Requisition ID: 270965 
Employee Referral Program – Potential Reward: $1,000.00  

We are committed to investing in our employees and helping you continue your career at Scotiabank.

The Role

The Lending Services Analyst is responsible for supporting the administration and servicing of corporate credit facilities across various banking units. This role ensures accurate processing, compliance with loan documentation, and timely resolution of operational issues. The analyst contributes to operational excellence, risk mitigation, and client satisfaction.

Is this role right for you? In this role, you will:

Loan Administration

• Process and maintain loan data for syndicated and direct lending transactions.
• Validate financial terms, pricing, and conditions in accordance with loan documentation.
• Monitor and manage disbursements, repayments, and interest calculations.
• Ensure accurate and timely updates to loan servicing platforms (e.g., Loan IQ).
• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Ensures that terms and conditions of authorization and/or loan documentation are being adhered to including pricing, term and amount.

Operational Support

• Collaborate with internal teams (Credit, Treasury, Finance) and external stakeholders (Agents, Borrowers) to resolve inquiries and discrepancies.
• Assist in preparing reports and reconciliations related to loan activity.
• Support the team in managing daily work volumes and meeting service level agreements.

Risk & Compliance

• Adhere to operational controls and compliance frameworks, including:

• Operational Risk Management Framework
• Regulatory Compliance Risk Management Framework
• AML/ATF Global Handbook
• Organizational Conduct Guidelines
• Escalate exceptions and potential risks to senior team members or management.

Systems & Technical Expertise

• Maintain proficiency in loan servicing systems and tools.
• Ensure accurate accounting entries and system integrations.
• Participate in system testing, upgrades, and process improvement initiatives.

Dimensions

• Supports business units in UK and Ireland

• Develop a solid working knowledge of LoanIQ and other platforms as used by the team.
• Assists the team in various tasks such as resolution of exception items as well as project related work/assignment.
• Ensure accuracy of work and apply due diligence as directed.

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

• University or College degree in either Finance or Business preferred
• 2+ years of experience in loan operations or corporate lending services preferred.
• Familiarity with syndicated loans, term loans, revolving credit facilities, and asset-based lending.
• Strong analytical and problem-solving skills.
• Advanced proficiency in Microsoft Office Suite (Excel, Word, Outlook).
• Excellent attention to detail and organizational skills.
• Strong communication and interpersonal abilities.

Working Arrangement

• This is a hybrid role based in Toronto, ON. Work arrangements are subject to change based on business needs.
• Working Hours for the UK Team: 4:00 AM - 12:00 PM (EST)
• Work may include Canadian or US or UK statutory holidays

What’s in it for you?

• Opportunity to engage with various GBM business groups on KYC/AML topics and client outreach activities
• Opportunity to enhance knowledge of GBM’s global product offering, business lines and functional processes, as well as gain exposure to the overall bank
• Opportunity to build strong strategic relationships across broad partner and stakeholder groups within GBM globally and across the bank
• Be a key member of a dynamic and engaged team with strong leadership and focused personal and career development support
• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities – for you and our customers.
• A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.

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.

Note: All postings in me@Scotiabank will remain live for a minimum of 5 days.