Requisition ID: 174516

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.

Position: Associate, Technology Corporate Banking

Team

The Associate will work with senior bankers across a variety of different transaction types in servicing our larger corporate clients. As one of the fastest growing and most dynamic groups within the Bank, the Associate can expect to have numerous opportunities to demonstrate growth, initiative and intellect. With an increasing roster of highly experienced senior bankers, the tech team continues to innovate and drive additional topline revenue and net income for Scotiabank. If you are interested in a fast-paced, challenging but exciting environment, working with many of the largest technology businesses in the U.S., the technology corporate banking team welcomes the opportunity to connect with you.

Purpose
Work closely with the sector team to provide customized financial solutions to clients and manage client relationships. Contribute to the overall success of the team ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensure all activities conducted are in compliance with governing regulations, internal policies and procedures.

Accountabilities

• Champion a client centric culture focused on deepening client relationships and leverage broader Bank relationships, systems, and knowledge to deliver solutions that Scotiabank can provide across its footprint and generate revenue. Relationship management and cross collaboration includes:
  • Coordinating with the various product groups and industry team within GBM
  • Developing and maintaining effective industry relationships with clients
• Provide day to day support, which includes:
  • Execute a range of corporate finance related tasks including: financial analysis, building and analyzing advanced financial models (including standalone, DCF, and LBO models) industry research, due diligence, etc.
  • Maintain and design internal materials (excel, PowerPoint) on the corporate finance, strategic investment and industry related trends for comparative analysis and presentation
  • Draft and prepare pitch books and marketing materials
  • Prepare internal documents, including deal committee memos and credit memos
  • Analyze, process, and execute credit requests
  • Develop recommendations for the appropriate course of action based on analysis, internal policies/procedures, and the Bank’s risk appetite
  • Review loan documentation and update internal systems with pertinent transaction/facility details and conduct regular monitoring of credits/client relationships via annual and quarterly reviews
  • Provide day to day account management support for several client relationships
  • Expand on sector/industry and Bank product knowledge to identify trends and cross-selling opportunities within sector
  • Assist with various ad-hoc tasks including conducting industry reviews, validating/providing internal compliance documentation, update internal reports for management
• Develop more junior bankers on their team and across CIB and GBM through active engagement on developing their skills (technical, coverage and other leadership skills) and providing real-time positive and constructive feedback to support their development
• Actively partner with group leaders and broader team to build team dynamics and engagement across teams
• Actively contribute to a high performance and inclusive work environment

Education / Experience

• Undergraduate degree in Business, Finance, Accounting, or equivalent
• Master’s degree, MBA, CFA, or other relevant professional designation/experience
• Strong written and verbal communication skills
• Financial modelling skills and accounting knowledge
• Strong computer skills including the use of MS Office, Excel, Word, PowerPoint
• Superior organization skills
• Maintain a professional approach in all client interactions
• High attention to detail with a sense of urgency appropriate to the situation
• Strong time management skills and driven to achieve timelines and goals
• Obtain and maintain required FINRA registration and licensing appropriate to your functions and responsibilities

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. 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.