Manager, Mortgage Security

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

The Manager, Mortgage Security contributes to the overall success of the RESL in Canada ensuring specific individual goals, plans, initiatives are executed/delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

Is This Role Right for You? In this role, you will:

1. Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
2. Provide support to Mortgage Security staff on investigative reviews relating to external mortgage brokers, Home Financing Advisors, and underwriters from HFS and SMA.
3. Be responsible for overseeing Enhanced Due Diligence requests received from internal and external sources and assisting Mortgage Security Analysts as needed.
4. Liase with Corporate Security in relation to investigations involving SMA & HFS staff, including providing analysis of mortgage applications suspected of being fraudulent.
5. Provide support to HFS and SMA management staff on a variety of fraud, enhanced due diligence, and staff conduct issues.
6. Escalate risk concerns identified to the Senior Manager, Mortgage Security as needed.
7. Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions relating to the mortgage businesses.
8. Actively pursue 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 risk.
9. Champion a high-performance environment and contribute to an inclusive work environment.

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

1. In-depth knowledge of MIMS
2. Mortgage underwriting or mortgage policy knowledge
3. Knowledge of the mortgage approval process

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 during the recruitment and selection process, please let our Recruitment team know. 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.