Associate, US Fund Finance

Requisition ID: 273957

Salary Range:165000.00-195000.00

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 candidates relevant knowledge skills and experience.

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

Associate US Fund Finance

Global Banking and Markets
Global Banking and Markets (GBM) is a leading Capital Markets and Investment Banking platform with a competitive presence across the Americas operating globally over 100 years. Scotiabanks strong US 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 including transaction banking and trade finance solutions.

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 to every future!

Purpose:
Scotia is seeking an Associate for its US Fund Finance desk. The group will be focusing on various fund finance opportunities. This banker will help build this business and be responsible for cultivating direct relationships for the bank and enabling us to further source and develop opportunities.

What Youll Do:

• Structure and execute new fund finance transactions for private capital funds with a broad range of product offerings including but not limited to subscription finance facilities hybrid/NAV facilities back-leverage facilities BDC revolvers and other esoteric structures.
• Structure analyze and perform due diligence to facilitate prompt execution of fund finance transactions that vary in complexity.
• Develop recommendations for the appropriate course of action based on analysis internal credit policies/procedures and the Banks risk appetite.
• Review loan documentation and update internal system with pertinent transaction details and conduct regular monitoring of credits via annual reviews
• Provide day-to-day account management support and ensure client files agreements and security documents as well as funding are complete and up to date.
• Regularly working with risk management teams internal/external counsel loan operation teams to ensure successful transaction execution.
• Lead client onboarding process.
• Expand on sector/industry and Bank product knowledge to identify trends and cross-selling opportunities within the sector.
• Actively contribute to a high performance and inclusive work environment

What Youll Bring:

• Bachelors degree
• Minimum 2 years of fund finance experience .
• Client focused mindset with strong interpersonal skills. Well qualified candidates should have a successful track record of working on fund finance transactions.
• Strong communication and relationship management skills are a must along with effective written communication abilities.
• Ability to manage priorities and work under pressure to meet deadlines in a well-organized and detail-oriented manner with a pragmatic approach to problem solving through strong quantitative skills.
• Creative and strategic thinker with a client-focused mindset who can identify and analyze potential opportunities in an everchanging market environment.
• Team player with the ability to manage priorities and work under pressure to meet deadlines while collaborating within a team and across organizational boundaries.
• Adherence to all controls processes and procedures
• Strong Word Excel PowerPoint
• Series 7 79 and 63

Interested
At Scotiabank every employee is empowered to reach their fullest potential respected for who they are and embraced for their differences. Thats why we work to grow and diversify talent and engage employees in a performance-oriented culture.

Whats 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.

Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race color religion sex sexual orientation gender identity national origin disability veteran status or any other characteristic protected by federal state or local law.