Senior Real Estate Officer

As the Senior Manager, Portfolio Management , you will play an integral role in ensuring the profitability and sustainability of Scotiabank’s mortgage business. You will uncover high-value opportunities to enhance profitability, risk profile, and overall performance of the Real Estate Secured Lending (RESL) portfolio by leveraging analytics, market insights, and strategic problem-solving. By working with partners across Risk, Finance, Treasury, Distribution, and Product, you will help design and execute strategies that improve customer outcomes, optimize portfolio health, and fuel sustainable growth for the Bank in alignment with regulatory standards, internal policies, and procedures.

Lead and drive a customer-focused culture that deepens client and broader Bank relationships, strengthens cross-functional collaboration, and delivers meaningful outcomes across the RESL ecosystem.

Partner with RESL Finance and Analytics, Risk, Distribution, and Treasury teams to conceive, initiate, and lead analysis to uncover opportunities to improve profitability and performance of the RESL portfolio through cost reduction, asset growth, revenue enhancement, capital optimization, and process controls. Oversee the day-to-day performance management of the RESL portfolio, including forecasting, trend analysis, and business insights that support proactive decision-making.

Lead the annual Covered Bond Audit in collaboration with Group Treasury and the RESL Securitization Team. The Covered Bond program is a critical component of the Bank’s funding strategy, and a successful annual audit as mandated by CMHC enables the Bank’s continued issuance of Covered Bonds. You will lead a team composed of RESL staff and temporary resources to complete the audit over a 2-4 month period each year.

Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

Post-secondary education with a business or finance focus (preferred).

Strong knowledge of Real Estate Secured Lending and the competitive landscape.

Strong analytical and project management skills.

Solid communication, interpersonal, and negotiating skills to interact with external partners and other Bank stakeholders.

Diversity, Equity, Inclusion & Allyship – We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow, and participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability, and veterans.

Accessibility and Workplace Accommodations – 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. Upskilling through online courses, cross-functional development opportunities, and tuition assistance.

Competitive Rewards Program including bonus, flexible vacation, personal and sick days, and benefits starting on day one.

Community Engagement – No matter where you choose to work from, we offer opportunities for community engagement and belonging through programs such as hackathons, contests, cooking with friends, Humans of Digital, and much more!

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.