Scotiabank

Senior Manager, Real Estate Credit

Scotiabank$110K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of credit adjudication experience in real estate finance
  • Full understanding of financial statements and accounting principles
  • Ability to analyze and assess credit risk across asset classes
  • Strong decision-making skills to provide recommendations to executives
  • Excellent communication skills, both verbal and written
  • Proficiency in Excel and familiarity with various market regulations
  • MBA, CFA, or CA designation preferred

Responsibilities

  • Liaise with real estate banking offices to support project funding
  • Review financial information and conduct risk assessments of credit applications
  • Recommend decisions to senior management regarding credit submissions
  • Authorize real estate loans and amend credit structures as needed
  • Review and authorize loan documentation for clarity and compliance
  • Develop industry expertise through research and collaboration with banking officers
  • Ensure quality of the credit portfolio through financial report analysis

Benefits

  • Inclusive and collaborative work environment promoting creativity
  • Flexible work design to enhance performance
  • Competitive total rewards package including performance bonuses
  • Company matching programs for pension and profit sharing
  • Generous vacation allowance
Full Job Description
Requisition ID: 273118

The incumbent will review and, depending on the type and overall risk rating of the Borrower and real estate project in question, adjudicate credit submissions primarily focused on all asset classes of real estate including construction, Income Property Loans and working capital facilities included in both the Bank's Commercial and Corporate Loan Portfolios.

Is this role right for you? In this role you will:
  • Liaise and maintain strong working relationship with real estate banking offices. The portfolio's primary focus is the real estate industry.
  • Review pertinent financial and industry information and perform in depth risk assessment of incoming credit applications.
  • Provide recommendations to senior executives and participate in discussions at Senior Credit Committees.
  • Adjudicate/authorize real estate loans within assigned lending limit, including amendments to improve credit structure, as necessary.
  • Review and, where appropriate, authorize loan documentation completed by banking offices and the preparation of authorizations to communicate the terms and conditions of the transaction.
  • Develop a high degree of industry knowledge/expertise and ensure the ongoing quality of the credit portfolio through the review of industry publications, the assessment of monthly/quarterly financial reporting packages, and discussions with applicable banking officers.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
  • Excellent verbal and written communication skills.
  • Strong analytical and computer skills.
  • Full understanding of financial statements, accounting principles and policies among Canada/U.S. jurisdictions.
  • Full understanding of the various credit lines and their purposes.
  • Ability to make sound decisions and appropriate recommendations to senior/executive management and effectively support those recommendations.
  • -Ability to keep up-to-date with new product lines as they are introduced to the market place.
  • Demonstrated ability to keep abreast of the various market/legal/accounting/regulatory systems affecting provinces/states which fall within their portfolio.
  • Excellent time management skills, including ability to work well under pressure and constantly adjust priorities.
  • MBA, CFA degree, C.A. designation and/or
  • previous credit and/or banking experience
  • Proficiency in Excel application is an asset.


What's in it for you?
  • We are technology partners who help the business transform how our employees around the world work
  • We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!
  • We care about our people, allowing them to design how they work to deliver amazing results
  • We offer a competitive total rewards package, including a performance bonus, company matching programs (on pension & profit sharing), and generous vacation


Location(s): Canada : Ontario : Toronto

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.

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
5 Year Trend
+7%
NASDAQ

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