Senior Analyst, Credit Risk - Corporates - U.S. Risk Management

Requisition : 237849

Salary Range:-

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

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!

The incumbent will cover US corporate borrowers, which may include, but is not limited to, the following industry groups: data centers, general corporate/industrial, retail, real estate, hospitality, and gaming.

Experience in financing data centers (corporate/cash flow lending, project finance and other development structures) and/or substantial knowledge of the industry, its major participants, technological underpinnings and current trends would be considered assets. Experience in Leveraged Finance and non-investment grade lending, and familiarity with those transaction structures and supporting financial models would also be strongly considered.

The role will ensure that specific individual goals, plans, and initiatives are executed and delivered in support of the Bank’s business strategies and objectives; and that all credit activities are conducted in compliance with governing regulations, as well as internal policies and procedures.

• Manage a portfolio of individual credits across multiple corporate industries including real estate, data centers, retail, hospitality, gaming, and others as needed.
• Product coverage is broad and will include loans, loan products, derivatives, commodities, trade finance and other banking products.
• Perform in-depth financial and credit risk analysis, review documentation (credit agreements, ISDAs, etc.) provide effective challenge to the 1st line where appropriate, identify risk mitigation opportunities where applicable, and present transactions to senior executives and Senior Credit Committee.
• Manage multiple competing priorities, which often require tight deadlines.
• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Assist in preparing information for and responding to questions from regulatory authorities and audit.
• Ensure that all credit adjudications and daily practices adhere to Bank policies and procedures.
• Understand and implement the Bank’s risk appetite and risk culture in day-to-day activities and decisions.
• Coordinate and work with Head Office Global Risk Management, when necessary, in matters related to the presentation of the global view of credit risk related to the portfolios.
• Participate in special projects within U.S. Credit Risk Management related to broader strategic initiatives and the development of portfolio management and reporting capabilities.
• Mentor and help develop colleagues at the Manager/Analyst level.
• Champion a client focused culture by developing productive relationships and high level of collaboration with Corporate Banking Origination & Underwriting/Execution teams to support…