Associate, Multinationals Coverage
- New York City, NY, United States
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Job details
- Posting language
- English
- Posted
Original job description
Requisition ID: 277446
Salary Range: 145,000.00 - 165,000.00
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.
Associate, Multinational Coverage – New York, NY or Houston, TX
Global Banking and Markets Global Banking and Markets (GBM) is a leading Capital Markets and Investment Banking platform with a competitive presence across the Americas, operating globally over 100 years. Scotiabank’s strong US 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 including transaction banking and trade finance solutions.
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 to every future!
Overview
Our approach with Multinational Coverage entails the delivery of a differentiated and consistent client experience across our footprint, placing the client at the center of our service model, regardless of where they choose to do business.
In partnership with the Parent Account Managers (PAM) and product partners across the bank, the Analyst will support both the US and Canada Subsidiary Account Managers (SAM) in originating and managing the relationship of local subsidiaries of foreign Multinational Corporate clients (MNC), while supporting the connectivity with the internal stakeholders across the bank’s global footprint.
This is an amazing opportunity to join our subsidiary relationship team that has strategic importance to the bank and high impact for the business!
What You’ll Do
- Work in a collaborative, fast-paced, ever evolving environment with cross-jurisdictional exposure and activities
- Work collaboratively with the US and Canada SAMs, country teams (PAMs), and key internal stakeholders to understand strategic priorities, support business activity and drive performance to deliver the enhanced Multinationals value proposition to Scotiabank’s Multinational corporate clients
- Champion a client-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge. Support US and Canada SAMs, and PAMs in developing and managing holistic global account plans and executing on local and global multi-product and service plans to grow the global relationship of our MNCs and to support the MNCs’ financial and strategic needs
- Gain strong knowledge of US and Canadian markets, as well as Scotiabank's local and global platform, product capabilities, operational processes, risk appetite and risk culture
- Complete due diligence of MNC’s public fillings by reviewing earnings reports, and other financial and company information to summarize data, in support of origination efforts alongside the Associates and SAMs
- Assist in portfolio management including: preparing pitchbooks, KYC, deal execution, account maintenance and other ad hoc tasks
- Assist with the framework set up for the client portfolio, create templates for analysis, and streamline operations across MNC accounts
- Maintain reporting profitability metrics and perform analysis on client engagement and share of wallet
- Build strong relationships and partner effectively with key stakeholders across Scotiabank’s various lines of business and around the globe.
- Understand how the Bank’s risk appetite and culture should be considered in day-to-day activities and business decisions
- Support the high-performance environment and a people strategy that attracts, retains, develops and motivates the team by fostering an inclusive work environment using a coaching mindset and behaviors; communicating vison/values/business strategy; and development planning for the team
- Use AI tools in your day-to-day work to improve the efficiency and quality of deliverables, and act as a go-to resource who helps the team build their own AI skills and adopt best practices
- Mentor Analysts by providing day-to-day guidance, reviewing work and supporting their professional development.
What You'll Bring:
- Bachelors or Master’s Degree in Business Finance, Math, Engineering, Economics, Science or Technology
- 2-3+ years of experience in Corporate Banking, Investment Banking, Global Transaction Banking or a related financial-services role, including exposure: to relationship management, reviewing credit agreements, credit management and transaction execution
- Working knowledge of lending and non-lending products, including cash management, cash investments, commercial cards, trade finance, foreign exchange, risk solutions, and debt and equity capital markets
- Excellent written and verbal communication skills, time management skills, attention to detail, and organizational skills
- Strong interest in liaising with colleagues across different jurisdictions and product groups; supporting an inclusive and collaborative environment
- Self-motivated, proactive, and driven team-player attitude with the ability to thrive in an entrepreneurial role, taking initiative with drive and motivation in a matrix/lean environment
- Strong proficiency with Microsoft Office (Excel, PowerPoint, Word), experience leveraging AI-enabled productivity and analytical tools is a plus
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 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.
Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.
More about this job
Skills
- SAM
- Know your customer
- Reporting
- Cash handling
- Communication skills
- Time management
- Attention to detail
- Organizational skills
- Microsoft Office
- Microsoft Excel
- Microsoft PowerPoint
- Microsoft Word