Associate Director-GCM Documentation Toronto

Scotiabank; Toronto; On-site; CAD 130,000 - 180,000; Full time

Job summary

Scotiabank’s Global Banking and Markets GCMD team in Toronto is seeking an Associate Director to oversee documentation for complex capital markets transactions. The role focuses on negotiating trade documentation, ensuring compliance, and delivering timely legal support.

You will manage an international portfolio, advise internal stakeholders, and align with risk, tax, front office, and operations, while maintaining a strong emphasis on accuracy and client service.

Qualifications

• Minimum 5 years of relevant financial/industry knowledge in derivatives and trading documentation.
• Excellent communication, legal drafting and organizational skills.
• Ability to collaborate with Legal, Tax, Banking, Front Office, Credit and Operations.

Responsibilities

• Champions a customer focused culture and negotiates trade documentation.
• Manages a complex, international portfolio of negotiations and provides analysis to internal stakeholders.
• Ensures documentation terms align with risk tolerance across credit, legal, regulatory and operational risk.
• Maintains day-to-day controls to meet regulatory and operating risk requirements.

Skills

Legal drafting

Communication

Organizational skills

Education

Law degree

Job description

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Title: Associate Director-GCM Documentation Toronto

Requisition ID: 277917

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

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 Global Capital Markets Documentation (GCMD) group by ensuring specific individual goals, plans, and 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. This includes having a sense of urgency, professionalism and active listening skills in all client dealings, including the negotiation of trade documentation.
• Manages a complex, international portfolio of negotiations in relation to the Bank and its affiliates’ capital markets documentation, including legal drafting and providing detailed analysis and advice to internal stakeholders on any non-standard client requests or contentious issues. Exercises discretionary authority to address or elevate decisions with respect to such documentation, and escalates matters to Banking, Front Office, Legal, Credit, Operations, Tax, or other areas as appropriate. Communicates contentious/key issues to the Director in a timely manner.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. This includes ensuring the terms in trading documentation are executed within the Bank’s risk tolerance (including but not limited to credit, legal, regulatory, and operational risk).
• Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.

What You'll Bring:

• Lawyer with minimum of 5 years of relevant financial/industry knowledge in derivatives and trading documentation, and a strong understanding of the provisions in such documentation. A law degree is required.
• Excellent communication, legal drafting and organizational skills.
• Strong business acumen, sound judgment and critical thinking skills. Must be action-oriented and self-motivated with strong relationship management skills.
• Ability to work collaboratively with team members and internal stakeholders (in particular Legal, Tax, Banking, Front Office, Credit and Operations) to ensure GCMD objectives are met.

Work Arrangement:

This position is currently an on-site role, with the expectation that you will work at least 4 days a week in the office. Please note that this is subject to change based on the needs of the business.

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): Canada : Ontario : Toronto

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.