Associate - Consumer, Industrials & Retail "CIR" Coprorate & Investment Banking

 

 

 

Requisition ID: 190972

 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 - Consumer, Industrials & Retail (“CIR”) Corporate & Investment Banking

 

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: The Associate supports relationship managers in the development and marketing of prospective clients as well as the maintenance/enhancement of relationships with existing clients. The role includes opportunities to liaise directly with US Corporate Banking clients. The individual will work closely with other team members including, Analysts, Other Associates, Associate Directors, Directors and Managing Directors to manage client relationships located in the United States. The Associate will be responsible for handling the creation of client and prospect pitchbooks, presentations, financial modeling and research, credit related activities including review of credit presentations, structuring loan transactions, performing due diligence, negotiating documentation, and monitoring compliance and industry trends. Furthermore, the Associate will liaise across other departments and products, including Equity Capital Markets, Debt Capital Markets, Global Loan Syndications, Derivatives, and/or Foreign Exchange, gaining knowledge and understanding of the various products Scotiabank offers.

 

What You’ll Do   

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Evaluating and analyzing the financial needs of corporate clients, including the development of financial models.
• Preparing marketing materials and presentations, and generally supporting client pitches and deal execution efforts.
• Financial and written analysis of companies and industries, including the development of valuation models, pro-forma financial statements and comparable company analysis, etc.
• Analyze lending opportunities; liaise directly with the Corporate Banking Execution team on the preparation of credit presentations and with Global Risk Management on credit adjudication.
• Support the negotiation of loan terms and documentation with borrowers/other banks, culminating in the closing of transactions.
• Work closely with the Bank's specialized product groups (GTB, Treasury Services, Capital Markets, etc.) to tailor products to clients and promote effective marketing and delivery of these products to customers and prospects.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• 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.
• Champions a high-performance environment and contributes to an inclusive work environment.
• Assist in the preparation of portfolio reporting and analysis, including weekly pipeline reports and monthly Salesforce reconciliation. 

 

What You’ll Brin