Associate Director, Global Capital Markets Documentation, GBM, New York, NY

 

 

 

Requisition ID: 218678

 Salary Range: 117,400.00 - 224,700.00 

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, Global Capital Markets Documentation, GBM, 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! 

 

Overview: 

Contributes to the overall success of the Global Capital Markets Documentation (GCMD) group by ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

 

What You’ll Do 

 

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge. This includes having a sense of urgency, professionalism and active listening skills in all client dealings, including the negotiation of trade documentation.
• Manages a complex, international portfolio of negotiations in relation to the Bank and its affiliates’ capital markets documentation, including legal drafting and providing detailed analysis and advice to internal stakeholders on any non-standard client requests or contentious issues. Exercises discretionary authority to address or escalate decisions with respect to such documentation, and escalates matters to Banking, Front Office, Legal, Credit, Operations, Tax, or other areas as appropriate. Communicates contentious/key issues to the Director in a timely manner.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. This includes ensuring the terms in trading documentation are executed within the Bank’s risk tolerance (including but not limited to credit, legal, regulatory, and operational risk).
• Actively pursues effective and efficient operations of his/her respective areas, while ensuring 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.
• Timely negotiation and execution of a range of complex, global capital markets documentation within the Bank’s risk tolerance.
• Timely and accurate input of issues and information into GCMD’s record keeping system related to the negotiation of trading documentation, which is required for regulatory, management reporting and audit purposes.
• Communication with clients, lawyers, senior management (internal and client) on the Bank’s position with respect to trading documentation in a professional, informed manner.