Strategic Portfolio Lead
7 days ago
As a Strategic Portfolio Lead at Scotiabank, you will play a pivotal role in shaping the direction of our International Wealth Management credit portfolios.
Job SummaryThis is an exciting opportunity for an experienced professional with a broad credit background and 5-10 years of lending experience to join our team. The ideal candidate will have a strong analytical skillset, excellent verbal and written communication skills, and fluency in Spanish given the geographic scope of the team.
Key Responsibilities- Foster a customer-focused culture throughout your team, deepening client relationships and leveraging broader Bank relationships, systems, and knowledge.
- Collaborate with International Private Banking on transactions and risk appetite topics, contributing to development, training, and fostering a risk culture within the business line.
- Adjudicate on credits within assigned limits, providing recommendations for over-limit or out-of-policy deals to the Senior Credit Committee, and authorizing waivers, amendments, and non-standard documentation.
- Work with local credit units/International Wealth Management teams to provide advice and counsel or feedback on atypical transactions as required.
The successful candidate will be responsible for ensuring well-founded and profitable growth in the Wealth Management credit portfolios by providing sound and timely decisions on applications for credit, contributing to the development and implementation of lending policies and strategies, and being alert to other market opportunities.
In addition, this role involves monitoring the assigned portfolio and approved credits on a geographic, industry, and customer/product basis, ensuring adherence to conditions of credit, identifying issues, and taking remedial action in a timely manner. You will also ensure early identification and sound administration of weak and unsatisfactory accounts, alerting management to unsatisfactory trends and recommending suitable courses of action.
Requirements- Broad credit background and 5-10 years of lending experience (IPL structuring is an asset)
- Fluency in Spanish given the geographic scope of the team
- Excellent analytical skills
- Excellent verbal and written communication skills
- Knowledge of workout situations
- Awareness of competitor practices, economic and business trends
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