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Director, Commercial Real Estate Finance Risk

Scotiabank, New York, NY, United States


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

Purpose
The position is responsible for managing U.S. Commercial Real Estate Finance (CREF) credit risk across non‑recourse mortgage lending, warehouse finance, and related distribution‑eligible CRE exposures. The role oversees credit risk across the CREF platform, covering non‑recourse commercial real estate mortgage lending, warehouse finance, and related loan distribution activity, including CMBS. The successful candidate will ensure that transactions and portfolios within the newly established CREF platform operate within approved credit policy, underwriting standards, risk appetite, and regulatory expectations, while supporting disciplined growth.

What You’ll Do

Provide senior credit risk leadership for the U.S. CREF platform.

Develop and maintain credit risk frameworks, including underwriting standards and lending parameters.

Assess proposed CREF transactions and portfolio risks.

Present CREF credit risk matters to relevant credit and risk committees as required based on adjudication levels.

Support engagement with U.S. regulators.

What You’ll Bring

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 required.

What's in it for you?
Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well‑being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

Location(s): United States : New York : New York City

Requisition ID: 259511

Salary Range: 185,400.00-310,600.00

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.

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