Associate Director

Requisition ID: 199619

Salary Range: 185,000.00 - 185,000.00

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.

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

TITLE: Associate Director

DUTIES: Scotia Capital (USA), Inc. seeks Associate Director in New York, NY to support client coverage with Senior Bankers through day-to-day account management, championing a customer-focused culture to deepen client relationships. Actively participate in calling efforts and preparation of pitchbook materials to market and deliver the Bank’s full-service offerings to customers and prospects. Identify cross-sell opportunities and coordinate with various product partners. Direct and complete analysis of corporate US lending opportunities within the Healthcare sector, namely profitability analysis and preparing Deal Memos for approval by Senior Management. Play a key role in the training, development and coaching of Analysts and Associates, which includes reviewing work and providing an overview of the Bank’s procedures and guidelines. Review and negotiate credit agreements with agent banks and external counsel, culminating in the closing of transactions.

REQUIREMENTS: Bachelor’s degree or foreign equivalent in Business Administration, Economics, Finance, or related and five (5) years of progressively responsible experience in the job offered or a related role: performing financial modelling and projection analysis to determine the likelihood of loan repayment; conducting stress testing analysis to determine when the business can slow down before a financial covenant is breached and a refinancing must take place; analyzing lending and non-lending products to fully understand the credit risks and mitigants for the Bank and extent of cross-sell opportunities for the Bank with the client; implementing knowing-your-client and anti-money laundering training surrounding issues of privacy, disclosure, fraud prevention, and anti-terrorism; analyzing data while conducting due diligence of entire sector and subsectors regarding market trends. In the alternative, employer will accept a Master’s degree in one of the above-listed fields and three (3) years of experience in the above-listed areas. The offered salary is between $185,000 and $185,000 per year, and 40 hours per week. 30% domestic travel required. Telecommuting and/or working from home may be permissible pursuant to company policies. When not telecommuting, must report to work site.

QUALIFIED APPLICANTS: Please apply directly through our website https://www.scotiabank.com/careers by searching for Associate Director & indicate job code KL05092024WEB.

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

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.