Credit Underwriter - Canada - Scotiabank

Scotiabank

Verified Company

Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Requisition ID: 169465

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Credit Underwriter - Commercial Banking

The Credit Underwriter is responsible for contributing to the profitable growth and quality of the Bank's Corporate & Commercial Credit portfolio by performing financial solutions -related activities for clients including risk analysis, deal structuring, pricing, negotiation and presentation on complex deals in concert with the Senior Client Relationship Manager.

The Credit Underwriterr is responsible for all deal structuring, negotiation and final decisions on pricing within his/her defined portfolio. The incumbent interfaces directly with clients at times, in partnership with the Senior Client Relationship Manager.

The The Credit Underwriter liaises with Credit / Global Risk Management through the credit decision-making process and ensures all activities are conducted in compliance with governing regulations, internal policies and procedures.

Is This Role Right for You? In this role, you will:

Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Contribute to the profitable development of Commercial Credit business
Ensure the accurate communication of the terms and conditions of an authorization and supervises the effective and timely implementation of same
Ensure the ongoing quality of the assigned credit portfolio through control and administration of the specific conditions and reporting requirements as specified in individual authorizations are adhered to
Safeguard the Bank's assets and liabilities
Execute the Branch Compliance responsibilities as reflected in the Branch Services and Procedures Manual
Build a high performance environment and implement a people strategy that attracts, retains, develops and motivates their team
Foster an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.
Understand how the Bank's risk appetite and risk culture should be considered in daytoday activities and decisions.
Actively pursue effective and efficient operations of his/her respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of daytoday business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
Champion a high performance environment and contribute to an inclusive work environment.

Skills that will enable you to succeed in this role:

3 years of commercial banking experience
Undergraduate degree in business or economics or finance or work equivalency
Strong knowledge of the corporate & commercial banking marketplace
Detailed knowledge of the assigned market area's key prospects, major companies and competitive positioning within the assigned market area
Very strong understanding of the Corporate & Commercial Bank's objectives, strategies, structure, as well as its lending and deposit products and services
Strong PC skills are necessary, including a working knowledge of MS Word, Excel, Power Point and all commercial systems and platforms
Other training requirements as determined by the Bank from time to time
Strong credit skills and credit experience
Strong risk assessment, analysis and dealstructuring skills
Good coaching, interpersonal and teamwork skills
Good understanding of customer profitability model
Ability to build solid business case justification for deals
Strong negotiation skills, and sales/closing capabilities

Location(s): Canada : Quebec : Montreal-est || Canada : Quebec : Montreal

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.