Title:  Analyst, Global Securitization, Global Banking and Markets - Toronto

Requisition ID: 264628
Employee Referral Program – Potential Reward: $1,000.00  

We are committed to investing in our employees and helping you continue your career at Scotiabank.

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 Global Securitization team in Canada, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives.  Ensures all activities conducted follow governing regulations, internal policies, and procedures

What You'll Do:

• Champions a customer focused culture to expand and deepen client relationships and leverage broader Bank relationships, systems and knowledge
• Supports senior team members on term ABS lead role engagements by working with issues and deal counsels. Rating agencies 3rd party service providers ABS Syndicate and sales teams to executive transactions
• Manage the lifecycle of securitization financing transition including participation in organisational meeting drafting of credit application analysis of collateral performance data, revieing of critical transitions document and coordination with internal and external partners.
• Coordinates a variety of activates with the mid office and back office including the closing of new and existing transaction tracking of expirations and providing updates or changes to the terms of funding for deals as required.
• Assists in negotiating terms and documenta with borrowers, rating agencies, legal counsel and other bank culminating in the closing or transitions
• Works on maintaining the existing portfolio of drafting annual reviews and handing customers requests for waivers amendment and restructuring of credit facilities as well as coordinating eh requisite review by risk management
• Attends due diligence meeting and client market meetings
• Reviews mostly servicer reports and monitors asset performant trends on exiting transaction
• Understand how the banks risk appetite and risk culture should be considered tin day to day actives and decisions.
• Actively pursues effective and efficient operations of their respective areas while ensuring adequacy adherence to and effusiveness of day to day business controls to meeting obligations with respect to operations risk, regulatory compliance risk. AML/ATF risk and conduct risk including but not limited to responsibilities under the Operation Risk Management Framework, Regulatory Compliance Risk Management Framework AML.ATF Global Handbook and the guidelines for Business Conduct
• Be an actively to advocate for Diversity, Equity and Inclusion. Strengthen a culture of centred around inclusion and creating of sense of belonging for all employees 

What You'll Bring:

• Demonstrates sound knowledge of securitization fundamentals, with experience in auto and mortgage related securitization preferred.
• Degree in Business or related field. MBA/CPA/CFA or other industry designation is helpful.
• Banking experience in a Corporate/Commercial lending or related environment.
• Requires computer (Word, Excel, PowerPoint, Python) proficiencies as well as excellent written and oral communication skills.
• Experience in credit analysis and familiarity with legal document review required
• A high level of commitment and a strong sense of teamwork are needed to succeed in the role.

Work Arrangement:
This position is currently an onsite role, with the expectation that you will work 5 days a week in the office. Please note that this is subject to change based on the needs of the business.

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):  Canada : Ontario : Toronto 

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.