Requisition ID: 277917
Purpose
Contributes to the overall success of the Global Capital Markets Documentation (GCMD) group by 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 in compliance 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. This includes having a sense of urgency, professionalism and active listening skills in all client dealings, including the negotiation of trade documentation.
• Manages a complex, international portfolio of negotiations in relation to the Bank and its affiliates' capital markets documentation, including legal drafting and providing detailed analysis and advice to internal stakeholders on any non-standard client requests or contentious issues. Exercises discretionary authority to address or escalate decisions with respect to such documentation, and escalates matters to Banking, Front Office, Legal, Credit, Operations, Tax, or other areas as appropriate. Communicates contentious/key issues to the Director in a timely manner.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions. This includes ensuring the terms in trading documentation are executed within the Bank's risk tolerance (including but not limited to credit, legal, regulatory, and operational risk).
• 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.
What You'll Bring:
• Lawyer with minimum of 5 years of relevant financial/industry knowledge in derivatives and trading documentation, and a strong understanding of the provisions in such documentation. A law degree is required.
• Excellent communication, legal drafting and organizational skills.
• Strong business acumen, sound judgment and critical thinking skills. Must be action-oriented and self-motivated with strong relationship management skills.
• Ability to work collaboratively with team members and internal stakeholders (in particular Legal, Tax, Banking, Front Office, Credit and Operations) to ensure GCMD objectives are met.
Work Arrangement:
This position is currently an on-site role, with the expectation that you will work at least 4 days a week in the office. Please note that this is subject to change based on the needs of the business.
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!
What's in it for you?
Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Location(s): Canada : Ontario : Toronto