Scotiabank

Director, Senior Legal Counsel - Structured Notes

Scotiabank$185K — $310K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • J.D. and licensed attorney in New York or Texas; position available in both locations.
  • 7+ years of legal experience in structured notes at a law firm or financial institution.
  • Comprehensive understanding of U.S. federal securities laws related to structured products.
  • Strong skills in interpersonal communication, analysis, and influence.
  • Excellent judgment and writing capabilities, with a professional demeanor.
  • Self-starter who can handle pressure, demonstrating proactivity and flexibility.
  • Ability to maintain confidentiality and exercise discretion.

Responsibilities

  • Provide legal support for the Bank's structured notes program under SEC and other exemptions.
  • Advise on U.S. securities laws and FINRA requirements for structured products.
  • Manage legal aspects of structured products transactions and review related documents.
  • Act as liaison with corporate functions supporting structured notes initiatives.
  • Coordinate with Head Office Legal for consistency across jurisdictions.
  • Negotiate agreements and draft templates for underwriters and dealers.
  • Monitor legal developments affecting business areas and advise stakeholders.

Benefits

  • Comprehensive flexible benefit programs for family, financial, physical, mental, and social health needs.
  • Emphasis on holistic well-being to support personal and professional life.
  • Opportunity for a hybrid work schedule.
Full Job Description
Requisition ID: 262417

Salary Range: 185,400.00 - 310,600.00

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.

Purpose

Contributes to the overall success of the U.S. Legal Department in a wide range of regulatory matters within the Global Banking and Markets division, with a primary focus on the Bank's Structured Notes program.

What You'll Do

  • Provides Legal Support to the Bank's structured notes program for instruments issued via SEC registration, Rule 144A and/or Regulation S or other applicable exemptions from registration, and linked to various asset classes such as equities, rates, commodities, currencies, indices or baskets of the foregoing.
  • Advises on U.S. securities laws and FINRA requirements related to marketing and issuing of structured products as well as various matters related to the hedging of structured notes issuances.
  • Manages legal aspects of structured products transactions, including reviewing prospectuses/offering memoranda, other marketing materials, external counsel opinions and deal documentation and participating in presentations of new products to relevant internal committees.
  • Acts as the Legal Department's liaison with other corporate functions supporting all products and initiatives related to the Bank's Structured Notes program.
  • Coordinates closely with Head Office Legal department colleagues to help ensure consistency, where appropriate, with Scotiabank's structured notes program in other jurisdictions and assist with maintenance of U.S. registered shelf.
  • Reviews and negotiates underwriter and dealer agreements, accession letters, licenses and other related agreements, as well as drafts and maintains template agreements for the same for the Bank's Structured Notes program.
  • Monitors legal and regulatory developments, evaluates impact on all affected business areas, and coordinates and discusses as necessary with internal stakeholders.
  • Serves as Legal stakeholder on working groups, managing projects and engaging with the firm's advocacy efforts relating to regulatory issues and regulatory change.
  • Advises internal stakeholders across the front office and other corporate functions in developing and implementing key strategic projects and new initiatives.
  • Analyzes legal and regulatory issues and provides timely and well-researched work product on legal matters affecting the Bank's Structured Notes program.
  • Supports Scotiabank's participation in various trade associations or other public forums and assists in drafting comment letters in response to proposed regulations affecting relevant areas.
  • Contributes to efficient and effective relationships with outside counsel and manages legal costs and invoices.
  • Understands how Scotiabank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • 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, sanctions and anti-money laundering (AML), and conduct risk.
  • Perform other duties as assigned from time to time.


What You'll Bring

  • J.D. and licensed attorney in good standing admitted or otherwise authorized to practice law in the state of New York [or in the state of Texas]. Position to be based [either] in New York, New York, [Houston, Texas, or Dallas, Texas] on a hybrid schedule.
  • 7+ years of legal experience with a law firm or financial institution covering structured notes issuances.
  • Comprehensive understanding of United States federal securities laws relevant to the foregoing.
  • Strong interpersonal, analytical, influencing and communication skills.
  • Excellent judgement, writing skills, and presence.
  • Self-starter, effective under pressure, proactive and flexible.
  • Able to preserve confidentiality and exercise discretion.


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.

#GBM #GBMLegal

Location(s): United States : New York : New York City

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
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90,619 employees
Market Cap
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