At a Glance
- Tasks: Support Global Equity Derivatives by drafting and executing structured notes transactions.
- Company: Join Scotiabank, a leading bank in the Americas with a focus on inclusion and collaboration.
- Benefits: Enjoy flexible benefits, competitive salary, and a supportive work environment.
- Other info: Onsite role in Toronto with excellent career growth opportunities.
- Why this job: Make an impact in a fast-paced environment while developing your skills in finance and law.
- Qualifications: 3+ years in law or financial services; strong analytical and communication skills required.
The predicted salary is between 90000 - 110000 $ per year.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Global Banking and Markets (GBM) conducts the Bank’s wholesale banking and capital markets business with corporate, government and institutional investor clients. GBM is a full-service wholesale bank and investment dealer in Canada and Mexico and offers a range of products and services in the U.S., Latin America and in select markets in Europe and Asia-Pacific.
Overview/Purpose
Global Equity Derivatives (GED) includes Investor Solutions offering Structured Notes and Equity Derivatives Trading (Options, Swaps and Index Finance). The successful candidate will play an integral role in supporting GED globally, leveraging their legal and regulatory experience to support the development, drafting, structuring and execution of structured notes transactions as well as the day-to-day operations of Investor Solutions Canada.
The candidate will also be involved in implementing new initiatives in GED, including adapting the business to legal and regulatory changes and managing legal and regulatory risks impacting GED, particularly in connection with the structured notes business.
Given the nature of the role, the successful candidate will work with and build relationships within Global Banking and Markets and in other areas of the Bank through various projects, such as Legal, Compliance, Tax and Group Treasury. GED operates in a fast-paced and demanding environment.
The successful candidate should demonstrate strong attention to detail, the ability to work on multiple tasks and projects simultaneously, demonstrate initiative and have excellent organizational skills. The successful candidate will be an exceptional team-player and communicator, with a strong work ethic and relevant experience to the role.
What You’ll Do
- Conduct detailed reviews of equity linked and fixed income, currencies and commodity structured note issuances, guaranteed investment certificates and certain derivatives documentation.
- Assist in the assessment and implementation of new initiatives within GED, including developing and drafting documentation for new structured note and derivative products, market entry into new regions and operational improvements.
- Collaborate with other members of GED, other bank stakeholders, and internal and external legal and tax counsel in connection with both transactional and non-transactional matters.
- Keep abreast of legal and regulatory changes in the markets in which GED operates.
- Participate as a stakeholder in regulatory projects, identify key impacts to GED and coordinate communication and participation for relevant GED team members.
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Position Highlights
- Fast learner, strong analytical skills and critical thinking capabilities to frame and structure complex issues effectively and develop insights and recommendations.
- Superior attention to detail and comfort reviewing, drafting and synthesizing complex documentation.
- Knowledge of capital markets products, securities law and the Bank’s processes and policies is an asset.
- Excellent communication, collaboration and interpersonal skills.
- Strong time management and organizational skills with the ability to multi-task and meet tight deadlines.
- Drive and motivation to work in a target-driven and high-performance culture and contribute to an inclusive workplace.
- Demonstrates resourcefulness and initiative in an evolving and sometimes unstructured workplace.
What You’ll Bring
- 3+ years of professional experience in law, financial services and/or accounting.
- Juris Doctor or university degree in business, finance, accounting or a related discipline.
- Proven proficiency in Microsoft Excel, including the ability to manipulate large data sets.
- Competency in a programming language such as VBA or Python considered an asset.
- Aptitude in learning how to use software including Contract Express for document automation and internal trading and booking systems.
Work Arrangement
This position is an onsite role, with the expectation that you will work 5 days a week in the office. Please note that this is subject to change based on the needs of the business.
Interested? At Scotiabank, you’ll be joining an organization that values inclusion, accountability, innovative thinking and collaboration, a culture where people feel safe to learn, grow, and contribute while delivering exceptional results for our clients.
Location(s): Canada : Ontario : Toronto
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.
If you require accommodation during the recruitment and selection process, please let our Recruitment team know.
Global Equity Derivatives – Associate Director in Toronto employer: Scotiabank
Scotiabank is an exceptional employer that fosters a purpose-driven and inclusive culture, making it an ideal place for professionals seeking to excel in the financial services industry. With a strong focus on employee growth, you will have access to comprehensive training and development opportunities while working alongside senior leadership in a collaborative environment. Located in vibrant cities like Calgary and Vancouver, you will enjoy a dynamic work-life balance and the chance to make a meaningful impact on ultra-high net worth clients across Canada and internationally.