Scotiabank · 1 week ago
Associate, Investment Banking, Leveraged Finance
New York, NY
Full-time
Onsite
Entry, Mid Level
$175K/yr - $225K/yr
2+ years expScotiabank is a leading Canadian Capital Markets and Investment Banking business with a strong U.S. presence. The role involves executing non-investment grade financing transactions, preparing client presentations, and supporting senior bankers in managing client relationships while ensuring compliance with regulations and internal policies.
BankingFinanceFinancial Services
Responsibilities
Champion a client centric focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge to deliver solutions that Scotiabank can provide within the Non-Investment Grade Finance product suite, including high yield bonds and leveraged loans. Role will also include relationship management and cross collaboration such as:
Coordinating with other groups within GBM, such as banking coverage (both financial sponsor and industry coverage), credit / risk, underwriting / execution, and sales & trading
Developing and maintaining effective industry relationships with legal counsel, external parties, clients (in collaboration with senior coverage officers)
The day-to-day responsibilities include the following:
Evaluating and analyzing the debt financing needs of corporate and sponsor-backed clients
Tracking market conditions, with a focus on the leveraged credit markets, and driving the creation of client-friendly materials
Evaluating peer capital structures and financings executed in market to identify opportunities with Scotiabank clients
Oversee alongside an Analyst the underwriting and approval process for both corporate and sponsor-backed financings, with responsibility for transaction overviews, summarizing financing terms, cash flow modeling (cases with multiple drivers), evaluating syndication prospects
Prepare questions and drive due diligence sessions to evaluate credit risk of proposed transactions, identifying key credit risks / mitigants and evaluating customary “quality of earnings” reports
Oversee transaction structuring and execution efforts, with increasing levels of responsibility and accountability over time
Review of financing documents, including commitment letters, fee letters, engagement letters, credit agreements and offering memoranda. Summarize key terms and covenants for purpose of reviewing transaction feasibility and distribution prospects. Lead dialogue with external counsel during drafting process
Performing comprehensive financial statement analysis and creating and maintaining models, with a focus on LBO cash flow modeling
Drive the creation high-quality presentation materials to support client discussions around new business opportunities, including generating new content
Oversee the development of Analysts and junior talent across GBM as it relates to interfacing with Leveraged Finance
Applying product and capital markets knowledge to help clients achieve their financial objectives
Actively contribute to a high performance and inclusive work environment
Qualification
Required
2-4 years' work experience in Leveraged Finance, preferably with lead-left execution and underwriting experience across both corporate and sponsor-backed issuers
Bachelors or Masters Degree in Business, Finance, Math, Engineering, Economics, Science or Technology
Experience with commitment letters, fee letters, engagement letters, credit agreements and offering memoranda
Strong written and verbal communication skills
Strong knowledge of dynamics of institutional term loan and high yield markets in the US
Excellent command of Microsoft Suite, with an emphasis on Excel and PowerPoint
Excellent command of industry standard market data sources, such as Credit Sights, LCD News, Bloomberg, and other sources
A high level of attention to detail
A high level of energy and a keen desire to learn new concepts, build a platform, and enhance banking skillset
Obtain and maintain required FINRA registration and licensing appropriate to your functions and responsibilities
Benefits
Flexible benefit programs
Company
Scotiabank
Scotiabank is a banking firm that provides banking and financial services.
10001+ employees
H1B Sponsorship
Scotiabank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (52)
2024 (55)
2023 (29)
2022 (38)
2021 (38)
2020 (15)
Funding
Current Stage
Public CompanyTotal Funding
$1.07B2024-04-17Post Ipo Debt· $1.07B
1972-03-01IPO
Leadership Team
Jabar Singh
President & CEO Scotiabank Colpatria (Colombia) & Head Central America & Caribbean
L.Scott Thomson
President and CEO
Recent News
2026-01-23
2026-01-23
2026-01-20
Company data provided by crunchbase