Intermediate Operations Analyst 35918

Location Address: 150 King Street (2-3 days a week in office)

Contract Duration: until 04/25/2025

• Business group: GWO - Lending Services team specifically works with Corporate Credit.

• Project: The incumbent contributes to the overall success of the Loan operations team located in Toronto, by managing a portfolio of medium to complex corporate loans and letters of credit where the Bank is the lead Agent Bank for a group of syndicate lenders or when the bank is providing a direct or bilateral financing for the customer. The incumbent is responsible for the accuracy and integrity of data, accounting reconciliation and record keeping aspects of the loans assigned to them ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives.

Typical Day in Role

• Perform day-to-day delivery of critical lending operations processes including loan administration and servicing for syndicate deals with BNS as a participant bank

• Support all aspects of servicing a deal including, but not limited to, rollovers, drawdowns, repayments, static data updates

• Be accountable to assigned portfolio and maintain portfolio health by reviewing control reports and clearing reconciliation discrepancies.

• Support additional reconciliation and investigation activities.

• Ensures that terms and conditions of authorizations and/or loan documentation are being adhered to including pricing, term and amount.

• Administers instructions by Agents on participations and customers on direct and agented deals including verification of limit availability, accuracy of calculations and disbursement/application of funds.

• Recognize and ensure all exceptions to policies and procedures are brought to the attention of management for resolution when required.

• Build effective relationships with key business partners by collaborating with process managers and subject matter experts to achieve desired objectives.

Must Have Skills:

1) 5-7 years experiences as an Operations Analyst or similar position

2) 2+ years of experience working in corporate lending operations, particularly with servicing syndication facilities

3) Demonstrated experience reading and understanding loan documentation

Nice-To-Have Skills:

1) Cash-reconciliation experience preferred

2) Experience with LoanIQ or equivalent lending, proprietary systems preferred

3) Intermediate excel skills (manipulate large volumes of data, basic formulas) preferred

Best vs Average: the ideal candidate would have exposure to LoanIQ and be able to work independently. This role may require the candidate work on the US holiday schedule.

Degrees or certifications:

• Bachelor's degree in Finance or related field.