Senior Manager, Financial Institutions – Securitizations, Global Risk Management
Ville : New York City, NY, US, 10281
Catégorie : Business and Financial Operations
Industrie : Financial Services/Banking
Employeur : Scotiabank
Requisition ID: 202378
Salary Range: 117,400.00 - 224,700.00
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.
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
Reporting to the Director, while operating in a team based environment, the Senior Manager is responsible for the maintenance and sound asset growth of a global portfolio of securitizations. The Senior Manager adds value to the overall management of the Bank’s loan portfolios through the timely and accurate adjudication of credits within established underwriting guidelines and policies.
The Senior Manager will be dealing with senior management and banking counterparts in the Bank’s offices globally and will be exposed to significant and varied deal flow.
Given a diverse range of risks in the portfolio and regular interaction with a variety of internal contacts, the Senior Manager benefits from an environment which fosters continuous learning and development and, from an opportunity to make a positive contribution to the Bank as a credit expert.
What You’ll Do
- Liaise and maintain strong working relationship with Global Securitizations personnel in Toronto and New York involved in securitizations structuring.
- Review pertinent external rating agency criteria and perform in depth assessment of program structure and performance of incoming credit applications.
- Ensure all proposed credit exposures are in compliance with the established guidelines and limits, and provide rationale for exceptions.
- Provide recommendations to senior executives and participate in discussions in Senior Credit Committees.
- Prepare authorizations to communicate the terms and conditions of transactions.
- Review documentation governing credit facilities
- Conduct industry analysis and lending guideline policy reviews for submission to senior management, including preparation of board-level reports
- Develop a high degree of knowledge/expertise of securitizations structuring by various asset classes.
- Maintain knowledge of program sponsors and industries, by continuous monitoring of available financial and industry information and discussions with Global Securitizations officers.
- Provide accurate data in a timely manner as requested by the various Bank offices/departments to satisfy regulatory and quarterly/monthly reporting requirements.
- Work on projects and special reviews as assigned by senior management.
What You’ll Bring
- While MBA, CMA, CFA or CA Designation is preferred, equivalent industry/credit analysis experience will be considered.
- Prior Credit Risk or Corporate Banking experience with a preference for experience in securitizations/structured credit.
- Knowledge of credit risk policies, products, processes preferred.
- Understanding of derivative products, deal structuring, due diligence & documentation, legal & accounting principles.
- Ability to make decisions and appropriate recommendations to senior management and effectively support such recommendations.
- Customer centric focus.
- Strong analytical and technical skills with attention to detail. Excellent writing and presentation skills.
- Curiosity, ability to learn, and to apply newly acquired knowledge to daily tasks.
- Strong time management and organizational skills to manage multiple (often shifting) priorities in a fast-paced environment.
- Good negotiation and problem-resolution skills to reach agreements with business line partners.
- Excellent interpersonal, relationship building and communication skills.
Interested?
If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
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.