Director, Financial Institutions - Securitizations (global Risk Management)

Scotiabank; Canada; On-site; CAD 125,000 - 150,000; Full time

Job summary

A leading financial institution is seeking a Director for their Financial Institutions Securitizations corporate credit team in Toronto, Canada. This role involves overseeing a complex securitization portfolio, performing risk analysis, and presenting recommendations to senior management. The ideal candidate will possess strong credit structures knowledge and proven experience in a banking environment, along with excellent financial analysis and communication skills.

Benefits

Career growth and professional development opportunities

Competitive salary and benefits

Inclusive work environment

Qualifications

• Progressive credit or banking experience required.
• Legal documentation expertise (ISDA, securitization docs) preferred.
• Experience with various originators supported by securitization vehicles.

Responsibilities

• Lead a customer-focused culture to deepen client relationships.
• Manage credit portfolios and prepare recommendations.
• Conduct industry analysis and review lending guidelines.

Skills

Credit structures knowledge

Financial analysis

Risk assessment

Strong communication

People management

Education

MBA, CMA, CFA, or CA preferred

Tools

Data management systems

Risk models

Job description

Requisition ID: #

Join a purpose-driven, winning team committed to results in an inclusive, high-performing culture.

As a valued leader in the Financial Institutions Securitizations corporate credit team, you will be exposed to diverse deal flow across industries, structures, regions, and risks. The securitization portfolio involves complex, highly structured credits supporting SPV relationships of BNS’s asset-backed commercial paper conduits or on balance sheet. Your role includes reviewing loans, providing recommendations to senior management, and performing risk analysis, portfolio monitoring, deal structuring, negotiations, and presentations at Senior Credit Committee.

The Director oversees the Securitizations portfolio for Global Risk Management, reporting to a VP, ensuring effective portfolio management within acceptable risk levels through sound credit judgment and compliance with regulations and policies.

Key Responsibilities:

1. Lead and foster a customer-focused culture to deepen client relationships and leverage bank-wide resources.
2. Manage and adjudicate credit portfolios, prepare and present credit recommendations to mitigate risk.
3. Conduct industry analysis, review lending guidelines, and prepare reports for senior management and boards.
4. Provide insights and participate in discussions at Credit Committees.
5. Maintain expertise in program sponsors, industries, and products to ensure portfolio quality and profitability.
6. Incorporate the bank’s risk appetite and culture into daily activities and decisions.
7. Create operational environments that ensure effective controls and compliance with operational, regulatory, and conduct risks.
8. Partner with the VP to build a high-performance team through training, mentoring, and inclusive leadership.

Qualifications:

• MBA, CMA, CFA, or CA preferred, with progressive credit or banking experience.
• Strong knowledge of credit structures, protections, and securitization methodologies.
• Excellent financial analysis and risk assessment skills, especially for securitization attributes.
• Experience with various originators and industries supported by securitization vehicles.
• Legal documentation expertise (ISDA, securitization docs).
• Knowledge of bank policies, procedures, and regulatory requirements.
• Technological proficiency with data management systems and risk models.
• Strong communication skills for debates, presentations, and influencing senior stakeholders.
• People management skills with a focus on coaching and development.

What’s in it for you?

• Opportunity to join a forward-thinking, collaborative team in Global Risk Management.
• Career growth and professional development opportunities.
• Competitive salary and benefits.
• Inclusive environment that values diversity and community impact.

Location:

Canada: Ontario: Toronto

Scotiabank is committed to diversity and inclusion. If you require accommodations during the recruitment process, please notify our team. Applications must be submitted online. We appreciate all applicants, but only those selected for an interview will be contacted.