Job Description

Requisition ID: 204251

  Salary Range: 135,000.00 - 155,000.00 

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 candidate’s relevant knowledge, skills, and experience.

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Title: Associate, Corporate Banking, Technology - Execution

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. Scotiabank’s 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/Purpose:

Contributes to the overall success of the U.S. Corporate Banking Department ensuring specific individual goals, plans, and initiatives are executed/delivered in support of the team’s business strategies and objectives. Ensures all activities comply with governing regulations, internal policies and procedures.

Position Highlights: 

The Associate, at the direction of and in partnership with the Associate and/or Associate Director, is responsible for (i) facilitating the structuring of deals within the designated industry portfolios according to internal policies and procedures and external/regulator standards to ensure the quality of the financial and credit analysis meets acceptable standards, and (ii) project work to further the strategic and tactical goals of U.S. Corporate Banking. Given the timeline-drive nature of loan transactions and project work, there may be a significant amount of reporting and project work with tight deadlines.

What You’ll Do: 

• Develop strong working relationships with other Corporate and Investment Banking employees, and with operational teams in the U.S. and in Canada to maximize productivity (CAG, WBO, GRM)
• Partner with all product groups to successfully execute transactions, annual reviews and QLR’s
• Participate in deal discussions and formulate recommendations for the appropriate course of action based on analysis, internal credit policies/procedures, and the Bank’s risk appetite
• Ensure work product is adhering to U.S. Leveraged Lending Policies and Procedures 
• Support Associate/Associate Director on all credit related activities, including the preparation of annual reviews (which includes comprehensive financial statement analysis), QLR communications, amendments, refinancing and new client transactions for the Technology industry in line with current Bank credit and documentation policies and procedures
• Build financial models based on existing internally developed templates by extrapolating relevant information from historical financial performance, company provided projections and analyst estimates/industry research
• Assist in the review of loan documentation and update internal systems with pertinent transaction/facility details and conduct regular monitoring of credits/client relationships via annual and quarterly reviews 
• Assist with various ad-hoc tasks including conducting industry reviews, validating/providing internal compliance documentation, update internal reports for management 
• Participate in regulatory and compliance activity and team administration
• Champions a high-performance environment and contributes to an inclusive work environment. 

What You’ll Bring:

• Bachelor’s degree in business/finance/accounting
• Strong MS Office computer skills (Excel, Word, PowerPoint)
• Excellent written and verbal communication skills
• Analytical Focus 
  • Excellent financial modeling skills and familiarity with complex financial models 
  • Conducts thorough due diligence to facilitate prompt execution of transactions that vary in complexity
  • Produce credit presentations that are accurate, succinct, concise and complete
  • Ensures all Bank guidelines are met as it relates to administration of the portfolio of accounts
• Teamwork
  • Flexible to demands of work and viewed as a valuable team resource
  • Promotes cooperation, teamwork, and professional internal and external relationships
  • Demonstrates a strong personal commitment to individual development
• Results Focused
  • Strong time management skills and driven to achieve timelines and goals
  • Ability to learn new concepts, processes and expand knowledge base
  • Multi-tasking is essential, specifically the ability to manage multiple deliverables simultaneously with competing deadlines while maintaining a high standard of work
  • Follows internal compliance practices and acts ethically at all times
  • Exhibits self-motivation and pushes self to achieve greater results

Interested? 

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture. 

What's 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.

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