Title:  Associate Director, Legal Counsel, Legal and Corporate Affairs

Requisition ID: 206757

 Salary Range: 180,000.00 - 211,800.00 

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! 

Purpose

Contributes to the overall success of the U.S. Legal Department by providing day-to-day legal support on a broad range of matters across multiple businesses and operations of the Bank’s U.S. Global Banking & Markets (GBM) business, with a primary focus on Prime Services.

What You’ll Do 

• Provide day-to-day legal advice and support to Scotiabank’s Prime Services and Collateral Management & Funding businesses, advising the front office and other internal stakeholders on legal and regulatory matters related to the business.
• Independently draft and/or assist the documentation team with the review and negotiation of a wide range of agreements, including ISDA Agreements, total return swaps, interdealer/funding conduit agreements,  custody agreements, and other transaction documents, including equity derivative documentation.
• Assist in updating or creating standard templates, as required.
• Monitor and maintain an awareness of the regulatory environment for emerging legislation and policy statements, along with relevant trends and industry best practices applicable to Scotiabank’s combined U.S. operations and advise internal stakeholders on the same.
• Partner with internal stakeholders to build robust processes for managing legal and regulatory risk.
• Contribute to a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Advise internal stakeholders, including the front office and other corporate functions, in rolling out key strategic projects and new business initiatives.
• Analyze legal and regulatory issues in area of practice and provide timely and well-researched work product to clients on complex legal matters. 
• Contribute to efficient and effective relationships with outside counsel and manage legal costs and invoices.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Demonstrate a proactive approach to developing competency in unfamiliar practice areas.
• Pursue 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, AML/sanctions, and conduct risk.

What You’ll Bring 

• J.D. and licensed attorney in good standing admitted or otherwise authorized to practice law in New York. Position to be based New York, NY on a hybrid schedule (minimum 3 days in downtown office).
• Minimum of 3 years in large international law firm and/or equivalent in-house experience at a large bank.
• Direct experience with equity derivatives and synthetic prime brokerage services, including negotiation of Master Confirmation Agreements under the ISDA framework.

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! 

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

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.