Associate, Supply Chain Finance, Global Business Payments – Toronto, ON

Job title: Associate, Supply Chain Finance, Global Business Payments – Toronto, ON

Job description: Requisition ID: 188054

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Global Banking and Markets

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

Overview

Contributes to the overall success of Scotiabank’s Supply Chain Finance (SCF) sales team ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures that all activities conducted are in compliance with governing regulations, internal policies and procedures

What You’ll Do

• Support multiple Associate Directors (ADs) in ensuring that business goals are achieved by retaining and increasing the overall profitability of the portfolio while maintaining an acceptable level of risk
• In conjunction with ADs, analyze new SCF opportunities, handle customer requests for amendments of existing credit facilities, complete risk assessments, prepare credit presentations and recommendations
• Lead end-to-end onboarding of new clients and programs by coordinating with internal partners (Execution, Operations, GBM Onboarding and KYC teams)
• Prepare and write new credit presentations and annual reviews for obligors covered by SCF, including permanent monitoring of financial performance
• Review credit/legal documentation in conjunction with senior team members, culminating in the closing of SCF transactions
• Support in the development of client presentations and proposals
• Influence a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
• Understand how the Bank’s risk appetite and risk culture should be considered in business decisions
• Actively pursue effective and efficient operations of your respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles
• Ensure the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk
• Champion a high-performance environment and contribute to an inclusive work environment

What You’ll Bring

• University degree; MBA is preferred
• 3 years of related banking or business experience
• Experience on Credit and credit presentation
• Skills in risk assessment, financial analytical and structuring deals
• Excellent written and oral communication skills
• Legal document negotiation experience is preferred

Work Arrangement:

• Work in a standard office-based environment; non-standard hours may be required from time-to-time.

Interested?

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply – you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What’s in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: “for every future”, we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please . Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

Click Here to Apply

Source: