Toronto Employment Platform

Validation Officer (Casual)- Scotia Dealer Finance- Hamilton, ON.

Requisition ID: 101593Join the Global Community of Scotiabankers to help customers become better off.


The Validation Officer is responsible for completing verification and validation of critical information contained in approved loan / lease applications and other related supporting documents (Indirect Retail and DVLP leases) prior to release of funds.




As a Validation Officer, you’ll be Performing all verification activities related to approved Indirect Retail Loans and DVLP Leases received for funding by verifying documentation to checklist to ensure that all original loan/lease documents are included in the funding request package from the dealer (CSA/RLA, application, Bill of Sale, pay stubs or other proof of income, insurance coverage evidence, DVLP Worksheet, Funds Transferred form etc.


You’ll also:


Verifying that employment/income shown on Credit Bureau file or on pay stubs matches back to the original approved application in the ALS COM System.  If different and TDSR is negatively affected (i.e. exceeds 40%), referring the deal by electronic Alert back to Lending for re-decision;
including verifying the collateral description in documents back to the Bill of Sale;
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.
Resolve all identified discrepancies by Identify issues and take corrective measures where the deal received for funding is not in compliance with the original approval.
Taking action as directed and follow up all problem situations until resolved (through a BF system) with Lenders and Dealers to ensure correction and enable moving forward with funding.
Ensures all lease-end values and expenses shown on lease documents are within Bank guidelines and meet the Bank’s contractual obligations to the Residual Value Insurer, normally without escalation to DFC Management.
Performs all validation and funding activities related to approved Indirect Retail Loans and DVLP Leases received for funding by Forwarding the package of original documents to the Support Officer Funding for upload ,Where applicable verify payout and lien release requirements and prepare entries.
Provide a high standard of customer service by Responding to requests for information / clarification from dealerships regarding documentation and funding situations in a professional and efficient manner;
Escalating more serious situations/problems to the appropriate officer, as needed for speedy and equitable resolution;
Maintaining a positive working relationship with Lending, Accounting and other DFC Staff in order to quickly and efficiently resolve issues/problems before they result in loss of a dealer’s retail business and negatively impacting the commercial business relationship.



Sound knowledge of specific discipline relative to the business unit, e.g. documentation rules / guidelines;
Sound knowledge of automated systems and software packages relevant to the business: ALS COM, Lotus Notes and Microsoft Office;
Working knowledge of the Retail Lending and the relevant loan / lease credit policies, procedures, pricing and authorities;
Ability to focus on detail;
Strong organizational ability;
Ability to manage all Funding activities within established time and productivity targets, as set by Automotive Finance & Indirect Lending;
Knowledge of the products/services that meet Centre customers’ needs.
Strong knowledge of legislative, governance or regulatory rules, Anti-Money Laundering/Anti-Terrorist guidelines.




A positive and inclusive team environment where your voice and opinions are valued. We foster big thinking, professional growth and mutual respect.
A rewarding career path with diverse opportunities for professional development within Canadian Banking
A competitive compensation and benefits package.

Please Note: Work in a standard office-based environment; non-standard hours are not a common occurrence.



Location(s):  Canada : Ontario : Hamilton 

As Canada’s International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.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.

Only candidates can apply for this job.
Share this job

About Us

Talent Portal is a Toronto-based Job Board and Employment Platform. We are dedicated at helping talents reach their dream career.Candidates can search for jobs and set job alerts to receive new job notifications via email; Employers can post jobs online, and receive applications via email. It is free for both employees and employers.

Company Search

Social Networks