Title:  Analyst, Technology and Innovation Banking, Toronto

Requisition ID: 258120

Roynat Capital, a wholly owned subsidiary of Scotiabank, is a national lender and investor with expertise in providing innovative long-term capital solutions for mid-sized companies utilizing senior term, subordinated debt, as well as mezzanine capital and common share equity. We provide tailored solutions to clients for acquisitions, business expansions, wealth monetization, and working capital enhancement. With a national presence in Canada in major markets, Roynat assists growth-oriented companies in reaching their goals across a wide range of industries.

The Technology and Innovation Banking team at Roynat Capital supports fast growing Canadian technology companies with all their banking needs; from seed to exit. With lived industry experience in the Canadian technology ecosystem, our dedicated team provides comprehensive banking services, specifically tailored for this industry’s needs. We are deeply focused on helping founders and investors scale and succeed.

Purpose:

The Origination and Client Management group manages the end-to-end process of structuring, diligence and underwriting for new and existing technology client opportunities. The team maintains a high level of engagement with key stakeholders in the technology ecosystem; building relationships and developing insights. The Analyst is responsible for contributing to the profitable growth and quality of the team’s portfolio by performing a multitude of tasks including due diligence, risk analysis, and presentation on complex deals in concert with the coverage team as well as ongoing portfolio monitoring and control.

The Analyst interfaces directly with clients at times, in partnership with the coverage team. 

Accountabilities:

Contributes to the profitable development of the Technology and Innovation Banking business by:

• Supporting the Senior Associates, Associate Directors and Directors with the structuring, underwriting, and closing of credit products for the assigned prospects and clients;
• Providing prompt and sound recommendations in the analysis and adjudication of credit proposals;
• Liaising with the Business Service Centre for fulfilment (including documentation, liaison with 3rd parties, security registration) and all service activities.

Ensures the accurate communication of the terms and conditions of an authorization and supervises the effective and timely implementation to enable the disbursement of funds.

Ensure the ongoing quality of the assigned credit portfolio through control and administration of the specific conditions and reporting requirements as specified in individual authorizations are adhered to by:

• Advising senior management of any credit weaknesses developing within individual accounts, by ongoing awareness and analysis of relevant financial, legal, political, technological, and industry information; and
• Adhere to any regulatory and internal Bank policies and requirements.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Champions a high performance environment and contributes to an inclusive work environment.

Reporting Relationships:   reports to the Director, Technology and Innovation Banking

Dimensions:

• Passion for working with entrepreneurs and investors in the innovation ecosystem;          
• Knowledge and understanding of the Technology and Innovation industry segments, the Technology and Innovation business banking marketplace in Canada, and knowledge of the assigned market area’s key prospects, major companies, venture capital firms, and competitive positioning considered an asset;
• Knowledge of credit analysis, with familiarity with the capital structure of venture and non-venture backed technology companies;
• Strong understanding of portfolio management practices including expertise in evaluating risk and managing changing situations;
• Team player with strong written and verbal communication skills;
• Comfort with ambiguity and the ability to effectively manage competing priorities to meet deadlines in a fast-paced environment. 

Education / Experience:

Bachelor’s degree with one or more years of financial services or related work experience.

Working Conditions:

Work in a standard office-based environment; non-standard hours are a common occurrence as customer demands are constant and unpredictable. Limited travel domestically.

Location(s): Canada : Ontario : Toronto

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. Candidates selected for an interview will be contacted directly. If you require accommodation during the recruitment and selection process, please let us know. We will work with you to provide as seamless a recruitment experience as possible.