Associate Director, Execution and Structuring-US Corporate Banking - Financial Institutions Group (225350)

Requisition ID: 225350

Salary Range:185000.00-185000.00

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 candidates relevant knowledge skills and experience.

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

Title: Associate Director Execution and Structuring-US Corporate Banking - Financial Institutions Group

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. Scotiabanks 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 Youll 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 Scotiabanks 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 Youll Bring

• Understanding of US regulatory considerations and issues
• 4-7 years of experience in corporate banking non-investment grade credit risk analysis.
• Minimum a Bachelors degree in a related discipline. Masters 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. Thats why we work to grow and diversify talent and engage employees in a performance-oriented culture.

Whats 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 please click here. 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.