Senior Credit Solutions Associate Quebec City

Scotiabank • Quebec, QC

7d • Onsite

About The Position

The Senior Credit Solutions Associate provides credit support to the Senior Credit Solutions Manager (SCSM) within the Commercial Distribution credit adjudication process. This role contributes to the profitable growth and quality of the distribution portfolio by assisting with the preparation, analysis, and monitoring of credit applications and portfolios. The position is specifically designed to support more complex Core clients and offers deal exposure and development opportunities for a future SCSM role. The ideal candidate will possess a strong understanding of credit principles, excellent analytical skills, and the ability to collaborate effectively in a fast-paced environment.

Requirements

• Bachelor’s degree in finance, economics, business administration, or a related field or equivalent work experience.
• 1-2 years’ experience in Commercial Banking.
• Good communication skills (oral and written) in French and English.
• Previous experience in credit underwriting or credit document preparation.
• Strong Knowledge of Financial Statements and credit analysis, preliminary assessment of risk, and drawing conclusions.
• Strong Knowledge of credit structures and applicable risk management.
• Good knowledge of fulfilment processes and roles of partners.
• Strong commitment to excellent client service and ability to work with clients to resolve issues in an amicable and prompt manner.
• Detail-oriented and highly organized, with the ability to manage multiple tasks and priorities effectively.
• Extremely well organized and ability to multi-task.
• Strong organizational skills to monitor portfolio requirements, collect and assimilate large volumes of information.
• Sufficient knowledge of English, as the work involves interacting and collaborating regularly with groups and individuals based in Toronto, as well as constantly interacting with other people, including clients, who speak English, locally and elsewhere.

Responsibilities

• Perform credit tasks for core clients supporting Senior Credit Solutions Managers (SCSM) such as: Prepare Financial Statement spreading, credit summaries, Projections and Borrowing bases, review results, escalate any signs of deterioration and update appropriate systems.
• Understand the financial health, creditworthiness, and risk profile of potential borrowers.
• Support the SCSM with 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.
• Ensure client files are complete and appropriately documented in various systems (e.g., SDR, etracker, etc.).
• Verify all relevant data is maintained, current and accessible for ongoing credit assessments.
• Responsible for preparation of Credit Presentations and packages for larger and complex deals with SCSM.
• While not on direct coverage team for portfolio, will work closely with SCSM to engage client on an as needed basis.
• Provide general support as necessary with other credit-related situations needed to maintain credit quality.
• Work closely with both Sr. Relationship Managers and SCSM to understand client needs and develop tailored credit solutions.
• Participate in deal forums to socialize deals with GRM where appropriate.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level