At a Glance
- Tasks: Support Client Relationship Managers with credit underwriting and client challenges.
- Company: Join Scotiabank, a leading bank in the Americas with a purpose-driven culture.
- Benefits: Competitive salary, performance bonuses, flexible benefits, and career development opportunities.
- Other info: Collaborative team atmosphere with exposure to diverse industries and financial solutions.
- Why this job: Make a real impact on Canadian businesses while growing your skills in a dynamic environment.
- Qualifications: College or university degree, strong knowledge of financial statements, and client service skills.
The predicted salary is between 85781 - 104843 $ per year.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Are you enthusiastic about making an impact for Canadian businesses? In Canadian Commercial Banking, we do not just serve businesses - we serve possibilities.
About the Opportunity: The Credit Solutions Associate (CSA) plays a key role in supporting Client Relationship Managers with end-to-end credit underwriting support for growth clients within Commercial Banking Distribution. In this role, you will work closely with internal partners and directly with clients to support financial reporting, funding requirements, onboarding needs, and the resolution of escalated client challenges. This position is focused on the Growth Segment and less complex Core clients.
How You Will Make an Impact:
- Champion a customer-focused culture that deepens client relationships and leverages broader Bank relationships, systems, and knowledge.
- Partner closely with Client Relationship Managers to support a portfolio of existing and prospective commercial clients.
- Conduct thorough credit analysis and evaluation of loan applications, including required due diligence from commercial clients.
- Assess the financial health, creditworthiness, and risk profile of potential borrowers.
- Prepare detailed credit reports and recommendations to support credit approval decisions.
- Analyze financial statements, credit reports, and other documentation to identify potential risks and opportunities.
- Monitor and manage the credit risk portfolio while ensuring alignment with the Bank’s risk management policies and procedures.
- Proactively identify, elevate, and help mitigate potential credit risks through ongoing monitoring and analysis.
- Contact clients for financial reporting, spread financial statements, projections, and borrowing bases, review results, and update appropriate systems.
- Ensure documentation is organized, accessible, and compliant with the Bank’s record‑keeping policies.
- Stay current with regulatory requirements, internal processes, policies, guidelines, and industry best practices.
- Apply the Bank’s risk appetite and risk culture in day‑to‑day activities and decisions.
What You will Bring to the Team:
- You bring a strong foundation in Credit Analysis, a client‑first mindset, and the ability to manage multiple priorities with accuracy and professionalism.
- You are comfortable working with financial information, collaborating across teams, and supporting timely, thoughtful credit decisions for Commercial Banking clients.
- Must-have
- Education: College or university degree, or equivalent work experience in a related field.
- Strong Knowledge of financial statements and credit analysis.
- Knowledge of credit structures and applicable risk management practices.
- Strong commitment to excellent client service, with the ability to resolve client issues in an amicable and timely manner.
- High attention to detail and strong organizational skills, with the ability to manage multiple tasks and priorities effectively.
- Ability to work collaboratively with Client Relationship Managers, internal partners, and clients.
- Flexibility to adapt to a wide variety of tasks in a fast‑paced Commercial Banking environment.
- Nice-to-have
- Working knowledge of Commercial Banking products and services.
- Experience using Commercial technology platforms such as Salesforce, Intralinks, and Microsoft Teams.
- Experience supporting financial reporting, borrowing bases, projections, and portfolio monitoring activities.
- Familiarity with regulatory frameworks, internal policies, procedures, and industry best practices.
What’s in it for You? When you join the bank, you are not just taking a job, you’re becoming part of a culture that values inclusion, accountability, integrity, and client‑centricity – that is our ScotiaBond which is the foundation for how we support our people and deliver for our clients. As an employee in Canadian Commercial Banking at Scotiabank, you can expect:
- A competitive Total Rewards package including performance‑based bonuses, flexible benefits, and market‑leading compensation.
- Ongoing career development and coaching from experienced leaders, with clear opportunities to grow within Commercial Banking and across Scotiabank.
- The chance to own and grow a high‑impact client portfolio, with real accountability and visibility in your market.
- A dynamic, collaborative, and high‑performing team that values partnership, inclusion, and shared success.
- Exposure to a broad range of industries, clients, and complex financial solutions, accelerating your learning and expertise.
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 Solutions Associate, Commercial Banking employer: Scotiabank
Scotiabank is an exceptional employer that fosters a purpose-driven and inclusive culture, making it an ideal place for professionals seeking to excel in the financial services industry. With a strong focus on employee growth, you will have access to comprehensive training and development opportunities while working alongside senior leadership in a collaborative environment. Located in vibrant cities like Calgary and Vancouver, you will enjoy a dynamic work-life balance and the chance to make a meaningful impact on ultra-high net worth clients across Canada and internationally.
