Funding Supervisor, Montreal, QC/ Hamilton, ON

Requisition ID: 198774
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose

The Funding Supervisor supervises and controls a funding unit for a specific area or function within the Bank, specifically, in a Dealer Finance Centre. He/she is responsible for meeting negotiated goals which include customer and employee satisfaction goals, human resource management and operational effectiveness objectives. He/she provides leadership and guidance to a team of funding staff in a manner consistent with the overall Domestic Bank strategy of developing and leading a customer-focused culture while achieving business line revenue and ROEE objectives. This includes a primary responsibility for leading, managing, coaching and training others by focusing on Customer Service disciplines.

Accountabilities

• Ensure the provision of a high level of funding support by:
• Assessing the complexity of assignments and assigning to the appropriate skill level within the unit;
• Monitoring and authorizing transactions prepared by others;
• Ensuring scheduled assignments meet critical processing / reporting deadlines;
• Following specific disciplines relative to the business unit, e.g. legislative / compliance / regulatory requirements;
• Ensuring compliance to AML (Anti-Money Laundering) and KYC (Know Your Customer) policy;
• Ensuring adherence to Information, Security and Policy Privacy Requirements.
• Occupational Health & Safety Officer as assigned.

Ensure records are maintained and monitored to identify / action unusual situations or irregular activity, in accordance with standard practices and established departmental / unit procedures by:

• Ensuring regular procedures are performed and statements produced as required;
• Analyzing and reviewing overall data / trends / information from various sources, conducting reasonability tests;
• Investigating causes, identifying issues, resolving within own authority levels, and recommending proposed corrective action;
• Performing periodic reviews and following-up on unusual / irregular situations;
• Investigating discrepancies;
• Taking corrective action by resolving issues / discrepancies and/or escalating as appropriate;
• Daily monitoring of Scotia Direct.

Develop annual plans by:

• Researching, analysing, trending historical results;
• Projecting and supporting future trends;
• Preparing reports and plans outlining findings.

Ensure daily processing of work is completed according to procedures and practices by:

• Confirming that work is checked and prepared, and reviewing/assessing status; (writing up of deals)
• Conducting periodic verification of material and reports;
• Monitoring and following up unusual / unauthorized items and escalating / coordinating resolutions as required;

Satisfying all exception conditions:

• Responding to requests for information / clarification and providing explanations and rationales for all aspects of work;
• Daily registration of CSC;
• AML Compliance Back-up;
• Member of BCP.

Manage and develop subordinate staff by:

• Ensuring staff performance meets expectations by coaching, providing training and appropriate tools;
• Assisting in developing performance objectives and ensuring these are clearly communicated to staff;
• Recruiting, interviewing and selecting candidates to fill vacancies, and ensuring the most qualified candidates are selected and employment equity objectives are considered in the recruitment process;
• Assessing individual performance / preparing and conducting performance appraisals / providing feedback to enhance career development;
• Recommending training courses / seminars where appropriate;
• Motivating staff to achieve a high level of performance and productivity;
• Evaluating performance for promotion, staff planning and salary administration purposes.

Provide explanation and rationale for all aspects and/or the work in scope escalated by staff by:

• Reviewing documentation supporting decisions;
• Responding to requests for information / clarification.

Assists with Human Resource Management functions for the Funding Department by:

• Ensuring employee files are completed as assigned;
• Performing orientation for new employees.

Competencies:

• Excellent communication and interpersonal skills to deal effectively with subordinates and to liaise with other areas of the Bank;
• Excellent organizational skills;
• Strong knowledge of legislative, governance or regulatory rules, Anti-Money Laundering/Anti-Terrorist guidelines;
• Thorough knowledge of the operational guidelines / practices in the division and how it aligns with overall Bank processes / procedures;
• Thorough proficiency in automated systems and software packages relevant to a DFC;
• Lotus Notes and Microsoft Office;
• Backup LLA, dealing with all aspects;
• Complete returns as assigned.

Location(s): Canada : Quebec : Montreal || Canada : Ontario : Hamilton || Canada : Quebec : Anjou
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.