Senior Analyst, Credit Analysis Support Team

3 weeks ago

Hamilton, Canada Scotiabank Full time

 

 

 

Requisition ID: 200999

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

 

What your role will be...

Senior Analyst, Credit Analysis & Support Team - Automotive Finance (Hamilton, ON)

 

The Senior Analyst, Credit Analysis & Support Team is responsible for contributing to the profitable growth and quality of the Commercial Automotive portfolio by performing credit administration tasks to the highest standard of quality for their assigned portfolio. These tasks include financial spreading and analysis, rating activities, monitoring of required conditions, maintaining complete monitoring systems and other credit/or fulfillment activities. The Senior Analyst will also be responsible for credit tasks, including supporting Sr. CSMs and CSMs in preparation of credits.

 

 

What you will be doing...

  • Process and Analyze Customer Reporting items (interim and annual) by:
    • Maintaining a complete monitoring system (i.e. “Task Manager”) to ensure interim reporting is completed in a timely manner;
    • Updating Task Manger and Scotia Dealer Link with necessary information to ensure accuracy of the customer reporting requirements (this includes various data such as annual review date, frequency etc);
    • Completing the spreading of interim financial statements in Moody’s Risk Analyst (RA) in an accurate and timely manner as per authorized frequency requirements
    • Performing trend analysis to monitor the health of client accounts and help determine client risk ratings;
    • Identifying and actioning customer reporting items that are overdue, and following up with customers for overdue items that are between 0 and 60 days overdue. The objective is to minimize the number of items outstanding beyond 60 days which would otherwise need to be escalated;
    • Supporting the offside conditions / material deterioration processes by:
      • Escalating offside conditions, covenants and material deterioration
      • Updating Task Manager to identify offside reporting conditions and removing flag 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 reporting items that are due;
    • Preparing/completing spreads of annual financial statements, and projections in RA;
    • Performing structuring and analytical functions, along with other due diligence activities on deals;
    • Assisting with credit tasks to support Sr. CSMs and CSMs in the preparation of credits.
    • Ensuring 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 Shared Document Repository (SDR);
    • Ensuring fees, pricing, IG and authorized limited changes are correctly processed/resolved as required and systems (Task Manager and Scotia Dealer Link) updated as required to reflect the information outlined in the Credit Authorization;
    • Liaising with syndicate banks in gathering due diligence and information required to complete analysis and answer questions (if Scotiabank is agent).
    • Support the completion of conditions precedent and ensure all required steps are completed prior to completion on Task Manager;Providing other administrative support as required for credit/or fulfillment activities.

 

  • Ensuring adherence to the Bank’s Anti-Money Laundering program, Know Your Customer requirements and Guidelines for Business Conduct, by reporting any unusual occurrences or fraudulent activities per established procedures

 

 

What you need to succeed...

  • Sound credit skills (must be able to write up deals, spread financials, assess risk and draw conclusions).
  • Intermediate accounting and financial statement analysis.
  • Solid problem solving skills and solutions oriented.
  • Good written and verbal communication skills.
  • Good knowledge of the industry lines the DFC is serving (Automotive floor planning, wholesale leasing and commercial real estate.
  • Good knowledge of all commercial lending products
  • Ability to use personal computer programs; Word & Excel, and relevant specialized software (examples:  SDL, Task Manager, RA).

 

 

What we’re offering…

  • Work in a standard office-based environment; non-standard hours are a common occurrence.
  • The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
  • A competitive compensation and benefits package.
  • 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. You’ll be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.
  • You’ll receive clear, transparent criteria to progress in your career.

 

Location(s):  Canada : Ontario : Hamilton 

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. If you require technical assistance, please click here. 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.

  • Senior Analyst, Credit Analysis Support Team

    2 weeks ago

    Hamilton, Canada Scotiabank Full time

    Requisition ID: 200999 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. What your role will be... Senior Analyst, Credit Analysis & Support Team - Automotive Finance (Hamilton, ON) The Senior Analyst, Credit Analysis & Support Team is responsible for contributing to the profitable growth and...

  • Senior Analyst, Credit Analysis Support Team

    6 days ago

    Hamilton, Ontario, Canada Scotiabank Full time

    Requisition ID: 200999 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. What your role will be... Senior Analyst, Credit Analysis & Support Team - Automotive Finance (Hamilton, ON) The Senior Analyst, Credit Analysis & Support Team is responsible for contributing to the profitable growth and...

  • Senior Analyst, Credit Analysis Support Team

    2 weeks ago

    Hamilton, Canada Scotiabank Full time

    Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Title:  Senior Analyst, Credit Analysis Support Team Requisition ID: 200999Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. What your role will be... Senior Analyst, Credit Analysis & Support...

  • Senior Analyst, Credit Analysis Support Team

    2 weeks ago

    Hamilton, Canada Scotiabank Full time

    Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Title:  Senior Analyst, Credit Analysis Support Team Requisition ID: 200999Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. What your role will be... Senior Analyst, Credit Analysis & Support...

  • Analyst, Credit Analysis

    2 weeks ago

    Hamilton, Canada Scotiabank Full time

    Requisition ID: 201354 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **What your role will be** The Analyst, Credit Analysis & Support Team is responsible for contributing to the profitable growth and quality of the Commercial Automotive portfolio by performing credit administration tasks to the...

  • Analyst, Credit Analysis

    4 weeks ago

    Hamilton, Canada Scotiabank Full time

    Requisition ID: 180367 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose** The Analyst, Credit Analysis & Support Team is responsible for contributing to the profitable growth and quality of the Commercial Automotive portfolio by performing credit administration tasks to the highest standard...

  • Analyst, Credit Analysis

    6 days ago

    Hamilton, Ontario, Canada Scotiabank Full time

    Requisition ID: 201354 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. What your role will be... The Analyst, Credit Analysis & Support Team is responsible for contributing to the profitable growth and quality of the Commercial Automotive portfolio by performing credit administration tasks to the...

  • Credit Analyst

    4 weeks ago

    Hamilton, Canada Stelco Full time

    _With a legacy that spans over 100 years, Stelco is company that has grown along with Canada and its global partners. We understand that twenty-first century competition demands the highest quality products, period. So, Stelco is bringing together the people, technology, and unmatched market knowledge to, once again, take on that challenge from here at...

  • Credit Analyst

    2 months ago

    Hamilton, Canada GFL Environmental Inc. Full time

    GFL Environmental is looking for a Credit Analyst to join our team based out of the Hamilton area! This individual will be responsible for the credit adjudication of incoming new accounts, plus the review of existing accounts, and work order releases. **Key Responsibilities**: Maintain relationships with the business to ensure mitigated risk on incoming and...

  • Business Analyst/Senior Business Analyst, Commercial

    4 weeks ago

    Hamilton, Ontario, Canada FirstOntario Credit Union Full time

    Why FirstOntario?FirstOntario Credit Union is one of the largest credit unions in Ontario. We are a trusted co-operative financial institution dedicated to providing competitive banking products and services and a quality Member service. More than 126,000 Ontarians choose FirstOntario for their financial needs - from chequing and savings accounts to loans...

  • Business Analyst/Senior Business Analyst, Commercial Services

    6 days ago

    Hamilton, Ontario, Canada Firstontario Credit Union Limited Full time

    Why FirstOntario? FirstOntario Credit Union is one of the largest credit unions in Ontario. We are a trusted co-operative financial institution dedicated to providing competitive banking products and services and a quality Member service. More than 126,000 Ontarians choose FirstOntario for their financial needs - from chequing and savings accounts to loans...

  • Business Analyst

    2 months ago

    Hamilton, Canada Healthcare & Municipal Employees' Credit Union Full time

    **Position Vacancy** **Job Title**: Business Analyst **Job Status**: Regular Full-Time **Location**: Head Office / Hybrid or Remote Work Available **One (1) Vacancy** **Introduction** Are you someone who takes pride in creating efficiencies and wants to develop or improve on existing processes? If you answered yes to both of these questions then...

  • Internal Communications Specialist

    2 weeks ago

    Hamilton, Canada FirstOntario Credit Union Full time

    **Why FirstOntario?** FirstOntario Credit Union is one of the largest credit unions in Ontario. We are a trusted co-operative financial institution dedicated to providing competitive banking products and services and a quality Member service. More than 118,000 Ontarians choose FirstOntario for their financial needs - from chequing and savings accounts to...

  • Business Process Analyst

    3 weeks ago

    Hamilton, Canada Healthcare & Municipal Employees' Credit Union Full time

    **Position Vacancy** **Job Title**: Business Process Analyst **Job Status**: Regular Full-Time **Location**: Head Office / Hybrid or Remote Work Available **One (1) Vacancy** **Introduction** Are you someone who takes pride in creating efficiencies and wants to develop or improve on existing processes? If you answered yes to both of these questions...

  • Credit Analyst

    2 months ago

    Hamilton, Canada Taylor Steel Inc Full time

    **Taylor Steel Inc.** is a progressive, customer driven leader in the flat-rolled steel processing industry, located in Stoney Creek, Ontario. **Opportunity**: Credit Analyst Contract, Full Time **Responsibilities**: - Assess and monitor credit risk associated with new and existing accounts; - Establish and approve limits and payment terms in accordance...

  • Analyst, Credit Analysis

    4 weeks ago

    Hamilton, Canada Scotiabank Full time

    Requisition ID: 180367 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose** Contributes to the overall success of the Lending Services department of Scotia Dealer Advantage in Canada ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s...

  • Senior Analyst, Commercial Banking

    3 weeks ago

    Hamilton, Canada Firstontario Credit Union Limited Full time

    Why FirstOntario? Competitive compensation packages Top-tier health and wellness benefits, along with both a Health Spend Account ($500/yr) and a Personal Spend Account (up to $125/yr) Up to $1000 per year towards professional development Pension Plan Company-wide Employee Volunteer program (Blue Wave Program) Employee and Family Assistance...

  • Senior Analyst, Commercial Banking

    3 weeks ago

    Hamilton, Canada Firstontario Credit Union Limited Full time

    Why FirstOntario? Competitive compensation packages Top-tier health and wellness benefits, along with both a Health Spend Account ($500/yr) and a Personal Spend Account (up to $125/yr) Up to $1000 per year towards professional development Pension Plan Company-wide Employee Volunteer program (Blue Wave Program) Employee and Family Assistance...

  • Senior Analyst, Commercial Banking

    3 weeks ago

    Hamilton, Canada Firstontario Credit Union Limited Full time

    Why FirstOntario? Competitive compensation packages Top-tier health and wellness benefits, along with both a Health Spend Account ($500/yr) and a Personal Spend Account (up to $125/yr) Up to $1000 per year towards professional development Pension Plan Company-wide Employee Volunteer program (Blue Wave Program) Employee and Family Assistance...

  • Senior Analyst, Commercial Banking

    3 weeks ago

    Hamilton, Canada Firstontario Credit Union Limited Full time

    Why FirstOntario? Competitive compensation packages Top-tier health and wellness benefits, along with both a Health Spend Account ($500/yr) and a Personal Spend Account (up to $125/yr) Up to $1000 per year towards professional development Pension Plan Company-wide Employee Volunteer program (Blue Wave Program) Employee and Family Assistance...