Analyst - Lending Services, Corporate Credit (12-month Contract)
3 days ago
Requisition ID: 239805 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose**: The Analyst contributes to the overall success of the Loan operations team located in Toronto, by managing a portfolio of medium to complex corporate loans and letters of credit where the Bank is the lead Agent Bank for a group of syndicate lenders or when the bank is providing a direct or bilateral financing for the customer. **Is this role right for you? In this role, you will**: - Administers instructions by Agent banks on participation portfolio in the Americas and UK while managing and processing complex loans in LoanIQ and other platforms as used by team. - Provides loan servicing and monitoring support for Syndicated loan portfolios including disbursements, handling interest and fee payments, rollovers, and maintaining accurate loan records. - Conducts daily reconciliations of syndicated loans, resolving cash-breaks and discrepancies with the Agent banks. - Reviews LoanIQ reports and conducts loan servicing activities to recognize and ensure that all exceptions to policies and procedures are brought to the attention of management for resolution when required. - Promote the process improvement initiatives across the department. - Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. - Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge. - Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment, communicating vison/values/business strategy and managing succession and development planning for the team. **Do you have the skills that will enable you to succeed in this role? - We’d love to work with you if you have**: - Finance or business-related studies or equivalent. - Hands on experience with servicing corporate syndicated loans preferable. - Solid working knowledge with MS Suite - Excel, Word, Power Point etc. - Excellent organizational and communication skills (written and verbal). - Attention to detail with problem solving and analytical skills. **Work Arrangement**: - Work in a standard office-based environment and remote as applicable; non-standard hours are a common occurrence. - Work may include Canadian or US or UK statutory holidays. **Interested?** At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That is 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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