Associate, Corporate Banking - TMT Structuring & Execution

Scotiabank & Trust • New York, NY

140d • $135,000 - $155,000

About The Position

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Associate, Corporate Banking - Media, Technology & Telecommunications (TMT) Structuring and Execution is responsible for facilitating the structuring of deals within designated industry portfolios according to internal policies and procedures and external/regulatory standards. This role contributes to the overall success of the U.S. Corporate Banking Department, ensuring specific individual goals, plans, and initiatives are executed in support of the team's business strategies and objectives. Given the timeline-driven nature of loan transactions and project work, there may be a significant amount of reporting and project work with tight deadlines.

Requirements

• Bachelor's degree in business/finance/accounting.
• Strong MS Office skills (Excel, Word, PowerPoint).
• Excellent written and verbal communication skills.
• Analytical focus and excellent financial modeling skills.
• Ability to conduct thorough due diligence to facilitate prompt execution of transactions.
• Ability to produce accurate, succinct, and complete credit presentations.
• Strong time management skills and ability to manage multiple deliverables simultaneously.

Nice To Haves

• Experience in Corporate Banking or Investment Banking.
• Familiarity with complex financial models.
• Demonstrated commitment to individual development.

Responsibilities

• Develop strong working relationships with other Corporate and Investment Banking employees, and with operational teams in the U.S. and in Canada.
• Partner with all product groups to successfully execute transactions, annual reviews, and quarterly leverage reviews (QLRs).
• Participate in deal discussions and formulate recommendations for the appropriate course of action based on analysis, internal credit policies/procedures, and the Bank's risk appetite.
• Ensure work product adheres to U.S. Leveraged Lending Policies and Procedures.
• Support Associate Director/Director on all credit-related activities, including the preparation of annual reviews and QLR communications.
• Build financial models based on existing internally developed templates.
• Assist in the review of loan documentation and update internal systems with pertinent transaction/facility details.
• Conduct regular monitoring of credits/client relationships via annual and quarterly reviews.
• Assist with various ad-hoc tasks including conducting industry reviews and validating internal compliance documentation.
• Participate in regulatory and compliance activity and team administration.

Benefits

• Flexible benefit programs designed to support unique family, financial, physical, mental, and social health needs.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree