Director, Mortgage Capital Markets, Global Capital Markets - Houston, TX

Director, Mortgage Capital Markets, Global Capital Markets - Houston, TX

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!

Overview

Contributes to the overall success of the Mortgage Capital Markets team in the United States, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted follow governing regulations, internal policies, and procedures.

What You'll Do :

Works on maintaining the existing portfolio by handling clients' requests related to the warehouse facilities, collateral, and customer funding requests. Also draft annual risk reviews and works on internal credit underwriting approvals. Work closely with credit officers to coordinate the requisite reviews by risk management. Work closely with trading team to ensure daily marking of positions and requisite margin call monitoring.

Drives client primacy.

Reviews daily collateral reports and monitors asset performance trends.

Develops and trains junior members of the team.

Coordinates a variety of activities with the mid-office and operations teams including the closing of new and existing transactions, daily draw requests, tracking and monitoring of collateral, and providing them with updates or changes to the terms or funding of deals as required.

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

Prepares pitch books and marketing presentations in support of the mortgage financing and capital markets platform.

Assists in structuring, negotiating terms, covenants, and other documentation with borrowers and other third parties culminating in the closing of transactions.

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

Actively pursues effective and efficient operations of his / her 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.

Be an active ally and advocate for Diversity, Equity and Inclusion. Strengthen a culture centered around inclusion and creating a sense of belonging for all employees.

What You'll Bring

Demonstrates sound knowledge of mortgage financing fundamentals, with experience in agency mortgage warehouse lending preferred

Degree in Business or related field. MBA / CPA / CFA or other industry designation is helpful

10+ years banking experience in a Corporate / Commercial lending or related environment

Prior 4+ years experience in mortgage capital markets / mortgage warehouse financing strongly preferred

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

Experience in credit analysis and familiarity with legal document review required

A high level of commitment 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

Effectively liaises with key internal and external stakeholders and other industry participants

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

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 visit our technical support page.