Title:  Associate, Supply Chain Finance, Global Transaction Banking - Toronto, ON

Requisition ID: 201116

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

Global Transaction Banking 

Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Small Business, Commercial and Corporate clients with effective treasury management solutions coupled with a best-in-class service model, making it easy for clients to do business with us.

As businesses build their digital capabilities and transform their operating models, their payment needs are evolving too. Boasting a unique global footprint, GTB’s comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline and simplify payments, improve working capital performance, and mitigate financial risk.

At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization.

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

Purpose
Contributes to the overall success of Scotiabank’s Supply Chain Finance (SCF) sales team ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures that all activities conducted are in compliance with governing regulations, internal policies and procedures
 

What You’ll Do

• Support multiple Associate Directors (ADs) in ensuring that business goals are achieved by retaining and increasing the overall profitability of the portfolio while maintaining an acceptable level of risk
• In conjunction with ADs, analyze new SCF opportunities, handle customer requests for amendments of existing credit facilities, complete risk assessments, prepare credit presentations and recommendations
• Lead end-to-end onboarding of new clients and programs by coordinating with internal partners (Execution, Operations, GTB Onboarding and KYC teams)
• Prepare and write new credit presentations and annual reviews for obligors covered by SCF, including permanent monitoring of financial performance
• Review credit/legal documentation in conjunction with senior team members, culminating in the closing of SCF transactions
• Support in the development of client presentations and proposals
• Influence a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
• Understand how the Bank’s risk appetite and risk culture should be considered in business decisions
• Actively pursue effective and efficient operations of your respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles
• Ensure the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk
• Champion a high-performance environment and contribute to an inclusive work environment

What You’ll Bring 

• University degree; MBA is preferred
• 3 years of related banking or business experience
• Experience on Credit and credit presentation
• Skills in risk assessment, financial analytical and structuring deals
• Excellent written and oral communication skills
• Legal document negotiation experience is preferred

Work Arrangement: 

• Work in a standard office-based environment; non-standard hours may be required from time-to-time.  

#LI-Hybrid

Interested? 
If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank! 
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s 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.