Title:  Investment Banking Analyst, Sponsors

Requisition ID: 199394

 Salary Range: 110,000.00 - 120,000.00 

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: Analyst, Investment Banking, Sponsors U.S. – New York, NY 

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: The US Sponsors team is a newly formed US sponsor coverage group that is created on the heels of Scotiabank’s ambitions to grow its leveraged finance product and overall investment bank. 

The candidate will be responsible for supporting deal execution across industries and products as well as relationship management for a broad range of Sponsors. The work will entail financial modeling, pitch book preparations, credit memo support and generally supporting the group. The candidate will work closely with the the Directors and MDs in the group. The candidate will contribute to the overall success of the team ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensure all activities conducted are in compliance with governing regulations, internal policies and procedures.

What You’ll Do 

• Champion a client centric focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge to deliver solutions that Scotiabank can provide within the financial sponsor space including private equity, infrastructure, real asset, private credit and family office managers. Role will also include relationship management and cross collaboration including:
  • Coordinating with other groups within Global Banking & Markets (“GBM”), such as banking coverage across Corporate & Investment Banking (“CIB”) globally, credit and business risk, underwriting / execution, and Capital Markets (Securitization, DCM, ECM, Structured Credit, FX and Rates).
  • Developing and maintaining effective industry relationships with legal counsel, external parties, clients (in collaboration with senior coverage officers)
• The day-to-day responsibilities include the following:
  • Assist the underwriting and approval process for sponsor-backed transactions at the fund and portfolio/asset level to drive fee-generating revenues such as M&A, LBO and refinancing via collaboration with CIB coverage teams and Non-Investment Grade Finance team.
  • Participate in comprehensive due diligence on target companies including financial modelling, business strategy, market environment and competitive landscape.
  • Coordinate with various internal product partners to deliver holistic capabilities to clients
  • Collect, validate and consolidate Bank-wide profitability and exposure data related to financial sponsors, including coordination with sponsor coverage team in UK, Canada, Asia and LATAMTrack market conditions and financial news, with a focus on sponsor transactions, and summarizing data in an easy to read format
  • Maintain database of client information, deal flow and financial sponsor activity
  • Maintain an internal log of client pitches, discussions, conversations
  • Update the CRM with relevant information periodically
  • Ensure compliance with regulatory requirements and internal compliance policies
  • Helpdrive the underwriting and approval process for sponsor-backed financings, with responsibility for cash flow modeling (cases with multiple drivers), and credit interactions
  • Perform comprehensive financial statement analysis and creating and maintaining models, with a focus on LBO cash flow modeling
  • Create high-quality pitch books and presentation materials to support client discussions around new business opportunities
  • Assist senior coverage bankers in presenting ideas to internal and external stakeholders
  • Applying product and capital markets knowledge to help clients achieve their financial objectives
  • Actively contribute to a high performance and inclusive work environment

What You’ll Bring 

• 1-2 years’ work experience in Investment Banking, preferably sponsor coverage, leveraged finance, or M&A experience 
• Bachelors or Masters Degree 
• Working experience with financial modelling, pitch book presentations 
• Strong credit, structuring and financial analysis skills 
• Strong written and verbal communication skills 
• Excellent command of Microsoft Suite, with an emphasis on Excel and PowerPoint 
• Excellent command of industry standard market data sources, such as Credit Sights, LCD News, Bloomberg, and other sources 
• A high level of attention to detail 
• A high level of energy and a keen desire to learn new concepts, build a platform, and enhance banking skillset 
• The ability to obtain and maintain required FINRA registration and licensing appropriate to your functions and responsibilities

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

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.