Job Information
Scotiabank Analyst, Credit Risk - US in New York City, New York
Analyst, Credit Risk - US
Requisition ID: 202288
Salary Range: 67,400.00 - 125,200.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.
Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!
Purpose
The Analyst, Credit Risk - US sits within he US Credit Risk Management team and will cover US corporate borrowers which may include, but is not limited to, the following industry groups: general commercial & industrial, utilities/power, wholesale, agriculture, food & beverage, healthcare, technology, media & entertainment, retail, real estate, hospitality, gaming & leisure, and aerospace & transport. The general responsibility is to provide support broadly to credit risk professionals on the team. It is an entry level position to learn credit risk fundamentals and ideally will provide a career path into a credit officer position.
The position is in New York City, NY and reports to Director, U.S. Credit Risk – Corporates.
What You’ll Do
Review financial statement spreads that support credit underwriting decisions.
Perform basic review of credit request submissions for accuracy and completeness.
Contribute to preparation of annual industry reviews and conduct industry research.
Assist in monitoring the credit portfolio.
Work closely with credit officers to learn fundamental credit risk analysis.
Product coverage is broad and will provide exposure to all products that have credit risk, such as loans, loan products, derivatives, commodities, and banking products.
Provide additional support to the team in a variety of areas as needed, including special projects related to broader strategic initiatives.
What You’ll Bring
Minimum a Bachelor’s degree, ideally in a business related discipline. Master's degree, or equivalent, is an asset.
Interest in developing a career in banking and finance.
Analytical skills and interests are valuable.
Strong communication skills, both written and oral are necessary.
Important personal skills include being proactive, someone that takes initiative and is not afraid to ask questions and learn.
Collaborative, with a strong sense of teamwork is necessary.
Highly organized with an ability to work in a fast-paced, multi-stakeholder environment and manage multiple priorities.
Ability to prioritize tasks.
Creative problem-solving skills and the ability to motivate others and implement new solutions.
Interested?
If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.
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.
Location(s): United States : New York : New York City
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.