Associate, Mortgage Capital Markets, Global Capital Markets (225625)
Associate, Mortgage Capital Markets, Global Capital Markets (225625)
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Job Description
Requisition ID: 225625
Salary Range:145000.00-160000.00
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 candidates relevant knowledge skills and experience.
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
Title: Associate Mortgage Capital Markets Global Capital Markets
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America operating globally for over 100 years. Scotiabanks strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing mergers & acquisitions corporate banking institutional equity sales trading and research fixed income products derivatives energy foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.
Be part of an innovative Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!
Purpose
Contributes to the overall success of the Mortgage Capital Markets team in the United States ensuring specific individual goals plans initiatives are executed / delivered in support of the teams business strategies and objectives. Ensures all activities conducted follow governing regulations internal policies and procedures.
What Youll Do:
- Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
- Prepares pitch books and marketing presentations in support of the mortgage financing and capital markets platform.
- Assists in structuring negotiating terms and documentation with borrowers and other third parties culminating in the closing of transactions.
- Works on maintaining the existing portfolio by handling clients requests related to the warehouse facilities collateral and customer funding requests. Also draft annual risk reviews and works on internal credit underwriting approvals. Work closely with credit officers to coordinate the requisite reviews by risk management. Work closely with trading team to ensure daily marking of positions and requisite margin call monitoring.
- Attends due diligence meetings.
- Reviews daily collateral reports and monitors asset performance trends.
- Coordinates a variety of activities with the mid-office and operations teams including the closing of new and existing transactions daily draw requests tracking and monitoring of collateral and providing them with updates or changes to the terms or funding of deals as required.
- Understand how the Banks 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 AML/ATF risk and conduct risk including but not limited to responsibilities under the Operational Risk Management Framework Regulatory Compliance Risk Management Framework AML/ATF Global Handbook and the Guidelines for Business Conduct.
- Be an active ally and advocate for Diversity Equity and Inclusion. Strengthen a culture centered around inclusion and creating a sense of belonging for all employees.
What Youll Bring
Demonstrates sound knowledge of mortgage financing fundamentals with experience in agency mortgage warehouse lending preferred
Degree in Business or related field. MBA/CPA/CFA or other industry designation is helpful
Banking experience in a Corporate/Commercial lending or related environment
Prior experience in mortgage capital markets / mortgage warehouse financing strongly preferred
Requires computer (Word Excel PowerPoint) proficiencies as well as excellent written and oral communication skills
Experience in credit analysis and familiarity with legal document review required
A high level of commitment and a strong sense of teamwork are needed to succeed in the role
Roll-up sleeve attitude to support the team and internal stakeholders in a new business build and help where needed
Ability to prioritize make timely and sound judgments and succinctly communicate with senior management
Series SIE 63 & 79 to be obtained in due course
Interested
At Scotiabank every employee is empowered to reach their fullest potential respected for who they are and embraced for their differences. Thats why we work to grow and diversify talent and engage employees in a performance-oriented culture.
Whats 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): United States : Texas : Houston
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.
Required Experience:
Exec
Employment Type
Full Time
