Manager, Risk - Leveraged Finance

 

 

 

Requisition ID: 201941

 Salary Range: 85,700.00 - 159,100.00 

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.

 

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 Manager, Risk - Leveraged Finance  will cover U.S. Non-Investment Grade credits, which may include, but is not limited to, the following industry groups:   technology, healthcare, and general commercial & industrial. 
 

 

What You’ll Do

 

• Assist in the assessment of proposed non-investment grade financing transactions and monitor the overall underwriting portfolio and the portfolio of held loans

• Critically reviewing individual deals including but not limited to the forecast EBITDA and adjustments, capital structure, syndication issues, primary due diligence materials, leveraged financing modeling sensitivities, and risk / reward tradeoffs and help make credit recommendations regarding credit approvals and declines

• Ensure that all credit adjudications and daily practices adhere to Bank policies and procedures

• Produce reports on the syndication book and aged underwritings to ensure the bank’s portfolio is aligned with its risk appetite and / or identify issues for escalation to senior management

• Partnering with the business to ensure day-to-day business activities are conducted within the bank’s risk appetite and to manage the alignment of the bank’s U.S. strategy, risk appetite and risk culture

• Driving a customer focused culture that deepens client relationships and leverages broader Bank relationships, systems and knowledge

• Champion an environment in which his/her team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and other policies

• Assist with, internal audits, regulatory reviews, and projects

• Coordinate and work with Head Office Global Risk Management, when necessary, in matters related to the presentation of the global view of credit risk related to the portfolios
   

   

What You’ll Bring

 

• Experience in non-investment grade credit risk;
• Understanding of U.S. Leveraged Lending regulatory considerations and issues
• 2-4 years of experience in non-investment grade credit risk (or comparable corporate credit ratings) analysis
• Minimum of a Bachelor’s degree in a related discipline. Master's degree, recognized professional designation in a specialized area of finance or business (such as a CFA), or equivalent, is a plus
• St