on a weekly basis
  • Provide guidance and coaching to team members
  • Support the management team in resolving exception items and special projects

Benefits

  • Opportunity to engage with various GBM business groups for KYC/AML topics
  • Enhance knowledge of GBM's global product offerings and processes
  • Build strong strategic relationships within GBM and the bank
  • Be part of a dynamic team with strong development support
  • Diverse opportunities for professional development
  • A rewards program including flexible vacation and comprehensive benefits
  • Commitment to diversity, equity, and inclusion initiatives
  • Accessibility and workplace accommodations for all employees
Full Job Description
Requisition ID: 272325
Employee Referral Program - Potential Reward: $1,000.00

The Role

The incumbent is responsible for providing, and if directed leading a team of deal analyst in delivering, quality administrative services to Corporate Clients relative to the set up and maintenance of credit facilities generated by GBM and other BNS units wherein the Bank is an agent, participant lender or direct lender in a credit facility. The incumbent is responsible for the accuracy and integrity of data, accounting reconciliation and record keeping aspects of the deals, facilities, and loans assigned to them ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted are following governing regulations, internal policies and procedures. The incumbent will be responsible, as directed, for supervising a team of deal analyst and working with the Manager/ other Deal Assistant Managers.

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

  • Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • As directed, managing a team deal analyst and assist in the overall deal closing process when the Bank is an agent, direct lender or participant lender.
  • Administers instructions by Agents on participations and customers on direct and agented deals including verification of limit availability, accuracy of calculations and disbursement/application of funds.
  • Ensuring that terms and conditions of authorizations and/or loan documentation are being adhered to including pricing, term, limits etc.
  • Communicating effectively with various contacts including other Banks to resolve issues on a timely basis.
  • Recognizing and bringing exceptions to policies and procedures to the attention of Manager/Senior Manager/Director for further guidance and resolution.
  • Developing a solid knowledge of loan platform, Loan IQ to ensure accuracy of posting accounting entries to source system and business line dissemination.
  • Assist Manager, Senior Manager and Director in various team-related tasks, resolution of exception items as well as special project-related work.
  • Oversee and monitor team productivity, staffing and work volume information and report to Manager/Senior Manager on a weekly basis.
  • Provide guidance and coaching to immediate team staff.
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
  • Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.


Dimensions:

  • Supports business units in the Americas and UK
  • Develop a solid working knowledge of ACBS, LoanIQ and other platforms as used by team.
  • Assists the management team in various tasks such as resolution of exception items as well as project related work/assignment.
  • Ensure accuracy of work and apply due diligence as directed.
  • Manage performance of direct reports (if assigned) and ensure their compliance with internal processes.


Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
  • University undergrade degree in Finance or business-related studies or equivalent.
  • Develop a solid working knowledge of ACBS, LoanIQ and other platforms as used by team.
  • Knowledge and Working experience in corporate lending services .
  • Solid working knowledge with MS Suite - Excel, Word, Power Point etc.,
  • Excellent organizational and communication skills (written and verbal).
  • Attention to detail and problem solving.


Working Conditions
  • Work in a standard office-based environment and remote as applicable during pandemic; non-standard hours are a common occurrence. Work may include Canadian or US or UK statutory holidays. Limited travel domestically.


What's in it for you?
  • Opportunity to engage with various GBM business groups on KYC/AML topics and client outreach activities
  • Opportunity to enhance knowledge of GBM's global product offering, business lines and functional processes, as well as gain exposure to the overall bank
  • Opportunity to build strong strategic relationships across broad partner and stakeholder groups within GBM globally and across the bank
  • Be a key member of a dynamic and engaged team with strong leadership and focused personal and career development support
  • A rewarding career path with diverse opportunities for professional development
  • An organization committed to making a difference in our communities - for you and our customers.
  • A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
  • Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
  • Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.


Location(s): Canada : Ontario : Toronto

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
Finance & Insurance
5 Year Trend
+7%
NASDAQ
BNS
* Ladders Estimates

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