Requisition ID: 264753
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
**12 month contract opportunity.
The Credit Solutions Associate (CSA) provides the Client Relationship Managers with end-to-end credit underwriting support for all growth clients in their assigned portfolio. This will include working with internal partners and directly reaching out to clients to address various activities such as collection/processing of financial reporting, satisfaction of funding requirements, onboarding needs and resolution of escalated client challenges. The role is specific to the Growth Segment and the less complex Core clients in Commercial Banking Distribution.
Is this role right for you? In this role, you will:
Credit Analysis and evaluations:
- Conduct thorough credit analysis and evaluation of loan applications including required due diligence from commercial clients.
- Assess the financial health, creditworthiness, and risk profile of potential borrowers.
- Prepare detailed credit reports and recommendations for credit approval or denial.
- Analyze financial statements, credit reports, and other relevant documentation to identify potential risks and opportunities.
- Monitor and manage the credit risk portfolio, ensuring compliance with the bank’s risk management policies and procedures.
- Identify and mitigate potential credit risks through proactive monitoring and analysis.
- Contact clients for financial reporting and spread Financial Statements, Projections and Borrowing bases, review results, escalate any signs of deterioration and update appropriate systems.
- Ensure all documentation is organized, accessible, and compliant with the bank’s record keeping policies.
- Ensure all credit analysis and evaluation processes comply with relevant regulatory requirements, internal process, policy and guidelines.
- Stay up to date with changes in regulatory frameworks, internal process, policy, guidelines and industry best practices.
Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if:
Thorough knowledge of the applicable software and technology platforms for Commercial (e.g., Sales Force, Intralink, Teams).
** Former job title: Credit Analyst.
Location(s): Canada : Alberta : Edmonton
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.
