Title:  Associate, Infrastructure & Project Finance (Execution & Portfolio Management) - Toronto, ON

Requisition ID: 258071 

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

Associate, Infrastructure & Project Finance (Execution & Portfolio Management) - Toronto, ON
 
Global Banking and Markets

Global Banking and Markets (GBM) conducts the Bank’s wholesale banking and capital markets business with corporate, government and institutional investor clients. GBM is a full-service wholesale bank and investment dealer in Canada and Mexico and offers a range of products and services in the U.S., Latin America and in select markets in Europe and Asia-Pacific.

More specifically, GBM provides clients with corporate lending; transaction banking (including payments, trade finance and cash management); investment banking (including corporate finance and mergers & acquisitions); fixed income and equity underwriting, sales, trading and research; prime services (prime brokerage and stock lending); foreign exchange sales and trading; commodity derivatives; and collateral management.

Overview:

The Infrastructure & Project Finance (“IPF”) team is part of Scotiabank Corporate and Investment (“CIB”) Division.  IPF works closely with a wide range of industry coverage and product partners to originate, structure, and execute structured, acquisition, and project financings.  IPF provides sector expertise, strategic advisory, and tailored financial solutions to our clients across developed and emerging markets.  IPF’s primary focus is providing and arranging debt financing (e.g., greenfield and brownfield projects, corporate, acquisition) and debt advisory services for strategic owners and financial sponsors in the infrastructure space, including ports, airports, toll roads, public infrastructure, renewable energy, conventional power, transmission, digital infrastructure, and energy infrastructure across the Americas.

Position Highlights:

Associates in Infrastructure & Project Finance enjoy a stimulating and challenging work environment in which they execute a broad range of transactions across various forms and sources of debt capital.  Associates work on assignments ranging from origination to execution with various industry and product teams at the firm including Real Estate, Telecom, Technology, Debt Capital Markets, Global Loan Syndications, Derivative Products Group, Global Risk Management, and Sustainability Finance.  Associates will work with colleagues in the United States and Canada.  In this role, Associates will gain knowledge and understanding of bank lending, institutional debt capital markets, and derivative markets.

The role will support deal execution, portfolio management and strategic projects. At the early stages of their career, Associates’ responsibilities include due diligence, financial modeling, research, reviewing and providing feedback to legal documentation, supporting internal credit approval processes, collaborating with various industry groups on multiple strategic initiatives and mentoring/supervising Analysts.  A high degree of responsibility is afforded to those demonstrating initiative and the desire to take on such responsibility.   As the individual’s career progresses, Associates take on increased responsibilities on live transactions and strategic projects for internal stakeholders under the guidance of senior team members.  Associates are in contact with senior team members and clients at the earliest possible stage, allowing them to gain experience in managing and cultivating relationships.

A significant amount of effort, diligence and initiative is required to properly execute assignments.  The complexity of clients’ financial requirements coupled with the intense competitiveness of the banking industry necessitates a full commitment to the task at hand.  Standards are very high as most work is presented to senior executives at client firms and supervision is provided only to the extent that it is required.

With a limited hierarchy of professionals and a small project team approach, an Associate has ample opportunity for career growth and development. 
 

What You’ll Do

As part of the Infrastructure & Project Finance team, the Candidate will, individually and as part of a team, execute the following primary responsibilities:

•    Maintain and monitor a portfolio of loans including, as needed, expansions, refinancings, restructurings, exits, etc., based on risk analysis to ensure major issues and inherent risks that are critical to a sound credit decision have been identified and material facts verified
•    Support the due diligence process and preparation of credit presentations and other documentation
•    Support structuring and execution of bank infrastructure financings, including due diligence review
•    Interpret and manipulate project finance models
•    Assist in managing transactions through the internal credit process by consultation, analysis, structuring, and communication with credit, regional, and business line managers
•    Assist in transaction structuring and execution deal efforts with various internal partners, external counsel and other 3rd party consultants , as applicable 
•    Support senior team members in negotiating financial structures, including where appropriate derivatives and transaction documentation with clients
•    Support the partner industry teams and relevant local teams in the preparation of internal credit analysis and comply with internal processes in accordance with the Bank's internal policies and procedures
•    Support the associate director and senior team members  on major project initiatives  

Major Activities Include:
•    Reviewing, analyzing, and commenting on due diligence materials and legal documentation
•    Preparation of credit applications including a description of the transaction, presentation of the main features, especially focusing on risk and mitigant analysis
•    Conducting detailed financial modelling and credit analyses
•    Create  internal strategic presentations
•    Build relationships with clients, internal partners, and industry participants including financial, legal and technical advisors
•    Collect, consolidate, and interpret company, project, and industry data
•    Undertake comparable analysis and make structuring recommendations
•    Perform financial and written analysis of companies and industries
•    Work with various product teams in order to satisfy client’s needs
•    Project and time management
•    Provide ongoing credit monitoring and administrative requirements
•    Confirm data integrity on Scotiabank’s systems (e.g. Salesforce, Credit 360, etc.)
•    Applying industry and product knowledge to support business strategy development

What You’ll Bring 

•    Minimum 2-3 years of work experience in Corporate or Investment Banking, credit rating agency, or related experience - sector experience in infrastructure preferred  
•    Bachelor or Master Degree in Business, Finance, Economics, Math, or Engineering •    Strong quantitative skills focused on financial analysis, accounting, and credit risk
•    Solid understanding of project finance models with Excel and significant experience creating presentations in PowerPoint
•    Ability to manage multiple projects with different intensity levels simultaneously while maintaining a high standard of work
•    Strong initiative and the ability to anticipate deal team needs with individual accountability while working collaboratively in a team-based environment
•    Strong analytical, technical problem solving, time management, and organizational skills with a willingness to work hard and excel under pressure amid demanding deadlines
•    High professional standards including a strong sense of personal integrity with a high level of attention to detail
•    A demonstrated ability to adapt quickly and constructively to new situations and information with a high level of energy, with keen desire to learn new concepts and embrace challenge
•    Critical thinker, with demonstrated ability to take views and make decisions
•    SIE, Series 63 & 79 preferred

Work Arrangement: 

This position is 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. 

#LI-Onsite #GBM 

Interested?

At Scotiabank, you’ll be joining an organization that values inclusion, accountability, innovative thinking and collaboration, a culture where people feel safe to learn, grow, and contribute while delivering exceptional results for our clients. We believe in winning together, as one team, strengthening the collaborative spirit that defines GBM’s client partnerships. We value transparency, shared goals, and purposeful work.  

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.