Credit Advisor, International Private Banking
Job in
Toronto, Ontario, M5A, Canada
Listing for:
Scotiabank
Full Time
position
Listed on 2026-02-17
Job specializations:
-
Finance & Banking
Risk Manager/Analyst, Financial Analyst, Credit Analyst, Banking & Finance
Job Description & How to Apply Below
Position: Credit Advisor, International Private Banking ON
Requisition
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose of Job:
The Credit Advisor focuses on the lending business under International Private Banking. This support role is crucial for maintaining and growing the largely offshore loan portfolio. The role is centered on the underwriting of standardized Pledge Loans or specially structured credits adjudicated through ACE (Adjudication Centre of Expertise) or Global Risk Management.
The Credit Advisor contributes to the quality and profitable growth of the credit portfolio by completing credit-related activities such as risk analysis, deal structuring, pricing, negotiation, and submission of credit applications in accordance with lending guidelines. The role focuses on completing credit requests and ensuring compliance with annual loan reviews.
Additional responsibilities include collateral monitoring for offshore loans, reviewing coverage for loan funding and portfolio releases, preparing loan and security documentation, and ensuring documents are executed properly. The Credit Advisor works directly with the Senior Credit Advisor and interacts with Private Bankers, Associates, Operations, and other support units.
Responsibilities / Accountabilities:
Completion of IPB Credit Advisory Activities
Ensure timely analysis, structuring, and presentation of credit proposals.Perform proper due diligence to identify key personal/business elements and fundamental risks, and verify material facts.Provide prompt and sound recommendations for credit proposals that meet lending guidelines as approved by ACE and GRM.Recommend loan pricing that aligns with risk, profitability, administrative needs, and competitive factors.Communicate effectively with Wealth Managers and Associates to ensure clarity of decision rationale for client discussions.Provide guidance related to pledge lending to Private Bankers and Associates.Identify lending and cross‑sell opportunities within the existing portfolio and refer opportunities to the Senior Credit Advisor.Management of Pledge Loan Portfolio and Annual Reviews
Ensure adherence to authorized conditions and reporting requirements.Evaluate information received and report deficiencies or negative findings to senior management.Inform Senior Credit Advisor of developing credit weaknesses using ongoing financial, legal, political, technological, and industry analysis.Conduct accurate and timely annual reviews of IPB pledge loans.Ensure collateral is properly completed, executed, lodged, and reassessed under Bank policies, including IG code reassessments.Identify early signs of problem accounts and take action to protect the Bank’s interests.Ensure compliance with regulatory and internal Bank policies, including Reputational and Suitability Risk.Day‑to‑Day Portfolio Management
Monitor collateral coverage within the IPB‑Toronto loan portfolio and identify existing or potential offsides.Analyze portfolio limits and collateral coverage to ensure loan advances and collateral releases comply with approvals.Manage the IPB‑Toronto Credit Advisory tracking tool: annual review dates, proposal status, volumes, and productivity.Manage collateral lending value override files.Support the Senior Credit Advisor with credit proposals or account management.Loan Documentation Responsibilities
Prepare loan and security documentation for custom credits in full compliance with approvals.Review executed documents, confirm integrity, and communicate execution to Operations.Maintain organized client document folders for accessibility.Confirm conditions precedent for loan setup and advances and forward documentation to Operations.Handle additional documentation‑related tasks as required.Communication and Implementation of Credit Authorizations
Review written authorizations for accuracy, completeness, and clarity.Follow up promptly for client acceptance of offers/documents, addressing issues and informing senior management as needed.Address issues with documentation adequacy, quality, or completeness.Respond promptly to client or senior management inquiries.Internal Collaboration and Learning
Active…
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