Associate, Securitization Administration and Analysis / Global Securitization

 

 

 

Requisition ID: 202297

 Salary Range: 145,000.00 - 175,000.00 

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 – Securitization Administration and Analysis / Global Securitization / Global Banking and Markets US

 

 

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 Global Securitization in New York / USA ensuring the daily monitoring of regulatory surveillance of 2a-7 and Risk Retention, the daily revenue certification in TARDIS, and the distribution of required daily reports to the respective departments. Ensuring the weekly revenue updates and reporting are accurate before distribution. Monitor and review client compliance (Seller Reports) monthly, while updating the Trendline, Rating Agency report and the Conduit Investor Report to be distributed at month-end. Ensures all activities comply 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.
• Daily monitoring of regulatory surveillance of 2a7 and Risk Retention using the “Asset Liability Regulatory Surveillance Report” from SecureHub to ensure they have not exceeded their thresholds and are within the limits. If a limit is close or has been breached management is advised and the required approval needs to be provided to process entries to realign with the required limits.
• Daily distribution of the Delayed draw, Conduit ABCP Spread and Daily Maturity Report to each respective distribution list once notification is received from Product Control that all daily inputs have been completed in SecureHUB.
• Weekly Distribution of the CP Maturity Stress Test report (CP Maturity Allocation) which is retrieved from SecureHub.
• Quarterly Risk Weighted Asset Template update for US, CAD and Other country for GUI upload. 
• Updating and distributing weekly revenue reports to DCM utilizing the TARDIS System.
• Distribute monthly reports pertaining to the clients outstanding, Liquidity, Tenor, Client Profitability and commitments to various internal departments within the Bank (Credit, Risk Management, Product Control and Customer Measurement Dept).
• Gathering and reporting weekly and month end revenue figures for Global Securitization for distribution to Product Control to be uploaded to the TARDIS System.
• Daily monitoring and certification of revenue amounts uploaded to TARDIS to ensure the correct amounts are being captured in the system. 
• Quarterly update and distribution of Global Securitization US Asset Profile report to Accounting policy and Reporting.  
• Collect all legal documents post-closing of all deals and forward to GWO-Corporate Loan Documents Dept. for them to update the F28s to reflect the new data. Record all completed phase in the Monthly Activity Report. 
• Analyze and process information on new deals and amendments to update the Deal Summary to be distributed to the Deal Team and Product Control. 
• Monitor reports and update client details (Additional Property Field and Credit Ratings) to coincide with the