Senior Manager, GRM Canadian Commercial, Agriculture

Scotiabank•Toronto, ON

5d•Onsite

About The Position

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Ensure credit adjudication, control activities and related processes are conducted within a strong risk culture, focusing on emerging risks and within risk appetite. Provide an objective oversight and effective challenge, enable capital optimization, ensure ongoing monitoring, and partner with business lines to develop effective strategy.

Requirements

Minimum of 5 years of experience in financial analysis or credit adjudication.
Minimum Post Secondary Education completed in business or related area.
Extensive experience in complex financial analysis.
Good understanding of Bank lending policies and procedures, financial analysis, risk assessment techniques, credit structuring, collateral and security documentation and registration, collection, related legislation and accounting practices.
Proven credit judgment.
Proven ability in administering a Commercial credit portfolio.
Strong negotiation and problem resolution skills.
Strong communication skills, written and verbal, in order to produce informative, concise and professional credit replies, presentations and correspondence.
Strong organizational skills and the ability to prioritize work effectively and efficiently.
Strong coaching and counseling skills.

Responsibilities

Adjudicate and/or authorize credit requests up to assigned limits; make sound recommendations within the Bank risk appetite and in adherence to our policy and standards.
Evaluate financial and non-financial risks for an accurate client risk profiling, and challenge banking strategies ensuring compliance with bank policies and regulatory requirements.
Risk assessment and rating assignment, timely monitoring changes in client’s creditworthiness, and recommending adequate course of action.
Understand economic, political and regulatory framework and how it impacts the assigned portfolio. Recommending potential actions.
Act as an advisor partner for Banking.
Play an integral role in the client relationship experience by collaborating effectively with Banking, providing feedback to ensure a cohesive and efficient client experience while managing risk effectively.
To ensure adjudication process is achieved within the established SLA parameters.
Validate GRM critical data elements in credit systems which feed capital and provisions.
Support innovation and digitize risk processes, improving accuracy of and speed of credit decisions and operational efficiencies.
Proactive and ongoing monitoring of Early Warning Signs and sectorial/market trends, to ensure timely actions on assigned portfolio.
Work with Banking to ensure adherence to all compliance metrics of the loan portfolio is managed effectively within defined KPI.
Supports 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.
Exemplify a culture of risk awareness and accountability, supporting a client centric culture, provide coaching and an attractive value proposition for talent.