Credit Analyst, Canadian Business Banking (Contract to Jan. 31, 2024)

Requisition ID: 173350

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

Credit Analyst – Canadian Business Banking (Contract ending Jan. 31, 2024)

Purpose

Contributes to the overall success of the Benchmark Rate Reform (“BRR”) project for the Canadian Bank, ensuring project plans and initiatives are executed / delivered in support of the team’s business strategies and objectives. The incumbent will be responsible for supporting the Senior Manager & Director, to manage impacted business lines within Canadian Banking, along with service partners in Pricing & Revenue Optimization, Group Treasury, Commercial Global Engineering, Global Operations, Global Risk Management, Compliance, and Legal to deliver a smooth transition for project implementation. The role provides the unique opportunity to deal with multiple stakeholders at various levels of the organization.

Accountabilities

• 
  Works in collaboration with multiple stakeholders across the organization to ensure Canadian Business Banking’s project requirements are prioritized and successfully implemented.
• Review and validate client contracts (i.e., Credit Agreements, Commitment Letters, Banking Agreements) to verify “fallback and implementation” language related to replacement rates for BRR and ensure accuracy of associated loan data (training will be provided).
• Maintains tracking documents related to client contract remediation (i.e., loan contract tracing, pulling data from specialty systems, and client communication lists) to ensure delivery of timely reporting and adherence to project timelines. The incumbent is responsible for providing prompt and sound recommendations in the analysis and presentation of said reports.
• Maintain presentation and dashboarding materials to inform the line of business and enterprise program office as to the overall status of project activities.
• The incumbent is expected to independently manage their own time and resolve or escalate any issues promptly.
• Actively pursues effective and efficient operations of their 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 customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.

Education / Experience:

#IN-CB

#LI-Hybrid

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. 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.