Title:  Associate or Associate Director, Securitization Canada and Mortgage Aggregation - Toronto

Requisition ID: 214566

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
The Associate or Associate Director, Securitization Canada and Mortgage Aggregation will support Origination and Trading staff, across both business lines, on transactions, administration, reporting and verification, and initiatives. This role will report into the  Securitization Canada and Mortgage Aggregation Front Office desk. The successful candidate will have a wide range of responsibilities that are integral to the smooth functioning of the businesses, including the managing of internal and external support relationships, ensuring that all stakeholder reporting is complete and accurate, and handling a wide range of administrative tasks for several business lines. This role offers exposure to various asset classes (mortgages, autos, credit cards, etc) and financing structures (ABCP, ABS, NHA MBS, CMBs, etc) on a daily basis.
 
What You’ll Do:

• Internal reporting for a variety of stakeholders (Risk, Treasury, Regulatory, Capital)
• External reporting for ABCP, ABS, and NHA MBS investors
• Monthly rating agency reporting
• Monitoring revenue across Securitization and Mortgage Aggregation business lines
• All tasks related to managing NHA MBS servicing, issuance and administration
• Coordinating due diligence reviews and annual audits
• Supporting eligibility criteria verification process
• Supporting Origination teams on transactions
• Liaise with product control and operations teams
• Liaise with Technology teams and Technology vendor in support of business initiatives

What You'll Bring:

• Demonstrates sound knowledge of securitization fundamentals, with experience in trade receivables, mortgages and auto related securitization preferred..
• Comfort working with very large data sets and ability to manage many projects at once a must
• Requires computer (Word, Excel, PowerPoint) proficiencies as well as excellent written and oral communication skills.
• A high level of commitment and a strong sense of teamwork are needed to succeed in the role

Work Arrangement: 
This position is currently an on-site role, with the expectation that you will work at least 4 days a week in the office. Please note that this is subject to change based on the needs of the business.

Interested?

If your experience is closely related but doesn’t 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. 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. 

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.