Director, Real Estate Strategy

Requisition ID: 270628

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

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
Reporting to the VP Real Estate Strategy & BRM the Director Real Estate Strategy is a strategic leader responsible for shaping and advancing Scotiabanks global real estate strategy in alignment with enterprise priorities business objectives and regional operating models.

The role provides enterprise-wide strategic decision support through portfolio analysis external market intelligence financial modelling scenario development and executive-ready recommendations. The Director leads work related to portfolio optimization market entry and exit considerations site selection acquisitions dispositions lease strategy capital planning and long-term location strategy.

As a trusted advisor to senior leadership the Director translates complex real estate market financial demographic and business data into actionable strategies that support sustainable value creation cost effectiveness risk mitigation and the Banks global growth objectives.

Accountabilities
Global Real Estate Strategy & Portfolio Leadership
Lead the development of global real estate strategy aligned to the Banks enterprise objectives business growth plans regional operating models and long-term financial priorities.
Provide strategic oversight of portfolio optimization acquisitions dispositions lease strategy site selection relocations consolidations and market entry or exit decisions.
Conduct in-depth analysis of market trends demographic shifts business forecasts capital requirements and operating costs to identify opportunities for value creation and risk mitigation.
Develop executive-ready business cases scenarios and recommendations to support strategic real estate decisions and capital investments.

Global Market Intelligence & External Insight
Establish and lead a global market intelligence capability that provides forward-looking insight into real estate markets emerging cities sub-markets supply and demand dynamics cost trends labour considerations and competitive benchmarks.
Translate external market data and vendor research into Bank-specific strategic insight that informs growth planning location strategy portfolio repositioning and risk management.
Monitor economic demographic geopolitical regulatory and real estate trends to identify emerging opportunities and risks across the global footprint.
Provide senior leadership with clear market options strategic implications and recommended courses of action.

Intelligence Governance
Act as senior relationship owner for external global market intelligence vendors and advisory partners.
Define intelligence requirements data standards deliverables and governance expectations to ensure outputs align with Scotiabanks strategic priorities.
Integrate external market intelligence with internal portfolio financial and business information to create a cohesive strategic narrative for executive decision-making.
Continuously assess vendor performance relevance innovation and value to ensure the Bank maintains best-in-class global market awareness.

Enterprise Partnership Risk & Leadership
Partner with Portfolio Management Finance Operations Legal HR Technology and regional leadership to ensure real estate strategies are integrated feasible compliant and value-driven.
Champion a client-centric culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.
Ensure all real estate activities adhere to zoning laws environmental regulations internal policies compliance requirements and the Banks risk management framework.
Create an environment in which the team pursues effective and efficient operations in accordance with Scotiabanks Values Code of Conduct and Global Sales Principles while ensuring appropriate day-to-day business controls are in place to meet operational compliance AML/ATF/sanctions and conduct risk obligations.
Build a high-performance inclusive team environment by attracting retaining developing and motivating talent through coaching succession planning and clear communication of vision values and business strategy.

Reporting Relationships
Primary Manager: VP Real Estate Strategy & BRM

Direct Reports: To be confirmed

Dimensions
Leads the development of Scotiabanks global real estate strategy overseeing a portfolio of 2100 locations across 29 countries and approximately $1.3B in capital assets.
Provides strategic oversight of acquisitions dispositions lease strategy portfolio optimization market intelligence and long-term location strategy.
Conducts analysis of substantial capital and operating budgets to identify cost reduction opportunities improve portfolio performance and enhance return on investment.
Partners with senior leaders across business functions to ensure the real estate portfolio supports enterprise priorities operational requirements and long-term strategic goals.
Ensures all real estate activities adhere to regulatory requirements internal policies and the Banks risk management framework.

Education / Experience / Other Information
Bachelors or Masters degree in Business Real Estate Finance Economics Urban Planning or equivalent experience.
10 years of progressive experience in real estate strategy portfolio management market intelligence transaction strategy or management consulting preferably within a global financial institution or similarly complex organization.
Demonstrated success aligning real estate strategies with broader organizational goals enterprise priorities and financial objectives.
Proven ability to manage complex international real estate matters evaluate global market dynamics and support high-value strategic decisions.
Deep knowledge of leasing acquisitions dispositions development construction operations valuation and real estate accounting principles.
Strong analytical financial modelling problem-solving and strategic planning capabilities with the ability to synthesize complex data into clear recommendations.
Demonstrated success in vendor management contract negotiations performance assurance and relationship management with large service providers or advisory partners.
Well-versed in real estate law insurance taxation appraisal practices regulatory compliance and risk management.
Exceptional communication executive presentation stakeholder engagement and negotiation skills with the ability to influence at senior levels.
Strong leadership coaching and team-building capabilities with experience leading geographically dispersed teams.
Relevant credentials such as IFMA BOMA PMP . CFA or equivalent are considered assets.

Working Conditions
Work in a standard office-based environment with some flexibility; non-standard hours are a common occurrence.
The incumbent is expected to rely on good planning and organizational skills to follow up on others to supply information.

Interested

If your experience is closely related but doesnt 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. 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.

#GBM

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.