Senior Manager, Mortgage Credit Controls – Scotiabank

Title of the Job: Senior Manager, Mortgage Credit Controls

Location: Toronto, ON

Job Description: Requisition ID: 207815Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.As the Senior Manager, Mortgage Credit Controls, you will lead the Mortgage Account Governance Structure in Real Estate Secured Lending (RESL) and lead a team to investigate potential mortgage file deficiencies post-funding, leveraging analytics-based reporting to guide this work. You will synthesize the findings of these investigations into actionable insights, and use them to design and implement new controls, or enhance existing controls. This role will also lead and be responsible for the full remediation of any deficiencies identified through the account review process.Is this role right for you? In this role, you will:Lead a team to investigate potential deficiencies in funded mortgage files based on analytics-driven reportingOversee the synthesis of findings from these investigation and identify key themes in root causesDesign and implement enhanced controls to prevent future mortgage file deficiencies based on the root cause investigationsPartner with second-line (Global Risk Management) teams to pressure-test the efficacy of new controls and lead partner discussions with Operations and Technology teams to implement them.Design the remediation plan for any file deficiencies and lead the team to implement through to completionOversee status reporting and senior executive dashboard creation outlining the mortgage account review findings, enhanced controls, and any necessary remediation activitiesBe the point-of-contact for senior executive questions on the account review process and statusUnderstand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisionsActively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct riskChampions a high-performance environment and contributes to an inclusive work environmentDo you have the skills that will enable you to succeed in this role? We’d love to work with you if you have:Post-secondary education and significant work experience in the financial services industryExpert knowledge of end-to-end real estate secured lending process (origination to underwriting to funding to servicing)Full understanding of Scotiabank’s real estate secured lending strategy, key priorities and how they fit within the strategic agenda of the Canadian Banking divisionExpert understanding of credit, lending policies and risk managementHighly advanced communication and partnership skillsStrong business strategy and financial acumenComfortability working in a hybrid work environment with the expectation to work in-office 3 days per weekLocation(s): Canada : Ontario : TorontoScotiabank 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 . 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.

Company Name: Scotiabank

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