Senior Analyst, Agriculture Banking - Calgary/Edmonton/Vancouver
Requisition ID: 80649 Join the Global Community of Scotiabankers to help customers become better off. Senior Client Solutions Analyst (SCSA) Purpose of Job: The Senior Analyst, National Accounts Agriculture (SA) is responsible for contributing to the profitable growth and quality of the Bank’s Commercial Credit portfolio for highly complex and customized financial solutions by collecting, processing and assimilating customer reporting details (interim and annual) and supporting the Associate Director National Accounts (AD), Associate Director, Client Relationship (ADRM) and Director, Client Relationships (DCRM) in the preparation of the write-up of credit applications, which may include structuring and analytic functions, along with other due diligence activities on deals (including financial modeling and industry research). The incumbent will have direct contact with clients and will assist the AD and ADRM or DCRM in providing administrative support and service for client-facing interactions. Major Accountabilities: 1. Process and Analyze Customer Reporting items (interim and annual) by: • Maintaining a complete monitoring system (“Tracker”) to ensure customer reporting is completed in a timely manner; • Updating Tracker with necessary details to ensure accuracy of the customer reporting qualifications (this includes various data such as annual review date, frequency etc); • Completing Borrowing Base reporting in an accurate and timely manner per authorized frequency qualifications; • Completing the spreading of interim financial statements in Moody’s Risk Analyst (RA) in an accurate and timely manner as per authorized frequency qualifications; • Performing trend analysis to monitor the health of client accounts and help determine client risk ratings; • Identifying and action customer reporting items that are overdue, and following up with clients for overdue items that are between 0 and 60 days overdue. The objective is to minimize the number of items outstanding beyond 60 days which would otherwise need to be escalated; • Supporting the offside conditions and onside with material deterioration process by: o Advising AD / ADRM / DCRM when offside conditions or material deteriorations have occurred and commencing offside memos as required, under the guidance of the AD / ADRM / DCRM; o Updating Tracker to identify offside reporting conditions and removing flag when authorized • Instructing the Business Service Centre (BSC) for charges related to late reporting items, as per guidance from the AD / ADRM / DCRM; • Ensuring that all relevant correspondence and authorizations are properly stored in the Shared Document Repository (SDR); • Ensuring charges, pricing, IG and authorized limited changes are correctly processed/resolving as required and systems as applicable are appropriately updated. 2. Support the preparation of credit correspondence for the Annual Review process, analyzing and processing amendment requests, investigating / recommending relative to Offside Covenants / Material Deteriorations, preparation of Deal Summary’s for prospects by: Analyzing client files in e-Tracker to determine annual review reporting items that are due; • Supporting the AD / ADRM / DCRM in contacting clients regarding the submission of reporting items; • Commencing the preparation of 1035s (deal write up, analysis activities in MFA/BRR, preparing BRR IG recommendations) and assisting AD / ADRM / DCRM as necessary; • Preparing/completing spreads of annual/interim financial statements and projections as necessary in RA; • Ensuring client files are complete and up to date in Tracker and e-Tracker, and that all relevant correspondence and authorizations related to the Annual Review process are properly stored in the Shared Document Repository (SDR); • Ensuring charges, pricing, IG and authorized limited changes are correctly processed/resolving as required and systems updated as required to reflect the info outlined in the Credit Authorization; • Liaising with syndicate banks in gathering due diligence and info required to complete analysis and answer questions (if Scotiabank is agent). 3. Supporting the management of Conditions Precedent items by: • Assisting in the collection of conditions precedent items as outlined in Commitment Letter, and uploading items into SDR; • Completing certification documentation (“Conditions Precedent Confirmation Template”) and uploading the template into SDR for review by AD / ADRM / DCRM; • Emailing completed and verified Conditions Precedent Confirmation templates to the Business Service Centre, to allow the BSC to proceed with funding qualifications. 4. Providing other administrative support as required for credit, client-facing and/or fulfillment activities. 5. Ensuring adherence to the Bank’s Anti-Money Laundering program, Know Your Customer qualifications and Guidelines for Business Conduct, by reporting any unusual occurrences or fraudulent activities per established procedures. Education/Work Background/Designations: The Senior Analyst, National Accounts Agriculture must have proven financial analysis and risk assessment techniques for analyzing financial statements and borrowing bases, assisting in structuring, as well as proven credit judgement and a thorough knowledge of the Bank’s lending policies, practices and procedures. He/she will work on highly complex and customized financial solutions and will have interaction with clients and internal partners by gathering details and responding to internal inquiries. The SA may be asked to be present during customer presentations and negotiations. They must have strong management expertise to monitor portfolio qualifications, collect, assimilate and manage significant data flow from multiple sources and concisely populate the info into a credit application. They may work with multiple ADs / ADRMs / DCRMs and there may be significant time pressures (syndications). Files and details must be kept according to Compliance and Restriction (public companies) guidelines. Functional competencies: • Well organized and expertise to multi-task • Good ms excel skills needed to update borrowing base trend sheets • Good credit skills (familiarity with writing up complex deals, spreading financial statements, assessing risk, financial modeling and drawing conclusions) • Good Moody’s Financial Analysis knowledge • Intermediate accounting and financial statement analysis • Great communication expertise (oral and written) • People skills to effectively interface with customers • Thorough knowledge of the Bank’s commercial products and services • Negotiation skills required for internal discussions • Customer contact is required for follow-up on info gathering for new deals, interim/annual reviews and compliance The incumbent will work on highly complex and customized financial solutions and will have interaction with clients and internal partners by gathering info and responding to internal inquiries. He/she completes the analysis process and any other review as directed by Manager (s). He/she may make recommendations for further review or requests for more detailed details on the customer/prospect. The incumbent monitors and ensures charges and pricing are properly processed. He/she may make recommendations/referrals for other products and services based upon their reviews. Work conditions: The incumbent works in a standard office environment. Normal sensory attention is required. In order to provide a high-level of customer service, prompt and timely responses to credit applications are required. The incumbent has no control over the number of applications that require analysis and adjudication/recommendation at any given time. ** Open to applicants in a variety of locations: Calgary, Edmonton, Vancouver, Regina/Saskatoon and/or Winnipeg, Manitoba. Location(s): Canada : Alberta : Calgary || Canada : Alberta : Edmonton || Canada : British Columbia : Vancouver As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer background and use the Bank’s 6 guiding sales practice principles to ensure they act with honesty and integrity. 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 . Applicants must apply directly on-line to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those applicants who are selected for an interview will be contacted.
January 14 on Scotiabank