Associate Director, Commercial Real Estate Finance (Loan Closing), Transaction Advisory Group

Requisition ID: 267375 Salary Range: $225,000.00 – $225,000.00 (guideline only). Associate Director, Commercial Real Estate Finance (Loan Closing), Transaction Advisory Group – Global Banking & Markets. Purpose: The Associate Director will lead the execution and closing of complex U.S. commercial real estate financing transactions, acting as the central coordinator across business, legal/compliance, credit, and operations teams. The role requires deep expertise in loan documentation, closing mechanics, and regulatory compliance, with a strong legal orientation to support negotiation, structuring, and execution through funding. Significant client interaction is involved, working on live transactions and ensuring high quality, successful deal execution. What You’ll Do Transaction Execution & Closing Leadership Lead end-to-end CRE loan closings (balance sheet, syndications, CMBS / warehouse facilities) from credit approval through funding and post‑close completion. Manage closing timelines, conditions precedent, and issue resolution to ensure timely, accurate funding. Coordinate funding mechanics, including settlement statements, sources & uses, and wire execution with Treasury. Legal Documentation & Structuring Review, interpret, and negotiate loan agreements, security documents, and closing documentation in alignment with approved credit terms. Partner closely with internal and external legal counsel to resolve documentation issues and ensure enforceability. Ensure consistency between legal documentation, credit approvals, and booking systems. Oversee all closing due diligence (title, survey, insurance, UCC, environmental, etc.) and validate completeness prior to funding. Identify and mitigate documentation or structural risks; escalated and resolved exceptions proactively. Ensure all transactions comply with Scotiabank policies, regulatory requirements, and underwriting standards. Stakeholder Coordination Act as the central point of coordination across Credit, Origination, Syndications, Legal, Compliance, Operations, and external parties (borrowers, counsel, agents). Manage communications and expectations across multiple stakeholders in a fast‑paced deal environment. Ensure completeness of closing packages, loan boarding, and transition to servicing / asset management. Track and resolve post‑closing deliverables and documentation exceptions. Process, Governance & Leadership Drive best practices in closing processes, documentation standards, and controls. Support audits, regulatory reviews, and internal governance requirements. Mentor junior team members and contribute to process improvements across the CRE platform. What You’ll Bring JD (or equivalent legal degree) strongly preferred; background in real estate finance or banking law highly valued. ~5–10+ years of experience in CRE loan closing, structured finance execution, or CRE legal/documentation roles. Deep knowledge of: Commercial real estate loan structures (construction, bridge, syndicated, CMBS). Loan documentation and closing mechanics. Title, escrow, and collateral perfection requirements. Proven ability to manage complex transactions and multiple closings concurrently. Strong risk awareness and understanding of regulatory/compliance frameworks. Core Competences Legal + structuring expertise (ability to bridge legal docs and credit intent). Strong project management and execution discipline. High attention to detail and accuracy. Advanced stakeholder management and communication skills. Ability to operate in a high‑volume, deadline‑driven environment. Benefits 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: United States – New York City, New York, USA. 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. #J-18808-Ljbffr Scotiabank