Manager - Loan Closing, Corporate Credit Lending Services (GWO)

Requisition ID: 250748
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Role

The Manager, CLS contributes to the overall success of the Loan Closing & Servicing team by executing individual goals and initiatives that align with broader business strategies and priorities. The role ensures all activities are completed in compliance with regulatory requirements, internal policies, and established procedures.

The Manager will perform a diverse range of responsibilities across loan closing, trade processing, operational control, and client servicing — including trade life cycle management, trade control/administration, reconciliation, KRI/KPI maintenance, client onboarding, and ongoing client service.

This role is both hands?on and leadership?oriented: Managers are expected to operate as strong individual contributors while supporting the Senior Manager/Director with daily activities, project initiatives, and coaching or guiding junior team members.

Is this role right for you? In this role, you will:

• Operate independently, identifying and resolving issues with minimal oversight. You thrive in a fast paced environment, make informed decisions quickly, and adapt to new business areas without requiring prior subject matter expertise.
• Champion a customer focused culture—deepening client relationships and leveraging broader Bank capabilities.
• Drive continuous operational improvement by:
  1. 1. 1. Solving complex, multi layered operational challenges
        2. Identifying efficiency opportunities and preparing proposals
        3. Defining business requirements and new/improved processes
        4. Leading or supporting development, testing, implementation, and change management activities
        5. Building and monitoring detailed project plans
        6. Influencing cross functional partners and senior leaders to gain alignment
• Execute daily CLS operational activities, including:

1. 1. Trade Support (trade capture, allocations, affirmations, amendments, rolls)
   2. Limits monitoring and breach management
   3. Documentation and confirmations
   4. Operational control and reconciliation
   5. Client service and CRM
   6. Onboarding & enablement (security, counterparty, user setup)
   7. Loan trade settlement support
   8. Assisting with audit requests and regulatory inquiries
   9. KRI/KPI reporting and governance

• Ensure effective day to day controls, upholding obligations related to operational risk, regulatory compliance, AML/ATF risk, conduct risk, and internal control frameworks.

Do you have the skills that will enable you to succeed in this role? – We'd love to work with you if you have:

• Post graduate experience in capital markets, finance, banking, process improvement, business analysis, or operational solution implementation.
• Strong understanding of banking/capital markets operations, ideally within trade operations or loan servicing.
• Demonstrated analytical and process engineering capabilities, including experience with process mapping and workflow optimization.
• Solid technical skills, including:
  1. Understanding of basic software engineering concepts
  2. Experience with SQL, VBA, MS Access, and Excel
  3. Ability to quickly learn internal systems and operational processes
• Results oriented, deadline driven, and self motivated; able to manage multiple priorities effectively.
• Leadership mindset, including the ability to guide junior team members, support performance management activities, and reinforce adherence to internal policies and procedures.

What's in it for you?

• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities – for you and our customers.
• A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.?
• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.?

Location(s): Canada : Ontario : Toronto
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.