Analyst Intern, Automotive Finance-Hamilton

Job title: Analyst Intern, Automotive Finance-Hamilton

Job description: Requisition ID: 108373

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Analyst, Credit Analysis & Support Team, Credit Sultions, Commercial Automotive

(September-December)

Why work for Scotiabank?

Scotiabank is among the largest banks in the world and the most international bank in Canada. We are powered by our 97,000 high-performing (and awesome) teammates who make a real difference across the globe as a leading provider of advice, products, digital experiences, and financial services. Together with our Digital Factories around the world, we are dedicated to helping our 25 million customers become better-off.

This is a place where you’ll get to learn and develop your skills, while being recognized for your hard work. At Scotiabank, we’re passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy. Say hello to a career at Scotiabank!

Who We Are:

The Analyst, Credit Analysis & Support Team is responsible for contributing to the profitable growth and quality of the Commercial Automotive portfolio by performing credit administration tasks to the highest standard of quality for their assigned portfolio. These tasks include financial spreading and analysis, rating activities, monitoring of required conditions, maintaining complete monitoring systems and other credit/or fulfillment activities.

Who we are looking for?

• Basic credit skills including familiarity with writing up deals, spreading financial statements, assessing risk, financial modeling and drawing conclusions
• Intermediate accounting and financial statement analysis
• Solid problem-solving skills and solutions oriented
• Well organized and ability to multi-task
• Interpersonal skills to effectively interface with customers
• Good knowledge of all commercial lending products
• Ability to use personal computer programs; Word & Excel, and relevant specialized software Such as SDL, Task Manager and RA

You will:

• Process and Analyze Customer Reporting items
• Maintaining a complete monitoring system to ensure interim reporting is completed in a timely manner
• Updating Task Manger and Scotia Dealer Link with necessary information to ensure accuracy of the customer reporting requirements including various data such as annual review date, frequency etc.
• Completing the spreading of interim financial statements in Moody’s Risk Analyst (RA) in an accurate manner as per authorized frequency requirements
• 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 customer for overdue items that are overdue
• Escalating offside conditions, covenants and material deterioration
• Updating Task Manager to identify offside reporting conditions and removing flag when authorized
• Analyzing client files in Task Manager to determine annual review and rating refresh reporting items that are due
• Preparing spreads of annual financial statements, and projections in RA
• Ensuring client files are complete and up to date in Scotia Dealer Link and Task Manager, and that all relevant correspondence and authorizations related to the Annual Review process are properly stored in the Shared Document Repository
• Ensuring fees, pricing, IG and authorized limited changes are correctly processed as required and systems are updated as required to reflect the information outlined in the Credit Authorization
• Support the completion of conditions precedent and ensure all required steps are completed prior to completion on Task Manager
• Liaising with syndicate banks in gathering due diligence and information required to complete analysis and answer questions
• Providing other administrative support as required for credit or fulfillment activities
• Analyzing client files in Task Manager to determine annual review and rating refresh reporting items that are due
• Preparing/completing spreads of annual financial statements, and projections in RA
• Ensuring client files are complete and up to date in Scotia Dealer Link and Task Manager, and that all relevant correspondence and authorizations related to the Annual Review process are properly stored in the Shared Document Repository (SDR)
• Ensuring fees, pricing, IG and authorized limited changes are correctly processed/resolving as required and systems (Task Manager and Scotia Dealer Link) updated as required to reflect the information outlined in the Credit Authorization
• Liaising with syndicate banks in gathering due diligence and information required to complete analysis and answer questions
• Providing other administrative support as required for credit or fulfillment activities

How do I apply?

For students, we believe evaluating you through relationships over resumes, and are focused on learning about who you are and what you’re interested in to uncover your true potential. In short, we don’t believe resumes will provide us with an accurate depiction of what you’re truly about in order to properly assess your potential. Instead we want to get to know YOU and hear about the experiences that have shaped you. We know… this might sound crazy, but we do not want you to submit your resume instead we ask that as part of your application, you complete the below:

1) Complete your PLUM Profile

2) Save your PLUM Profile as PDF. to learn how

3) Complete a very short one-way video interview by clicking (if you have already done this, you don’t need to do it again)

4) When it prompts you to submit your resume, do not attach your resume! Instead, attach your most recent transcript and your PLUM profile in one PDF under the “resume” section. Cover letters are optional.

Note: You do not need to complete your PLUM profile or video interview multiple times if you are applying to multiple positions. Also, we have full access to your entire profile from Plum and won’t use the screenshot but it’s a great reminder for each of you to have completed it.

We thank you all for your interest in Scotiabank! However, only those selected for an interview will be contacted. If you require accommodation during the recruitment and selection process, please let us know. We will work with you to meet your needs

**In order to be considered for student opportunities at Scotiabank and/or Tangerine, you must submit your PLUM Assessment and Video Interview. **

Location(s): Canada : Ontario : Hamilton

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 . 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.

Company: Scotiabank

Expected salary:

Location: Hamilton, ON

Job date: Sat, 19 Jun 2021 04:37:49 GMT