Associate Director, U.S. Financial Sponsors & Fund Finance

Requisition ID: 201054

Salary Range: 185,000.00 - 185,000.00

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 Director, Financial Sponsor & Fund Finance, Corporate Banking – 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. 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!

Purpose : The Associate Director in Financial Sponsor & Fund Finance Corporate Banking will play a critical role in managing and expanding the Bank’s fund finance portfolio. The Associate Director will be responsible for originating, structuring and executing complex fund finance transactions and managing client relationships, as well as contribute to the overall success of the team. The position requires a deep understanding of fund finance products, strong analytical skills and the ability to work collaboratively with internal and external stakeholders.

What You’ll Do

• Transaction Management

• Support Director in the origination, structuring and overview the execution of fund finance transactions including subscription lines, hybrid facilities, BDC revolvers, and other fund finance products.

• Conduct thorough due diligence, financial analysis, and risk assessment for proposed transactions

• Prepare deal related memos and coordinate credit applications throughout the whole cycle of the transaction

• Client Relationship Management

• Actively support the Director on mandates for key clients as well as coordinate with other areas of Scotiabank to deliver multi-product pitches and offerings

• Coordinate with the various product groups and industry team within GBM and Capital Markets to deliver solutions that Scotiabank can provide across its footprint and generate revenue

• Develop and maintain effective industry relationships with existing and prospect clients

• Team Leadership

• Foster a collaborative and high-performance culture within the Origination and Execution team

• Actively partner with the broader team to build team dynamics and engagement across teams

• Assist in resource management and prioritization of work to effectively and efficiently manage team’s time and resources

• Market and Industry Analysis

• Stay updated on market trends, regulatory changes and industry developments affecting the fund finance sector

• Support Director in formulating strategy recommendation to senior management on market opportunities and risks

• Regulatory and Compliance

• Coordinate with legal and compliance teams to address any regulatory concerns

• Ensure all transactions comply with internal policies, regulatory requirements and industry best practices

• Ensure the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to Scotiabank’s Values, its Code of Conduct & compliance, operation and conduct risks and AML/ATF/sanctions.

What You’ll Bring

• 6+ years’ work experience in Fund Finance or Corporate Banking in general

• Bachelors or Masters Degree in Business, Finance, Economics or related field. An MBA or CFA is preferred

• Strong understanding of fund finance products and structures

• Strong written and verbal communication skills

• Excellent analytical, problem solving and decision making skills

• Proven track record in client relationship management and business development

• A high level of attention to detail

• The ability to manage multiple projects simultaneously while maintaining a high standard of work

• The ability to excel under pressure amid demanding deadlines

• The ability to work independently and as part of a team in a fast-paced environment

• High professional standards including a strong sense of personal integrity and teamwork

• A high level of energy and a keen desire to learn new concepts

• Independent thinker and proven ability to make decisions

• Obtain and maintain required FINRA registration and licensing appropriate to your functions and responsibilities

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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.