Associate, REGAL Corporate Banking

Scotiabank•New York, NY

1d•$145,000 - $165,000•Onsite

About The Position

Join a purpose-driven winning team, committed to results, in an inclusive and high-performing culture. Associate, Real Estate, Gaming and Leisure (REGAL) Corporate Banking - New York, NY. Global Banking and Markets (GBM) is a leading Capital Markets and Investment Banking platform with a competitive presence across the Americas, operating globally for over 100 years. Scotiabank’s 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: Real Estate, Gaming and Leisure (REGAL) is a core platform and premier banking team at Scotiabank with high visibility and deal velocity. Scotiabank’s U.S. REGAL group has a dedicated team that works in close partnership across many product groups supporting our clients globally. Our experienced professionals partner with many of the industry’s most sophisticated owners, operators, and developers across all sectors including multifamily, industrial, hospitality, retail, self-storage, office and specialty asset sectors.

Requirements

Undergraduate or graduate degree in Business, Finance, Accounting, or equivalent
2–3 years of investment banking, corporate banking or credit experience
Strong work ethic, attention to detail and positive ‘can-do’ attitude
Knowledge in the financial markets and business fundamentals
Interpersonal skills and ability to work in a collaborative environment
Strong communication skills, with the ability to distill complex information for senior and cross-functional audiences
Ability to adapt in a fast-paced, evolving environment
Ability to prioritize competing deliverables under tight timelines
Ability to influence through strong relationships across business and functional groups
A strong culture, risk, and controls mindset
Responsive team player with high standards and integrity
Self-motivated, proactive and able to operate with limited supervision
Strong quantitative, Excel, PowerPoint and Word skills
Analytical mindset and intellectual curiosity

Responsibilities

Championing a client-centric culture focused on deepening relationships, leveraging broader Bank capabilities and delivering solutions across Scotiabank’s global footprint.
Supporting client relationship management and the full transaction lifecycle, from client planning and origination through underwriting, approval, execution, documentation and portfolio monitoring.
Preparing financial models, profitability analyses, diligence materials, credit memos, executive materials and client presentations, with a focus on credit risks, mitigants, repayment sources and approval requirements.
Conducting company, sector and transaction analysis across real estate, gaming and leisure clients, with a focus on credit quality, liquidity, leverage, debt capacity, asset-level fundamentals and market trends.
Supporting bilateral and syndicated loan execution, including workstream coordination, internal and external counsel engagement, documentation and closing.
Partnering with product groups, including Structured Finance, Derivatives, FX, Commodities, Global Transaction Banking, Debt Capital Markets and Equity Capital Markets, to identify and deliver integrated financing, risk management and treasury solutions.
Monitoring client relationships and portfolio exposures, including performance, covenants, annual reviews, renewals, amendments, waivers, refinancing opportunities and market trends.
Maintaining strong controls and ensure compliance with operational risk, regulatory, AML/ATF, conduct risk and internal policy requirements.