Senior Analyst, Securitization

Join to apply for the Senior Analyst, Securitization role at Scotiabank Requisition ID: 241050 (Posted 1 day ago) Overview Join a purpose driven winning team, committed to results, in an inclusive and high‑performing culture. What You Will Do As the Senior Analyst, you will report to the Manager of Securitization and perform the day‑to‑day operations of residential mortgage securitization activities for RESL, supporting the Bank’s capital and liquidity needs. You will be responsible for the accurate setup, maintenance, and reporting of financial data related to the Mortgage‑Backed Securities (MBS) program and the Covered Bond Program (CB). You will prepare and execute sales and purchases of mortgages between bank entities as requested, reconcile balances between GL accounts, and prepare internal accounting reports. Key Responsibilities Manage the issuance and settlement of new NHA MBS and CMB pools under the Canada Mortgage and Housing Corporation (CMHC) NHA MBS Program, and oversee the ongoing administration of securitized loans to ensure compliance with NHA MBS and CMB Guidelines. Handle monthly investor reporting for the NHA MBS program, ensuring timely payment of monthly remittances and fees to the Central Payor and Transfer Agent (CPTA) and CMHC. Create and execute pools for all mortgage sales – NHA MBS and internal – while performing clean‑up and remittance processes to meet CMHC requirements and bank policy. Prepare and validate monthly and quarterly securitization reports, including Investor Remittance Reports and Valuation Reports for Covered Bonds, Mutual Funds, and RRSPs. Investigate and resolve accounting balance discrepancies related to investor loans. Support securitization‑related projects and initiatives, including data analysis, audit activities, and ad hoc reporting to inform management decisions. Assist with regression testing, troubleshoot system issues, identify opportunities for process improvement, and support the implementation of recommended changes. Skills & Qualifications Post‑secondary education preferred, with a major in finance, accounting, business, or equivalent industry experience. 3–5 years of relevant experience in securitization/treasury operations or mortgage underwriting/funding. Strong analytical skills, along with proficiency in Excel (including Macro and VBA) and reporting. Proven ability to work independently and collaborate across the organization. Knowledge of CMHC NHA MBS, Covered Bond, and other funding programs is preferred. Experience in executing complex financial reporting requirements, preferably related to securitization. Benefits 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 are embraced through bias‑free practices and inclusive values across Scotiabank. 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 programme including bonus, flexible vacation, personal, sick days, and benefits will start on day one. Community Engagement – We offer opportunities for community engagement & belonging with our various programs such as hackathons, contests, cooking with friends, Humans of Digital and much more Location: Toronto, Ontario, Canada 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. 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. #J-18808-Ljbffr