Sr. Manager Corporate Credit Real Estate & Hospitality Finance Job in Toronto, Ontario Canada
POSITION SUMMARY:
Reporting to the Director, REHF Credit you will be responsible for contributing to sound asset growth and profits of the Bank by ensuring all credit requests are properly analyzed and adjudicated, ensuring requests are realistic and effective decisions/recommendations are made within reasonable time frames; and supporting documentation that provides adequate protection for the portfolio is provided.
You will support the business development process by providing industry specific advice/guidance to Senior banking officers as it pertains to the complexities of deal structuring and formation.
You will adjudicate credit for assigned industry groups or geographic regions within personal limits, and takes over limit/out of policy proposals to the next level up and appropriate Credit Committee as required.
Located in Downtown Toronto you will be responsible to:
- Review pertinent financial and industry information and perform in depth risk assessment of incoming credit applications
- Provide recommendations to Senior executives and participate in discussions in Senior Credit Committees
- Evaluate and provide recommendations for amendments
- Assess strategies and restructuring proposals for problem accounts
- Ensure the adequacy, quality and completeness of loan documentation and the preparation of authorizations to communicate the terms and conditions of the transaction
- Develop a high degree of industry knowledge/expertise and ensure the ongoing quality of the credit portfolio through the review of industry publications, the assessment of monthly/quarterly financial reporting packages, and discussions with banking officers in Latin America.
- Assist with the training and development of staff.
QUALIFICATIONS:
- 3+ years progressive experience in a banking or credit capacity, real estate industry expertise would be an asset
- In-depth knowledge of credit risk policies, products and processes
- Excellent writing and presentation skills
- Strong time management, planning and organizing skills to manage multiple priorities
- Excellent interpersonal, relationship building and communication skills
- Ability to work in a fast paced environment
- Organized with an ability to balance multiple projects in a fast paced environment
- Excellent analytical and problem solving skills with attention to detail
- Strong computer skills
- Customer focused
EDUCATION AND ACCREDITATION:
- Post graduate education in business or related with emphasis in finance, accounting, or business; or commensurate work experience. M.B.A., CA, CMA, CFA, FRM, CGA or equivalent designation an asset
OTHER INFORMATION:
Gobal Risk (GRM) plays a leadership role in establishing the Bank's risk appetite and strategies - and partners with the Business Lines, Finance, Group Treasury and others to operate within these parameters. Scotiabank's approach to risk management is a globally-recognized competitive advantage - which balances sound judgment, effective tools, considerable management input prudent oversight.
GRM's greatest strength is the expertise and commitment of our people. We are committed to attracting, developing rewarding a diverse group of high-performing employees.
The Scotiabank Group is an equal opportunity employer and welcomes applications from all interested parties. We thank you for your interest, however, only those candidates selected for an interview will be contacted. No agencies please.
If interested, please apply online at http://track.tmpservice.com/ApplyClick.aspx?id=1418133-1848-9330