Senior Manager, Portfolio Management, Real Estate Secured Lending (RESL)
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Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Requisition ID: 243606
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
What you will be doing:
As the Senior Manager Portfolio Management you will play an integral role in ensuring the profitability and sustainability of Scotiabanks mortgage business. You will uncover high-value opportunities to enhance profitability risk profile and overall performance of the Real Estate Secured Lending (RESL) portfolio by leveraging analytics market insights and strategic problem-solving. By working with partners across Risk Finance Treasury Distribution and Product you will help design and execute strategies that improve customer outcomes optimize portfolio health and fuel sustainable growth for the Bank in alignment with regulatory standards internal policies and procedures.
Is this role right for you In this role you will:
- Lead and drive a customer-focused culture that deepens client and broader Bank relationships strengthens cross-functional collaboration and delivers meaningful outcomes across the RESL ecosystem.
- Partner with RESL Finance and Analytics Risk Distribution and Treasury teams to conceive initiate and lead analysis to uncover opportunities to improve profitability and performance of the RESL portfolio through cost reduction asset growth revenue enhancement capital optimization and process controls. You will lead initiatives to implement solutions based on opportunities identified.
- Oversee the day-to-day performance management of the RESL portfolio including forecasting trend analysis and business insights that support proactive decision-making.
- Lead the annual Covered Bond Audit in collaboration with Group Treasury and the RESL Securitization Team. The Covered Bond program is a critical component of the Banks funding strategy and a successful annual audit as mandated by CMHC enables the Banks continued issuance of Covered Bonds. You will lead a team composed of RESL staff and temporary resources to complete the audit over a 2-4 month period each year.
- Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.
Do you have the skills that will enable you to succeed in this role - Wed love to work with you if you have:
- Post-secondary education with a business or finance focus (preferred).
- Strong knowledge of Real Estate Secured Lending and the competitive landscape.
- Lending experience/background (preferred).
- Strong analytical and project management skills.
- Solid communication interpersonal and negotiating skills to interact with external partners and other Bank stakeholders.
- Strong focus on accuracy timeliness thoroughness and attention to detail.
- A high degree of self-assurance initiative and business sense to perform responsibilities independently within established parameters.
Whats in it for you
- Diversity Equity Inclusion & Allyship We strive to create an inclusive culture where every employee is empowered to reach their fullest potential respected for who they are and embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn grow and participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities ethnicity race age ability and veterans.
- Accessibility and Workplace Accommodations 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. Scotiabank continues to locate remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
- Upskilling through online courses cross-functional development opportunities and tuition assistance.
- Competitive Rewards Program including bonus flexible vacation personal and sick days and benefits starting on day one.
- Community Engagement No matter where you choose to work from we offer opportunities for community engagement and belonging through programs such as hackathons contests cooking with friends Humans of Digital and much more!
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.
Required Experience:
Senior Manager
Key Skills
- Microsoft Office
- Portfolio Management
- Microsoft Word
- Asset Management
- Yardi
- Microsoft Excel
- Administrative Experience
- DocuSign
- Property Management
- negotiation
- Contracts
- Google Suite
About Company
Scotiabank is one of the leading foreign banks serving large national and multinational corporations in the U.S. through its Global Banking and Markets, Global Transaction Banking and Wealth Management business lines.
