Senior Manager, IB Special Accounts Management (SAM), GRM (Spanish Speaking)

Responsibilities

• Provide strategic oversight of watchlist accounts and governance over the IB Watchlist and Problem Loan portfolio in Latin America and the Caribbean.
• Work collaboratively with local SAM banking units to formulate optimal strategies for both the bank and the borrower.
• Provide coaching and guidance to SAM Banking and Execution teams to improve the quality and efficiency of the workout process.
• Minimize losses by providing strategic advice on portfolio performance and maintaining regular dialogue with execution teams.
• Monitor the timely review of all applications and submissions while ensuring accurate documentation of authorization terms.
• Ensure data accuracy in various databases and reports, including requirements related to Basel and Problem Loan Data Capture.
• Present and report on the watchlist and problem loan portfolio to the Senior Credit Committee.
• Participate in quarter-end processes to calculate and report on IFRS 9 provisions.
• Liaise with internal audit, banking regulators, and external auditors.

Requirements

• Post-Secondary Education completed; an MBA is considered an asset.
• 5+ years of experience in corporate/commercial credit or relationship management functions.
• Strong credit acumen with the ability to identify and mitigate forward-looking risks.
• Understanding of legal recovery frameworks.
• Strategic thinking and advanced problem-resolution skills.
• Full proficiency in English is required; bilingualism in English and Spanish is preferred.
• Ability to travel to Latin America and/or the Caribbean as required.

Preferred Qualifications

• Experience in syndicated loan deals.
• Experience in workouts and collections for stressed debt loans and assets in the commercial and corporate segments.
• Knowledge of financial modelling.

Benefits

• Competitive rewards package including a performance bonus.
• Employee Share Ownership Program and Pension Plan Matching.
• Comprehensive health benefits available from day one.
• Access to career development and progression opportunities within a global organization.

About the Company

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 corporate and investment banking.