At a Glance
- Tasks: Lead financial solutions for clients, focusing on risk analysis and deal structuring.
- Company: Join Scotiabank, a purpose-driven team committed to inclusivity and high performance.
- Benefits: Enjoy competitive pay, career growth opportunities, and a supportive work culture.
- Why this job: Make an impact in commercial banking while developing valuable skills in finance and client relations.
- Qualifications: Experience in credit analysis and strong negotiation skills are essential.
- Other info: This is a full-time, permanent position based in London, Ontario.
Title posted on CareerBeacon – Senior Credit Solutions Manager, Canadian Commercial Banking
Posted onJune 19, 2025 by Employer details Scotiabank
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credit manager
Title posted on CareerBeacon – Senior Credit Solutions Manager, Canadian Commercial Banking
Posted onJune 19, 2025 by Employer details Scotiabank
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Job details
Requisition ID: 228828Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Senior Credit Solutions Manager, Canadian Commercial Banking – London, Waterloo OR Windsor, Ontario PurposeThe Senior Credit Solutions Manager (Sr. CSM) 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 Senior Credit Solutions Manager 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 Senior Credit Solutions Manager 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.Accountabilities: Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.Contributes to the profitable development of Commercial Credit business by:? Ensuring the timely analysis, structure and presentation of credit / financial solutions proposals within prescribed segment;? Providing prompt and sound recommendations in the analysis and adjudication of credit proposals;? Ensuring that writings to the Senior Client Relationship Manager(s) clearly convey the rationale for decisions, so that they may respond effectively to clients;? Approving or recommending pricing for loans and credit-related fees which yield a return commensurate with risk and due regard to profit, administration and competitive considerations;? Recommending alternative terms, conditions and covenants to provide a viable banking proposal to the client within sound credit lending practices;? Restructuring marginal proposals into bankable deals where possible;? Providing guidance, coaching and counsel to Client Relationship Manager(s), so that they may better serve clients\’ needs.? Liaising with the Business Service Centre for fulfilment (including documentation, liaison with 3rd parties, security registration) and all service activities;? Liaising with Client Portfolio Management for compliance monitoring and reporting actions as required; Ensures the accurate communication of the terms and conditions of an authorization and supervises the effective and timely implementation of same by:? Writing or reviewing all written authorizations to ensure accuracy, completeness and clarity.? Ensuring prompt follow-up for acceptance of the authorization and reacting swiftly to any problems, amendments, extensions, reporting to senior management where necessary;? Promptly and effectively addressing issues surrounding the adequacy, quality and completeness of loan documentation and security;? Liaise to ensure any required changes to the Senior Client Relationship Manager(s) and follow-up for the accurate execution and delivery of same prior to disbursement of funds; 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 by:? Advising senior management of any credit weaknesses developing within individual accounts, by ongoing awareness and analysis of relevant financial, legal, political, technological, and industry information.? Adhere to any regulatory and internal Bank policies and requirements;? Maintaining adherence to the Bank\’s Anti-Money Laundering program and Guidelines for Business Conduct, by reporting any unusual occurrences or fraudulent activities per established procedures.Safeguards the Bank\’s assets and liabilities by:
- Location London , ON
- Workplace information On site
- Salary $ 34.00 to $ 82.00 HOUR hourly
- Terms of employment Permanent employment Full time
- Starts as soon as possible
- vacancies 1 vacancy
- Source CareerBeacon #2167973
- London, ON
View the full job posting on CareerBeacon
Advertised until
2025-07-18
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credit manager employer: Scotiabank
Contact Detail:
Scotiabank Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land credit manager
β¨Tip Number 1
Network with professionals in the banking and finance sector, especially those who work in credit management. Attend industry events or join relevant online forums to connect with potential colleagues and learn about the latest trends in credit solutions.
β¨Tip Number 2
Familiarise yourself with Scotiabank's corporate culture and values. Understanding their approach to client relationships and risk management will help you align your discussions during interviews with what they prioritise.
β¨Tip Number 3
Prepare to discuss specific examples of how you've successfully structured and negotiated credit deals in the past. Highlighting your experience with complex financial solutions will demonstrate your capability for the Senior Credit Solutions Manager role.
β¨Tip Number 4
Stay updated on current regulations and compliance requirements in the banking sector. Being knowledgeable about these aspects will show your commitment to adhering to the Bank's policies and can set you apart from other candidates.
We think you need these skills to ace credit manager
Some tips for your application π«‘
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Senior Credit Solutions Manager. Familiarise yourself with key terms like risk analysis, deal structuring, and pricing to demonstrate your knowledge in your application.
Tailor Your CV: Customise your CV to highlight relevant experience in credit management, financial analysis, and client relationship management. Use specific examples that showcase your skills in negotiation and decision-making.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also reflects your understanding of Scotiabank's values and culture. Mention how you can contribute to their customer-focused approach and profitable growth.
Proofread Your Application: Ensure your application is free from grammatical errors and typos. A polished application reflects attention to detail, which is crucial for a role that involves financial documentation and compliance.
How to prepare for a job interview at Scotiabank
β¨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of what the Senior Credit Solutions Manager role entails. Familiarise yourself with key responsibilities such as risk analysis, deal structuring, and client relationship management. This will help you articulate how your skills align with the job.
β¨Prepare for Technical Questions
Expect to be asked about financial solutions, credit proposals, and pricing strategies. Brush up on your knowledge of these areas and be ready to discuss specific examples from your past experience that demonstrate your expertise in managing complex credit deals.
β¨Showcase Your Client Relationship Skills
Since the role involves liaising with clients and senior management, be prepared to discuss how you've successfully built and maintained client relationships in the past. Highlight any instances where youβve provided exceptional service or resolved conflicts effectively.
β¨Demonstrate Compliance Awareness
Given the importance of adhering to regulations and internal policies, be ready to talk about your understanding of compliance in the banking sector. Share examples of how you've ensured compliance in previous roles, particularly in relation to credit management.