Credit Officer, Indirect Ag Financing (IAF), Commercial Banking Winnipeg

Requisition ID: 249570

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

Commercial Banking Ag is looking for a dynamic self-starter who embraces a team environment to join our team as a Credit Officer. If you have a winning mindset and are proactive resourceful and committed to profitable growth and delivering an exceptional client experience we invite you to consider this position.

Purpose

The Credit Officer Indirect Ag Financing is responsible for providing support and information to the IAF senior leadership as it relates to the credit adjudication process. The successful candidate provides a high standard of support to the team and contributes to the profitable growth and quality of the IAF portfolio.

This position is in the Winnipeg Commercial Banking Office. The portfolios have seasonality when tight deadlines and occasional extended working hours can be expected.

Accountabilities:

Credit & Compliance adjudication support:

• Organize and prepare documentation and correspondence relating to customer requirements.
• Recording information from various sources to complete customer reports and records on client profiles.
• Verifying information through investigation such as credit bureau reports telephone reference checks.
• Controlling incoming applications and compliance requests by logging reporting and monitoring them to establish records and to support the adjudication process.
• Completing review recommendation and approval on applications according to current credit policy.
• Participating in AML/Compliance reports and correspondence preparation.
• Completing the spreading of financial statements and/ or customer financial information in Credit Lens in an accurate and timely manner as per authorized frequency requirements.
• Keeping up to date of changes in accounting practices federal/ provincial tax regulations and other factors as they relate to the interpretation of financial statements.
• Ensuring that all relevant correspondence and authorizations are properly stored in the Shared Document Repository (SDR).
• Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Completing other various duties as assigned by management.

Provide superior customer service to the network Farm Supply Dealerships and individuals by:

• Developing and maintaining a deep understanding of IAF and Bank policies and procedures.
• Developing and maintaining a sound knowledge and understanding of the programs offered including the benefits to both the Dealers and the customers.
• Maintaining a good working relationship with IAF third party partners and all internal partners.
• Responding promptly and effectively to requests concerns and complaints from customers dealers IAF third party partners team members and internal partners.
• Efficiently support Senior IAF management by preparing credit applications and recommending credits for processing while ensuring that all the required customer information has been provided and that it is complete and accurate.
• Providing other support as required for compliance credit client-facing and/ or fulfillment activities and other analysis and deliverables.
• Creating and executing all ad hoc report requests received from the IAF senior leadership team.
• Gathering documentation and financial information required to support internal and external stakeholder requirement packages.

Contribute to the Departments productivity and service and the Banks financial and non-financial objectives by:

• Organizing work to maximize productivity.
• Actively identifying and participating with recommendations/ ideas for process and systems improvements.
• Identifying and referring to the appropriate sales officer existing and new business opportunities through his/ her ongoing customer contact.
• Providing other support as required to IAFs senior leadership team for compliance AML credit client-facing and/or fulfillment activities and other analysis and deliverables.
• Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Completing all function-specific documentation accurately as per Bank standards to protect both the organization and the customer.
• Completing due diligence on customer applications ensuring all aspects of the application including KYC and AML are within policy.
• Actively pursuing 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 contributes to an inclusive work environment.

Education / Experience / Other Information (include only those that are specific to the role)

• The Credit Officer must have proven financial analysis good credit judgement and a good knowledge of the Banks lending policies practices and procedures. Critical attention to detail is necessary for success.
• They will work on moderately complex financial solutions and will interact with clients and internal partners by gathering information and responding to internal inquiries. They must have strong organizational skills to monitor portfolio requirements collect and assimilate large volumes of information from various sources and concisely populate the information into a credit or compliance communication.
• Bachelor of Commerce or Business Degree or similar is preferred with 1- 3 years of related work experience.

Functional competencies:

• Extremely well organized and ability to multi-task.
• Strong organizational skills to monitor portfolio requirements collect and assimilate large volumes of information.
• Credit skills - familiarity with drafting credit requests spreading financial statements assessing risk and drawing conclusions.
• Advanced attention to detail required for compliance reviews and reporting.
• Knowledge of the agriculture industry considered an asset.
• Knowledge or experience with Risk Analysis considered an asset.
• Good communication skills (oral and written).
• Good Microsoft Office skills.
• Interpersonal skills to effectively interface with customers.
• Good knowledge of the Banks commercial products and services.
• Team player with a positive attitude and a willingness to learn.

Working Conditions:

Work in a standard office-based environment; non-standard hours are a common occurrence due to seasonality of the business volumes. Periodic travel may be required.

Location(s): Canada : Manitoba : Winnipeg

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.