Assistant Manager

5 hours ago


Toronto, Ontario, Canada Scotiabank Full time

Requisition ID:

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose:

The Assistant Manager is responsible for providing, and if directed leading a team of deal analyst in delivering, quality administrative services to Corporate Clients relative to the set up and maintenance of credit facilities generated by GBM and other BNS units wherein the Bank is an agent, participant lender or direct lender in a credit facility. The Assistant Manager is responsible for the accuracy and integrity of data, accounting reconciliation and record keeping aspects of the deals, facilities, and loans assigned to them ensuring specific individual goals, plans, and 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. The Assistant Manager will be responsible, as directed, for supervising a team of deal analyst and working with the Manager/ other Deal Assistant Managers.

Is this role right for you? In this role you will:

  • Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

  • As directed, managing a team of deal analyst and assist in the overall deal closing process when the Bank is an agent, direct lender or participant lender.

  • Administers instructions by Agents on participations and customers on direct and agented deals including verification of limit availability, accuracy of calculations and disbursement/application of funds.
  • Ensuring that terms and conditions of authorizations and/or loan documentation are being adhered to including pricing, term, limits etc.
  • Communicating effectively with various contacts including other Banks to resolve issues on a timely basis.
  • Recognizing and bringing exceptions to policies and procedures to the attention of Manager/Senior Manager/Director for further guidance and resolution.
  • A solid knowledge of loan platform, Loan IQ to ensure accuracy of posting accounting entries to source system and business line dissemination.
  • Assist Manager, Senior Manager and Director in various team-related tasks, resolution of exception items as well as special project-related work
  • Oversee and monitor team productivity, staffing and work volume information and report to Manager/Senior Manager on a weekly basis.
  • Provide guidance and coaching to immediate team staff.

Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.

  • Creates an environment in which his/her team 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 operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
  • Builds 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:

  • University undergrade degree in Finance or business-related studies or equivalent.
  • Develop a solid working knowledge of ACBS, LoanIQ and other platforms as used by team.
  • Knowledge and Working experience in corporate lending services
  • Solid working knowledge with MS Suite – Excel, Word, Power Point etc.,
  • Excellent organizational and communication skills (written and verbal)
  • Attention to detail and problem solving

Work Arrangement:

  • Work in a standard office-based environment; 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.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.


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