What You’ll Do
Champion a client centric focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge to deliver solutions that Scotiabank can provide within the Non-Investment Grade Finance product suite, including high yield bonds and leveraged loans.
Role will also include relationship management and cross collaboration such as : Coordinating with other groups within GBM, such as banking coverage (both financial sponsor and industry coverage), credit / risk, underwriting / execution, and sales & trading Developing and maintaining effective industry relationships with legal counsel, external parties, clients (in collaboration with senior coverage officers)
- The day-to-day responsibilities include the following : Evaluating and analyzing the debt financing needs of corporate and sponsor-backed clients Tracking market conditions, with a focus on the leveraged credit markets, and summarizing conditions in client-friendly materials Evaluating peer capital structures and financings executed in market to identify opportunities with Scotiabank clients Driving the underwriting and approval process for both corporate and sponsor-backed financings, with responsibility for transaction overviews, summarizing financing terms, cash flow modeling (cases with multiple drivers), evaluating syndication prospects, Participate in due diligence sessions to evaluate credit risk of proposed transactions, identifying key credit risks / mitigants and evaluating customary quality of earnings reports Supporting transaction structuring and execution efforts, with increasing levels of responsibility and accountability over time Support the review of financing documents, including commitment letters, fee letters, engagement letters, credit agreements and offering memoranda Performing comprehensive financial statement analysis and creating and maintaining models, with a focus on LBO cash flow modeling Create high-quality presentation materials to support client discussions around new business opportunities Collecting, consolidating, and interpreting company and industry data Applying product and capital markets knowledge to help clients achieve their financial objectives
- Actively contribute to a high performance and inclusive work environment
What You’ll Bring
- 0-2 years’ work experience in Leveraged Finance, preferably with lead-left execution and underwriting experience across both corporate and sponsor-backed issuers
- Bachelors or Masters Degree in Business, Finance, Math, Engineering, Economics, Science or Technology
- Working experience with commitment letters, fee letters, engagement letters, credit agreements and offering memoranda
- Strong written and verbal communication skills
- Excellent command of Microsoft Suite, with an emphasis on Excel and PowerPoint
- Excellent command of industry standard market data sources, such as Credit Sights, LCD News, Bloomberg, and other sources
- A high level of attention to detail
- A high level of energy and a keen desire to learn new concepts, build a platform, and enhance banking skillset
- Obtain and maintain required FINRA registration and licensing appropriate to your functions and responsibilities
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.