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Scotiabank · 2 days ago

Associate Director | Director: Mortgage Capital Markets (Residential Securitization Banking)

New York, NY

Full-time

Onsite

Lead/Staff

$225K/yr - $300K/yr

Scotiabank is a leading bank in the Americas with a strong presence in global banking and markets. The Associate Director | Director of Mortgage Capital Markets will contribute to the success of the team by coordinating RMBS activities and fostering client relationships while ensuring compliance with regulations and internal policies.

BankingFinanceFinancial Services

Responsibilities

Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge

Fosters new and existing client relationships in addition to cross-selling existing relationships across other areas and product groups

Spearhead term RMBS lead role engagements by working with issuers, deal counsels, rating agencies, third-party service providers, syndicate and sales teams to execute transactions

Source new mandates and lead the day-to-day transaction execution process

Coordinate a variety of activities with the middle-office and operations teams including the closing of transactions

Create impactful pitch books and marketing presentations in support of the mortgage financing and capital markets platform

Review monthly servicer reports, track new issue pricing / collateral characteristics and monitor asset performance trends

Help train and develop Analysts and Associates to ensure proficiency in managing the full transaction lifecycle, including structuring, execution, and closing, while building deep expertise in RMBS market dynamics, deal structures, and related securitization concepts

Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions

Actively pursue effective and efficient operations of respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct

Strengthen a culture centered around inclusion and creating a sense of belonging for all employees

Qualification

Mortgage financing knowledgeMortgage capital markets experienceCFAMBA preferredBloomberg proficiencyIntex proficiencyLegal document reviewSeries SIE63 & 79Written communication skillsOral communication skillsAttention to detailTeam collaborationTime management

Required

Demonstrate sound knowledge of mortgage financing fundamentals, with experience across asset classes including Agency, Prime Jumbo, Non-QM/DSCR, Second Lien, Seasoned, Residential Transition Loans, Credit Risk Transfer

Degree in Business or related field

Requires computer (Word, Excel, PowerPoint, Bloomberg, Intex) proficiencies as well as excellent written and oral communication skills

High degree of attention to detail is critical

Familiarity with legal document review required

A high level of commitment, collaboration and a strong sense of teamwork are needed to succeed in the role

Roll-up sleeve attitude to support the team and internal stakeholders in a new business build and help where needed

Ability to prioritize, make timely and sound judgments, and succinctly communicate with senior management

Series SIE, 7, 63 & 79 to be obtained in due course