Associate, Fund Finance

Overview

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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:

Scotia is seeking an Associate for its US Fund Finance desk. The group will be focusing on various fund finance opportunities. This banker will help build this business and be responsible for cultivating direct relationships for the bank enabling us to further source and develop opportunities.

• Structure and execute new fund finance transactions for private capital funds with a broad range of product offerings, including but not limited to subscription finance facilities, hybrid/NAV facilities, back-leverage facilities, BDC revolvers, and other esoteric structures.
• Structure, analyze, and perform due diligence to facilitate prompt execution of fund finance transactions that vary in complexity.
• Develop recommendations for the appropriate course of action based on analysis, internal credit policies/procedures and the Bank’s risk appetite.
• Review loan documentation and update internal system with pertinent transaction details and conduct regular monitoring of credits via annual reviews
• Provide day-to-day account management support and ensure client files, agreements and security documents, as well as funding are complete and up to date.
• Regularly working with risk management teams, internal/external counsel, loan operation teams to ensure successful transaction execution.
• Lead client onboarding process.
• Expand on sector/industry and Bank product knowledge to identify trends and cross-selling opportunities within the sector. Actively contributes to a high performance and inclusive work environment

• Minimum 2+ years of fund finance experience.
• Client focused mindset with strong interpersonal skills. Well qualified candidates should have a successful track record of working on fund finance transactions.
• Strong communication and relationship management skills are a must along with effective written communication abilities.
• Ability to manage priorities and work under pressure to meet deadlines in a well-organized and detail-oriented manner with a pragmatic approach to problem solving through strong quantitative skills.
• Creative, and strategic thinker with a client-focused mindset who can identify and analyze potential opportunities in an ever changing market environment.
• Team player with the ability to manage priorities and work under pressure to meet deadlines while collaborating within a team and across organizational boundaries.
• Ability to work independently
• Adherence to all controls processes and procedures
• Strong Word, Excel, Power Point
• FINRA SIE, Series 79 and 63

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