Director, Senior Legal Counsel - Structured Notes

Director, Senior Legal Counsel – Structured Notes

Requisition ID: 262417

Salary Range: 185,400.00-310,600.00

Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

Purpose

Contributes to the overall success of the U.S. Legal Department in a wide range of regulatory matters within the Global Banking and Markets division, with a primary focus on the Bank’s Structured Notes program.

Responsibilities

• Provides Legal Support to the Bank’s structured notes program for instruments issued via SEC registration, Rule 144A and/or Regulation S or other applicable exemptions from registration, and linked to various asset classes such as equities, rates, commodities, currencies, indices or baskets of the foregoing.
• Advises on U.S. securities laws and FINRA requirements related to marketing and issuing of structured products as well as various matters related to the hedging of structured notes issuances.
• Manages legal aspects of structured products transactions, including reviewing prospectuses/offering memoranda, other marketing materials, external counsel opinions and deal documentation and participating in presentations of new products to relevant internal committees.
• Acts as the Legal Department’s liaison with other corporate functions supporting all products and initiatives related to the Bank’s Structured Notes program.
• Coordinates closely with Head Office Legal department colleagues to help ensure consistency, where appropriate, with Scotiabank’s structured notes program in other jurisdictions and assist with maintenance of U.S. registered shelf.
• Reviews and negotiates underwriter and dealer agreements, accession letters, licenses and other related agreements, as well as drafts and maintains template agreements for the same for the Bank’s Structured Notes program.
• Monitors legal and regulatory developments, evaluates impact on all affected business areas, and coordinates and discusses as necessary with internal stakeholders.
• Serves as Legal stakeholder on working groups, managing projects and engaging with the firm’s advocacy efforts relating to regulatory issues and regulatory change.
• Advises internal stakeholders across the front office and other corporate functions in developing and implementing key strategic projects and new initiatives.
• Analyzes legal and regulatory issues and provides timely and well-researched work product on legal matters affecting the Bank’s Structured Notes program.
• Supports Scotiabank’s participation in various trade associations or other public forums and assists in drafting comment letters in response to proposed regulations affecting relevant areas.
• Contributes to efficient and effective relationships with outside counsel and manages legal costs and invoices.
• Understands how Scotiabank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Demonstrates a proactive approach to developing competency in unfamiliar practice areas.
• Pursues effective adherence to Scotiabank’s Values and its Code of Conduct, while ensuring the adequacy, adherence to, and effectiveness of business controls to meet obligations with respect to operational, compliance, sanctions and anti‑money laundering (AML), and conduct risk.
• Performs other duties as assigned from time to time.

Qualifications

• J.D. and licensed attorney in good standing admitted or otherwise authorized to practice law in the state of New York [or in the state of Texas]. Position to be based [either] in New York, New York, [Houston, Texas, or Dallas, Texas] on a hybrid schedule.
• 7+ years of legal experience with a law firm or financial institution covering structured notes issuances.
• Comprehensive understanding of United States federal securities laws relevant to the foregoing.
• Strong interpersonal, analytical, influencing and communication skills.
• Excellent judgement, writing skills, and presence.
• Self‑starter, effective under pressure, proactive and flexible.
• Able to preserve confidentiality and exercise discretion.

Benefits

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

United States : New York : New York City

Equal Opportunity Employer

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.

Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.