Analyst,Trade Finance

Join to apply for the Analyst,Trade Finance role at Scotiabank Requisition ID: 240638 Purpose Contributes to the overall success of the Trade Finance 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 are in compliance with governing regulations, internal policies and procedures. Responsibilities Process transactions within a wide range of complexity, including Commercial Letter of Credit, Documentary Collections, Standby LC/Letter of Guarantee or other Trade Finance Products. Ensuring all aspects of the customers’ trade needs are addressed in a manner consistent with Scotia Service Standards and Complaint Resolution Standards, thereby positively differentiating our service level from other institutions. Verifying that all client documentation is complete, compliant and appropriately authorized. Ensuring all Trade Finance Activity Profiles of clients and Due Diligence forms are accurately prepared/processed. Responding promptly and effectively to requests, concerns and complaints from customers, GTB Sales team, and other departments to propose workable solutions. Developing and maintaining specialist knowledge of GTB Trade Finance products, services and pricing. Setting up customer profiles and maintaining appropriate customer files/documents and customer records. Actively identifying and participating in recommendations for process and systems improvement. Operating various platforms and systems needed to perform daily functions: GTX, CorrRisk, CGI‑T360, LOANIQ, etc. Handling all processing, verifying and/or releasing activities related to documentary Letter of Credit and/or documentary collection in the Trade 360 as per authorized limits. Providing administrative support, including scanning and indexing documentary import/export Letter of Credit applications and other documents. Skills Undergraduate degree in Finance/Business. Knowledge of Trade Finance products and services is an asset. A passion and interest in Global Wholesale Operations/financial market space. Knowledge of the Uniform Customs and Practice for Documentary Credits (UCP600), Bills of Exchange Act, URC 522, URR 725, ISP98, URDG758, ISBP, SWIFT procedures and applicable trade finance regulations. Experience with Microsoft Office applications, VBA, Excel, Power BI, Project, ADP, Six Sigma, Broadridge, ION, Murex, Xceptor, smart stream products – TLM and gloss is considered an asset. Preference to be a holder of CDCS. Work Arrangement: This position is currently a Hybrid role, subject to change based on the needs of the business. Benefits At Scotiabank, we empower every employee to reach their fullest potential, respecting their individuality and embracing their differences. We promote holistic well‑being through flexible benefits programs that support your family, financial, physical, mental, and social health needs. Location: Toronto, Ontario, Canada At Scotiabank, we value the unique skills and experiences each individual brings and are committed to an inclusive and accessible environment. If you require accommodation – such as an accessible interview site, alternate format documents, ASL interpreter, or assistive technology – please inform our Recruitment team. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest, but only those selected for an interview will be contacted. Seniorities Associate Employment Type Full‑time Job Function Finance and Sales Industries Banking #J-18808-Ljbffr