Associate - Structured Credit Sales - New York, NY

ScotiabankNew York, NY
$165,000 - $195,000Onsite

About The Position

Scotia is seeking mid-level CLO/ABS salespeople for its structured credit group. The group will be focusing on both broadly syndicated and middle market CLOs, as well as ABS products as the group grows. This salesperson will help build this business and be responsible for cultivating direct relationships for the bank enabling us to further source and develop opportunities. Well qualified candidates should have a successful track record of placing CLO/ABS bonds with end-investors and experience in developing client relationships. This candidate should be able to focus on both primary and secondary CLO/ABS activity. Preferred candidates would have relationships with accounts who invest in bonds throughout the capital stack. Relationship with CLO managers and ability to attract new issue (refi/reset) mandates is a plus.

Requirements

  • Bachelor's degree (master's degree a plus but not necessary)
  • Minimum of 2 years experience with CLO banking / structuring
  • Effective communication skills are a must.
  • Pragmatic approach to problem solving
  • Client focused mindset - strong interpersonal skills
  • Ability to manage priorities
  • Ability to work under pressure
  • Team plaver
  • Adherence to all controls processes and procedures
  • Series 7

Nice To Haves

  • Relationships with accounts who invest in bonds throughout the capital stack.
  • Relationship with CLO managers and ability to attract new issue (refi/reset) mandates is a plus.

Responsibilities

  • Client marketing and relationship development
  • Working knowledge of transaction structures
  • Client and process management
  • Ongoing client relationship management

Benefits

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