Title:  Senior Manager, Commercial Credit

Requisition ID: 267900 

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

The Senior Manager, Commercial Credit, will ensure credit adjudication, control activities and related processes are conducted within a strong risk culture, focusing on emerging risks and within risk appetite. They will also provide objective oversight and effective challenges, enable capital optimization, ensure ongoing monitoring, and partner with business lines to develop effective strategy.

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

• Adjudicate and/or authorize credit requests up to assigned limits; make sound recommendations within the Bank risk appetite and in adherence to our policy and standards.
• Evaluate financial and non-financial risks for an accurate client risk profiling, and challenge banking strategies ensuring compliance with bank policies and regulatory requirements.
• Perform risk assessment and rating assignment, timely monitoring changes of client’s creditworthiness, and recommending adequate course of action.
• Act as an advisor partner for Mid-Market Commercial Banking.
• Play an integral role in the client relationship experience by collaborating effectively with Banking, providing feedback to ensure a cohesive and efficient client experience while managing risk effectively.
• Provide proactive and ongoing monitoring of assigned portfolio ensuring adherence to all compliance metrics of the loan portfolio is managed effectively within defined KPI.
• Support effective and efficient operations, 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.
• Exemplify a culture of risk awareness, accountability, effective challenge supporting a client centric culture, provide coaching and an attractive value proposition for talent.

Do you have the skills that will enable you to succeed?  We’d love to work with you if you have experience with:

• Minimum of 5 years of experience in financial analysis or credit adjudication.
• Minimum Post Secondary Education completed in business or related area.
• Extensive experience in complex financial analysis.
• Good understanding of Bank lending policies and procedures, financial analysis, risk assessment techniques, credit structuring, collateral and security documentation and registration, collection, related legislation and accounting practices.
• Proven credit judgment.
• Proven ability in administering a Commercial credit portfolio.
• Strong negotiation and problem resolution skills.
• Strong communication skills, written and verbal, in order to produce informative, concise and professional credit replies, presentations and correspondence.
• Strong organizational skills and the ability to prioritize work effectively and efficiently.
• Strong coaching and counseling skills.

What’s in it for you?

• The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
• A rewarding career path with diverse opportunities for professional development.
• Internal development to support your growth and enhance your skills.
• A competitive compensation and benefits package.
• An organization committed to making a difference in our communities– for you and our customers.
• We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!

Location(s):  Canada : British Columbia : Vancouver || Canada : British Columbia : Langley 

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.