Senior Analyst, Securitization

Requisition ID: Join a purpose‑driven winning team committed to results in an inclusive and high‑performing culture. What you will be doing 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 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, reconcile GL balances and prepare internal accounting reports. In this role you will: 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 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. Do you have the skills that will enable you to succeed in this role? Post‑secondary education preferred with a major in finance, accounting, business or equivalent industry experience. 35 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. Whats in it for you 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 program including bonus, flexible vacation, personal sick days and benefits that will start on day one. Community Engagement – We offer opportunities for community engagement and belonging with our various programs such as hackathons, contests, cooking with friends, Humans of Digital and much more. 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, 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. EEO Statement #J-18808-Ljbffr