Analyst Trade Finance Operations

Scotiabank•Toronto, ON

2d•Onsite

About The Position

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., 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.

Requirements

Thorough knowledge of Bank's regulations, policies, procedures, operations and functions
Good knowledge of Trade and Supply Chain Finance products, processes and related documentation
Working knowledge of CGI Trade360 Trade Processing System and BESS
Working knowledge of AS400 Fax application, Adobe Acrobat, Word, Excel and Outlook
Working knowledge of the Bank AML and Compliance policies and procedures
Highly developed Customer Service skills allowing direct communications with clients
Possess professional negotiating and communication skills (verbal and written)
Time management and prioritization skills are critical
Strong attention to details and accuracy in reviewing and processing entries
Ability to remain calm and productive during high pressure situation
Ability to work in a group being flexible and committed to success of the team

Responsibilities

Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Provides superior service and supports to the customers of Trade and Supply Chain Finance department by Distributing incoming and outgoing mail correspondence used in daily operations. Scans received documents into Trade Processing System and arranges secure storage of the original documents pending distribution to the teams or waiting to be couriered.
Reviews and routes Trade-related BESS and Trade360 incoming SWIFT messages to the different TSCF teams and promptly performs necessary investigations to have the messages distributed to the processing teams in shortest possible time.
Creates Work Items for Standby/Guarantee team based on customers' requests received by mail, email or fax and routes them for further processing.
Promptly and professionally responds to requests received from internal and external clients providing guidance, where necessary.
Distributes generic email messages and incoming fax messages to respective processing teams.
Responsible to receive the daily courier and update the courier log with necessary details.
Responsible for carrying out administrative task such as order stationery and other office supplies; ensure only authorized personnel entry the office.
Understands how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
Actively pursues effective and efficient operations of his/her 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 high performance culture and contributes to an inclusive work environment.
Responsible to carry out other duties and responsibilities as and when assigned by the Manager.