Director, Real Estate Strategy

 

 

 

Requisition ID: 270628

 

 

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

 

Global Banking and Markets 
 
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world. 
 
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group. 
 
Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future! 

 

 

Purpose
Reporting to the VP, Real Estate Strategy & BRM, the Director, Real Estate Strategy is a strategic leader responsible for shaping and advancing Scotiabank’s global real estate strategy in alignment with enterprise priorities, business objectives, and regional operating models.

The role provides enterprise-wide strategic decision support through portfolio analysis, external market intelligence, financial modelling, scenario development, and executive-ready recommendations. The Director leads work related to portfolio optimization, market entry and exit considerations, site selection, acquisitions, dispositions, lease strategy, capital planning, and long-term location strategy.

As a trusted advisor to senior leadership, the Director translates complex real estate, market, financial, demographic, and business data into actionable strategies that support sustainable value creation, cost effectiveness, risk mitigation, and the Bank’s global growth objectives.

 

Accountabilities
Global Real Estate Strategy & Portfolio Leadership
•    Lead the development of global real estate strategy aligned to the Bank’s enterprise objectives, business growth plans, regional operating models, and long-term financial priorities.
•    Provide strategic oversight of portfolio optimization, acquisitions, dispositions, lease strategy, site selection, relocations, consolidations, and market entry or exit decisions.
•    Conduct in-depth analysis of market trends, demographic shifts, business forecasts, capital requirements, and operating costs to identify opportunities for value creation and risk mitigation.
•    Develop executive-ready business cases, scenarios, and recommendations to support strategic real estate decisions and capital investments.

 

 

Global Market Intelligence & External Insight
•    Establish and lead a global market intelligence capability that provides forward-looking insight into real estate markets, emerging cities, sub-markets, supply and demand dynamics, cost trends, labour considerations, and competitive benchmarks.
•    Translate external market data and vendor research into Bank-specific strategic insight that informs growth planning, location strategy, portfolio repositioning, and risk management.
•    Monitor economic, demographic, geopolitical, regulatory, and real estate trends to identify emerging opportunities and risks across the global footprint.
•    Provide senior leadership with clear market options, strategic implications, and recommended courses of action.

 

 

Intelligence Governance
•    Act as senior relationship owner for external global market intelligence vendors and advisory partners.
•    Define intelligence requirements, data standards, deliverables, and governance expectations to ensure outputs align with Scotiabank’s strategic priorities.
•    Integrate external market intelligence with internal portfolio, financial, and business