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Scotiabank

Director, Equity Sales Trader; Global Banking & Markets; New York, New York

Scotiabank, New York, New York, us, 10261

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Director, Equity Sales Trader; Global Banking & Markets; New York, New York Requisition ID:

218412

Salary Range:

300,000.00-300,000.00

Title : Director, Equity Sales Trader; Global Banking & Markets; New York, New York

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 The Director, Equity Sales Trader will contribute to the overall success of the U.S. Equities business, based in New York, ensuring specific individual goals, plans, and initiatives are executed to support the team’s business strategies and objectives. The incumbent ensures all activities are in compliance with governing regulations, internal policies and procedures. The goal is to partner with Scotiabank GBM clients to ensure great outcomes, enabling the US Equities franchise to grow. You will maintain and build our client platform in US equities by working closely with partners across research, trading, prime finance, algorithmic trading, equity derivatives and ECM.

What You’ll Do

Generate equity commissions by giving quality advice and high-touch coverage to GBM clients in a compliant fashion

Work with equity clients to help find liquidity solutions on block trades and ECM/Corporate transactions

Produce notes/content from the trading desk, leveraging the firm’s research and analyst recommendations

Prospect for new opportunities to bring new clients/relationships into GBM

Leverage knowledge of US/Latam/Canadian equities and trading products to identify client opportunities within the broader equities franchise, resulting in increased revenues

Leverage Buy Side relationships to uncover new revenue streams, including exploring synergies across business areas within GBM and translating product knowledge on both new and existing lines of business

Champion a customer‑focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge

Collaborate with GBM team members to develop other bespoke trading products; e.g., EES, options, custom equity baskets, etc.

Understand how the Bank’s risk appetite and risk culture should be considered in day‑to‑day activities and decisions

Actively pursue effective and efficient operations of the area, ensuring compliance with operational risk, regulatory compliance, AML/ATF and conduct risk frameworks

Champion a high‑performance environment and contribute to an inclusive work environment

What You’ll Bring

Series SIE, 7, 57, 63

10+ years of experience in a similar role

Buy Side and/or Sell Side experience required

Strong working knowledge of Equities, Electronic Trading, Equity Research, Financing and Balance Sheet, Securities Lending and Swaps

Knowledge of regulatory guidelines that pertain to the US equity business is required

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 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.

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