Associate Director (Vice President) Structured Credit Sales New York, NY
New York City, NY - USA
Job Summary
Requisition ID: 257115
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 (Vice President) Structured Credit Sales - New York NY
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Capital Markets and Investment Banking platform with a competitive presence across the Americas operating globally over 100 years. Scotiabanks strong US 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 including transaction banking and trade finance solutions.
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 to every future!
Purpose
The Associate Director (VP) will be a seniorlevel salesperson within the U.S. Structured Credit Sales team responsible for distributing primary and secondary structured credit products to a broad base of North American institutional investors. The role requires strong product expertise across ABS CLOs RMBS and CMBS close coordination with trading and syndicate and the ability to drive client engagement through market insight execution capability and disciplined risk management.
This role sits at the intersection of origination secondary liquidity provision and investor relationship management supporting both new issue distribution and secondary market flow across structured credit products
What Youll Do
Client Coverage & Relationship Management
- Manage and expand relationships with North American institutional investors including asset managers insurance companies banks hedge funds pension funds and other realmoney accounts
- Act as a trusted market advisor providing timely market color trade ideas and relativevalue analysis across structured credit asset classes
- Drive consistent client engagement through proactive outreach trade execution and posttrade followup
Primary Market Distribution
- Partner closely with CLO ABS RMBS and CMBS syndicate teams to support primary issuance bookbuilding and allocation strategy
- Help position new issues by investor type tranche and risk profile ensuring broad distribution and strong execution outcomes
- Leverage investor feedback to inform pricing structure and sizing decisions during the syndication process
Secondary Market Sales & Execution
- Facilitate secondary market liquidity across structured credit products in coordination with trading
- Originate and execute secondary trades balancing client needs with desk risk parameters
- Communicate realtime market tone flows and clearing levels to clients and internal stakeholders
Internal Coordination & Market Intelligence
- Work closely with trading banking syndicate teams to ensure consistent messaging and execution
- Provide regular feedback on investor demand relative value and market trends to support desk strategy
- Contribute to internal sales meetings market updates and leadershiplevel summaries
Risk & Controls
- Ensure all activity is conducted in compliance with internal risk limits regulatory requirements and supervisory standards
- Maintain strong discipline around documentation approvals and client suitability
What Youll Bring:
- 610 years of experience in structured credit sales trading syndicate or a closely related role
- Strong working knowledge of ABS CLOs (BSL and MM) RMBS and CMBS across both primary and secondary markets
- Established relationships with North American institutional investors
- Proven ability to execute trades manage order books and support primary distribution
- Excellent communication skills with the ability to distill complex structures into clear actionable insights
- High level of commercial judgment accountability and attention to detail
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.
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.
Required Experience:
Exec
About Company
Scotiabank is one of the leading foreign banks serving large national and multinational corporations in the U.S. through its Global Banking and Markets, Global Transaction Banking and Wealth Management business lines.