Leveraged Finance Loan Operations (GWO Corporate Credit, Lending Services)*

Scotiabank · Dallas

Requisition ID: 272246

Salary Range: -

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

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

Purpose

Scotiabank is seeking an experienced leveraged finance, syndicated loan, agency services, or loan operations professional to support the ongoing growth of the Bank's Leveraged Finance platform.

This role requires direct experience supporting broadly syndicated Term Loan B (TLB) facilities, including experience supporting transactions where the institution acted both as a participant and as an Administrative Agent.

Level and title will be determined based on the successful candidate's experience, leadership capability, and depth of relevant product and operational knowledge.

This role will support leadership and execution across key aspects of the leveraged finance and syndicated lending operating model, including loan closings, amendments, agency servicing, loan trade settlements, deal administration, operational controls, process improvement, and platform governance.

Working closely with Front Office, Credit Risk, Legal, Treasury, Technology, Compliance, and Operations partners, the successful candidate will help support and enhance scalable operating capabilities across North America.

What You'll Do

1. Strategic Leadership & Business Support

Lead and/or support operational activities associated with leveraged loans, syndicated credit facilities, revolving facilities, term loans, and other corporate lending products. Scope of responsibility will be aligned with the successful candidate's experience and role level.
Develop and/or support execution of the operational strategy required to support the expansion and growth of the Leveraged Finance platform.
Serve as a key operations partner to Leveraged Finance Origination, Syndications, Capital Markets, and Credit teams.
Build scalable operating models, procedures, and technology solutions to support increasing transaction volumes and product complexity.
Represent Loan Operations, as appropriate, on governance committees, strategic initiatives, and regulatory examinations.

2. Agency Servicing & Platform Governance

Lead or support oversight of agency servicing activities for leveraged finance facilities where the bank serves as Administrative Agent.
Ensure accurate management of borrower notices, lender communications, interest calculations, fee processing, rate resets, amendments, waivers, and voting processes.
Develop and oversee governance standards for agency systems and platforms, including SyndTrak and related lender communication tools.

Establish controls around:

User access management
Document approvals
Document sourcing and validation
Audit trails and record retention
Design scalable operating procedures and service-level expectations in coordination with GWO CLS Management.
Maintain strong relationships with borrowers, sponsors, legal counsel, lenders, and external service providers.
Establish operating procedures to support growing agency mandates and market-facing responsibilities.
Ensure compliance with credit agreements, market standards, and internal policies.
Drive continuous improvement initiatives focused on automation, risk reduction, and operating efficiency.
Partner with Technology to evaluate future-state workflow and digital solutions.

3. Loan Closing & Transaction Management

Lead and/or coordinate teams responsible for the closing and settlement of primary loan transactions where BNS is Agent.
Adhere to all LSTA and LMA market standards
Oversee operational readiness and execution for new deals, amendments, repricings, refinancings, and restructurings.
Coordinate closely with Legal, Front Office, Credit, Compliance, KYC, and Treasury teams to ensure timely deal funding.
Ensure satisfaction of funding conditions and completion of all closing requirements prior to transaction settlement.
Establish and monitor key performance indicators related to closing efficiency, accuracy, and client service.

4. Deal Administration

Provide leadership over the ongoing administration of syndicated and bilateral loan portfolios.
Oversee borrower onboarding, facility setup, covenant monitoring support, payment processing, and maintenance of loan records.
Ensure accurate capture and maintenance of legal terms within servicing platforms.
Lead operational support for amendments, transfers, assignments, lender changes, and portfolio events.
Lead the administration, posting, maintenance, and retention of transaction documentation, including:
Compliance certificates
Historical financial statements
Borrower reporting packages
Other required lender communications and supporting materials
Drive continuous process improvements to enhance efficiency and reduce operational risk.

5. Investor Coordination

Ensure effective operational coordination for incoming lender and investor inquiries.
Administer routing, tracking, and escalation of investor requests to the appropriate internal stakeholders.
Maintain clear governance procedures for handling inquiries and information requests.
Ensure substantive credit, business, and relationship responses remain the responsibility of Leveraged Finance Bankers and designated deal teams.
Monitor inquiry trends and identify opportunities to improve communication processes and service standards.
Support periods of elevated activity, including restructurings, amendments, distressed situations, or other heightened investor-engagement events.

6. Risk Management & Controls

Help establish and maintain a strong risk and control framework across loan operations activities.
Ensure adherence to regulatory requirements, internal policies, operational risk standards, and audit expectations.
Lead or support issue identification, remediation efforts, and control enhancement initiatives.
Manage operational incidents, root cause analysis, and corrective action plans.
Support internal audits, regulatory examinations, and governance reporting.

7. Technology & Transformation

Partner with Technology and GWO CLS Operations Transformation teams to enhance loan servicing and agency platforms.
Champion and help drive automation initiatives, workflow digitization, and operational efficiency programs.
Define target-state operating models and support implementation of new systems and operational capabilities.
Utilize management reporting and data analytics to optimize performance and capacity planning.

8. People Leadership & Influence

Lead, develop, mentor and/or influence teams supporting agency servicing, loan closing, and deal administration activities.
Collaborate effectively across Front Office, Operations, Technology, Legal, Compliance, Risk, and Finance partners.
Contribute to staffing, organizational planning and operational capability development as appropriate to role level.
Participate in governance, reporting, operational reviews, and strategic initiatives.

What You'll Bring

Bachelor's degree in Finance, Business, Accounting, Economics, or related field.
Direct experience supporting broadly syndicated Term Loan B (TLB) facilities.
Direct experience supporting syndicated loan transactions where the institution acted both as a participant and as an Administrative Agent.
Strong understanding of leveraged loans, syndicated credit facilities, agency bank responsibilities, and loan market practices.
Experience in one or more of the following areas:

Leveraged Finance Operations
Syndicated Loan Operations
Agency Services
Administrative Agent Functions
Loan Servicing
Loan Syndications
Corporate Lending Operations
Corporate Banking Operations
Capital Markets Operations

Experience managing, leading, or influencing operational teams and complex transaction workflows.Knowledge of loan documentation, credit agreements, settlement processes, and servicing requirements.Experience engaging with business leaders, regulators, auditors, and external clients.

Preferred

Experience supporting leveraged finance underwriting and syndication platforms.
Knowledge of LSTA/LMA market conventions and loan settlement practices.
Experience implementing operational transformation and technology modernization initiatives.
Advanced understanding of operational risk management and governance frameworks.
MBA, CPA, CFA, or other relevant professional designation.

Interested?

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s 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.

#Dallas

Location(s): United States : Texas : Dallas

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.

Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.

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