Associate Director, Legal Counsel, Legal and Corporate Affairs

Title:

Associate Director, Legal Counsel, Legal and Corporate Affairs

Requisition : 206757

Salary Range: -

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!

Contributes to the overall success of the U.S. Legal Department by providing day-to-day 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 Prime Services.

• Provide day-to-day legal advice and support to Scotiabank’s Prime Services and Collateral Management & Funding businesses, advising the front office and other internal stakeholders on legal and regulatory matters related to the business.
• Independently draft and/or assist the documentation team with the review and negotiation of a wide range of agreements, including ISDA Agreements, total return swaps, interdealer/funding conduit agreements, custody agreements, and other transaction documents, including equity derivative documentation.
• Assist in updating or creating standard templates, as required.
• Monitor and maintain an awareness of the regulatory environment for emerging legislation and policy statements, along with relevant trends and industry best practices applicable to Scotiabank’s combined U.S. operations and advise internal stakeholders on the same.
• Partner with internal stakeholders to build robust processes for managing legal and regulatory risk.
• Contribute to a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Advise internal stakeholders, including the front office and other corporate functions, in rolling out key strategic projects and new business initiatives.
• Analyze legal and regulatory issues in area of practice and provide timely and well-researched work product to clients on complex legal matters.
• Contribute to efficient and effective relationships with outside counsel and manage legal costs and invoices.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Demonstrate a proactive approach to developing competency in unfamiliar practice areas.
• Pursue 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, AML/sanctions, and conduct risk.

• J.D. and licensed attorney in good standing admitted or otherwise authorized to practice law in the in the state/jurisdiction in which the position is based.
• Minimum of 3 years in large international law firm and/or equivalent in-house experience at a large bank.
• Direct experience with equity derivatives and synthetic prime brokerage services,…