Requisition ID: 266598
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose:
The Senior Manager, Credit Execution supports the Commercial National Office in achieving its goals for Canadian Commercial Banking.
In this role you will be responsible for leading and developing initiatives to achieve efficient and effective credit and operational processes; often leveraging large quantities of data from multiple sources and formats. This is accomplished by identifying strategic opportunities through ongoing collaboration with various internal partners such as the BSC, GRM, PCM, GBM, E.O., Legal, Audit, Group Treasury, etc. while ensuring all activities are conducted in compliance with governing regulations, internal policies and procedures.
Accountabilities:
- Provides ongoing centralized support for all credit matters/solutions working with the first line across the Commercial Bank
- Primary responsibilities include development and oversight of Canadian Commercial Banking lending programs; ensuring programs appropriately balance overall business objectives and the Bank’s credit risk appetite.
- Establishes measurable KPI’s and tracks ongoing performance
- Proactive oversight of all credit documentation templates, maintaining close rapport with the field, BSC, GRM and E.O. Legal to ensure documentation needs are addressed and effectively communicated
- Additional focus is placed on developing and sustaining ad hoc reporting items to support the business line in achieving its goals
Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
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Credit and Operational:
- Design and develop strategic solutions for Canadian Commercial Banking credit and operational processes
- Ensure each initiative is implemented efficiently within audit, compliance and operational standards to minimize risk to the Bank
- Ensure initiatives impacting Commercial Banking and its partners maintain a client-centric focus, with the ultimate objective to improve the client experience
- Implement streamlined operational process for productivity gains
- Work closely with compliance partners to assess procedures for effectiveness and recommend amendments to improve credit and/or quality
Communicate updates or new requirements arising from completed initiatives in a well-organized manner in person, via Webcast or through use of SharePoint and any other specific internal applications
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Reporting:
- Develop and maintain ongoing reporting derived from multiple sources and formats of data for portfolio management and program measurement purposes
Perform reasonability tests to ensure accuracy and credibility of data used to support decision- making and administration of portfolio management.
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Projects:
- Designing, delivering and implementing assigned projects to contribute to credit and operational effectiveness of Canadian Commercial Banking
- Participate in project teams initiated by other departments which will have an impact on Canadian Commercial Banking
- Overseeing/coordinating partner socialization around major themes of change and proposed initiatives
- Escalating issues / obstacles / trends to senior leaders as appropriate, with recommendations / solutions
- Developing business cases to obtain approvals and managing project plans and clearly communicating expectations and goals to all team members and stakeholders
- Leading the development and ongoing tracking/reporting of project metrics (project dashboards)
Ensuring ongoing communication of project status, completing monthly status reports and escalating issues, as required, to the Director
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Other:
- Develop and prepare clear and succinct business cases to support new initiatives
- Prepare recommendations on assignments and projects delegated by senior leadership
- Other ad hoc reporting requests supporting compliance, portfolio management, etc
- Contribute to Canadian Business Banking newsletters and communications as required
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions
- Actively pursue effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring 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 contributes to an inclusive work environment.
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Dimensions:
- Expected to exercise a high degree of independent judgment and work closely with BNS Compliance, Internal Audit, General Counsel, Global Risk Management, &/or other relevant areas of the Bank as may be required, in order to ensure issues are properly handled and managed
Supports all lines of business within Canadian Commercial Banking – Distribution (Agricultural Banking, Leasing, Payments & Cash Management); Real Estate Banking (National Accounts, ABL, PESCG), Roynat, Operations and Executive Head Office: Supporting +1,000 Team Members across the Business Line
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Education / Experience / Other Information:
- Undergraduate degree required in Business / Commerce / Economics – MBA / CPA / CFA preferred
- Strong knowledge of lending products, including trade finance, as well as knowledge of products such as F/X, Derivatives and Cash Management
- 5 - 7 years of progressive experience in Commercial Banking and Risk Management
- High proficiency with all MS Office products with the ability to complete a variety of specific analyses concerning a range of topics, quickly and efficiently, and on an ad hoc basis
- Strong knowledge of systems such Salesforce, nCino, Precision Lender, Moody’s Risk Analyst, Power BI
- Awareness of macro business trends, economic, technological, legal and compliance factors affecting Canadian Business Banking
- Highly organized and analytical with strong problem solving and project management skills
- Solid understanding of Canadian Business Banking workflow processes and the differing information needs of both credit and banking units
- Demonstrated ability to propose and execute solutions to new developing requests
- Strong oral and written communication skills, including presentation, facilitation, influencing and negotiation to work under tight deadlines with competing demands and priorities
Ability to work effectively with stakeholders at all levels of the organization and deliver messaging on key initiatives to senior leadership.
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Working Conditions:
- Works in a standard office environment
- Ability to work non-standard hours, as per business needIhave reviewed and understand the key accountabilities of my role.
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.
