Associate, Securities Borrowing and Lending

Scotiabank & Trust • New York, NY

6d

About The Position

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
 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! 
Role Overview:
We are looking for a motivated and detail-oriented Associate to join our Prime Services team in a role focused on US Securities Lending.  This position offers a unique opportunity to gain hands-on experience in securities finance while contributing to the evolution of our product offerings and platform capabilities.

Requirements

• 2-4 years of experience in securities lending, equity finance, prime brokerage, or related financial services.
• Strong analytical and problem-solving skills; familiarity with market data and financial modeling.
• Excellent communication and organizational skills; ability to manage multiple priorities.
• Proficiency in Excel and Python
• Bachelor's degree in Finance, Economics, Business, or a related field.

Responsibilities

• Support daily equity lending and borrowing operations, including trade booking, inventory management, and locate processing.
• Assist in analyzing lending activity, utilization rates, and client demand to identify optimization opportunities.
• Collaborate with trading, operations, and risk teams to ensure accurate and timely execution.
• Participate in the design and rollout of new tools, reports, and platform enhancements for the securities lending business.
• Work with technology and business teams to gather requirements, test functionality, and support implementation.
• Conduct market research and competitor analysis to inform product strategy and identify gaps.
• Assist in creating dashboards, data visualizations, and performance metrics to improve transparency and decision-making.
• Support cross-functional initiatives aimed at automation, scalability, and client experience improvements.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees