Retail Lending Officer

Scotiabank • Montreal, QC

1d • Onsite

About The Position

Contributes to the overall success of the Lending Services department of Scotia Dealer Advantage in Canada ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. 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; performing structured and analytic functions on loan applications through the Business Line’s credit decisioning system; completing risk assessments and developing recommendations as to the appropriate course of action for customer loan applications; conducting analysis to support pricing and/or fee recommendations for loan applications and analyzing, processing and recommending 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; following up on outstanding loan related information and managing the credit review process for assigned loan applications; referring exception credit situations to the Manager, Credit as required for speedy escalation and equitable resolution through GRM ACE.
• Understand 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 environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/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.
• You can expect to be recognized and rewarded for high-performance.
• You’ll be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.
• You’ll receive 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