Associate, Corporate Banking, Industrials

Requisition ID: 275316

Salary Range:145000.00-165000.00

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.

Associate Corporate Banking - Industrials

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 Corporate Banking Associate supports senior team members in the development and marketing of existing and prospective investment grade and non-IG clients across the Industrial sector (A&D Building materials Chemicals Packaging and other Industrials) The individual will work closely with other team members including other associates associate directors (vice presidents) directors and managing directors to manage client relationships located in the United States. The associate will be responsible for handling credit related activities transaction execution and relationship management including: completion of credit presentations financial models marketing and pitch materials performing due diligence negotiating documentation and monitoring compliance and industry trends.

What Youll Do:

• Champion a client-centric culture by leveraging banking systems and sector knowledge to deliver value-added solutions for the clients.
• Evaluate and analyze the financial needs of corporate clients including the development of financial models.
• Analyze lending opportunities prepare marketing materials and presentations and generally support client pitches and deal execution efforts.
• Financial and written analysis of companies and industries including the development of financial/valuation models pro-forma financial statements and comparable company analysis etc.
• Prepare credit presentations and recommendations for review by team members and Global Risk Management; liaise directly with Global Risk Management.
• Assist in the management of an assigned loan portfolio: coordinate account management with team members handle customers requests for waivers amendments and restructurings of credit facilities.
• Support the negotiation of loan terms and documentation with borrowers/other banks culminating in the closing of transactions.
• Work closely with the Banks specialized product groups (GTB Treasury Services Capital Markets etc.) to tailor products to clients and promote effective marketing and delivery of these products to customers and prospects.
• Work with other Bank Syndicate agents on syndicated deals in order to present information clearly and concisely in credit presentations.
• Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.
• 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.
• Champion a high-performance environment and contribute to an inclusive work environment.

What Youll Bring:

• Degree in Business or related field.
• 2 years of banking experience in Investment/Corporate/Commercial Lending/Leverage Finance or related environment.
• Strong financial modeling and accounting skills.
• Familiarity with industrial sectors preferred
• Excellent computer skills: Microsoft (Excel Powerpoint Word Sharepoint etc.); Financial platforms (Factset CapIQ BBG) Credit & Risk systems
• Strong written and communication skills for both internal stakeholders and client interactions.

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.