Associate Director, US Global Capital Markets, COO

Requisition ID: 206211

Salary Range: 225,000.00 - 225,000.00

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.

Title: Associate Director, US Global Capital Markets COO

Global Banking and Markets

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:

Contributes to the overall success of the COO team in the United States ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

What You’ll Do

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

• Actively pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.

• Champions a high performance environment and contributes to an inclusive work environment

Strategy

• Driving the annual strategy planning process. Partner with desk heads and business support partners to drive desk-level plans ultimately presented to US Board and form the basis of the financial planning process. Ensure regional plans operate within Global GBM strategy

• Translating high-level strategies into tangible deliverables. Lead execution including, but not limited to, New Initiatives Approvals, infrastructure development, project funding, and stakeholder management

• Actively identifying and designing strategic initiatives based on business and market knowledge, presenting business case to multiple stakeholders to gain support

Business Management

• Independently prioritizing and driving cross-functional initiatives, leading virtual teams to define and achieve common goals

• Championing a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge

• Owning and executing the Business Continuity and Return-to-Work Plans for US GCM businesses

• Coordinating and ensuring completion of ad-hoc requests from internal and external stakeholders

• Creating and understanding meaningful, robust business commentary for various recurring Management and Executive Committees, Board meetings, and regulatory forums

Regulatory and Controls

• Strengthening and developing the control environment by promoting an understanding and adherence to the existing governance framework and policies, procedures, and regulations

• Actively promoting a consistent and unified governance framework for US activities, driving consistencies across businesses

• Understanding how the Bank’s risk appetite and culture should be considered in day-to-day activities and business decisions

• Overseeing responses to various regulatory requests, ensuring clarity and accuracy of responses

• Actively creating efficiencies in the way controls are applied while still operating under a strong controls framework

Business Head Support

• Acting as the right-hand person to the Heads of the US GCM businesses; often acting as delegate in key forums and decisions

• Developing deep relationships with desk heads to understand strategic priorities, support business activity, and drive performance

• Acting as ‘ear to the street’, informing business heads of key themes and emerging risks

People

• Actively driving Culture within US GCM and the broader organization

• Coordinating action plans resulting from Scotia Pulse outcomes

• Facilitating and streamlining hiring and onboarding processes

• Championing a high-performance environment and implement a people strategy that attracts, retains, develops and motivates the team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team

Financials

• Supporting the annual planning process, including interlock with Head Office

• Driving Management Information and commentary enhancements; ensure information is accurate, robust, and meaningful

• Understanding drivers of business performance, identify and track variances to Plan. Partner with Finance to develop driver-based forecasting methodologies

• Reviewing business expenses and allocation methodologies; drive cost management initiatives as required

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

What You’ll Bring

• Knowledge of GCM businesses (required)

• A strong work ethic

• A demonstrated ability to independently run major programs using influence to drive virtual teams

• A strong culture, risk, and controls mindset

• The ability to be highly proactive and lead with a collaborative approach

• Strong communication skills; ability to distil key themes from large amounts of information

• The ability to prioritize amongst many competing deliverables at any given time

• An aptitude and interest in developing deep relationships with stakeholders across groups

• Strong MS Office skills - PowerPoint, Excel, Word (preferred)

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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.