Analyst, Global Securitization, Global Banking and Markets - Toronto

Scotiabank • Toronto, ON

1d • Onsite

About The Position

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!

Requirements

• Demonstrates sound knowledge of securitization fundamentals, with experience in auto and mortgage related securitization preferred.
• Degree in Business or related field. MBA/CPA/CFA or other industry designation is helpful.
• Banking experience in a Corporate/Commercial lending or related environment.
• Requires computer (Word, Excel, PowerPoint, Python) proficiencies as well as excellent written and oral communication skills.
• Experience in credit analysis and familiarity with legal document review required
• A high level of commitment and a strong sense of teamwork are needed to succeed in the role.

Responsibilities

• Champions a customer focused culture to expand and deepen client relationships and leverage broader Bank relationships, systems and knowledge
• Supports senior team members on term ABS lead role engagements by working with issues and deal counsels. Rating agencies 3rd party service providers ABS Syndicate and sales teams to executive transactions
• Manage the lifecycle of securitization financing transition including participation in organisational meeting drafting of credit application analysis of collateral performance data, revieing of critical transitions document and coordination with internal and external partners.
• Coordinates a variety of activates with the mid office and back office including the closing of new and existing transaction tracking of expirations and providing updates or changes to the terms of funding for deals as required.
• Assists in negotiating terms and documenta with borrowers, rating agencies, legal counsel and other bank culminating in the closing or transitions
• Works on maintaining the existing portfolio of drafting annual reviews and handing customers requests for waivers amendment and restructuring of credit facilities as well as coordinating eh requisite review by risk management
• Attends due diligence meeting and client market meetings
• Reviews mostly servicer reports and monitors asset performant trends on exiting transaction
• Understand how the banks risk appetite and risk culture should be considered tin day to day activates and decisions.
• Actively pursues effective and efficient operations of their respective areas while ensuring adequacy adherence to and effusiveness of day to day business controls to meeting obligations with respect to operations risk, regulatory compliance risk. AML/ATF risk and conduct risk including but not limited to responsibilities under the Operation Risk Management Framework, Regulatory Compliance Risk Management Framework AML.ATF Global Handbook and the guidelines for Business Conduct
• Be an actively to advocate for Diversity, Equity and Inclusion. Strengthen a culture of centred around inclusion and creating of sense of belonging for all employees

Benefits

• Employee Referral Program – Potential Reward: $1,000.00
• flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level