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Title:  Associate Director, Leveraged Finance - Toronto, ON

 

 

 

Requisition ID: 69393

 

Join the Global Community of Scotiabankers to help customers become better off.

 

Purpose

 

The successful applicant is an experienced investment/financial professional broadly responsible for supporting the Leveraged Finance Team’s mandate/objective of sourcing, analyzing, negotiating, closing, managing and successfully exiting subordinated/mezzanine debt transactions.

 

The role will require a dual focus of business development and underwriting. As a result, the successful applicant will be expected to cultivate a business community profile by attending various functions and maintaining a professional presence with contacts and key business referrals sources, in addition to participating in underwriting new transactions and regular portfolio management (credit analysis, completion of due diligence, financial modeling, negotiation of legal agreements, etc).

 

As the role requires cross-functional collaboration, preference will be given to those candidates that feature strong communication skills, creativity / out-of-the-box thinking, an ability to perform independently with limited oversight, and a commitment to “winning” as a team.

 

Based in Toronto, with a corresponding regional mandate, the successful candidate will be periodically required to travel for purposes of business development, underwriting new transactions, or monitoring existing investments.

 

Accountabilities 

 

All of the below responsibilities will be in conjunction with or as guided by the Director & Lead, Leveraged Finance Team.

 

1. Establish, build, and maintain a network of internal and external contacts, resulting in new business opportunities.

  • Establish and build a network of new business sources by connecting with private equity sponsors, M&A advisors, internal partners (Scotiabank, etc), industry & professional associations, and other centres-of-influence.
  • Maintain an active calling program on these sources.
  • Actively participate in various other forms of business development, as appropriate.

 

2. Assess opportunities, structure and pitch solutions, negotiate terms, and close transactions with new clients/customers.

  • Complete meetings with new clients/prospects.
  • Rapidly assess opportunities through reviewing relevant information and completing a preliminary financial model.
  • Structure creative financing solutions within the confines of Roynat’s deal appetite and parameters.
  • Pitch the solution to the new client/prospect, including negotiation of pricing, terms and conditions as appropriate.
  • Consistently move prospects through the pipeline from early stage through to funded/closed.

 

3. Analyze and underwrite new transactions, including the completion of various confirmatory due diligence.

  • Create a robust financial model including down-cases and sensitivity testing, with appropriate investigations into key variables or risk factors.
  • Complete credit analysis on new transactions, and document the same by way of a credit summary.
  • Complete comprehensive due diligence (both quantitative and qualitative) including the review of legal documentation, employment contracts, and customer/supplier agreements, analysis of industry and economic factors, and assessments of management and key advisors.

 

4. Review, maintain, and monitor a portfolio of investments.

  • Maintain direct contact with existing portfolio clients with respect to financial and qualitative performance.
  • Provide regular and timely investment reviews to Risk Management and other groups as appropriate.
  • Amend the existing structure, covenants, terms, conditions, or other items as required.
  • Generally, monitor and maintain the quality of the investment portfolio, and manage the eventual successful exit of the same.

 

Additional Experience 

 

The successful candidate will be a qualified professional with >5 years of experience in commercial or merchant banking, private equity, M&A advisory, accounting or law. The personality and communication skill set required to actively contribute as part of a small team is also considered a necessary requirement.

An undergraduate degree is a requirement. Preference will be given to those individuals possessing professional accreditation (CPA, CFA, etc) and/or a graduate degree.

 

Location(s):  Canada : Ontario : Toronto 

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. 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.


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