Director, US Investment Grade Credit Trading

 

 

 

Requisition ID: 214419

 Salary Range: 300,000.00 - 300,000.00 

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.

 

Director, US Investment Grade Credit Trading

 

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 success of the US Investment Grade Cash Trading Desk which is a part of Global Fixed Income 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 following 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.
• Support the Debt Capital Markets franchise through trading in the secondary bond market
• Drive revenue and trading volumes through interactions with our clients and prudent risk taking
• Fosters new and existing client relationships in addition to cross-selling existing relationships across other areas and product groups.
• Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Manage trading inventories and generate trading revenues in compliance with limits and the bank’s risk profile.
• Actively 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.
• Champions a high performance environment and contributes to an inclusive work environment.

What You’ll Bring 

• Holds relevant bachelor’s degree (Commerce, Finance, Economics, Mathematics or related discipline)
• CFA designation an asset
• SIE, Series 7 and Series 63 licenses.   
• Associated Person of swap dealer.  NFA Swap Proficiency Requirement within 30 days
• Strong financial and computer literacy 
• Strong written and verbal communication skills
• Ability to multitask, excellent problem resolution and time management skills
• Ability to respond to enquiries quickly and effectively with confidence
• Strong work ethic with a high level of attention to detail
• Energetic with a keen desire to learn new concepts<