Is this role right for you?
In this role you will:Loan Administration:
• Process and maintain loan data for syndicated and direct lending transactions.
• Validate financial terms, pricing, and conditions in accordance with loan documentation.
• Monitor and manage disbursements, repayments, and interest calculations.
• Ensure accurate and timely updates to loan servicing platforms (e.g., Loan IQ).
• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Ensures that terms and conditions of authorization and/or loan documentation are being adhered to including pricing, term and amount.
Operational Support:
• Collaborate with internal teams (Credit, Treasury, Finance) and external stakeholders (Agents, Borrowers) to resolve inquiries and discrepancies.
• Assist in preparing reports and reconciliations related to loan activity.
• Support the team in managing daily work volumes and meeting service level agreements.
Risk & Compliance:
• Adhere to operational controls and compliance frameworks, including:
• Operational Risk Management Framework
• Regulatory Compliance Risk Management Framework
• AML/ATF Global Handbook
• Organizational Conduct Guidelines
• Escalate exceptions and potential risks to senior team members or management.
Systems & Technical Expertise:
• Maintain proficiency in loan servicing systems and tools.
• Ensure accurate accounting entries and system integrations.
• Participate in system testing, upgrades, and process improvement initiatives.
Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
• University or College degree in either Finance or Business preferred
• 2+ years of experience in loan operations or corporate lending services preferred.
• Familiarity with syndicated loans, term loans, revolving credit facilities, and asset-based lending.
• Strong analytical and problem-solving skills.
• Advanced proficiency in Microsoft Office Suite (Excel, Word, Outlook).
• Excellent attention to detail and organizational skills.
• Strong communication and interpersonal abilities.
Work Arrangement:
• Working Hours for the UK Team: 4:00 AM - 12:00 PM (EST)
• Work may include Canadian or US or UK statutory holidays
• This position is currently a Hybrid role based in Toronto. Please note that this is subject to change based on the needs of the business.
Interested?
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That is 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.
To Search, View & Apply for jobs on this site that accept applications from your location or country, tap here to make a Search: