Associate Director, Legal Counsel - Securitization

 

 

 

Requisition ID: 190864

 Salary Range: 185,000.00 - 203,600.00 

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

 

Contributes to the overall success of the U.S. Legal Department by providing day-to-day legal support on a broad range of matters across multiple businesses and operations of the Bank’s U.S. Global Banking & Markets (GBM) business, with a primary focus on Asset Backed Securities (“ABS”), Collateralized Loan Obligations (“CLOs”) and other ECM and DCM businesses.

 

What You’ll Do

 

• Provides day-to-day legal advice and support to Scotiabank’s ABS business.
• Provides secondary support to Scotiabank’s CLO, ECM and DCM businesses.
• Actively negotiates offering documentation (both SEC-registered and private placements), including engagement letters, opinions, underwriting/purchase agreements, auditor letters, and diligence materials. 
• Reviews marketing materials (including disclosures and investor communications).
• Assists in updating or creating standard templates, as required.
• Tracks and monitors legal, regulatory and market changes affecting the ABS and CLO businesses.
• Partners with internal stakeholders to structure products and transactions and to build robust processes for managing legal and regulatory risk.
• Contributes to a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Advises internal stakeholders, including the front office and other corporate functions, in rolling out key strategic projects and new business initiatives.
• Analyzes legal and regulatory issues in area of practice and provides timely and well-researched work product to clients on complex legal matters. 
• Contributes to efficient and effective relationships with outside counsel and manages legal costs and invoices.
• Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Demonstrates a proactive approach to developing competency in unfamiliar practice areas.
• Pursues effective adherence to Scotiabank’s Values and its Code of Conduct, while ensuring the adequacy, adherence to, and effectiveness of business controls to meet obligations with respect to operational, compliance, AML/sanctions, and conduct risk.

  

What You’ll Bring

 

• J.D. and licensed attorney in good standing admitted or otherwise authorized to practice law in New York. Position to be based New York, NY on a hybrid schedule (minimum 2-3 days in downtown office).
• Minimum of 3 years in large international law firm and/or large bank representing issuers and/or financial institutions in SEC-registered and privately-placed ABS offerings, CLOs and other debt and equity capital markets transactions. 
• Knowledge of, and experience with, ’33 Act, ’34 Act, Rule 144A and other private placement exemptions, and disclosure issues for financial institutions and related products.
   

Interested?

 

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank! 

 

At Scotiabank