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Title:  Associate Director, Global Capital Markets Documentation, GBM




Requisition ID: 145033

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


Position:  Associate Director, Global Capital Markets Documentation, GBM (New York Office)

Contributes to the overall success of the Global Capital Markets Documentation (GCMD) group by ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives.  Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

•    Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge. This includes having a sense of urgency, professionalism and active listening skills in all client dealings, including the negotiation of trade documentation. 
•    Negotiates documentation for the Prime Services business, including document suites related to both Synthetic and Cash Prime Brokerage client relationships. Such documentation includes Prime Brokerage Agreements, Lock Up Agreements, Master Confirmation Agreements, ISDAs and CSAs, Repo and Securities Lending Agreements. 
•    Manages a complex, international portfolio of negotiations in relation to the Bank and its affiliates’ capital markets documentation, including legal drafting and providing detailed analysis and advice to internal stakeholders on any non-standard client requests or contentious issues. Exercises discretionary authority to address or escalate decisions with respect to such documentation, and escalates matters to Banking, Front Office, Legal, Credit, Operations, Tax, or other areas as appropriate. Communicates contentious/key issues to the Director in a timely manner.
•    Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. This includes ensuring the terms in trading documentation are executed within the Bank’s risk tolerance (including but not limited to credit, legal, regulatory, and operational risk). 
•    Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
•    Champions a high performance environment and contributes to an inclusive work environment. 

Education / Experience 
•    Minimum 8-10 years industry experience and relevant legal background in derivatives and trading documentation, including Prime Services documentation, and a strong understanding of the provisions in such documentation. Basic understanding of prime services products. 
•    Law degree from a reputable law school and membership in a bar association. 
•    Excellent communication, legal drafting and organizational skills. 
•    Strong business acumen, sound judgment and critical thinking skills.  Must be action-oriented and self-motivated with strong relationship management skills.
•    Ability to work collaboratively with team members and internal stakeholders (in particular Legal, Tax, Banking, Front Office, Credit and Operations) to ensure GCMD objectives are met. 


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, 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.

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