Senior Credit Risk Manager for Small Business Growth

1 week ago


Québec, Quebec, Canada EightSix Network Full time
About the Role

We are seeking an experienced Senior Credit Risk Manager to join our team and play a key role in the growth of our Small Business segment.

Job Summary

The Senior Credit Risk Manager will be responsible for exercising sound credit judgment and providing quality underwriting decisions. This includes adhering to Bank policy and established exception authorities, while balancing production objectives.

Key Responsibilities
  • Analyze credit submissions, financial disclosures, and pertinent documentation within risk tolerances.
  • Apply advanced credit judgment, usage of the applicable five C's of credit, and ensure consistent application of policies and processes are analyzed and documented.
  • Adjudicate within established limits and exception authority and present quality recommendations on requests above established limits.
  • Calculate financial ratios, identify appropriate credit conditions and security while understanding business and economic trends.
  • Analyze credit reviews and apply corrective action where appropriate.
  • Ensure all partner interactions are professional, respectful, and value-added.
  • Provide recommendations/alternative solutions and restructuring credit requests with coaching/direction to partners as required.
Requirements
  • A comprehensive knowledge of the Bank's Small Business products/services.
  • An expert understanding of the Bank lending policies and procedures, financial analysis, risk assessment techniques, credit structuring, collateral, and security documentation and registration.
  • Intermediate accounting and financial statement analysis.
  • Strong analytical and problem-resolution skills.
  • Strong team player and skillful in developing harmonious relationships with Unit team members and stakeholders.
  • Strong communication skills, written and verbal, in order to produce informative, concise, and professional credit replies, presentations, and correspondence.
What We Offer
  • A rewarding career path with diverse opportunities for professional development.
  • A culture that promotes teamwork and cross-functional collaboration to achieve business goals.
  • Inclusive workplace that values diversity of thought, background, and experience.
  • Competitive compensation package including base salary ($120,000 - $150,000) and benefits.
About Scotiabank

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.



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