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

Banque Scotia (Bank of Nova Scotia)•Houston, TX

44d•$300,000 - $300,000

About The Position

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.

Requirements

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

Responsibilities

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.
Understands 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.