Job Information
Scotiabank Associate Director, US Structuring & Execution, Lev Fin in New York City, New York
Associate Director, US Structuring & Execution, Lev Fin
Requisition ID: 201590
Salary Range: 185,000.00 - 185,000.00
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.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Title: Associate Director, U.S. Non-Investment Grade Execution and Structuring-US Corporate Banking
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!
Overview
The Associate Director is responsible for working closely with the Director/Manager and the team to assist in all aspects structuring and execution related activities on behalf of our corporate banking clients, and includes the completion and review of credit presentations with the appropriate level of due diligence. This role also involves the negotiating documentation, guiding more junior staff, and the monitoring of Borrower compliance and industry trends.
What You’ll Do
Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Structure, analyze and perform due diligence on transactions that vary in complexity. Prepare and Analyze client forecasts and models.
Analyze material associated with new and existing client/prospect opportunities, including return analysis, deal due diligence and documentation review.
Develop recommendations for the appropriate course of action and prepare credit submissions for adjudication by Global Risk Management of non-investment grade opportunities.
Execute amendment requests and review legal documentation.
Assess credit requirements of existing and prospective clients.
Ensure credit files, agreements and security documents are complete and up-to-date
Actively pursue effective and efficient operations of his/her respective areas, and ensure the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
Assess proposed non-investment grade financing transactions and monitor the overall underwriting portfolio and the portfolio of held loans.
Critically reviewing individual deals, including but not limited to, the forecast EBITDA and adjustments, capital structure, syndication issues, and risk / reward tradeoffs and make recommendations. Ensure that all credit submissions and daily practices adhere to Bank policies and procedures.
Driving a customer focused culture that deepens client relationships and leverages broader Bank relationships, systems and knowledge.
Champion an environment in which his/her team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and other policies.
Coordinate and work with Managing Director, when necessary, in matters related to the presentation of the Levin portfolios.
What You’ll Bring
In-depth non-investment grade expertise;
Understanding of US regulatory considerations and issues
4-7 years of experience in corporate banking non-investment grade credit risk analysis.
Minimum a Bachelor’s degree in a related discipline. Master's degree, recognized professional designation in a specialized area of finance or business, or equivalent, is an asset.
Strong communication skills, both written and oral.
Proactive decision-maker; must handle high volume of credit intensive work; must take initiative in a highly time sensitive environment.
Collaborative, strong sense of teamwork.
Excellent Modelling skills with some supervisory experience
Creative problem-solving skills and the ability to motivate others and implement new solutions.
Interested?
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.
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
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. If you require technical assistance, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.