Analyst, Credit Solutions, Technology And Innovation Banking

4 weeks ago


Montreal Quebec GF, CA Scotiabank Full time

Requisition ID: #

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose

The Analyst, Credit Solutions is responsible for contributing to the profitable growth and quality of the Bank’s Technology and Innovation Banking portfolio by performing a multitude of tasks including due diligence, risk analysis, and presentation on complex deals in concert with the coverage team as well as ongoing portfolio monitoring and control.

The incumbent is responsible for due diligence, risk analysis and ongoing portfolio monitoring activities. The incumbent interfaces directly with clients at times, in partnership with the coverage team.

The incumbent liaises with Credit / Global Risk Management through the credit decision-making process and ensures all activities are conducted in compliance with governing regulations, internal policies and procedures.

Is this role right for you?
  1. Contributes to the profitable development of the Technology and Innovation Banking business by:
  • Ensuring the timely analysis, structure and presentation of credit / financial solutions proposals within prescribed segment;
  • Providing prompt and sound recommendations in the analysis and adjudication of credit proposals;
  • Ensuring that writings to the coverage team clearly convey the rationale for decisions, so that they may respond effectively to clients;
  • Liaising with the Business Service Centre for fulfilment (including documentation, liaison with 3rd parties, security registration) and all service activities;
  • Ensures the accurate communication of the terms and conditions of an authorization and supervises the effective and timely implementation of same by:
  • Reviewing all written authorizations to ensure accuracy, completeness and clarity.
  • Ensuring prompt follow-up for acceptance of the authorization and reacting swiftly to any problems, amendments, extensions, reporting to senior management where necessary;
  • Promptly and effectively addressing issues surrounding the adequacy, quality and completeness of loan documentation and security.
  • Liaise to ensure any required changes to the coverage team and follow-up for the accurate execution and delivery of same prior to disbursement of funds.
Ensure the ongoing quality of the assigned credit portfolio through control and administration of the specific conditions and reporting requirements as specified in individual authorizations are adhered to by:
  • Advising senior management of any credit weaknesses developing within individual accounts, by ongoing awareness and analysis of relevant financial, legal, political, technological, and industry information.
  • Adhere to any regulatory and internal Bank policies and requirements;
  • Maintaining adherence to the Bank’s Anti-Money Laundering program and Guidelines for Business Conduct, by reporting any unusual occurrences or fraudulent activities per established procedures.
  • 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 in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
  • Champions a high performance environment and contributes to an inclusive work environment.
Do you have the skills that will enable you to succeed in this role?
  • Undergraduate degree in business, Finance, economics, technology, sciences, or related work experience.
  • In progress professional designation (i.e. CPA, CFA, or CBV, etc) or MBA is considered an asset.
  • Passion in working with entrepreneurs and investors in the innovation ecosystem.
  • Basic understanding of financial analysis and risk analysis techniques.
  • Strong interpersonal skills and communication skills.
  • Strong PC skills are required, including working knowledge of MS Word, Excel, and Powerpoint.
  • Strong knowledge of relationship building and teamwork skills.

Open to Montreal, Toronto, Ottawa, Calgary or Vancouver locations.

Pursuant to a language needs assessment conducted by Scotiabank, the successful candidate will be required to be able to communicate in English because they will be required to work closely with other groups from head office who operate primarily in English and will serve an English speaking clientele frequently.

Location(s): Canada : Quebec : Montreal || Canada : Alberta : Calgary || Canada : British Columbia : Vancouver || Canada : Ontario : Toronto

Scotiabank 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 click here. Candidates must apply 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.

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