Credit Solutions Associate Quebec City (Quebec, QC, CA, G1V2M2)

Requisition ID: 267726 

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

The Credit Solutions Associate (CSA) provides the Client Relationship Managers with end-to-end credit underwriting support for all growth clients in their assigned portfolio. This will include working with internal partners and directly reaching out to clients to address various activities such as collection/processing of financial reporting, satisfaction of funding requirements, onboarding needs and resolution of escalated client challenges. The role is specific to the Growth Segment and the less complex Core clients in Commercial Banking Distribution. 

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. 
• Working closely with Client Relationship Managers, the Credit Solutions Associate (CSA) is responsible for providing the following services to a portfolio of existing and prospective clients: 
• Conduct thorough credit analysis and evaluation of loan applications including required due diligence from commercial clients.
• Assess the financial health, creditworthiness, and risk profile of potential borrowers.
• Prepare detailed credit reports and recommendations for credit approval or denial.
• Analyze financial statements, credit reports, and other relevant documentation to identify potential risks and opportunities.  
• Monitor and manage the credit risk portfolio, ensuring compliance with the bank’s risk management policies and procedures.
• Identify and mitigate potential credit risks through proactive monitoring and analysis.
• Contact clients for financial reporting and spread Financial Statements, Projections and Borrowing bases, review results, escalate any signs of deterioration and update appropriate systems. 
• Ensure all documentation is organized, accessible, and compliant with the bank’s record keeping policies.
• Ensure all credit analysis and evaluation processes comply with relevant regulatory requirements, internal process, policy and guidelines.
• Stay up to date with changes in regulatory frameworks, internal process, policy, guidelines and industry best practices. 
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. 

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if: 

• Ideally you have a College/University degree or equivalent work experience in a related field. 
• Strong/proven knowledge of Financial Statements and credit analysis. 
• Knowledge of credit structures and applicable risk management  
• Strong commitment to excellent client service and ability to work with clients to resolve issues in an amicable and prompt manner. 
• Detail-oriented and highly organized, with the ability to manage multiple tasks and priorities effectively. 
• Thorough knowledge of the applicable software and technology platforms for Commercial (e.g., Sales Force, Intralink, Teams). 
• Working knowledge of the features and benefits of Commercial products and services. 
• A high degree of flexibility to adapt to a wide variety of tasks. 

In addition to French, the successful candidate must also have sufficient knowledge of English, as the work involves interacting and collaborating regularly with groups and individuals based in Toronto, as well as constantly interacting with other people, including clients, who speak English, locally and elsewhere.

Location(s):  Canada : Quebec : Quebec 

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.