Associate, US Fund Finance

Scotiabank•New York, NY

1d•$165,000 - $195,000•Onsite

About The Position

Scotia is seeking an Associate for its US Fund Finance desk. The group will be focusing on various fund finance opportunities. This banker will help build this business and be responsible for cultivating direct relationships for the bank and enabling us to further source and develop opportunities.

Requirements

Bachelor's degree
Minimum 2+ years of fund finance experience .
Client focused mindset with strong interpersonal skills. Well qualified candidates should have a successful track record of working on fund finance transactions.
Strong communication and relationship management skills are a must along with effective written communication abilities.
Ability to manage priorities and work under pressure to meet deadlines in a well-organized and detail-oriented manner with a pragmatic approach to problem solving through strong quantitative skills.
Creative, and strategic thinker with a client-focused mindset who can identify and analyze potential opportunities in an everchanging market environment.
Team player with the ability to manage priorities and work under pressure to meet deadlines while collaborating within a team and across organizational boundaries.
Adherence to all controls processes and procedures
Strong Word, Excel, PowerPoint
Series 7, 79 and 63

Responsibilities

Structure and execute new fund finance transactions for private capital funds with a broad range of product offerings, including but not limited to subscription finance facilities, hybrid/NAV facilities, back-leverage facilities, BDC revolvers, and other esoteric structures.
Structure, analyze, and perform due diligence to facilitate prompt execution of fund finance transactions that vary in complexity.
Develop recommendations for the appropriate course of action based on analysis, internal credit policies/procedures and the Bank’s risk appetite.
Review loan documentation and update internal system with pertinent transaction details and conduct regular monitoring of credits via annual reviews
Provide day-to-day account management support and ensure client files, agreements and security documents, as well as funding are complete and up to date.
Regularly working with risk management teams, internal/external counsel, , loan operation teams to ensure successful transaction execution.
Lead client onboarding process.
Expand on sector/industry and Bank product knowledge to identify trends and cross-selling opportunities within the sector.
Actively contribute to a high performance and inclusive work environment