Associate Director

Requisition ID: 245203 Salary Range: 225,000.00 - 225,000.00 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 Director, Prime Services Hedge Fund Coverage – 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! Purpose To cover Prime Services clients for Securities Lending on the Demand side and for their Synthetic PB trading. Contribute to the overall success of the Prime Services Team globally, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensure all activities conducted are in compliance with governing regulations, internal policies and procedures. What You’ll Do Cover clients on the Securities Lending Demand side, providing locates and managing client loan fees. Produce meaningful commentary on borrow color. Execute client swap trades and associated Scotia hedges for US Synthetic Prime Services trading. Develop and deepen meaningful relationships with clients. Minimize and strive to eliminate all operational risks associated with managing client activity. Work well under time sensitive pressure while ensuring accuracy in all daily work. Work closely with internal teams such as Securities Lending Supply, Client Services, Middle Office, Sales, etc to ensure clients are receiving the best possible service and all issues are handled quickly and accurately. Provide assistance and coverage for other teams within Prime Services, including Securities Borrowing and Lending and Synthetic Financing. Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge. Understand how the Bank’s risk appetite and risk culture should be considered in day‑to‑day activities and decisions. Actively pursue effective and efficient operations of his respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day‑to‑day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk. Champion a high‑performance environment and contributes to an inclusive work environment. What You’ll Bring Strong technical, communication and project management skills Undergraduate degree SIE, Series 7, Series 63, Series 57 to be completed after hiring 5-10 years of relevant experience 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 #J-18808-Ljbffr