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Analyst, Trade Finance Operations
2 weeks ago
Requisition ID: 194813
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
**Analyst, Trade Finance Operations (Processing) GWO**
**Global Banking and Markets**
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.
Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries We work together to drive ambition for every future
**Purpose**:
The Trade Finance Processing Analyst will play a crucial role in facilitating, managing trade finance transactions and contributes to the overall success of the Trade Services Centre-Toronto. The Analyst will be responsible for ensuring smooth and efficient processing of trade finance instruments, documentation and related activities. 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.
**What you'll do**:
Process a variety of trade finance instruments, including letters of credit, documentary collection and standby letter ofcredit / guarantees.
Ensure that transactions are executed in a timely and accurate manner, in adherence with established service levelagreement.
Collaborate with the trade finance service team, and other internal stakeholders to facilitate the seamless flow oftransactions.
Develops and maintains an expert level knowledge of trade finance products and services.
Continuously provide a high level of Customer service while ensuring that operational and documentaryrequirements are met while mitigating bank risk and customer risk.
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, while ensuring the adequacy,adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operationalrisk, regulatory compliance risk, AMUATF risk and conduct risk, including but not limited to responsibilities underthe Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AMUATFGlobal Handbook and the Guidelines for Business Conduct
**What you'll bring**:
Sound knowledge of Trade Finance Products
Strong Customer Service Focus.
Good working knowledge of ICC rules, ISP98, URDG 758, URC525 and UCP 600.
**Work Arrangement**:
**Interested?**
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.
What's in it for you?
Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Location(s): 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.
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