Manager, Mortgage Capital Markets Credit Risk

Manager, Mortgage Capital Markets Credit Risk Salary Range: 90,000.00-167,200.00. 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 candidate’s relevant knowledge, skills, and experience. Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. 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. Scotiabank’s 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 Support the assessment and management of credit risk across the Mortgage Capital Markets (MCM) portfolio, while developing expertise in the industry and building depth in credit risk processes. What You’ll Do Work to develop a strong understanding of the MCM industry, products, and credit risk framework. Assist with preparation of information guides, comparison materials, and other reference documents to support the team. Support reviewing and adjudicating credit applications and renewals, preparing clear, accurate, and well-supported recommendations. Assist with financial and credit risk analysis across loans, derivatives, securities, and related banking products, building knowledge of complex transactions. Help manage credits within the portfolio and contribute to tracking transaction flow through the approval process. Contribute to the preparation and maintenance of portfolio monitoring reports, including identifying key risk considerations. Support preparation of materials for, and responses to, regulators and internal auditors. Assist with process consistency across the team and work to provide guidance to new joiners. Collaborate with Global Risk Management and Head Office, as needed, on portfolio reporting and related matters. What You’ll Bring Knowledge of corporate lending products, counterparty derivatives Understanding of credit risk, and the structures, and protections required for credit analysis Experience/knowledge of internal credit assessments Understanding of Bank’s lending policies, procedures, and practices Familiarity with credit documentation Interested? At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture. What's 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. 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 let our Recruitment team know. 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. #J-18808-Ljbffr