Requisition ID: 272325
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 Assistant Manager, Corporate Lending Services is responsible for supporting the administration and ongoing maintenance of corporate lending facilities where the Bank acts as Agent, Participant Lender, or Direct Lender. The role ensures the accurate setup, servicing, and management of syndicated and bilateral loan transactions while maintaining the integrity of loan records, accounting reconciliations, and operational controls.
The Assistant Manager works closely with internal business partners, clients, agent banks, and lending participants to support the successful execution of complex lending transactions. In addition, this role provides day-to-day guidance and operational support to Deal Analysts while partnering with the Manager and senior leadership team to ensure service excellence and operational effectiveness.
Is this role right for you? In this role, you will:
- Support the administration and servicing of syndicated and bilateral credit facilities throughout the deal lifecycle.
- Assist in coordinating deal closings, fundings, amendments, repayments, and ongoing loan maintenance activities.
- Review and process loan transactions to ensure accuracy and compliance with approved credit authorizations and loan documentation.
- Ensure facility terms and conditions, including pricing, limits, and other lending requirements, are accurately maintained and administered.
- Work closely with borrowers, agent banks, participant lenders, relationship managers, legal partners, and internal stakeholders to resolve issues and facilitate transactions.
- Identify exceptions, operational risks, and control concerns and escalate issues appropriately.
- Maintain accurate loan data and accounting records within Loan IQ and other lending platforms.
- Support the investigation and resolution of operational, accounting, and reconciliation issues.
- Assist with workflow management, operational reporting, and team capacity planning.
- Provide day-to-day guidance, coaching, and support to Deal Analysts.
- Contribute to process improvement initiatives, system enhancements, and special projects.
- Ensure all activities are conducted in accordance with regulatory requirements, internal policies, risk frameworks, and operational controls.
- Support a collaborative, inclusive, and high-performing team environment.
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 degree in Business, Finance, Accounting, Economics, or a related discipline, or equivalent work experience.
- Experience in Corporate Lending Services, Loan Operations, Syndicated Lending, Commercial Lending Operations, or a related financial services environment.
- Strong understanding of syndicated loan administration and corporate lending operations.
- Experience working with Loan IQ, ACBS, or similar loan servicing platforms.
- Knowledge of loan documentation, credit agreements, and lending operations processes.
- Advanced proficiency in Microsoft Excel and solid working knowledge of Microsoft Office applications.
- Strong attention to detail with the ability to manage multiple priorities effectively.
- Previous experience providing guidance, coaching, or informal leadership to team members is considered an asset.
What’s in it for you?
- 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.