Senior Manager, Corporate Credit

Job title:

Senior Manager, Corporate Credit

Company

Scotiabank

Job description

Requisition ID: 214257Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.The Senior Manager, Corporate Credit will Contribute to the growth and safety of a loan portfolio comprising Corporate accounts within the Asia Pacific and Canadian Regulated Power, Engineering/ Contractor portfolios.The position also entails ensuring that the portfolio is maintained in sound condition within the Bank’s current credit policy and that supporting documentation provides adequate protection.Is this role right for you? In this role, you will:

• Report to the Director while operating in a team-based environment, you will adjudicate credit proposals for Asia Pacific clients and also some for Canadian Power & Engineering/ Contractor clients.
• Contribute to the quality of the loan portfolio by undertaking analysis of credit applications and providing recommendations, while adhering to the Banks’ underwriting guidelines:

• Review pertinent financial and industry information and perform in depth risk assessment of incoming credit applications
• Develop a high degree of industry & regional expertise and ensure the ongoing quality of the credit portfolio through the review of publications, the assessment of monthly/quarterly financial reporting packages, and discussions with the applicable corporate banking officers
• Ensure appropriate analysis, use of models and assignment of Borrower and Guarantor risk ratings in compliance with Bank guidelines and policy.
• Provide recommendations and participate in discussions in Senior Credit Committees.
• Provide credit authorizations that clearly communicate the terms and conditions of the adjudication.
• Ensure appropriate documentation is on file to support adjudiation decisions.

• Prepare industry reports and other industry account information, as requested.
• Contribute to reporting enhancement/ initiatives while also ensuring the accuracy of data in various databases and reports.
• Monitor the timely submission of applications and reporting.
• Conduct day-to-day activities in an effective and efficient manner, consistent with the Bank risk culture, Guidelines for Business Conduct, operational risk, regulatory compliance risk and AML/ATF.
• Maintain strong working relationships with origination/execution personnel in APAC and Canada.

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

• MBA and/or Finance-related professional designations (e.g. CPA, CFA, etc) are preferred.
• Required at least 3 years of experience in credit analysis in Corporate and/or Commercial Banking or Credit roles, including but not limited to: understanding of credit structures and protections, credit documentation, and financial projections.
• Experience in Asia Pacific region would be an asset and knowledge of Canadian Power, Engineering/ Contractor segments would also be helpful.
• Curiosity, ability to learn and to apply newly acquired knowledge to daily tasks.
• Strong time management and organizational skills to manage multiple (often shifting) priorities in a fast-paced environment.
• Sound oral and written communication skills to elaborate and support credit decisions before internal stakeholders (e.g. Global Risk Management and Banking counterparts).
• Superior negotiation and problem-resolution skills to reach agreements with business line partners.

What’s in it for you?

• The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
• A great opportunity to be exposed to financing deals in the Canadian Power, Engineering/ Contractor, and Asia Pacific portfolios at one of the leading Banks.
• A rewarding career path with diverse opportunities for professional development.
• Internal development to support your growth and enhance your skills.
• A competitive compensation and benefits package.
• An organization committed to making a difference in our communities- for you and our customers.
• We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!

Location(s): Canada : Ontario : TorontoScotiabank 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 . 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.

Expected salary

Location

Toronto, ON

Job date

Sat, 11 Jan 2025 06:45:02 GMT

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