Manager, U.S. Leveraged Finance Credit Risk
Manager, U.S. Leveraged Finance Credit Risk
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Salary Not Disclosed
1 Vacancy
Job Description
Requisition ID: 222219
Salary Range:90000.00-167200.00
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.
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!
Purpose
The Manager Risk - Leveraged Finance will cover U.S. Non-Investment Grade credits which may include but is not limited to the following industry groups: technology healthcare and general commercial & industrial.
What Youll Do
Assist in the assessment of 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 primary due diligence materials leveraged financing modeling sensitivities and risk / reward tradeoffs and help make credit recommendations regarding credit approvals and declines
Ensure that all credit adjudications and daily practices adhere to Bank policies and procedures
Produce reports on the syndication book and aged underwritings to ensure the banks portfolio is aligned with its risk appetite and / or identify issues for escalation to senior management
Partnering with the business to ensure day-to-day business activities are conducted within the banks risk appetite and to manage the alignment of the banks U.S. strategy risk appetite and risk culture
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
Assist with internal audits regulatory reviews and projects
Coordinate and work with Head Office Global Risk Management when necessary in matters related to the presentation of the global view of credit risk related to the portfolios
What Youll Bring
- Experience in non-investment grade credit risk;
- Understanding of U.S. Leveraged Lending regulatory considerations and issues
- 2-4 years of experience in non-investment grade credit risk (or comparable corporate credit ratings) analysis
- Minimum of a Bachelors degree in a related discipline. Masters degree recognized professional designation in a specialized area of finance or business (such as a CFA) or equivalent is a plus
- 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
- Creative problem-solving skills and the ability to motivate others and implement new solutions
Interested
If your experience is closely related but doesnt align perfectly with every qualification we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
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.
Required Experience:
Manager
Employment Type
Full Time
