Associate, Corporate Banking, Chemicals
Scotiabank
Requisition ID: 209572
Salary Range: 135,000.00 - 155,000.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Title: Associate, Corporate Banking, Chemicals - 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!
Overview:
Scotiabank is building on its existing presence in the chemical industry that includes companies producing petrochemicals, specialty chemicals, paints, adhesives, industrial gases and agricultural chemicals. Chemicals is part of the broader Consumer, Industrial and Retail Group (CIR) in New York.
What You'll Do:
As an Associate, you will play an important role in contributing to the overall success of the Global Corporate & Investment Banking Chemical team. You will be a valued member of a cohesive team that executes / delivers on individual and team goals, plans, and initiatives in support of the overall team’s business strategies and objectives. Responsibilities and activities will include:
• Executing a range of corporate finance related tasks including: financial analysis, building and analyzing advanced financial models (including standalone, DCF, and LBO models) industry research, due diligence, etc.;
• Creating marketing materials and presentations;
• Maintaining / designing Excel spreadsheets and PowerPoint slides relating to corporate finance, strategic investments and industry related trends for comparative analysis and presentations;
• Interacting with other departments of the firm such as Debt Capital Markets, Leveraged Finance, Equity Capital Markets, Derivatives, FX and Trade Finance to market the firm’s capabilities and deliver client solutions;
• Supporting transaction structuring and execution efforts, with increasing levels of responsibility and accountability over time ;
• Analyzing lending opportunities, preparing credit presentations and recommendations for internal approval; liaising directly with Global Risk Management;
• Ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct;
• Be part of a high-performance environment that fosters an inclusive work environment; communicating vision/values/business strategy and managing succession and development planning for the team;
What You'll Bring:
- Undergraduate or Graduate Degree in Business, Science, Engineering, Economics or Mathematics discipline
- 2-3 years as an investment or corporate banking analyst or at least 1 year as an associate
- Strong work ethic, attention to detail and positive ‘can-do’ attitude
- Knowledge in the financial markets and business
- Interpersonal skills and ability to work in a collaborative environment
- Strong communication skills; ability to distill key messaging, themes, and concepts from large amounts of information for different levels of audiences across the organization
- Ability to adapt to oncoming challenges presented by a constantly changing work environment
- Prioritize amongst many competing deliverables at any given time
- An aptitude to perform activities using influence through developing deep relationships with stakeholders across business and functional groups
- A strong culture, risk, and controls mindset
- Team player that is responsive, holds themselves to high standards, and is of the highest integrity
- Self-motivated, eager to learn, takes initiative, and is able to operate with minimal supervision
- Strong facility with numbers and computer skills with excellent knowledge of Excel, PowerPoint and Word
- Analytical mind with the curiosity to dig deeper
While prior experience in the chemical industry is valued, it is not a prerequisite
Interested?
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.
What's in it for you?
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.
Location(s): United States : New York : New York City
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.