Ville : Toronto, ON, CA, M5V2T3

Catégorie : Business Operations Specialists

Industrie : Finance

Employeur : Banque Scotia

Requisition ID: 121322

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

Why work for Scotiabank?
 

Scotiabank is among the largest banks in the world and the most international bank in Canada. We are powered by our 97,000 high-performing teammates who make a real difference across the globe as a leading provider of advice, products, digital experiences, and financial services. Together with our Digital Factories around the world, we are dedicated to helping our 25 million customers become better-off.

This is a place where you’ll get to learn and develop your skills, while being recognized for your hard work. At Scotiabank, we’re passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy. Say hello to a career at Scotiabank!

Global Banking and Markets

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.

Purpose

The incumbent is responsible for leading and performing testing activities for the corporate loan book and ensures that loan transactions for our Corporate Customers are processed accurately. The quality control team is an integral part of the control framework for Corporate Credit Services. The incumbent is a leading contributor to quality control team in charge of monitoring, reviewing and reporting on the management of Operational Risk within Corporate Credit Services. Responsibilities will include ensuring effective internal controls exist, address issues, as and when they arise and provide general support and oversight (as delegated by Management).  The incumbent is responsible for reviewing the accuracy and integrity of various information including but not limited to data, accounting reconciliation and record keeping aspects of the portfolio.  The incumbent is part of a team of 3 employees and ensures that quality of processing of loan transactions for our Corporate Customers are processed according to established procedures. The incumbent ensures specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives. 

Accountabilities

• Perform a post-review of set up of new facilities in ACBS and Loan IQ, as well as other types of transactions that are in scope of Corporate Credit Services
• Develop samples in accordance with quality control procedures and ensure sampling results are comprehensive, and accurately identify Operational risk factors and key controls
• Analyze the results in order to identify patterns, themes, or trends that indicate potential weaknesses or gaps in the execution of key controls. This includes employing process and systemic design analysis to determine how to build in safeguards and process changes to mitigate the risk from control gaps.
• Finalize periodical quality control reports with sample results grading.
• Provide effective and constructive feedback to the CCS teams of common themes based on severity of deficiencies.
• Follow up to ensure that all identified issues are resolved in a timely manner, and escalate if necessary
• Validate the process improvements/changes put in place by CCS teams in order to address and resolve the identified issues in the quality control report.
• Assist Management with ad-hoc requests and special projects.
• Participate in the design, maintenance and continuous development of the quality control program and provide inputs to the quality control schedule.
• Maintain regular communication with GBM stakeholder to understand the changes to processes and controls and update the quality control review parameters accordingly.
• Provide inputs in the development of training materials and providing training to staff.
• Periodically review and reconcile quality control review parameters with operational risk events and various issues raised
• Participate in updating and documenting key controls to reflect impact of internal audit findings, regulatory findings, compliance testing results and any other self-identified issues.
• Builds 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. 
• Other duties and activities as may be assigned from time to time.

Requirements

• University undergraduate degree in finance or business-related studies or equivalent.
• Knowledge and working experience in corporate lending services.
• Experience with ACBS or LoanIQ is an asset
• Strong quantitative and problem-solving skills.
• Good knowledge of internal controls.
• Strong collaborating, leadership and team-building skills.
• Analytical and detail oriented.
• Self-Motivated problem solvers.

Working Conditions

• Work in a standard office-based environment
• Non-standard hours are a common occurrence

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 click here. 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.