Scotiabank

Manager Credit Risk, Business Banking

Scotiabank • $90K — $110K *
Montreal, QC H1A 0A1In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Comprehensive knowledge of the Bank's Small Business products/services
  • Expert understanding of lending policies and procedures
  • Intermediate skills in financial statement analysis
  • Strong analytical and problem resolution capabilities
  • Excellent written and verbal communication skills (Bilingual preferred)
  • Strong organizational abilities for high volume workloads
  • Team player with skills in relationship development

Responsibilities

  • Analyze credit submissions and financial disclosures within risk tolerances
  • Apply 5 C's of credit and document policy compliance
  • Adjudicate requests within limits and recommend exceptions
  • Calculate financial ratios and assess credit conditions
  • Analyze credit reviews and implement corrective actions
  • Maintain professionalism in partner interactions
  • Provide recommendations and coaching to partners
  • Act with urgency in responding to partner requests
  • Meet ACE Service Level Agreement targets
  • Contribute to the growth of the Small Business Credit portfolio
  • Identify risks and propose mitigants for decisions

Benefits

  • Career advancement with diverse professional development opportunities
  • Team-oriented and collaborative work culture
  • Competitive compensation and benefits package
  • Engagement with an enthusiastic team focused on client service
Full Job Description
Requisition ID: 265715

The Role

The Small Business Manager, Credit Risk is responsible for exercising sound credit judgement, and providing quality underwriting decisions. The incumbent is to adhere to Bank policy and established exception authorities, while balancing production objectives.

ACE's role is to review credit applications requiring an exception for Retail Branches, Private Banking, Indirect Mortgage, and Indirect Auto channels, and underwriting for the Small Business (Branch, Health Care & Professional Banking, and Agriculture) channel.

The incumbent contributes to the overall success of the Adjudication Centre of Expertise / Global Operations in Canada ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted follow governing regulations, internal policies and procedures.

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

  • Effectively analyze credit submissions, financial disclosures and pertinent documentation, within risk tolerances
  • Applying advanced credit judgement, usage of the applicable 5 C's of credit, and ensuring consistent application of policies and processes are analyzed and documented.
  • Adjudicating within established limits and exception authority and presenting quality recommendations on requests above established limits.
  • Ability to calculate financial ratios, identify appropriate credit conditions and security while understanding business and economic trends
  • Analyze credit reviews and apply corrective action where appropriate
  • Ensuring all partner interactions are professional, respectful, and value added.
  • Providing recommendations/alternative solutions, and restructuring credit requests, with coaching/direction to partners as required.
  • Acting with a sense of urgency in response to partner requests to meet customer expectations.
  • Delivering against established ACE Service Level Agreement targets - moved this from below
  • Contributes to the growth and quality of the Small Business Credit portfolio
  • Clearly identifying risks and exceptions using strong rationale and associated mitigants to support the decision.
  • Operate within the Bank's risk appetite and culture in day-to-day activities and decisions.
  • Maintain acceptable application review ratings from internal quality assurance and audit


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

  • A comprehensive knowledge of the Bank's Small Business products/services
  • An expert understanding of the Bank lending policies and procedures, financial analysis, risk assessment techniques, credit structuring, collateral and security documentation and registration
  • Intermediate accounting and financial statement analysis.
  • Strong analytical and problem resolution skills.
  • Strong team player and skillful in developing harmonious relationships with Unit team members and stakeholders.
  • Strong communication skills, written and verbal, in order to produce informative, concise and professional credit replies, presentations and correspondence (Bilingual preferred)
  • Strong organizational skills and the ability to prioritize work effectively and efficiently to meet the demands of a high volume work environment


What's in it for you?

  • A rewarding career path with diverse opportunities for professional development
  • A culture that promotes teamwork and cross-functional collaboration to achieve business goals. Inclusive workplace that values diversity of thought, background, and experience
  • A competitive compensation and benefits package
  • Opportunity to work with a very enthusiastic team that helps our clients by ensuring the Bank is able to continue to operate to deliver key business services.


Location(s): Canada : Ontario : Mississauga || Canada : Quebec : Montreal

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.

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

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Scotiabank

More Finance & Insurance Jobs

Find similar Manager Credit Risk, Business Banking jobs:

NationwideMontreal, QC