Title:  Associate, Securities Borrowing and Lending

Requisition ID: 245206

 Salary Range: 155,000.00 - 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.

Global Banking and Markets

Global 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 & 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, 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! 

Role Overview:

We are looking for a motivated and detail-oriented Associate to join our Prime Services team in a role focused on US Securities Lending.  This position offers a unique opportunity to gain hands-on experience in securities finance while contributing to the evolution of our product offerings and platform capabilities.

What You'll Do:

Securities Lending:

• Support daily equity lending and borrowing operations, including trade booking, inventory management, and locate processing.
• Assist in analyzing lending activity, utilization rates, and client demand to identify optimization opportunities.
• Collaborate with trading, operations, and risk teams to ensure accurate and timely execution.

Product Development:

• Participate in the design and rollout of new tools, reports, and platform enhancements for the securities lending business.
• Work with technology and business teams to gather requirements, test functionality, and support implementation.
• Conduct market research and competitor analysis to inform product strategy and identify gaps.
• Assist in creating dashboards, data visualizations, and performance metrics to improve transparency and decision-making.
• Support cross-functional initiatives aimed at automation, scalability, and client experience improvements.

What You'll Bring:

• 2–4 years of experience in securities lending, equity finance, prime brokerage, or related financial services.
• Strong analytical and problem-solving skills; familiarity with market data and financial modeling.
• Excellent communication and organizational skills; ability to manage multiple priorities.
• Proficiency in Excel and Python
• Bachelor’s degree in Finance, Economics, Business, or a related field.

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 || United States : California : San Francisco || United States : Florida : Miami || United States : Florida : Tampa || United States : Georgia : Atlanta || United States : Illinois : Chicago || United States : Louisiana : New Orleans || United States : Massachusetts : Boston || United States : Texas : Austin || United States : Texas : Dallas || United States : Texas : Houston

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, please click here. 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.

Scotiabank is an equal opportunity employer.  We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.