Analyst, Trade Finance Operations, Processing (6-month Contract)

Requisition ID: 222431

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

Purpose:

The Trade Finance Processing Analyst will play a crucial role in facilitating, managing trade finance transactions and contributes to the overall success of the Trade Services Centre. The Analyst will be responsible for ensuring smooth and efficient processing of trade finance instruments, documentation and related activities. Ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives.

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

• Process a variety of trade finance instruments, including letters of credit, documentary collection and standby letter of credit / guarantees.
• Accurately input data from client's application and relevant documentation into the trade finance systems.
• Ensure that transactions are executed in a timely and accurate manner, in adherence with established service level agreement.
• Collaborate with the trade finance service team, and other internal stakeholders to facilitate the seamless flow of transactions.
• Develops and maintains an expert level knowledge of trade finance products and services.
• Continuously provide a high level of Customer service while ensuring that operational and documentary requirements are met while mitigating bank risk and customer risk.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AMUATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AMUATF Global Handbook and the Guidelines for Business Conduct.

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

• Sound knowledge of Trade Finance Products
• Strong Customer Service Focus.
• Good working knowledge of ICC rules, ISP98, URDG 758, URC525 and UCP 600.
• Proficiency in Microsoft Office applications: MS Office (Excel, Word, Power Point).

Work Arrangement:

• Work in a standard office-based environment; non-standard hours might occur from time to time.

Interested?

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That is why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

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.