Associate, US Fund Finance

About the role

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Associate, US Fund Finance 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! 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 and enabling us to further source and develop opportunities.

Location: New York City, New York, United States.

Responsibilities

• 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 contribute to a high performance