Share this Job

Please be advised that our Careers site will be unavailable from November 28 at 12am ET to November 29 12am ET for scheduled system maintenance.

Title:  Analyst Intern, Credit Analysis & Support Team, Credit Solutions, Commercial Automotive - Hamilton 1

 

 

 

Requisition ID: 132103

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

 

 

 

Analyst Intern, Credit Analysis & Support Team, Credit Solutions, Commercial Automotive - Hamilton

Winter 2022 (January-April)

 

 

Why work for Scotiabank?


Scotiabank is among the largest banks in the world and the most international bank in Canada. We are powered by our 97,000 high-performing (and awesome) teammates who make a real difference across the globe as a leading provider of advice, products, digital experiences, and financial services. Together with our Digital Factories around the world, we are dedicated to helping our 25 million customers become better-off.

 

This is a place where you’ll get to learn and develop your skills, while being recognized for your hard work. At Scotiabank, we’re passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy. Say hello to a career at Scotiabank!

 

 

Who We Are:

 

The Analyst, Credit Analysis & Support Team, located in Hamilton Ontario,  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.

 

Who we are looking for?

 

  • Basic credit skills including familiarity with writing up deals, spreading financial statements, assessing risk, financial modeling and drawing conclusions
  • Intermediate accounting and financial statement analysis
  • Solid problem-solving skills and solutions oriented
  • Well organized and ability to multi-task
  • Interpersonal skills to effectively interface with customers
  • Good knowledge of all commercial lending products
  • Ability to use personal computer programs; Word & Excel, and relevant specialized software Such as SDL, Task Manager and RA

 

You will:

 

  • Process and Analyze Customer Reporting items
  • Maintaining a complete monitoring system 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 including 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 manner as per authorized frequency requirements
  • Performing trend analysis to monitor the health of client accounts and help determine client risk ratings
  • Identifying and action customer reporting items that are overdue, and following up with customer for overdue items that are overdue
  • Escalating offside conditions, covenants and material deterioration
  • Updating Task Manager to identify offside reporting conditions and removing flag when authorized
  • Analyzing client files in Task Manager to determine annual review and rating refresh reporting items that are due
  • Preparing spreads of annual financial statements, and projections in RA
  • 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
  • Ensuring fees, pricing, IG and authorized limited changes are correctly processed as required and systems  are updated as required to reflect the information outlined in the Credit Authorization
  • Support the completion of conditions precedent and ensure all required steps are completed prior to completion on Task Manager
  • Liaising with syndicate banks in gathering due diligence and information required to complete analysis and answer questions
  • Providing other administrative support as required for credit or fulfillment activities
  • 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
  • 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/resolving 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
  • Providing other administrative support as required for credit or fulfillment activities
     

 

 

 

How do I apply?

 

For students, we believe evaluating you through relationships over resumes, and are focused on learning about who you are and what you’re interested in to uncover your true potential.  In short, we don’t believe resumes will provide us with an accurate depiction of what you’re truly about to properly assess your potential.  Instead, we want to get to know YOU and hear about the experiences that have shaped you. We know… this might sound crazy, but we do not want you to submit your resume instead we ask that as part of your application, you complete the below:

 

1) Complete your PLUM Profile here
2) Take a screenshot of your completed PLUM profile
3) Complete a very short one-way video interview by clicking 
here
4) When it prompts you to submit your resume, do not attach your resume! Instead, attach the screenshot of your PLUM profile under the "resume" section (step #2 above). Cover letters are optional – not required.
 
**To be considered for student opportunities at Scotiabank you must submit your PLUM Assessment and Video Interview. **

 

 

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.


Job Segment: Credit, Credit Analyst, Intern, Banking, Finance, Entry Level, Automotive