Scotiabank: Seeking Director for Investment Banking
Scotiabank, a leading bank in the Americas, is urgently seeking a purpose-driven and result-oriented individual to join their inclusive and high-performing team. The position offered is for the role of a Director in Investment Banking, specifically for the Media & Telecom sector. The role is based in New York City, one of the financial hubs of the world.
Job Description and Salary Range
The position is full-time, requiring 40 hours per week. The offered salary ranges from $300,000 to $300,000 per year. However, please note that this is a guideline only. The final salary offered may vary based on factors such as the successful candidate’s relevant knowledge, skills, and experience.
Roles and Responsibilities
The Director will have several key responsibilities, including leading the negotiations and structuring of Mergers and Acquisitions (M&A) transactions. This will involve overseeing aspects like valuation, deal terms, and integration plans. They will also be responsible for the execution of equity capital markets transactions, including IPOs, follow-on offerings, and private placements. Moreover, the role involves managing the structuring, negotiation, and execution of Debt Capital Markets (DCM) transactions, including debt financing.
In addition to these, the Director will be expected to identify probable sources of new business, including companies, countries, and emerging issues. They will also generate ideas to prepare and present business development pitches with the objective to originate business. The successful candidate should be able to work with a long-term relationship strategy in mind when addressing client requirements.
Furthermore, the Director is expected to coordinate the execution of mandates and manage transaction processes while leading, managing, and developing a team of banking professionals. They will also be required to share client information with team members and promote collaborative and cohesive working relationships with colleagues from other departments / geographies within Scotiabank’s platform.
Qualifications and Requirements
The ideal candidate must have a Bachelor’s degree or foreign equivalent in Finance, Business Administration or a related field and nine (9) years of progressively responsible experience in the job offered or related occupation. This should include originating and supporting investment banking advisory mandates with North American clients, managing client relationships and transactions, incorporating knowledge and market intelligence from key decision makers at large financial sponsors and strategic clients in the US and Canada, and utilizing valuation metrics used by clients to discuss recent transactions within the industry.
They must also hold FINRA licenses SIE, 63, & 79. In the alternative, the employer will accept a Master’s degree in the above-mentioned fields and seven (7) years of experience in the above-listed skills.
Application Process
Qualified applicants are advised to apply directly through the Scotiabank website, by searching for the position of Director, Investment Banking, Media & Telecom and indicating the job code CL042926WEB. Telecommuting and/or working from home may be permissible pursuant to company policies.
Scotiabank is committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation during the recruitment and selection process, please let our Recruitment team know.
About Scotiabank
Scotiabank is a leading bank in the Americas, guided by their purpose: “for every future”. They offer 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.
For more information, interested individuals are encouraged to visit the Scotiabank careers page. 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. To learn more about the job, click Here.
