Associate, U.S. Corporate REGAL Banking Structuring & Execution
Scotiabank
- New York City, NY
- $135,000-155,000 per year
- Permanent
- Full-time
- Develop strong working relationships with other Corporate and Investment Banking employees, and with operational teams in the U.S. and in Canada to maximize productivity (CAG, WBO, GRM).
- Partner with all product groups to successfully execute transactions, annual reviews and QLR's.
- Facilitate deal discussions as learning opportunities and develop recommendations for the appropriate course of action based on analysis, internal credit policies/procedures, and the Bank's risk appetite.
- Help to ensure the team and work product is adhering to U.S. Leveraged Lending Policies and Procedures.
- Responsibility for the preparation of annual reviews (which includes comprehensive financial statement analysis), QLR communications, amendments, refinancing and new client transactions for the media & telecom industry in line with current Bank credit and documentation policies and procedures.
- Build financial models based on existing internally developed templates, and review financial models developed internally or externally.
- Review loan documentation and update internal systems with pertinent transaction/facility details and conduct regular monitoring of credits/client relationships via annual and quarterly reviews.
- Manages and monitors the designated account activities including annual reviews, waivers, amendments and restructuring of credit facilities.
- Assist with various ad-hoc tasks including conducting industry reviews, validating/providing internal compliance documentation, update internal reports for management.
- Participate in or lead regulatory and compliance activity and team administration.
- Champions a high-performance environment, mentors and coaches junior staff, and contributes to an inclusive work environment.
- Help to coach and develop more junior bankers through active engagement on developing their technical, coverage and leadership skills and providing real-time positive feedback to support development.
- 3-5 years of credit and/or banking experience. Prior Corporate Banking or credit analysis experience at the Associate level is preferred.
- MBA, CFA or CA designation or appropriate financial background/experience.
- Knowledge of all lending and non-lending products and credit processes to facilitate prompt execution of transactions.
- Working knowledge of legal documentation requirements.
- Familiarity with corporate style financing.
- Strong MS Office computer skills: Excel, Word, PowerPoint.
- Excellent written and verbal communication skills.
- Analytical Focus:
- Excellent financial modeling skills and familiarity with complex financial models.
- Conducts thorough due diligence to facilitate prompt execution of transactions that vary in complexity.
- Strong understanding of Bank policies and procedures
- Ensures credit presentations follow Bank standards and are accurate, succinct, concise and complete.
- Ensures all Bank guidelines are met as it relates to administration of the portfolio of accounts.
- Teamwork:
- Flexible to demands of work and viewed as a valuable team resource.
- Promotes cooperation, teamwork, and professional internal and external relationships.
- Demonstrates a strong personal commitment to individual development.
- Results Focused:
- Strong time management skills and driven to achieve timelines and goals.
- Ability to learn new concepts, processes and expand knowledge base.
- Multi-tasking is essential, specifically the ability to manage multiple deliverables simultaneously with competing deadlines while maintaining a high standard of work.
- Follows internal compliance practices and always acts ethically.
- Exhibits self-motivation and pushes self to achieve greater results