Global Equity Derivatives- Associate Director, Toronto

Scotiabank•Toronto, ON

2d•Onsite

About The Position

Global Equity Derivatives (GED) includes Investor Solutions offering Structured Notes and Equity Derivatives Trading (Options, Swaps and Index Finance). The successful candidate will play an integral role in supporting GED globally, in particular, leveraging their legal and regulatory experience to support the development, drafting, structuring and execution of structured notes transactions as well as the day-to-day operations of Investor Solutions Canada, ensuring that specific transactions, goals, plans and initiatives are executed and delivered in support of GED’s business strategies and objectives. The candidate will also be involved in implementing new initiatives in GED, including adapting the business to legal and regulatory changes and managing legal and regulatory risks impacting GED, particularly in connection with the structured notes business. Given the nature of the role, the successful candidate will work with and build relationships within Global Banking and Markets and in other areas of the Bank through various projects, such as Legal, Compliance, Tax and Group Treasury. GED operates in a fast-paced and demanding environment. The successful candidate should demonstrate strong attention to detail, the ability to work on multiple tasks and projects simultaneously, demonstrate initiative and have excellent organizational skills. The successful candidate will be an exceptional team-player and communicator, with a strong work ethic and relevant experience to the role. The candidate should be able to work collaboratively and independently with the capacity to synthesize information and instructions effectively to action items quickly. The candidate will be based in Toronto and will report to the Managing Director & Head, Structuring and Business Development, Global Equity Derivatives.

Requirements

3+ years of professional experience in law, financial services and/or accounting
Juris Doctor or university degree in business, finance, accounting or a related discipline
Proven proficiency in Microsoft Excel, including the ability to manipulate large data sets
Aptitude in learning how to use software including Contract Express for document automation and internal trading and booking systems

Nice To Haves

Knowledge of capital markets products, securities law and the Bank’s processes and policies is an asset
Competency in a programming language such as VBA or Python considered an asset

Responsibilities

Conduct detailed reviews of equity linked and fixed income, currencies and commodity structured note issuances, guaranteed investment certificates and certain derivatives documentation
Assist in the assessment and implementation of new initiatives within GED, including developing and drafting documentation for new structured note and derivative products, market entry into new regions and operational improvements (e.g. streamlining GED’s operating model and automation)
Collaborate with other members of GED, other bank stakeholders, and internal and external legal and tax counsel in connection with both transactional and non-transactional matters
Keep abreast of legal and regulatory changes in the markets in which GED operates
Participate as a stakeholder in regulatory projects, identify key impacts to GED and coordinate communication and participation for relevant GED team members
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions