Director, Legal Counsel, GBM Legal, Corporate Banking
City : New York City, NY, US, 10281
Category : Legal
Industry : Finance
Employer : Scotiabank
Requisition ID: 166923
Cost Centre: NEW YORK AGENCY GENERAL
Employee Referral Program – Potential Reward: $0.00
Salary Range: 168,000.00 - 275,000.00
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.
We are committed to investing in our employees and helping you continue your career at Scotiabank.
Contributes to the overall success of the Legal Department in the United States by providing legal support on a broad range of matters across multiple businesses and operations of the Bank’s U.S. Global Banking & Markets (“GBM”) business, with a primary focus on corporate banking, global business payments and M&A.
- Draft, negotiate and advise on a wide range of corporate banking agreements such as guaranties, reimbursement agreements, letter of credit facilities and non-disclosure agreements.
- Review and advise on mergers and acquisition engagement letters and other transaction documents.
- Partner with the GBM business to build robust processes for managing legal risk.
- Provide legal assistance in helping the bank roll out key strategic projects.
- Operate in a fast-paced, demanding environment and pivot quickly to meet leadership’s needs.
- Recognize priority initiatives and effectively manage clients, scaling the legal advice and providing the right level of guidance for the request at hand.
- Ensure product compliance with applicable U.S. and international laws and regulations, in close collaboration with colleagues in U.S. Legal and Compliance departments.
- Analyze legal and regulatory issues in area of practice and provide effective advice to clients on complex legal matters.
- Respond promptly to deal-related issues, including legal and reputational risk questions.
- Identify and manage relevant banking and securities regulations.
- Advise on legal risks of existing and new business activities.
- Liaise with the internal businesses and operational personnel (i.e., credit, compliance, operations, treasury, tax, etc.).
- Maintain efficient and effective relationships with outside counsel.
- Manage legal costs and invoices.
- Ensure compliance, operational risk controls following Scotiabank’s or regulatory standards and policies, including but not limited to upholding Scotiabank’s code of ethics and business conduct.
- Conduct legal research as necessary to support the needs and activities of the U.S. Legal Department.
- Develop competency in unfamiliar practice areas as necessary.
- Promote an environment that supports diversity, inclusion and reflects Scotiabank’s brand.
- Perform other duties as assigned from time to time.
- Ability to work independently and thrive in an agile team-oriented environment.
- Competence in working with market-standard documentation for related products.
- Confidence and expertise to make timely decisions.
- Time management and deal prioritization skills.
- Strong interpersonal, communication and client management skills with ability to sustain effective relationships with peers, staff and clients.
- Flexibility and eagerness to learn new areas of law.
- Sophisticated drafting and negotiating experience.
- Ability to provide practical advice and legal assessment to internal clients.
- Sound judgment and business acumen.
- Keen self-awareness.
- Commitment to high integrity, ethics and professionalism consistent with institutional values.
- Professional, polished and confident demeanor.
- Ability to understand, interpret and simplify legal terminology and regulations.
- Demonstrated sound judgment skills in order to balance and deal with multiple issues and priorities.
- Be comfortable with areas where there is no clear answer. In this respect, the incumbent must have superior problem-solving skills to present a reasoned, defensible response.
- Should be able to work with a large volume of enquiries and be able to prioritize issues.
- Should be self-motivated and work with minimal direction.
- Should be able to identify issues that require escalation and to manage the escalation process.
Education / Experience
- U.S. Licensed Attorney
- Experience in corporate banking and/or mergers and acquisitions.
- Minimum of 7 years of legal experience working on banking matters at a major investment bank and/or large law firm.
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.
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