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Form of workRequisition ID: 193123
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!
What You'll Do
- Has in-depth Loan IQ system knowledge and experience. Maintain updated business knowledge of corporate lending operations and industry conventions. Solid understanding of GWO Lending Services business goals, and how that aligns to the department's/Bank's strategic initiatives.
- Support the GWO team in successful execution of daily "run the bank" and strategic "change the bank" priorities in compliance with governing regulations, policies, procedures, and global operating model.
- Liaise with internal business and technology teams, Loan IQ vendor (Finastra) support teams for all user issue resolutions in a timely manner.
- Responsible for developing, building, and deploying continuous Loan IQ user experience improvements. Represents product governance of Loan IQ system and the global operating model to GWO.
- Understand operational controls and regulatory reporting requirements and ensuring the functional deployment of Loan IQ is compliant to control requirements.
- Review system metrics, KRI/KPI reports to identify user experience issues and follow through with the vendor and internal teams for resolution.
- Responsible for supporting the design, build and deployment of end-user reports using Loan IQ Data net, Power BI and/or other reporting tools.
- Manage successful UAT testing, system change/upgrade planning and deployment.
- Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook, and the Guidelines for Business Conduct.
- Collaborate with cross functional teams within GWO, Regulatory & Business Initiatives Group, Finance, Credit Administration and Technology to support stakeholder management.
What You'll Bring
- Education: Degree holder of any field preferably in Banking and Finance
- Experience: Solid knowledge and experience with Finastra's Loan IQ loan system. Operational experience and knowledge of other loan systems, SWIFT payments, accounting, cash reconciliation operations, reporting tools such as Loan IQ Datanet, IBM Cognos, Power BI. Knowledge of Trade Finance products and systems is also preferred.
- The job holder is required to have the breadth & depth job knowledge to support Loan processing, covering both the diverse range of customers/types of loans.
Work Arrangement: This position is currently a Hybrid role. 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.
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.
