Senior Manager, Real Estate Credit

Scotiabank; Toronto; Hybrid; CAD 100,000 - 130,000; Full time

Job summary

Join a purpose-driven team as a Senior Manager in Real Estate Credit, where you will leverage your expertise in credit and banking to manage a diverse portfolio of real estate loans. This role offers the opportunity to work in a hybrid environment, collaborating with senior executives and contributing to decision-making processes that impact the bank's credit portfolio. You will thrive in an inclusive culture that values your insights and encourages professional growth through training and development. If you are passionate about real estate and financial analysis, this is the perfect opportunity for you.

Benefits

Competitive rewards package

Performance bonus

Company matching programs

Paid vacation

Medical benefits

Vision benefits

Dental benefits

Internal training programs

Professional development opportunities

Qualifications

• Experience in credit and banking is essential.
• Strong analytical and communication skills are required.
• Full understanding of financial statements and credit lines.

Responsibilities

• Review and adjudicate credit submissions for real estate projects.
• Maintain strong relationships with real estate banking offices.
• Provide recommendations to senior executives for credit applications.

Skills

MBA

CFA

Credit Experience

Banking Experience

Excel Proficiency

Analytical Skills

Communication Skills

Financial Statement Understanding

Decision-Making

Time Management

Education

MBA

CFA

C.A. designation

Tools

Excel

Job description

Join to apply for the Senior Manager, Real Estate Credit role at Scotiabank

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Join to apply for the Senior Manager, Real Estate Credit role at Scotiabank

Requisition ID: 224641

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

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.
  
  

Skills

Do you have the skills that will enable you to succeed in this role? We’d love to work with you if you have experience with:

• MBA, CFA degree, C.A. designation and/or
• previous credit and/or banking experience
• Proficiency in Excel application is an asset.
• 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.
  
  

What's in it for you?

• We have an inclusive and collaborative work environment that values curiosity & ownership, encourages pragmatic creativity (i.e. true innovation), and celebrates success!
• An inclusive working environment that encourages creativity, curiosity, and celebrates success!
• A rewarding career path with diverse opportunities for professional development
• Internal training to support your growth and enhance your skills
• Hybrid Work Environment
• A competitive rewards package that includes a base salary, a performance bonus, company matching programs on pension and profit sharing, paid vacation, personal & sick days, medical, vision and dental benefits that start from day one and much more!
  
  

Location(s): Canada : Ontario : Toronto

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 click here. 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.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Sales and Management

• Industries

  Banking

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