Associate Director (VP), CRE Securitization - New York, NY

Scotiabank•New York City, NY

29d•$225,000 - $225,000•Onsite

About The Position

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Title: Associate Director (VP), CRE Securitization - New York, NY Global Banking and Markets 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 Part of Commercial Real Estate (CRE) Securitization Banking team focused on CMBS origination activity (conducted out of the United States), setting business strategies for origination / securitization / trading, and distribution of the CMBS product globally. This role will cover CMBS deal execution and ratings agency advisory. The CRE Finance group focuses on the U.S. commercial mortgage participants, including originators, servicers, REITS, asset managers and investors. Help plan and ensure initiatives are executed / delivered in compliance with governing regulations, internal policies, and procedures.

Requirements

Significant experience in banks and CMBS markets
Licensing: SEI, S7, S79, S63
8+ years experience in the commercial real estate securitization market

Responsibilities

Help lead and drive 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.
Part of a team of bankers within the CRE Securitization vertical of the Commercial Real Estate Finance (CREF) group at Scotiabank.
The group lead is responsible for building out the commercial real estate 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.