Requisition ID: 217846
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Credit Analyst contributes to the overall success of the Commercial Bank in Canada, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives while also ensuring all activities are conducted in compliance with governing regulations, internal policies, and procedures.
The incumbent provides support needed to service client requirements and new asks. This will include coordinating efforts with internal partners and directly reaching out to clients to address various activities such as collection/processing of financial reporting, satisfaction of funding requirements, onboarding needs and resolution of escalated client challenges.

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

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• The Credit Analyst is responsible for providing the following services to a portfolio of existing and prospective clients:
• Deal Structuring & Credit Adjudication:
  • Responsible for preparation of Credit Presentations.
  • Assist with diligence and any other requirements necessary to obtain approvals.
  • Ensure client files are complete and appropriately documented in various systems (e.g., SDR, e-tracker, etc.) and
  • Work hand in hand with the Sr. Credit Solutions Manager, if and when applicable, on larger more complex credit structuring deals.
• Fulfilment & Funding:
  • Coordinating efforts with the client and various internal partners (e.g.,RBBO - BSC, EDDU, CRA, GBM) to ensure loan fundings are fulfilled as per customer expectations.
  • Assist with completion of conditions precedent
• Portfolio Monitoring:
  • General support as necessary in the annual review process and other credit- related situations needed to maintain portfolio quality.
  • Contact clients for financial reporting and spread Financial Statements, Projections and Borrowing bases, review results, escalate any signs of deterioration and update appropriate systems.
• Servicing: Working closely with and supporting from time to time the (Sr)CRM and Service Specialist (SS) with servicing, non-credit and other servicing activities "as requested" from time to time i.e., onboarding efforts, escalations etc.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively 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.
• Champions a high-performance environment and contributes to an inclusive work environment.

Do you have the skills that will enable you to succeed in this role? – We'd love to work with you if you have:

• College/University degree or equivalent work experience
• Strong commitment to excellent client service and ability to work with clients to resolve issues in an amicable and prompt manner
• Strong organizational and interpersonal skills
• Strong written and verbal skills with proven ability to engage stakeholders and clients.
• Fluency in French (spoken and written) will be considered an asset
• Strong knowledge of Onboarding, Know Your Customer, Anti Money Laundering processes
• Working knowledge of Financial Statements and credit analysis
• Working knowledge of credit structures and applicable risk management
• Good knowledge of fulfilment processes and roles of partners
• Working knowledge of the features and benefits of Commercial products and services
• A high degree of flexibility to adapt to a wide variety of tasks
• Strong commitment to accuracy, customer focus and results focus

What we're offering…

• The opportunity to join a forward-thinking organization surrounded by a collaborative team of innovative thinkers
• A rewarding career path with diverse opportunities for professional development
• A competitive compensation and benefits package
• Internal training to support your career growth and enhance your skills
• An organization committed to making a difference in our communities – for you and our customers

Location(s): Canada : Ontario : Ottawa
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.