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Title:  Senior Credit Solutions Analyst - Dealer Finance Centre - Hamilton, ON




Requisition ID: 171779

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




The Senior Analyst, Credit Analysis & Support Team 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. The Senior Analyst will also be responsible for credit tasks, including supporting Sr. CSMs and CSMs in preparation of credits.





Process and Analyze Customer Reporting items (interim and annual) by:

Maintaining a complete monitoring system (i.e. “Task Manager”) 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 (this includes 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 and timely manner as per authorized frequency requirements

Performing trend analysis to monitor the health of client accounts and help determine client risk ratings;

Identifying and actioning customer reporting items that are overdue, and following up with customers for overdue items that are between 0 and 60 days overdue. The objective is to minimize the number of items outstanding beyond 60 days which would otherwise need to be escalated;


Supporting the offside conditions / material deterioration processes by:

Escalating offside conditions, covenants and material deterioration

Updating Task Manager to identify offside reporting conditions and removing flag when authorized


Support the Annual Review process and preparation of credit correspondence by:

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;

Performing structuring and analytical functions, along with other due diligence activities on deals;


Assisting with credit tasks to support Sr. CSMs and CSMs in the preparation of credits.

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/resolved 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 (if Scotiabank is agent).

Support the completion of conditions precedent and ensure all required steps are completed prior to completion on Task Manager;Providing other administrative support as required for credit/or fulfillment activities.


Ensuring adherence to the Bank’s Anti-Money Laundering program, Know Your Customer requirements and

Guidelines for Business Conduct, by reporting any unusual occurrences or fraudulent activities per established procedures



Education / Experience / Other


  • Sound credit skills (must be able to write up deals, spread financials, assess risk and draw conclusions).
  • Intermediate accounting and financial statement analysis.
  • Solid problem solving skills and solutions oriented.
  • Good written and verbal communication skills.
  • Good knowledge of the industry lines the DFC is serving (Automotive floor planning, wholesale leasing and commercial real estate.
  • Good knowledge of all commercial lending products
  • Ability to use personal computer programs; Word & Excel, and relevant specialized software (examples:  SDL, Task Manager, RA).



Working conditions


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


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.

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