Assistant Manager, Supply Chain Finance, Trade Finance Operations (12-Month Contract) - Toronto

Requisition ID: 273708 

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

Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Corporate, Commercial, and Small Business clients with effective treasury management solutions coupled with a best-in-class service model, making it easy for clients to do business with us.

As our clients transform their operating models, expand globally and deploy digital capabilities and their cash management needs are evolving too. Boasting a unique global footprint, GTB’s comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline treasury processes, simplify payments, improve working capital performance, and mitigate financial risk.

At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization.

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

Purpose:

The Assistant Manager is responsible for reviewing and approving Supply Chain Finance transactions, to provide a high level of Customer Service and contribute to the overall success of the Supply Chain Finance Services Centre, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

What You'll Do:

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• If required, process transactions within a wide range of complexity. These may include, but not limited to Payable Finance products, Trade receivable purchase products, Trade Loans or other Trade and Supply Chain Finance Structured Products.
• Thoroughly review and release transactions prepared by the SCF Analysts, making sure that they fall within the authorized limit, and escalate to the SCF Manager, if necessary.
• Operate various platforms and systems needed in order to perform daily functions: BESS, Input Facility, CorrRisk, CGI-T360, Prime Revenue, ACBS, Scotia Connect, etc.
• Exhibit ample understanding of all the facility structures and verify that all transactional documentation is complete, compliant and appropriately authorized
• Perform (or assist with) the balancing of the G/Ls entries and the loans under each facility. Prepare regular monthly and ad-hoc reporting
• Contribute to the set up and maintenance the Facilities and Transactions Check list, the Shared Drive, Group email, Customer and Facility Folders
• Respond promptly and effectively to requests from customers, SCF Sales team and escalate any concerns and complaints to the Manager and Senior Manager in order to propose workable solutionUnderstand how the Bank’s risk appetite and
• culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
• Champions a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.
  

What You'll Bring:

• University Undergraduate Degree in Finance or business-related studies or equivalent
• Project managment experience is recommended
• Supply Chain Finance knowledge is an asset
• Expert knowledge of Supply Chain Finance products and services
• Strong working knowledge of Bank’s AML and Compliance policies
• Advance computer skills, particularly MS Office Suite - Excel, Access, Word, Power Point, etc.
  
  

Interested?

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.

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 experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.

At Scotiabank, we value the unique skills and experiences everyone 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. 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.

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.