Scotiabank

Assistant Manager, Supply Chain Finance, Lending Services, Global Transaction Banking - Toronto

Scotiabank$75K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • University degree in Finance or Business-related studies
  • Expert knowledge of Supply Chain Finance products and services
  • Strong working knowledge of Bank's AML and Compliance Policies
  • Advanced computer skills, particularly in MS Office Suite
  • 5-7 years of relevant experience preferred

Responsibilities

  • Champion a customer-focused culture to strengthen client relationships
  • Process complex transactions in Payable Finance and Trade Products
  • Review and release transactions prepared by SCF Analysts
  • Operate various platforms and systems for daily functions
  • Ensure transactional documentation is complete and compliant
  • Assist with balancing G/L entries and preparing reports
  • Respond to customer requests and escalate concerns as needed

Benefits

  • Flexible benefit programs focused on holistic well-being
  • Support for unique family, financial, physical, mental, and social health needs
  • Inclusive work environment promoting personal development
  • Opportunities for career growth and succession planning
Full Job Description
Requisition ID: 268241

Purpose

The incumbent is responsible for reviewing and approving Supply Chain Finance transactions, to provide a high level of Customer Service and contribute to the overall success of the Supply Chain Finance Services Centre, 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.

What You'll Do:
  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • If required, process transactions within a wide range of complexity. These may include, but not limited to Payable Finance products, Trade receivable purchase products, Trade Loans or other Trade and Supply Chain Finance Structured Products.
  • Thoroughly review and release transactions prepared by the SCF Analysts, making sure that they fall within the authorized limit, and escalate to the SCF Manager, if necessary.
  • Operate various platforms and systems needed in order to perform daily functions: BESS, Input Facility, CorrRisk, CGI-T360, Prime Revenue, ACBS, Scotia Connect, etc.
  • Exhibit ample understanding of all the facility structures and verify that all transactional documentation is complete, compliant and appropriately authorized
  • Perform (or assist with) the balancing of the G/Ls entries and the loans under each facility. Prepare regular monthly and ad-hoc reporting
  • Contribute to the set up and maintenance the Facilities and Transactions Check list, the Shared Drive, Group email, Customer and Facility Folders
  • Respond promptly and effectively to requests from customers, SCF Sales team and escalate any concerns and complaints to the Manager and Senior Manager in order to propose workable solutions
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively 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.
  • Champions 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.

What You'll Bring:
  • University undergraduate degree in Finance or Business-Related studies or equivalent
  • Expert knowledge of Supply Chain Finance products and services
  • Strong working knowledge of BAnk's AML and Compliance Policies
  • Advanced computer skills, particularly MS Office Suite - Excel, Access, Power Point, Word

What's in it for you?

Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs

Interested?

If your experience is closely related but doesn't align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

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
5 Year Trend
+7%
NASDAQ

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