Credit Analysis and Support Specialist

7 days ago


Hamilton, Ontario, Canada Scotiabank Full time
About the Role

We are seeking a highly skilled Credit Analysis and Support Specialist to join our Commercial Automotive portfolio team at Scotiabank. As a key member of our team, you will be responsible for contributing to the profitable growth and quality of our Commercial Automotive portfolio by performing credit administration tasks to the highest standard of quality.

Key Responsibilities
  • Process and analyze customer reporting items (interim and annual) by maintaining a complete monitoring system, updating Task Manager and Scotia Dealer Link with necessary information, and completing the spreading of interim financial statements in Moody's Analytics CreditLens.
  • Perform trend analysis to monitor the health of client accounts and help determine client risk ratings.
  • Identify and action customer reporting items that are overdue, and follow up with customers for overdue items that are between 0 and 60 days overdue.
  • Support the offside conditions/material deterioration process by escalating offside conditions, covenants, and material deterioration, and updating Task Manager to identify offside reporting conditions and removing flags when authorized.
  • Support the Annual Review process and preparation of credit correspondence by analyzing client files in Task Manager to determine annual review and rating refresh, and reporting items that are due.
  • Prepare and complete spreads of annual financial statements, and projections in CreditLens.
  • Ensure client files are complete and up to date in Scotia Dealer Link and Task Manager, and that all relevant correspondence and authorizations related to the Annual Review process are properly stored in the Automotive Shared Document Repository (ASDR).
  • Ensure fees, pricing, IG, and authorized limited changes are correctly processed/resolved as required.
  • Systems (Task Manager and Scotia Dealer Link) updated as required to reflect the information outlined in the Credit Authorization.
  • Support the completion of conditions precedent and ensure all required steps are completed prior to advancement/renewal of credits.
  • Liaise with syndicate banks in gathering due diligence and information required to complete analysis and answer questions (if Scotiabank is agent).
  • Provide other administrative support as required for credit/fulfillment activities.
Requirements
  • Basic credit skills (familiarity with writing up deals, spreading financial statements, assessing risk, financial modeling, and drawing conclusions)
  • Intermediate accounting and financial statement analysis
  • Solid problem-solving skills and solutions-oriented
  • Well-organized and ability to multi-task
  • Interpersonal skills to effectively interface with peers and customers
  • Good knowledge of all commercial lending products
  • Bilingual (English & French) language skills considered an asset
  • Ability to use personal computer programs; Word, Excel, & Outlook, and relevant specialized software (examples: SDL, Task Manager, CreditLens, etc.)
About Scotiabank

Scotiabank is a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers. We offer a competitive compensation and benefits package, and an organization committed to making a difference in our communities– for you and our customers. You can expect to be recognized and rewarded for high-performance, and supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.



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