Requisition ID: 221647

Roynat Capital, a wholly owned subsidiary of Scotiabank, is a national lender and investor with expertise in providing innovative long-term capital solutions for mid-sized companies utilizing senior term, subordinated debt, as well as mezzanine capital and common share equity. We provide tailored solutions to clients for acquisitions, business expansions, wealth monetization, and working capital enhancement. With a national presence in Canada in major markets, Roynat assists growth-oriented companies in reaching their goals across a wide range of industries.

Purpose

The Technology and Innovation Banking team at Roynat Capital is a specialized practice that supports fast growing Canadian technology companies with all their banking needs; from seed to exit. With lived industry experience in the Canadian technology ecosystem, our dedicated team provides comprehensive banking services, specifically tailored for this industry's needs. We are deeply focused on helping founders and investors scale and succeed.

The Associate Director, Portfolio Monitoring and Analytics is accountable for proactive portfolio management, overseeing the monitoring, reporting and analysis of the group's client and credit portfolio. Reporting to the Director, Strategy and Operations, you will have an in-depth specialization in portfolio monitoring, analytics and reporting. The Associate Director will contribute to the development of tools, routines and processes to ensure sound and proactive portfolio management. You will be required to remain informed on market, sector, and competitive trends. In addition, you will engage with key stakeholders to build relationships and develop insights on technology portfolio performance, quality and trends.

Accountabilities:

Ensures the ongoing quality of the assigned credit portfolio through monitoring, analysis, controls and administration by:

• Establishing appropriate processes and procedures to drive portfolio oversight, evaluation, and ensure portfolio growth conforms to strategic portfolio and business objectives.

• Responsible for the proactive monitoring, reporting and analysis of clients and Technology credit portfolio, including strategic portfolio design.

• Working with key stakeholders on strategic initiatives related to portfolio management.

• Supporting the updates and maintenance of credit related tools, routines and documents on behalf of the practice.

• Responsible for ensuring client reporting, covenant testing and borrowing base calculations adhere to the Bank's standards.

• Drive proactive portfolio management through analytics, trend spotting and use of internal systems.

• Ownership of internal credit-related reporting.

• Directing and assisting in the detailed evaluation of all information received, reporting deficiencies or any negative findings to Senior Management.

• Ongoing coaching of Analysts for various portfolio monitoring and analytical tasks.

• Adhering to any regulatory and internal Bank policies and requirements as well as oversight of compliance reporting and controls related to credit; and

• Advising Senior Management of any credit weakness developing within individual accounts, by ongoing awareness and analysis of relevant financial, legal, political, technological and industry information.

Create reports and dashboards to communicate portfolio composition, trends and performance to key stakeholders.

Provides analytical support on a regular and ad-hoc basis to key stakeholders.

Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

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 in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.

Champions a high-performance environment and contributes to an inclusive work environment.

Reporting to: Director, Strategy and Operations, Technology and Innovation Banking.

No direct reports.

Dimensions:

The role requires the execution of cross-disciplinary work across functional areas that facilitates the completion of portfolio management.

The incumbent will be required to communicate effectively with colleagues within TIB and other functional areas.

The incumbent could represent the Group in periodic meetings that are focused on mechanics and communicate well with a wide range of participants including, on occasion, senior management.

The environment is fast paced and demanding and will at times require priorities be re-adjusted to accommodate urgent requests.

Education / Experience / Other Information:

• Bachelor's degree with seven or more years of commercial or corporate banking experience.

Skills/Work Experience:

• Advanced knowledge of credit analysis, with strong understanding of the capital structure of venture and non-venture backed technology companies.

• In-depth knowledge of portfolio management practices including expertise in evaluating risk and managing changing situations.

• In-depth knowledge of banking products, services, lending policies, practices and procedures.

• Strong interpersonal skills with the ability to effectively articulate their views to all levels within the Bank; and

• Strong team management and mentorship skills to ensure a highly engaged environment which promotes ongoing development, learning and collaboration.

Working Conditions:

Work in standard office-based environment; non-standard hours are a common occurrence. Limited travel domestically.

Location(s): Canada : Ontario : Toronto || Canada : British Columbia : Vancouver

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. Candidates selected for an interview will be contacted directly. If you require accommodation during the recruitment and selection process, please let us know. We will work with you to provide as seamless a recruitment experience as possible.