Associate, Infrastructure & Project Finance (Execution & Portfolio Management)

Requisition ID: 252125

Salary Range:175000.00-225000.00

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 Infrastructure & Project Finance - New York NY

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 Infrastructure & Project Finance (IPF) team is part of Scotiabank Corporate and Investment (CIB) Division. IPF works closely with a wide range of industry coverage and product partners to originate structure and execute structured acquisition and project financings. IPF provides sector expertise strategic advisory and tailored financial solutions to our clients across developed and emerging markets. IPFs primary focus is providing and arranging debt financing (e.g. greenfield and brownfield projects corporate acquisition) and debt advisory services for strategic owners and financial sponsors in the infrastructure space including ports airports toll roads public infrastructure renewable energy conventional power transmission digital infrastructure and energy infrastructure across the Americas.

Position Highlights:

Associates in Infrastructure & Project Finance enjoy a stimulating and challenging work environment in which they execute a broad range of transactions across various forms and sources of debt capital. Associates work on assignments ranging from origination to execution with various industry and product teams at the firm including Real Estate Telecom Technology Debt Capital Markets Global Loan Syndications Derivative Products Group Global Risk Management and Sustainability Finance. Associates will work with colleagues in the United States and this role Associates will gain knowledge and understanding of bank lending institutional debt capital markets and derivative markets.

What Youll Do

The role will support deal execution portfolio management and strategic projects. At the early stages of their career Associates responsibilities include due diligence financial modeling research reviewing and providing feedback to legal documentation supporting internal credit approval processes collaborating with various industry groups on multiple strategic initiatives and mentoring/supervising Analysts. A high degree of responsibility is afforded to those demonstrating initiative and the desire to take on such responsibility. As the individuals career progresses Associates take on increased responsibilities on live transactions and strategic projects for internal stakeholders under the guidance of senior team members. Associates are in contact with senior team members and clients at the earliest possible stage allowing them to gain experience in managing and cultivating relationships.

A significant amount of effort diligence and initiative is required to properly execute assignments. The complexity of clients financial requirements coupled with the intense competitiveness of the banking industry necessitates a full commitment to the task at hand. Standards are very high as most work is presented to senior executives at client firms and supervision is provided only to the extent that it is required.

With a limited hierarchy of professionals and a small project team approach an Associate has ample opportunity for career growth and development.

New Associates may participate in the Capital Ideas Program an intensive training program developed by Scotiabank. The program is designed to orient participants to our culture people products and services and to provide the soft and technical skills and contacts critical for success. Team projects individual study and social activities supplement classroom discussions.

As part of the Infrastructure & Project Finance team the Candidate will individually and as part of a team execute the following primary responsibilities:

Maintaining and monitoring a portfolio of loans including as needed expansions refinancings restructurings exits etc. based on risk analysis to ensure major issues and inherent risks that are critical to a sound credit decision have been identified and material facts verified
Support the due diligence process and preparation of credit presentations and other documentation
Support structuring and execution of bank infrastructure financings including due diligence review
Interpret and manipulate project finance models
Assist in managing transactions through the internal credit process by consultation analysis structuring and communication with credit regional and business line managers

Assist in transaction structuring and execution deal efforts with various internal partners external counsel and other 3rd party consultants as applicable
Support senior team members in negotiating financial structures including where appropriate derivatives and transaction documentation with clients
Support the partner industry teams and relevant local teams in the preparation of internal credit analysis and comply with internal processes in accordance with the Banks internal policies and procedures
Support the associate director and senior team members on major project initiatives

Major Activities Include:
Reviewing analyzing and commenting on due diligence materials and legal documentation
Preparation of credit applications including a description of the transaction presentation of the main features especially focusing on risk and mitigant analysis
Conducting detailed financial modelling and credit analyses
Create internal strategic presentations

Build relationships with clients internal partners and industry participants including financial legal and technical advisors
Collect consolidate and interpret company project and industry data
Undertake comparable analysis and make structuring recommendations
Perform financial and written analysis of companies and industries
Work with various product teams in order to satisfy clients needs
Project and time management
Provide ongoing credit monitoring and administrative requirements
Confirm data integrity on Scotiabanks systems (e.g. Salesforce Credit 360 etc.)
Applying industry and product knowledge to support business strategy development

What Youll Bring

Minimum 2-3 years of work experience in Corporate or Investment Banking credit rating agency or related experience
Sector experience in infrastructure preferred
Bachelor or Master Degree in Business Finance Economics Math or Engineering
Proven record of outstanding achievement in academic and extracurricular activities
Strong quantitative skills focused on financial analysis accounting and credit risk
Must have basic understanding of project finance models with Excel
Must have significant experience creating presentations in PowerPoint
Strong written and verbal communication skills
A high level of attention to detail
Ability to manage multiple projects with different intensity levels simultaneously while maintaining a high standard of work
Must be a self-starter and proactive by taking initiative and anticipating deal team needs
Willingness to work hard and excel under pressure amid demanding deadlines
Success working collaboratively in a team-based environment underpinned by individual accountability
Strong analytical technical problem solving time management and organizational skills are a must
High professional standards including a strong sense of personal integrity
A demonstrated ability to adapt quickly and constructively to new situations and information
A high level of energy with keen desire to learn new concepts and embrace challenge
Critical thinker with demonstrated ability to take views and make decisions
SIE Series 63 & 79 preferred

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.

Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race color religion sex sexual orientation gender identity national origin disability veteran status or any other characteristic protected by federal state or local law.