Associate, Private Equity Sponsor Coverage Group - Commercial Banking (Toronto, ON)

Associate, Private Equity Sponsor Coverage Group – Commercial Banking (Toronto, ON) Requisition ID:

240306

Purpose The Associate contributes to the profitable growth and quality of the Bank’s Commercial Credit portfolio by supporting the Private Equity Sponsor Coverage Group in credit application write‑up, collecting information, conducting financial modelling, and providing company and industry analysis for the Deal Team.

Accountabilities Champions a customer‑focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.

Contribute To Commercial Loan Portfolio Growth And Profitability By

Performing analytic functions and due diligence on deals

Assisting with transaction execution (deal write‑up, analysis in Moody’s Financial Analyst and Borrower Risk Rating model)

Completing risk assessments and developing recommendations for appropriate actions

Analyzing and processing amendment requests

Researching credit and bank service requirements of existing and prospective clients

Building financial models

Conducting industry research

Credit Analysis and Documentation Responsibilities

Ensure credits are properly investigated, evaluated and documented using MFA output and additional trend analysis from financial statements

Conduct sensitivity analysis by modelling and projecting financial statements

Support the Associate Director in obtaining documentation required for closing transactions, including conditions precedent

Experience with NCino is an asset

Operational Risk, Regulatory Compliance and Conduct Understand and apply the Bank’s risk appetite in day‑to‑day activities and decisions. Maintain effective day‑to‑day business controls to meet obligations under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and Conduct Risk Guidelines.

Education and Experience Requirements

Post‑secondary education – B.B.A., B.Comm. or equivalent

2–3 years of corporate/commercial lending experience preferred

Intermediate credit skills (complex deal write‑up, financial spread, risk assessment)

Intermediate accounting and financial statement analysis

Intermediate or advanced Excel skills

Strong communication and interpersonal skills

Basic sales skills and ability to attend client meetings

Working Conditions

Standard office‑based environment; non‑standard hours and limited local travel may be required

Prompt and timely responses to credit applications are required; workload volume may vary

Non‑standard work hours are expected

Location Canada: Ontario: Toronto

Scotiabank EEO Statement Scotiabank is a leading bank in the Americas. Our purpose is "for every future" – we help our customers, families and communities achieve success. We value the unique skills and experiences each individual brings and are committed to creating an inclusive and accessible environment for everyone. Applicants who require accommodations during the recruitment process should contact our Recruitment team.

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