Title:  Managing Director, Commercial Mortgage Securitization Banking

Requisition ID: 224804

Employee Referral Program – Potential Reward: $0.00 

Salary Range: 400,000.00 - 400,000.00 

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.

We are committed to investing in our employees and helping you continue your career at Scotiabank.

Title: Managing Director, Commercial Mortgage Securitization Banking
Location: New York, NY

Purpose
Leads Commercial Real Estate Securitization Banking activity and coordinates CMBS origination activity (conducted out of the United States), setting business strategies for origination / securitization / trading, and distribution of the CMBS product globally.  The group focuses on the U.S. commercial mortgage participants, including originators, servicers, REITS, asset managers and investors. Plans and ensures initiatives are executed / delivered in compliance with governing regulations, internal policies, and procedures.

Accountabilities 

• Leads and drives a customer focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.  Acts as a role model for the team and an ambassador of the Bank’s values
• Directs a team of structurers / transaction managers within the US Commercial Securitization vertical of the Global Securitization group at Scotiabank. 
• The group lead is responsible for building out the residential securitization business and cultivating direct relationships for the bank, enabling Scotiabank to further source and develop opportunities. 
• In addition to managing structuring/transaction managers, the group lead is also responsible for encouraging development of junior talent, providing a path to more senior CMBS transaction management opportunities.
• Partners with REGAL Corporate Banking on business strategy, loan origination and client coverage efforts across commercial mortgage market participants.
• Partners closely with structured products syndicate, sales, trading, and debt capital markets teams across the organization to help educate, develop, and advise clients on the CMBS market.   
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct, and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk. 
• Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vison/values/business strategy; and, managing succession and development planning for the team.

Education / Experience

• 10-15 years experience in the commercial securitization market
• Significant experience in banks and MBS markets
• Licensing: SEI, S7, S79, S63; S24 

Location(s):  United States : New York : New York City

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.

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