Requisition ID: 267371
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.
Director,Transaction Advisory - Structured Credit (GBM)Global Banking and MarketsGlobal 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 and 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 (M&A), 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: The Transaction Advisory Group (TAG) provides structuring and execution expertise across multiple products including asset-backed securities, residential and commercial mortgage-backed securities, collateralized loan obligations, and other securitized and warehouse financing products. This role will focus on structured products, asset-backed lending, and fund finance with crossover support across the full structured credit spectrum and capital markets.
TAG works closely with Fixed Income Origination & Syndicate, Corporate & Investment Banking, Risk, Legal, Compliance, and the Underwriting Committee to structure transactions, pitch and advise clients, perform due diligence, negotiate and review documentation, obtain requisite internal approvals, and ensure seamless transaction execution from mandate to closing. There is significant client interaction involved working on live transactions and ensuring high quality, successful deal execution.
Successful candidate has 10+years legal and/or capital markets transactional experience. Bank in-house, Spanish proficiency, or credit background a plus. Juris Doctorate required. Roll-up sleeve attitude, sound judgment, with strong ability to prioritize, analyze, communicate, and work on a team required.
Transaction Coverage:- Structured Credit
- Collateralized Loan Obligations Warehouse
- Asset Backed Lending
- Fund Finance
- Credit Total Return Swaps
- Structured Solutions
- Securitized Products
- Asset-backed Securities
- Residential Mortgage-backed Securities
- Commercial Mortgage-backed Securities
- Collateralized Loan Obligations Securities
What You'll Do - Support Fixed Income Origination and Syndicate teams:
- Structure transactions
- Assist with new business solicitations
- Prepare marketing material for use in client meetings
- Field Sales, issuer/borrower client, and investor questions
- Play integral role in transaction execution
- Due diligence
- Lead all stages of documentation negotiation and review
- Work closing with clients and external counsel
- Work with Syndicate and Operations teams to price and settle transactions
- Policy development and internal education
- Develop extensive network of internal and external industry contacts
- Deal documentation management
- Work as part of a team to maximize business opportunities and provide financial solutions to our
commercial, corporate and institutional client base
What You'll Bring - Demonstrates sound knowledge of credit finance/lending and securities law, with experience in Structured Credit finance, fund finance, asset-backed lending, TRS and other credit derivatives, ABS, RMBS, CMBS, and/or CLOs preferred
- Juris Doctorate Degree with law firm or bank in-house experience strongly preferred
- 10+ years legal or banking experience
- Requires computer (Word, Excel, PowerPoint) proficiencies as well as excellent written and oral communication skills
- Experience in credit analysis and familiarity with legal document review required
- A high level of commitment and a strong sense of teamwork are needed to succeed in the role
- Roll-up sleeve attitude to support the team and internal stakeholders in new business builds and help where needed
- Ability to prioritize, make timely and sound judgments, and succinctly communicate with senior management
- Effectively liaises with key internal and external stakeholders and other industry participants
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
