Assistant Manager, Loan Closing - CLS / GWO

Scotiabank•Toronto, ON

5d•Onsite

About The Position

The Assistant Manager, Loan Closing contributes to the success of the Loan Closing team by executing individual goals and initiatives that support team business strategies and objectives. This role ensures all activities comply with governing regulations, internal policies, and procedures. The incumbent handles a variety of operational duties including trade life cycle support, trade control/administration, FOBO reconciliation, STP monitoring, client onboarding, and client services. Assistant Managers are expected to perform as individual contributors, deliver high-quality output, support the Manager in daily activities and projects, and may guide junior team members while assisting with performance management.

Requirements

3 years post-graduate experience in industry or academia in capital markets, finance and banking and/or process improvement, business analysis, and solution implementation.
Solid knowledge/experience in banking/capital markets operations.
Excellent verbal and written communication skills.
Ability to negotiate, influence, and interact professionally with a diverse group of Front Office Users, QAs, Developers, and SMEs.
Demonstrated knowledge of analytical problem-solving and process engineering techniques (e.g., process mapping and analysis techniques).
Strong technical abilities including knowledge of basic software engineering principles.
Experience in SQL, VBA, Access, Excel.
Sound understanding of operational processes.
Result-oriented, deadline-driven, self-motivated.

Responsibilities

Operating independently, identifying and resolving issues with minimal oversight.
Making quick decisions and learning about the business/issues without necessarily having prior direct experience.
Championing a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
Championing a culture of continuous operational improvement by independently resolving complex, multi-faceted problems to meet business needs within the closing function, focusing on creating tangible/measurable operational efficiencies.
Performing daily operational activities in support of business lines with a focus on trade life cycle management and customer service, including Trade Capture & Trade Settlement, Limits Monitoring/Breach Management, Documentation/Confirmations, Operational Control, Onboarding & Enablement, assisting with Audit requests, and Reporting KRI/KPIs.
Actively pursuing effective and efficient operations while ensuring the adequacy, adherence to, and effectiveness of day-to-day business controls to meet obligations regarding operational risk, regulatory compliance risk, AML/ATF risk, and conduct risk.