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Director Commercial Real Estate Finance Risk

3 hours agoHeadSalary: 185K - 311KNew York, USAFinanceJobs by Scotiabank
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Scotiabank

Scotiabank is an international bank offering personal, business and commercial banking, wealth management, private banking, corporate and investment banking, and capital markets services. Its clients include individuals, businesses, corporations, institutions and investors across Canada, the United States, Mexico, Latin America, Europe and Asia Pacific.

Toronto, CA
About Scotiabank

Scotiabank, also known as The Bank of Nova Scotia, provides a broad range of financial products and services, including deposit accounts, credit cards, lending, mortgages, insurance, investments, wealth management, private banking, corporate and investment banking, capital markets, foreign exchange, financing, advisory services and transaction banking. The organization serves personal banking customers, small and mid-sized businesses, commercial clients, corporate and institutional clients, and investors through its global network.

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Skills

Candidate Availability

Required and preferred rules are kept separate and reflect the wording in the original posting.

About the Role

You provide senior credit risk leadership for the U.S. commercial real estate finance platform. You develop credit risk frameworks, assess transactions and portfolio risks, present credit matters to committees, and support engagement with U.S. regulators.

Requirements

  • Extensive experience in commercial real estate credit risk
  • Knowledge of CRE loan distribution and securitization concepts, including CMBS
  • Understanding of CRE warehouse finance and loan-on-loan structures
  • Knowledge of U.S. regulatory expectations
  • Comfort presenting credit matters to senior management
  • 8–10 years of progressively senior credit risk experience
  • Bachelor’s degree in a related discipline

Responsibilities

  • Provide senior credit risk leadership for the U.S. commercial real estate finance platform
  • Develop and maintain credit risk frameworks, underwriting standards, and lending parameters
  • Assess proposed commercial real estate finance transactions and portfolio risks
  • Present credit risk matters to relevant credit and risk committees
  • Support engagement with U.S. regulators

Benefits

  • Flexible benefit programs supporting family, financial, physical, mental, and social health needs