Scotiabank Analyst, US Energy Corporate Banking in Houston, Texas

Analyst, US Energy Corporate Banking

Job ID 73449 Date 04/19/2017

Houston, Texas

Join the Global Community of Scotiabankers to help customers become financially better off.

A Best Workplace

Scotiabank is a premier financial institution and Canada’s most international bank recognized as a Best Workplace®, in Canada, Mexico, El Salvador, Costa Rica, Puerto Rico, Dominican Republic, Panama, Peru, Chile and Latin America by the Great Place to Work® Institute.

A multinational winning team

Scotiabank is Canada’s international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and parts of Asia. We are dedicated to helping our 21 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management, corporate and investment banking.

Corporate Social Responsibility

Scotiabank helps to build bright futures worldwide through ethical banking practices, environmental awareness and a commitment to communities.

Purpose:

The Analyst supports more senior officers in the development of business with prospect companies and the maintenance/enhancement of relationships with existing accounts. The Analyst has two major roles: to strengthen existing relationships by providing high quality account administration and to assist in obtaining new business through the analysis and structuring of transactions, as well as the developing of marketing materials.

Major Accountabilities:

  1. Analyzes lending opportunities. Assists in the preparation of credit presentations and recommendations for review by more senior officers and then by corporate credit completing the financial analysis.

  2. Assists in the management of the unit’s loan portfolio. Assists with annual reviews, coordinates account management with team members and Loan Administration Officers, and handles customers’ requests for waivers, amendments and restructuring of credit facilities.

  3. Monitors client compliance.

  4. Ensures client files are complete and up to date.

  5. Assists in the development of marketing materials for client presentations

  6. Other responsibilities as assigned.

Requirements:

This is an entry-level corporate banking position requiring business or professional training. The Analyst requires strong financial, accounting, computer literacy and excellent written and oral communication skills. This is a complex and demanding environment with few guidelines. Considerable initiative, creativity and good judgement are necessary. A high level of commitment and a strong sense of teamwork are needed to succeed in the initial role.

Within the credit area, detailed financial analysis is performed, including computer modeling to assist in the decision-making process as to the viability of a facility and the various pricing alternatives.

As the incumbent gains experience, she/he is expected to operate with less direction and to deal independently with routine administrative matters for existing accounts and work independently; however, more experienced officers are usually available to provide guidance and direction.

Dimensions:

Industry product expertise:

  • Demonstrates knowledge of lending and capital markets products available in the US and processes for execution of transactions.

  • Demonstrates understanding of the various industries as required.

Client Solution Focus:

  • Demonstrates solid financial accounting knowledge.

  • Demonstrates straightforward and succinct analysis of key risks of existing or proposed new business.

  • Demonstrates concise rational supporting actions and recommendations for client solutions.

  • Able to identify the key risks in a transaction and structure transaction with supervision.

  • Able to conduct due diligence research on assigned account.

  • Integrate product group material into effective client pitch books.

Client Relationship:

  • Demonstrates professional approach in any client interaction.

  • Maintains clear communication with client and internal parties, deals and issues as assigned.

-Understands the need to manage clients to ensure sufficient returns for the Bank and understands the importance of exiting unprofitable relationships.

Teamwork:

  • Demonstrates flexibility to demands of work and is seen as a valuable team resource.

  • Promotes cooperation and strong professional working relationships within the working unit, Product Groups, Loan Portfolio Management and Global Risk Management.

Results Focused:

  • Demonstrates clear concise rational supporting recommendations and actions.

  • Demonstrates a sense of urgency as appropriate to the situation.

  • Demonstrates a desire to learn new concepts.

  • Demonstrates the ability to process new transactions and annual review in a timely manner.

  • Demonstrates the ability to multi-task - to be included in more than on priority task.

Working Conditions:

The Analyst works in a standard environment. The Analyst constantly faces deadlines related to client demands for decisions from the Bank with short time frames. Evening and weekend work is normal and late sessions frequently have to be scheduled without notice. The position requires occasional travel for calls, bank meetings and negotiations and due diligence trips.

Scotiabank is committed to providing an inclusive and accessible candidate experience. Only those candidates selected for an interview will be contacted. If you require accommodation during the recruitment and selection process, please let us know. We will work with you to meet your needs.