Junior Business Analyst – Toronto

Junior Business Analyst – Toronto

Toronto Full-Time 76500 - 93500 $ / year (est.) Hybrid
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At a Glance

  • Tasks: Support Corporate Banking teams with compliance, reporting, and data management tasks.
  • Company: Join Scotiabank, a leading bank in the Americas with a collaborative culture.
  • Benefits: Flexible benefits, competitive salary, and opportunities for personal and professional growth.
  • Other info: Onsite role with excellent career advancement opportunities.
  • Why this job: Make an impact in a dynamic environment while developing your analytical skills.
  • Qualifications: Attention to detail, advanced Excel skills, and strong communication abilities.

The predicted salary is between 76500 - 93500 $ per year.

Global Banking and Markets (GBM) conducts the Bank’s wholesale banking and capital markets business with corporate, government and institutional investor clients. GBM is a full-service wholesale bank and investment dealer in Canada and Mexico and offers a range of products and services in the U.S., Latin America and in select markets in Europe and Asia-Pacific.

More specifically, GBM provides clients with: corporate lending; transaction banking (including payments, trade finance and cash management); investment banking (including corporate finance and mergers & acquisitions); fixed income and equity underwriting, sales, trading and research; prime services (prime brokerage and stock lending); foreign exchange sales and trading; commodity derivatives; and collateral management.

The Business Support team plays a key role in supporting Corporate Banking teams in Canada, the US and Europe. The Junior Business Analyst (JBA) is a key contributor to the success of the team, assisting in the management of important operational functions including monitoring of loan reporting and compliance, task set up and management, system upkeep and various other reporting requirements.

What You’ll Do

  • Review of loan documentation in order to establish the appropriate reporting requirements/tasks in the C360 (Credit Adjudication System)
  • Responsible for C360 Data management and integrity, including review of various data sources to identify an issue or required change
  • Assist with data management and ad hoc data queries
  • Monitor deal sites; retrieve relevant reporting and assign tasks as required
  • Maintain accurate and critical monthly, and weekly reporting
  • Responsible for compliance past due reporting and communicating with Bankers with respect to loan reporting requirements
  • Ensure completeness of the Shared Document Repository (SDR) with respect to loan documentation and other reporting requirements
  • Maintain Business Support SharePoint content by making sure process manuals are up to date
  • Participate in strategic planning to identify, research, prioritize, and implement various initiatives relating to the management of departmental data processes and procedures
  • Provide analytical and data management support on ad hoc initiatives
  • Various additional sundry responsibilities as required

What You’ll Bring

  • Undergraduate degree (business degree not essential but will be considered an asset)
  • Exceptional attention to detail
  • Advanced excel skills (ie: macros) an asset
  • Ability to multi-task and work under pressure to meet deadlines, while maintaining high standards of work
  • Demonstrated strong verbal and written communication skills
  • Exceptional organizational and coordination skills with the ability to independently prioritize hectic workload and ensure assignments are completed accurately and meet given deadlines, often in a fast-paced, stressful environment
  • Familiarity with Corporate Banking products and systems would be an asset.
  • Ability to work well as a team player or independently
  • Demonstrated self-starter and forward thinker with the ability to provide recommendations on future development of reporting functions/practices, systems etc.
  • Ability to identify technological issues with respect to the integrity of data
  • Ability to interpret certain financial information for accurate preparation of various business reports
  • Strong PC skills including extensive experience with:
    • C360 – in-house Client Event and Task Tracking System – used extensively. (Training will be provided)
    • BFund and MFund – in-house database applications – used extensively. (Training will be provided)
    • Office 365 (Word, Excel, PowerPoint, Outlook) – Excel and Outlook used extensively.
    • Adobe Acrobat
    • Knowledge of Salesforce, CreditLens or Credit360 an asset
  • High tolerance for and adaptability to change
  • Ability to work overtime as required, often with short notice (sporadic)

Work Arrangement

This position is an onsite role, with the expectation that you will work 5 days a week in the office. Please note that this is subject to change based on the needs of the business.

Interested?

At Scotiabank, you’ll be joining an organization that values inclusion, accountability, innovative thinking and collaboration, a culture where people feel safe to learn, grow, and contribute while delivering exceptional results for our clients. We believe in winning together, as one team, strengthening the collaborative spirit that defines GBM’s client partnerships. We value transparency, shared goals, and purposeful work.

What’s in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

Junior Business Analyst – Toronto employer: Scotiabank - Global Banking and Markets

Scotiabank is an exceptional employer for Investment Banking Associates in Calgary, offering a dynamic work culture that prioritizes collaboration and professional growth. With access to senior team members and diverse transaction responsibilities, employees are empowered to develop their skills while contributing to meaningful client successes. The bank's commitment to mentorship and innovative business development ensures that associates thrive in their careers within a supportive environment.

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Contact Details:

Scotiabank - Global Banking and Markets Recruitment Team

We think you need these skills to ace Junior Business Analyst – Toronto

Attention to Detail
Advanced Excel Skills
Data Management
Compliance Monitoring
Reporting Skills
Organizational Skills
Communication Skills