JobsBusiness & Financial AnalystTorontoJunior Business Analyst, Corporate Banking (Contract) - Toronto, ON
Scotiabank
Posted 2 days ago · Jobs at Scotiabank
Junior Business Analyst, Corporate Banking (Contract) - Toronto, ON
Scotiabank · Toronto, Ontario, Canada
In short
The Junior Business Analyst will manage operational functions including loan reporting, compliance monitoring, and data integrity within the Credit Adjudication System. They will also provide analytical support for departmental initiatives and maintain process documentation on SharePoint.
What they're looking for
MUST-HAVE SKILLS
ALSO MENTIONED
Candidates should possess an undergraduate degree and strong proficiency in Excel, particularly with macros. Exceptional attention to detail, organizational skills, and the ability to work under pressure in a fast-paced environment are essential.
About Scotiabank
WEBSITE
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Questions about this role
- Is this Scotiabank role remote?
- Tagged on site.
- Does it sponsor visas?
- Listed as no visa sponsorship.
- What experience does it ask for?
- Listed as 0-2 years.
The posting, in full
Requisition ID: 275416 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Junior Business Analyst, Credit Analytics Group (CAG) (Contract) – Toronto, ON Global Banking and Markets (GBM) conducts the Bank’s wholesale banking and capital markets business with corporate, government and institutional investor clients. GBM is a full-service wholesale bank and investment dealer in Canada and Mexico and offers a range of products and services in the U.S., Latin America and in select markets in Europe and Asia-Pacific.
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Requisition ID: 275416 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Junior Business Analyst, Credit Analytics Group (CAG) (Contract) – Toronto, ON
Global Banking and Markets
Global Banking and Markets (GBM) conducts the Bank’s wholesale banking and capital markets business with corporate, government and institutional investor clients. GBM is a full-service wholesale bank and investment dealer in Canada and Mexico and offers a range of products and services in the U.S., Latin America and in select markets in Europe and Asia-Pacific.
More specifically, GBM provides clients with: corporate lending; transaction banking (including payments, trade finance and cash management); investment banking (including corporate finance and mergers & acquisitions); fixed income and equity underwriting, sales, trading and research; prime services (prime brokerage and stock lending); foreign exchange sales and trading; commodity derivatives; and collateral management.
Purpose
The Business Support team plays a key role in supporting Corporate Banking teams in Canada, the US and Europe. The Junior Business Analyst (JBA) is a key contributor to the success of the team, assisting in the management of important operational functions including monitoring of loan reporting and compliance, task set up and management, system upkeep and various other reporting requirements.
What You’ll Do
Compliance and Reporting Monitoring
Review of loan documentation in order to establish the appropriate reporting requirements/tasks in the C360 (Credit Adjudication System)
Responsible for C360 Data management and integrity, including review of various data sources to identify an issue or required change
- Assist with data management and ad hoc data queries
- Monitor deal sites; retrieve relevant reporting and assign tasks as required
Maintain accurate and critical monthly, and weekly reporting
Responsible for compliance past due reporting and communicating with Bankers with respect to loan reporting requirements
Ensure completeness of the Shared Document Repository (SDR) with respect to loan documentation and other reporting requirements
Other
Maintain CAG Business Support SharePoint content by making sure process manuals are up to date
Participate in strategic planning to identify, research, prioritize, and implement various initiatives relating to the management of departmental data processes and procedures
Provide analytical and data management support on ad hoc initiatives
Various additional sundry responsibilities as required
What You’ll Bring:
- Undergraduate degree (business degree not essential but will be considered an asset)
- Exceptional attention to detail
- Advanced excel skills (ie: macros) an asset
Ability to multi-task and work under pressure to meet deadlines, while maintaining high standards of work
Demonstrated strong verbal and written communication skills
Exceptional organizational and coordination skills with the ability to independently prioritize hectic workload and ensure assignments are completed accurately and meet given deadlines, often in a fast-paced, stressful environment
- Familiarity with Corporate Banking products and systems would be an asset.
- Ability to work well as a team player or independently
Demonstrated self-starter and forward thinker with the ability to provide recommendations on future development of reporting functions/practices, systems etc.
Ability to identify technological issues with respect to the integrity of data
Ability to interpret certain financial information for accurate preparation of various business reports
Strong PC skills including extensive experience with
C360 – in-house Client Event and Task Tracking System – used extensively. (Training will be provided)
BFund and MFund – in-house database applications – used extensively. (Training will be provided)
- Office 365 (Word, Excel, PowerPoint, Outlook) – Excel and Outlook used extensively.
- Adobe Acrobat
Knowledge of Salesforce, CreditLens or Credit360 an asset
- High tolerance for and adaptability to change
- Ability to work overtime as required, often with short notice (sporadic)
Work Arrangement
This position is an onsite role, with the expectation that you will work 5 days a week in the office. Please note that this is subject to change based on the needs of the business.
#LI-Onsite #GBM
Interested?
At Scotiabank, you’ll be joining an organization that values inclusion, accountability, innovative thinking and collaboration, a culture where people feel safe to learn, grow, and contribute while delivering exceptional results for our clients. We believe in winning together, as one team, strengthening the collaborative spirit that defines GBM’s client partnerships. We value transparency, shared goals, and purposeful work.
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.
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