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Associate Director, FX Sales

Scotiabank
New York City, United Statesfull_timeVerifiedPosted 10 Jul 2024

About the role

 

 

 

Requisition ID: 202937

 Salary Range: 225,000.00 - 225,000.00 

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, FX Sales – 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: Contributes to the overall success of the FX Sales desk in the United States ensuring specific individual goals, plans, 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  

  • Embrace a customer focused culture, deepening client relationships and leverage broader Bank relationships, systems and knowledge.
  • Identifies and develops business opportunities with clients, cross-selling existing relationships across other areas and product groups.
  • Drive customer expansion, through adding new customers and expanding our footprint with new clients
  • Evaluates and analyzes the hedging needs of Corporate and Institutional clients, including understanding the fundamental risk management priorities and product needs.
  • Extensively leading client coverage for a portfolio of accounts, fostering partnership across the entire FICC product suite
  • Production of adequate market color and trade ideas, in addition to creating linkages between our client base and the trading desk.
  • Directs day-to-day activities in a manner consistent with the Bank’s risk culture and the relevant risk appetite statement and limits. 
  • Creates an environment in which the team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk. 
  • Develop and learn the FX business procedures and processes.
  • Champions a high performance environment and contributes to an inclusive work environment. 


What You’ll Bring 

  • Undergraduate degree required (preferably in a related discipline such as Finance, Economics, and Business). 
  • Strong product knowledge and understanding of financial markets.
  • Excellent customer relationship skills
  • Understanding of the FX Global Code and policies specific to markets where we trade FX


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

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Company

Scotiabank

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