Credit Officer

1 week ago


Toronto, Ontario, Canada Scotiabank Full time

The Credit Officer plays a key role in the success of Canadian Wealth Management by overseeing Credit/Risk, Account Maintenance and Financial aspects. They ensure that all activities align with regulations, internal policies, and procedures.

Is this position a good fit for you?

  • Generate, modify, and interpret reports to identify accounts posing credit and market risks, ensuring compliance with industry and firm policies
  • Respond to inquiries, provide guidance to Advisors & Assistants, and update relevant information
  • Implement and lift trading and banking restrictions based on thorough analysis
  • Monitor market activity, take corrective actions, and manage securities transactions
  • Approve debit limits and update securities values in various systems
  • Perform additional tasks such as compiling statistics and investigating discrepancies

Do you possess the skills needed for success in this role?

  • 3 to 5 years' investment industry experience
  • College Diploma or University Degree
  • Completion of relevant Canadian Securities Institute courses
  • Investment Representative license with Options is a bonus
  • Market knowledge and expertise in policies and procedures
  • Proficiency in various software tools and PC applications
  • Effective communication and problem-solving skills
  • Time management, teamwork, and analytical skills

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