Manager in Loan Closing, Streamlining Trade Settlement Processes
Job in
Toronto, Ontario, C6A, Canada
Listed on 2026-04-30
Listing for:
Scotiabank
Full Time
position Listed on 2026-04-30
Job specializations:
-
Finance & Banking
Banking & Finance, Loan Servicing, Financial Consultant, Risk Manager/Analyst
Job Description & How to Apply Below
In this role, you will manage all phases of loan closing and settlement activities. Responsibilities include executing trades, trade confirmations, pricing letters, and maintaining reconciliation accuracy. Your strong grasp of LSTA/LMA standards and processing workflows is essential as you identify risks and contribute to control enhancements for enduring operational success.
Key Responsibilities:
• Execute loan trades while meeting settlement timelines
• Conduct trade confirmations and prepare pricing documents
• Lead reconciliation efforts between departments
• Monitor and address daily limit breaches
• Identify gaps in documentation and settlement processes
Requirements:
• Comprehensive experience in loan market settlement
• In-depth knowledge of LSTA and LMA standards
• Practical use of Clear Par for trade processing
• Proficient in Loan IQ for trade management
• Preferred experience in managing teams
Master the complexities of loan closing processes, driving efficiency and accuracy in transactions, while fostering process improvements across operations.
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