What are the responsibilities and job description for the Director, U.S. Loan Syndications - New York, NY position at Scotiabank?
Requisition ID: 240855
Salary Range: 260,000.00 - 260,000.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Title: Director, U.S. Loan Syndications - New York, NY
Global Banking and Markets
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!
Overview
This is an exciting opportunity to join a fast-paced, dynamic team as a Director within the U.S. Loan Syndications team. You will be responsible for providing expertise in origination, structuring and distribution of underwritten and arranged syndicated loans for Scotiabank’s corporate and project finance clients.
What You’ll Do
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): United States : New York : New York City
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.
Salary Range: 260,000.00 - 260,000.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Title: Director, U.S. Loan Syndications - New York, NY
Global Banking and Markets
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!
Overview
This is an exciting opportunity to join a fast-paced, dynamic team as a Director within the U.S. Loan Syndications team. You will be responsible for providing expertise in origination, structuring and distribution of underwritten and arranged syndicated loans for Scotiabank’s corporate and project finance clients.
What You’ll Do
- Identify and execute Lead Arranger mandates for current and prospective clients by collaborating with colleagues from Investment Banking and Corporate Banking coverage teams.
- Lead the team’s origination efforts through the preparation of customized pitchbooks, client proposals and general-purpose marketing material.
- Develop optimal financing structure tailored to specific client needs while considering both internal and broader market appetite and conditions.
- Lead deal team on Left Lead and underwritten mandates ensuring seamless execution from origination to closing.
- Oversee the preparation of Confidential Information Memoranda, Lender Presentations and other marketing materials for Lead Arranger transactions.
- Manage all aspects of live deal syndications from investor outreach to assisting with participant lender due diligence items and credit questions.
- Contribute to the Bank’s credit approval process through the preparation of underwriting memoranda that evaluates structure, pricing and other terms as well as market receptivity for new transactions.
- Monitor syndicated loan market trends and maintain ongoing contact with bank and institutional investor market participants.
- Build effective relationships with internal stakeholders, issuers and loan investors.
- Mentor and train junior team members, fostering their professional growth and development.
- Bachelor’s degree from an accredited university in finance, accounting, or related field. MBA/CPA/CFA or other industry designation is a plus.
- 8 - 10 years of experience in Investment Banking, Loan Syndications or Capital Markets-related field.
- Accounting knowledge and experience in credit analysis required.
- Proven ability to successfully win mandates and serve client relationships.
- Deal execution skills, including the ability to manage multiple live transactions and initiatives at once.
- Demonstrated experience negotiating credit documentation.
- Project finance experience is a plus.
- Established network across other loan syndication desks and knowledge of active syndicated loan market participants.
- Considerable initiative, creativity, attention to detail and good judgement are necessary.
- Self-starter and ability to operate in a high energy environment.
- Excellent written and oral communication skills.
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): United States : New York : New York City
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.