Requisition ID: 172778

Salary Range: 275,000.00 - 275,000.00

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.

Overview of the Power & Utilities Group

Scotiabank’s Power & Utilities Investment Banking team is a leading U.S. financial advisor to utility corporates, renewable energy companies, and financial investors. The Power & Utilities team is focused on decision makers (C-suite, Board) and on building long-term client relationships, deepening those relationships through strategic advice, strong product knowledge and flawless deal execution. The group is actively involved with a wide array of industry participants and has a successful track record, with 20+ M&A transactions executed over the last 12 months. Associate Directors have the opportunity to immediately and meaningfully contribute by independently working with clients and directly leading the execution of complex transactions within the sector.

Position Highlights

Associate Directors on the Power & Utilities Investment Banking enjoy a stimulating and challenging work environment in which they are responsible for the execution of a broad range of transactions. A successful candidate will have well-developed knowledge of products and services, marketplace, and clients within the Power & Utilities sector. This position will be directly involved in the origination, structuring, and execution of Corporate and Investment Banking products and services for existing clients and prospects. The Associate Director will assist in delivering the full range of products and services to clients through formulating financial strategy and policy with clients at the executive management level, managing client relationships, and executing mandated assignments in public and private equity, M&A, loan and high yield and convertible securities transactions. A significant amount of effort, diligence and initiative is required to properly execute assignments. The complexity of clients’ financial requirements coupled with the intense competitiveness of the investment banking industry necessitates a full commitment to the task at hand. Standards are very high as most work is presented to senior executives at client firms and supervision is provided only to the extent that it is required.

Role Responsibilities

• Champion a client centric culture focused on deepening client relationships and leverage broader Bank relationships, systems, and knowledge to deliver solutions that Scotiabank can provide across its footprint and generate revenue. Relationship management and cross collaboration includes:
  • Coordinating with the various product groups and industry team within GBM
  • Developing and maintaining effective industry relationships with other clients
• Actively support the Managing Directors and Directors on mandates for key clients with a focus on ensuring strong execution, as well as coordinate with other areas of Scotiabank to deliver multi-product pitches and offerings
• Execute complex transactions with limited senior management oversight with respect to the day-to-day execution of the mandate
• Demonstrate inclusive leadership by coaching team members, in addition to acting in a mentorship capacity to promote continuous growth and development
• Lead juniors in managing all workflow for origination or execution, including delegations of work appropriately to ensure completion of the work is efficient
• Develop more junior bankers on their team and across CIB and GBM through active engagement on developing their skills (technical, coverage, and other leadership skills) providing real-time positive and constructive feedback to support their development
• Actively partner with group leaders and broader team to build team dynamics and engagement across teams
• Assist in resource management and prioritization of work to effectively and efficiently manage team’s time and resources

Required Qualifications

• 
  6+ years’ work experience in Investment Banking, Equity Research or corporate finance in accounting
• Bachelors Degree from a top accredited University in Business, Finance, Math, Engineering, Economics, Science or Technology

Desired Qualifications

• 
  Power & Utilities Experience
• Master's degree or higher in accounting, finance, or economics
• Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment
• Knowledge and understanding of capital markets, deal execution process and standards
• Knowledge and understanding of business development, business vision, strategies, and goals
• High level of attention to detail while effectively managing and meeting demanding deadlines
• Ability to manage multiple projects simultaneously while maintaining a high standard of work
• High professional standards including a strong sense of personal integrity and teamwork
• Excellent verbal, written, and interpersonal communication skills

Additional Job Related Expectations

• 
  Obtain and maintain required FINRA registration and licensing appropriate to job functions and responsibilities
• Ability to travel up to 50% of the time

Location(s): United States : Texas : Houston

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. 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.