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Title:  Manager, Loan Review




Requisition ID: 69910



We are committed to investing in our employees and helping you continue your career at Scotiabank.






  • Leading and supporting U.S. Loan Review (USLR) team members in conduct of target reviews; continuous monitoring reviews and reporting.
  • Performing independent, objective and timely assessment of the U.S. Loan non-retail credit portfolio borrower relationships, credit risk ratings and credit risk controls.
  • Monitoring designated U.S. wholesale portfolio industry sectors.
  • Performing ancillary duties in support of USLR


Key Accountability:


  • Evaluate activities of lending transactions and Banking and Global Risk Management personnel to ensure compliance with risk ratings, policies, approvals, monitoring and risk assessments.    
  • Provide management with objective assessment of the assigned sector of the U.S. non-retail loan portfolio and ensuring emerging risks are identified and highlighted.
  • Assist with preparation, scoping, training and report writing for reviews in which they participate.
  • Assist the Director, USLR in executing the US Loan Review plan, providing financial and regulatory reporting and meeting regulatory requirements.
  • Provide insights and advisory collaboration to Global Banking and Markets and Global Risk Management on risk identification, credit risk management processes and regulatory guidance.
  • Interface with Internal Audit (U.S. & Toronto) as appropriate with respect to U.S. Loan reviews/audits, operations and administrative functions of USLR.
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Supports an environment in which his/her team pursues 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, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.


Education & Experience:


  • Bachelor’s degree or equivalent work experience with post graduate degree and/or CFA preferable.
  • Formal (bank, rating or bank regulatory agency, consulting, etc.) including ability to perform fundamental and comprehensive financial analysis of historical and projected financial statements.
  • Familiarity with risk based auditing standards, techniques and methodologies, a plus.
  • Minimum 4 years of experience (bank, rating agency, consulting, etc.) with credit experience across a variety of industries and credit structures, a plus.
  • Knowledge of U.S. regulatory environment and emerging risks.
  • Computer proficiency (MS Office) and ability to acclimate to Scotiabank proprietary systems.
  • Strong oral and written communication skills.
  • Ability and willingness to articulate well supported credit opinions, including those divergent from banking and credit officers/staff.
  • Collaborative approach to work with USLR team and with banking and credit officers/staff.
  • Capacity to manage competing project priorities and a diverse workload.
  • Strong interpersonal skills, strong work ethic, and self-motivated.
  • Ability to accept accountability and demonstrate initiative.  



Location(s):  United States : New York : New York City 

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.


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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