Requisition ID: 269387
Salary Range: 145,000.00 - 165,000.00
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.
Associate, Real Estate, Gaming and Leisure (REGAL) Corporate Banking - New York, NYPurpose:Real Estate, Gaming and Leisure (REGAL) is a core platform and premier banking team at Scotiabank with high visibility and deal velocity. Scotiabank's U.S. REGAL group has a dedicated team that works in close partnership across many product groups supporting our clients globally. Our experienced professionals' partner with many of the industry's most sophisticated owners, operators, and developers across all sectors including multifamily, industrial, hospitality, retail, self-storage, office and specialty asset sectors.
What You'll Do- As an Associate, you will play an important role in contributing to the overall success of the Global Corporate & Investment Banking team. You will be a valued member of a cohesive team focused on delivering individual and team goals in support of the broader business strategy. Responsibilities and activities will include:
- Championing a client-centric culture focused on deepening relationships, leveraging broader Bank capabilities and delivering solutions across Scotiabank's global footprint.
- Supporting client relationship management and the full transaction lifecycle, from client planning and origination through underwriting, approval, execution, documentation and portfolio monitoring.
- Preparing financial models, profitability analyses, diligence materials, credit memos, executive materials and client presentations, with a focus on credit risks, mitigants, repayment sources and approval requirements.
- Conducting company, sector and transaction analysis across real estate, gaming and leisure clients, with a focus on credit quality, liquidity, leverage, debt capacity, asset-level fundamentals and market trends.
- Supporting bilateral and syndicated loan execution, including workstream coordination, internal and external counsel engagement, documentation and closing.
- Partnering with product groups, including Structured Finance, Derivatives, FX, Commodities, Global Transaction Banking, Debt Capital Markets and Equity Capital Markets, to identify and deliver integrated financing, risk management and treasury solutions.
- Monitoring client relationships and portfolio exposures, including performance, covenants, annual reviews, renewals, amendments, waivers, refinancing opportunities and market trends.
- Maintaining strong controls and ensure compliance with operational risk, regulatory, AML/ATF, conduct risk and internal policy requirements.
What You'll Bring- Undergraduate or graduate degree in Business, Finance, Accounting, or equivalent
- 2-3 years of investment banking, corporate banking or credit experience
- Strong work ethic, attention to detail and positive 'can-do' attitude
- Knowledge in the financial markets and business fundamentals
- Interpersonal skills and ability to work in a collaborative environment
- Strong communication skills, with the ability to distill complex information for senior and cross-functional audiences
- Ability to adapt in a fast-paced, evolving environment
- Ability to prioritize competing deliverables under tight timelines
- Ability to influence through strong relationships across business and functional groups
- A strong culture, risk, and controls mindset
- Responsive team player with high standards and integrity
- Self-motivated, proactive and able to operate with limited supervision
- Strong quantitative, Excel, PowerPoint and Word skills
- Analytical mindset and intellectual curiosity
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 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): United States : New York : New York City