Credit Solutions Manager (Kingston, Jamaica) - Scotiabank Jamaica

The Credit Solutions Manager (CSM) is responsible for contributing to the profitable growth and quality of the Banks Corporate and Commercial Credit portfolio by performing financial solutions related activities for clients including risk analysis, deal structuring, pricing, negotiation and credit presentation in concert with the Client Relationship Manager (CRM). The (CSM) is responsible for the deal structuring, negotiation and final decisions on pricing within his/her defined portfolio. The incumbent interfaces directly with clients at times, in partnership with the Client Relationship Manager. As well, the CSM liaises with Credit/Global Risk Management through the credit decision-making process.

Major Accountabilities:

Contributes to the profitable development of Commercial Credit business

• Ensuring the timely analysis, structuring and presentation of credit/financial solutions proposals within the prescribed segment;
• Providing prompt and sound recommendations in the analysis and adjudication of credit proposals;
• Ensuring that writing to the Client Relationship Manager clearly conveys the rationale for decisions, so that they may respond effectively to clients;
• Recommending alternative terms, conditions and covenants to provide a viable banking proposal to the client within sound credit lending practices;
• Restructuring marginal proposals into bankable deals where possible;

Ensure the ongoing quality of the assigned credit portfolio through control and administration of the specific conditions and reporting requirements as specified in individual authorizations are adhered to:

• Advising senior management of any credit weaknesses developing within individual accounts, by ongoing awareness and analysis of relevant financial, legal, political, technological, and industry information;
• Maintaining adherence to the Bank's Anti-Money Laundering programme and Guidelines for Business Conduct, by reporting any unusual occurrences or fraudulent activities per established procedures.
• Adhere to regulatory and internal bank policies and requirements.

Ensures the accurate communication of the terms and conditions of an authorization and supervises the effective and timely implementation of the same by:

• Writing or reviewing all written authorizations to ensure accuracy, completeness and clarity.
• Promptly and effectively addressing issues surrounding the adequacy, quality and completeness of loan documentation and security;
• Ensuring prompt follow-up for acceptance of credit authorizations and responding promptly to any problems, amendments, extensions, reporting to senior management where necessary;

Knowledge and Skills

• Excellent credit skills and significant credit experience
• Excellent risk assessment and analysis skills
• Excellent accounting and financial analysis skills
• Excellent deal structuring skills
• Undergraduate Degree in Banking, Finance, or related discipline
• Minimum three (3) years' experience in commercial banking or credit risk

Please send your resume no later than June 9, 2023, to: Jamaica.careers1@scotiabank.com

Kindly put the job title in the subject line when applying.

We thank all applicants, however, only those being considered will be contacted.