Economics jobs in United States

Join a purpose‑driven winning team, committed to results, in an inclusive and high‑performing culture. Scotiabank is Canada's most international bank, providing a full range of financial products, solutions and advice to retail, small business and commercial customers in Latin America, the Caribbean, Central America, and the Asia Pacific. Through partnerships with enterprises in China, Curacao, Thailand, and Venezuela, we offer a comprehensive suite of personal, commercial, wealth‑management and insurance services to over 24 million customers worldwide.

Contributes to the overall success of the International Banking – Business Banking and Capital Markets / GCM Banking in Toronto, Canada, ensuring specific individual goals, plans and initiatives are executed and delivered in support of the team’s business strategies and objectives. Ensures all activities are conducted in compliance with governing regulations, internal policies and procedures.

• Champion a customer‑focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Prepare credit requests for new and existing counterparties, including financial analysis and suitable transaction structuring and risk mitigation, and submit all credit‑related requests to Global Risk Management and other internal approval groups. Handle complex requests and high‑revenue counterparties, and provide seamless coverage of the portfolio in the absence of any team member, including the Director.
• Provide ongoing credit and execution support for marketers, product teams and traders, including new product initiatives and limit requests within the requested timeline.
• Maintain strong interest in international issues, including awareness of global trade flows, economic, technological, social, legal, regulatory and political conditions that could impact the financial viability of clients.
• Oversee negotiation and review of credit documentation (ISDA/CSA, GRMA, GMSLA) for new transactions and onboarding for Scotiabank entities.
• Apply in‑depth knowledge of the Bank’s lending policies, practices and procedures, and demonstrate proven credit judgement.
• Communicate effectively, both in writing and verbally, and listen closely to ask relevant questions, interacting with internal and external stakeholders.
• Independently manage a portfolio of counterparties across various countries, addressing banking dynamics, jurisdictions, accounting standards, and regulatory requirements.
• Exercise interpersonal and time‑management skills, and possess a strong aptitude for managing operational risks that impact the credit function.
• Actively use Scotiabank and IB‑GBM Management Information Systems, trading and booking systems to provide accurate and relevant information as required.
• Understand local regulatory frameworks and ensure the Bank’s risk appetite and culture are considered in daily activities and decisions.
• Collaborate with Global Risk Management, Counterparty Credit Risk, Market Risk Management, Legal, Tax, Finance, Compliance, Global Wholesale Services, Global Capital Markets Documentation, and other Execution teams.
• Mentor and train junior team members, sharing best practices and market insight.
• Take initiative to challenge the status‑quo for positive change within IB Business Banking and Capital Markets / GCM Banking.
• Pursue effective and efficient operations in accordance with Scotiabank’s Values, Code of Conduct and Global Sales Principles, ensuring adequate day‑to‑day business controls and compliance with AML/ATF/sanctions and conduct risk.

• Support IB‑GBM / GCM Trading Desks globally.
• Work with multiple trading and client management systems (ALGO, C360, CorrRisk, Salesforce).
• Negotiate and review documentation for related transactions for BNS, SCI, SBE, SBI, BNSAL, and SCUSA.
• Liaise with GRM, CCR, MRM, Legal, Tax, Finance, Compliance, GWS, GCM Documentation, and other Execution teams.
• Have prior banking experience in a credit or execution‑related role; exposure to Latin America, Europe and Asia is an asset.
• Spanish language required.
• University education or post‑graduate education; an MBA or CFA is considered an asset.

Work in a standard office‑based environment; non‑standard hours are a common occurrence. No travel required.

If your experience is closely related but doesn’t align perfectly with every qualification, we encourage you to apply. You might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and embraced for their differences. We work to grow and diversify talent and engage employees in a performance‑oriented culture.

Scotiabank wants you to bring your best self to work – and life, every day. With a focus on holistic well‑being, our many flexible benefit programs 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.

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 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.