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Scotiabank
Manager, Commercial CreditScotiabank • Toronto, ON, CA
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Manager, Commercial Credit

Manager, Commercial Credit

Scotiabank • Toronto, ON, CA
30+ days ago
Job type
  • Full-time
Job description

Is this role right for you?

In this role, you will:

  • Adjudicate credit requests up to assigned limits; make sound recommendations within the Bank risk appetite and in adherence to our policy and standards.
  • Evaluate financial and non-financial risks for accurate client risk profiling, and challenge banking strategies and ensuring compliance with bank policies and regulatory requirements.
  • Provide risk assessment and rating assignment, timely monitoring changes in client’s creditworthiness, and recommending adequate course of action.
  • Understand economic, political and regulatory framework and how it impacts the assigned portfolio.
  • Recommend potential actions.
  • Play an integral role in the client relationship experience by collaborating effectively with Banking, providing feedback to ensure a cohesive and efficient client experience while managing risk effectively.
  • Ensure adjudication process is achieved within the established SLA parameters.
  • Validate GRM critical data elements in credit systems which feed capital and provisions.
  • Support innovation and digitize risk processes, improving accuracy of and speed of credit decisions and operational efficiencies.
  • Provide proactive and ongoing monitoring of Early Warning Signs and sectorial/market trends, to ensure timely actions on assigned portfolio.
  • Work with Banking to ensure adherence to all compliance metrics of the loan portfolio is managed effectively within defined KPI.
  • Support 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.

Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with:

  • Minimum of 3 years of experience in financial analysis or credit adjudication.
  • Minimum Post-Secondary Education completed in business or related area.
  • Understanding of Bank lending policies and procedures, financial analysis, risk assessment techniques, credit structuring, collateral and security documentation and registration, collection, related legislation and accounting practices.
  • Proven credit judgment.
  • Proven ability in administering a Commercial credit portfolio.
  • Good negotiation and problem resolution skills.
  • Good communication skills, written and verbal, to produce informative, concise and professional credit replies, presentations and correspondence.
  • Good organizational skills and the ability to prioritize work effectively and efficiently.
  • Good coaching and counseling skills in credit.

What’s in it for you?

  • The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
  • A rewarding career path with diverse opportunities for professional development.
  • Internal development to support your growth and enhance your skills.
  • A competitive compensation and benefits package.
  • An organization committed to making a difference in our communities– for you and our customers.
  • We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!
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Manager, Commercial Credit • Toronto, ON, CA

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