Company: Scotiabank
Location: Toronto, ON
Expected salary:
Job date: Sat, 12 Apr 2025 07:54:05 GMT
Job description: Requisition ID: 222802Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.Purpose:The Analyst contributes to the overall success of the Loan operations team located in Toronto, by managing a portfolio of medium to complex corporate loans and letters of credit where the Bank is the lead Agent Bank for a group of syndicate lenders or when the bank is providing a direct or bilateral financing for the customer.Is this role right for you? In this role, you will:
- Administers instructions by Agent banks on participation portfolio in the LATAM while managing and processing complex loans in LoanIQ and other platforms as used by team.
- Provides loan servicing and monitoring support for Syndicated loan portfolios including disbursements, handling interest and fee payments, rollovers, and maintaining accurate loan records.
- Conducts daily reconciliations of syndicated loans, resolving cash-breaks and discrepancies with the Agent banks.
- Reviews LoanIQ reports and conducts loan servicing activities to recognize and ensure that all exceptions to policies and procedures are brought to the attention of management for resolution when required.
- Promote the process improvement initiatives across the department.
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Champions 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.
- Ensure accuracy of work and apply due diligence as directed.
Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:
- Bilingual in Spanish and English is a requirement for this role.
- Finance or business-related studies or equivalent.
- Hands on experience with servicing corporate syndicated loans preferable.
- Solid working knowledge with MS Suite – Excel, Word, Power Point etc.
- Excellent organizational and communication skills (written and verbal).
- Attention to detail with problem solving and analytical skills.
Work Arrangement:
- Work in a standard office-based environment and remote as applicable; 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 : TorontoScotiabank 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 . 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.
