Scotiabank Global Site
Associate Director (Vice President) Risk Solutions Group, Global Banking & Marke
Scotiabank Global Site, New York, New York, us, 10261
Overview / Purpose
A Vice President (Associate Director) in Risk Solutions Group (Derivative Products Group or DPG) is part of Global Fixed Income Origination Group within Scotiabank's Global Banking & Markets division. DPG is part of Origination team which is a Private Side Group. A VP in DPG is a Coverage Officer responsible for primary client coverage marketing structuring and pricing various fixed income and currency derivative products to the Banks lending Corporate Clients in the United States. The VP is responsible for advising clients and owning all aspects of coverage including getting in place ISDA documentation Credit lines and Derivative Regulatory Items for any Corporate Client that is a derivative end-user. On an actual live deal the VP is responsible for modeling structuring quoting and managing the client. The VP must be able to analyze markets and clients current corporate structure to come up with a strategy that is optimal from a corporate finance and market perspective. The VP must be familiar with different structuring and pricing systems and have strong financial and analytical skills understand the banks policies and procedures well and have a thorough knowledge of currency and fixed income derivatives. The VP should have the ability to understand and work comfortable in an area where technology pricing methodology regulations and product applications change constantly. The VP must have strong interpersonal skills to build relationships with the Banks Corporate Clients and various internal groups (Investment Banking Capital Markets Credit Trading XVA Operations Legal). Most importantly the VP will contribute to the overall success of the team ensuring individual goals plans initiatives are executed in accordance with the business strategy.
What Youll Do
Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
A VP (Associate Director) in DPGs primary goal is to cross-sell Fixed Income Derivatives that help the Banks lending Corporate Clients achieve a hedging objective while simultaneously generating Net Revenue that helps boost the return of the overall lending relationship
Providing thoughtful and thorough client coverage
Modeling Pricing and Structuring Client Hedges
Negotiating ISDAs and ensuring clients have satisfied the Banks KYC / Derivative Regulatory Requirements
Working with Credit and banking teams to create & maintain properly sized Credit Lines
Working with the different global trading desk to ensure orderly executions of live deals
Working with Analysts and Associates to create presentations and models
Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.
Actively pursues effective and efficient operations of his / her respective areas in accordance with Scotiabank's Values its Code of Conduct and the Global Sales Principles while ensuring the adequacy adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational compliance AML / ATF / sanctions and conduct risk.
Champions a high-performance environment and contributes to an inclusive work environment.
What Youll Bring
Client coverage experience
High potential to foster client relationships and deliver the Bank
Technical and fundamental understanding of corporate derivatives and applications
Ability to operate and thrive on a small cohesive team
Operate with the highest level of professionalism
Interested At Scotiabank every employee is empowered to reach their fullest potential respected for who they are and embraced for their differences. Thats why we work to grow and diversify talent and engage employees in a performance-oriented culture.
Whats 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.
Required Experience :
Chief
Key Skills
Accomodation,Access Control,Brand Marketing,Environmental Science,Import,Client Services
Employment Type :
Full Time
Experience :
years
Vacancy :
1
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What Youll Do
Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
A VP (Associate Director) in DPGs primary goal is to cross-sell Fixed Income Derivatives that help the Banks lending Corporate Clients achieve a hedging objective while simultaneously generating Net Revenue that helps boost the return of the overall lending relationship
Providing thoughtful and thorough client coverage
Modeling Pricing and Structuring Client Hedges
Negotiating ISDAs and ensuring clients have satisfied the Banks KYC / Derivative Regulatory Requirements
Working with Credit and banking teams to create & maintain properly sized Credit Lines
Working with the different global trading desk to ensure orderly executions of live deals
Working with Analysts and Associates to create presentations and models
Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.
Actively pursues effective and efficient operations of his / her respective areas in accordance with Scotiabank's Values its Code of Conduct and the Global Sales Principles while ensuring the adequacy adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational compliance AML / ATF / sanctions and conduct risk.
Champions a high-performance environment and contributes to an inclusive work environment.
What Youll Bring
Client coverage experience
High potential to foster client relationships and deliver the Bank
Technical and fundamental understanding of corporate derivatives and applications
Ability to operate and thrive on a small cohesive team
Operate with the highest level of professionalism
Interested At Scotiabank every employee is empowered to reach their fullest potential respected for who they are and embraced for their differences. Thats why we work to grow and diversify talent and engage employees in a performance-oriented culture.
Whats 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.
Required Experience :
Chief
Key Skills
Accomodation,Access Control,Brand Marketing,Environmental Science,Import,Client Services
Employment Type :
Full Time
Experience :
years
Vacancy :
1
#J-18808-Ljbffr