Title:  Assistant Manager, Supply Chain Finance

Requisition ID: 240078

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

Purpose:

The incumbent is responsible for reviewing and approving Supply Chain Finance transactions, to provide a high level of Customer Service and contribute to the overall success of the Supply Chain Finance Services Centre, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.
 

Is this role right for you? In this role, you will:

•    Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

•    If required, process transactions within a wide range of complexity. These may include, but not limited to Payable Finance products, Trade receivable purchase products, Trade Loans or other Trade and Supply Chain Finance Structured Products.

•    Thoroughly review and release transactions prepared by the SCF Analysts, making sure that they fall within the authorized limit, and escalate to the SCF Manager, if necessary.

•    Operate various platforms and systems needed in order to perform daily functions: BESS, Input Facility, CorrRisk, CGI-T360, Prime Revenue, ACBS, Scotia Connect, etc.

•    Exhibit ample understanding of all the facility structures and verify that all transactional documentation is complete, compliant and appropriately authorized

•    Perform (or assist with) the balancing of the G/Ls entries and the loans under each facility. Prepare regular monthly and ad-hoc reporting

•    Contribute to the set up and maintenance the Facilities and Transactions Check list, the Shared Drive, Group email, Customer and Facility Folders

•    Respond promptly and effectively to requests from customers, SCF Sales team and escalate any concerns and complaints to the Manager and Senior Manager in order to propose workable solutions

•    Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

•    Actively 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.

•    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.

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

 
•    University Undergraduate Degree in Finance or business-related studies or equivalent.
•    Expert knowledge of Supply Chain Finance products and services
•    Strong working knowledge of Bank’s AML and Compliance policies
•    Advance computer skills, particularly MS Office Suite - Excel, Access, Word, Power Point, etc.

Work Arrangement:

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

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 : Toronto 

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.