Retail Lending Officer - Hamilton, ON

Scotiabank • Montreal, QC

1d • Onsite

About The Position

Join a purpose-driven winning team, committed to results, in an inclusive and high-performing culture. This role contributes to the overall success of the Lending Services department of Scotia Dealer Advantage in Canada, ensuring specific individual goals, plans, and initiatives are executed/delivered in support of the team’s business strategies and objectives. It also ensures all activities conducted are in compliance with governing regulations, internal policies, and procedures.

Requirements

• Direct experience in prime or non-prime financing adjudication preferred.
• Knowledge of MS Word, Excel, credit decisioning and loan application software.

Responsibilities

• Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Contributes to loan growth and profitability by analyzing customer loan applications from Dealers and determining customer affordability by reviewing customer credit history, employment, and income according to established guidelines.
• Performs structured and analytic functions on loan applications through the Business Line’s credit decisioning system.
• Completes risk assessments and develops recommendations as to the appropriate course of action for customer loan applications.
• Conducts analysis to support pricing and/or fee recommendations for loan applications and analyzes, processes, and recommends loan amendments or pricing concessions requests from dealers.
• Ensures sound and timely due diligence in loan underwriting by ensuring customer loan applications from Dealers are properly and accurately investigated, evaluated, and documented.
• Follows up on outstanding loan-related information and manages the credit review process for assigned loan applications.
• Refers exception credit situations to the Manager, Credit as required for speedy escalation and equitable resolution through GRM ACE.
• 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 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 high-performance environment and implements a people strategy that attracts, retains, develops, and motivates their team by fostering an inclusive work environment, communicating vision/values/business strategy, and managing succession and development planning for the team.

Benefits

• A competitive compensation and benefits package.
• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• An organization committed to making a difference in our communities– for you and our clients.
• Recognition and rewards for high-performance.
• Support from leadership through meaningful development conversations that enable faster advancement.
• Internal training to support growth and development.
• Clear, transparent criteria to progress in your career.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed