Credit Analyst
Requisition ID: 274150
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

As a Credit Analyst, you will contribute to the overall success of the Credit/Risk, Account Maintenance, Financial Canadian Wealth Management business ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives.

You will ensure all activities conducted are compliant with governing regulations, internal policies, and procedures.
**Is this role right for you? In this role you will:**
Generate, modify, and interpret various reports to identify accounts that pose credit and market risk to the firm as well as violate industry and firm policies
Answer inquiries, explain policies and procedures, approve orders above set limits, update relevant information, and provide guidance to Online Brokerage staff, internal departments, and clients
Implement and remove trading and banking restrictions in margin, cash, and registered accounts, based on thorough analysis of account and trading patterns and activity
Monitor market activity for security price fluctuations and evaluate accounts holding the position and take any corrective action necessary
Liquidate and purchase securities as required
Identify and update securities with incorrect loan values in multiple systems and applications
Investigate non-routine problems and discrepancies to determine risk and exposure and make decisions to minimize financial impact
Issue and follow up approximately two hundred margin call notices daily and manage similar number of cash-based accounts
Analyze and scrutinize large daily and weekly reports and action before the markets close each day
Approve various type of payments (wires, abb's, eft's, cheque, transfers etc.)
Complete sundry duties as assigned
**Do you have the skills that will enable you to succeed in this role? – We'd love to work with you if you have:**




A minimum of 3 to 5 years direct relevant investment industry experience, preferably with a CIRO member firm, in a relevant functional area (e.g., trading, operations, sales, audit)
College Diploma or University Degree
Licensed as an Investment Representative (IR) through CIRO is required
Licensed as an Investment Representative (IR) with Options through CIRO is required
Expert level of market knowledge, policies and procedures for decision making and education of support areas
Strong Computer skills including knowledge of Thomson One, Bloomberg, and MS Office (Outlook, Excel, Access, Word)
Excellent people and problem-solving skills
Robust time management and teamwork skills to accurately accomplish specific tasks within strict deadlines
Effective verbal and written communication skills
Excellent analytical skills, sound business judgment, and creativity
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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) .

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.

📌 Credit Analyst (Toronto)
🏢 Scotiabank
📍 Toronto