Associate Director, Structured Credit (CLO) Banking
Associate Director, Structured Credit (CLO) Banking
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Requisition ID: 233861
Salary Range:225000.00-225000.00
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 Structured Credit (CLO) 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. 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:
Scotia is seeking a (ED/VP)-level originator transaction manager and relationship CLO banker for its structured credit group. The group will be focusing on both broadly syndicated and middle market CLOs. This senior banker will help build this business and be responsible for cultivating direct relationships for the bank enabling us to further source and develop opportunities. Well qualified candidates should have a successful track record of sourcing transaction opportunities experience in developing client relationships evaluating warehouse financing opportunities and experience managing CLO managers through the capital markets offering process.
What Youll Do:
- Structure and execute new issue CLO transactions with a broad range of issuers and investors across the credit spectrum including broadly syndicated loan CLOs and middle market / private credit CLOs.
- Negotiate and structure CLO warehouses and lending facilities working closely with external counsel rating agencies as well as internal legal risk and credit teams.
- Partner closely with syndicate sales trading and capital markets teams across the organization to help educate develop and advise clients on the CLO market.
- Client marketing and Ongoing client relationship management
- development along with capital markets advisory - client and process management
- Ongoing client relationship management
- Work closely with internal risk management functions legal counsel regulatory credit tax and
- accounting experts
Requirements:
- Bachelors degree (masters degree a plus but not necessary)
- Minimum 5 years of CLO Banking lending structuring and/or collateral management experience across broadly syndicated loans and/or direct lending / middle market private credit assets.
- Client focused mindset with strong interpersonal skills. Well qualified candidates should have a successful track record of working on CLO transactions and experience in developing client relationships.
- Strong communication and relationship management skills with the ability to summarize complex issues in a clear and concise manner while also being able to explain the technical aspects of the CLO asset class.
- Ability to manage priorities and work under pressure to meet deadlines in a well-organized and detail-oriented manner with a pragmatic approach to problem solving through strong quantitative skills.
- Creative and strategic thinker with a client-focused mindset who can identify and analyze potential opportunities in an everchanging market environment.
- Team player with the ability to manage priorities and work under pressure to meet deadlines while collaborating within a team and across organizational boundaries.
- Adherence to all controls processes and procedures
- Full working knowledge of:
- CLO Rating Agency models and methodologies
- Intex Calc and Intex DealMaker
- Strong Word Excel PowerPoint and Bloomberg skills
- Series 7 79 and 63
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.
Required Experience:
Director
Employment Type
Full Time
