Requisition ID: 213701
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
As the Senior Manager, Portfolio Management, you will contribute to the growth and profitability of the Real Estate Secured Lending (RESL) business in Canada by leading analysis and initiatives to improve portfolio performance, support the development of business strategies, and ensure plans and initiatives are delivered in compliance with governing regulations, internal policies and procedures.
Is this role right for you? In this role, you will:
Lead and drive a customer focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems and knowledge
Work closely with RESL Finance and Analytics 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, leading initiatives and implementing solutions based on opportunities identified
Lead and manage the day-to-day operations and staff supporting the RRSP Investor Mortgage business and the Mortgage Subsidy business. The supporting staff is customer-facing and deals directly with the administration of these specialty mortgage portfolios
Lead the annual Covered Bond Audit in collaboration with Group Treasury and the RESL Securitization Team, a critical component of the Bank’s funding strategy and a successful annual audit as mandated by CMHC enables the Bank’s continued issuance of Covered Bonds. The incumbent will lead a team composed of RESL staff and temporary resources to complete the audit over a 4-6 month period each year
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions
Stay informed of competitive landscape to ensure that our processes, strategies and policies consider the changing landscape
Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
Post-secondary education focused in Business or Finance preferred
Strong knowledge of Real Estate Secured Lending and the competitive landscape
Experience or background in Lending preferred
Strong analytical and project management skills
Solid communication, interpersonal and negotiating skills to successfully 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
Comfortability working in a hybrid work environment
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.