Associate, Investment Banking - Real Estate - New York, NY

Scotiabank•New York City, NY

2d•$175,000 - $225,000•Onsite

About The Position

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Position : Investment Banking Associate - Real Estate - 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! Purpose In this role, you will work closely with the Head of U.S. Real Estate Investment banking to manage and grow current client relationships and establish new business opportunities. You will play a key role overseeing both mandated and potential advisory and capital markets transactions and creation of related financial analysis and presentation materials. You will assist with idea development and client coverage efforts, including collaborating with colleagues across the bank to provide comprehensive solutions.

Requirements

Ideal candidate will possess a relevant bachelor’s degree, and have an excellent academic and professional record
A minimum of 5 years of industry experience in Investment banking or Mergers & Acquisitions
SIE and Series 79 & 63 licenses
Strong quantitative skills focused on financial analysis, accounting and financial theory
Strong written and verbal communication skills
The ability to manage multiple projects simultaneously while maintaining a high standard of work
Well-developed organizational skills in order to respond to shifting priorities on multiple projects
Strong presentation skills
A high level of attention to detail
The ability to excel under pressure amid demanding deadlines & to perform effectively in a team environment
A demonstrated ability to quickly adapt to new situations

Nice To Haves

MBA or CFA (preferred)
Experience in real estate is preferred

Responsibilities

Utilize industry experience to conduct critical financial analysis of companies and present findings in a concise and professional manner internally and externally to our clients
Evaluate and analyze the financial needs of corporate clients, including the development of financial models (DCF, LBO, NAV), pro-forma financial statements and comparable company analysis, etc.
Provide key inputs for use in financial modeling.
Oversee analyst and associate models
Execute Equity and Debt Capital Markets opportunities for real estate companies in conjunction with ECM and DCM groups.
Perform required financial analysis and oversee due diligence process.
Participate in drafting prospectuses and marketing presentations for transactions
Act as key execution person for buyside and sell-side M&A pitches and mandates and evaluation of potential client acquisitions.
Advise clients in preparing data and presentations for sell side processes.
Participate in all stages of transaction execution, from the pitch phase through to closing.
Assist the with the generation of M&A ideas / opportunities
Coordinate with key partners across product groups on execution of pitches and mandates, including Corporate Banking, ECM, DCM, FX, Derivatives, etc.
Play a key role in managing junior bankers with responsibility for their development, performance and work product.
Oversees hiring at the junior level for the group.
Develop client relationships, and cultivate new business opportunities including generation and evaluation of M&A opportunities and potential capital markets transactions
Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.