Associate Director, Investment Banking, Power & Utilities

Scotiabank - Global Banking and Markets; New York (NY); On-site; USD 248,000 - 303,000; Full time

Job summary

Scotiabank in New York City seeks an Associate Director in Investment Banking for Power & Utilities to lead and execute a broad range of transactions while coaching Analysts and Associates. You will coordinate with GBM product groups, manage multi-product pitches, and ensure rigorous execution in a high-demand environment.

The role emphasizes client relationships, teamwork, and compliance with internal controls and regulatory requirements, supporting a dynamic, inclusive culture.

Qualifications

• 5-8 years’ experience in Investment Banking, Equity Research or corporate finance.
• 3-5 years in Power and Utilities or Energy Investment Banking preferred.
• Strong quantitative and analytical capabilities.
• Excellent written and verbal communication.
• High attention to detail and ability to handle multiple projects.

Responsibilities

• Lead and execute a broad range of transactions with coaching and development for Analysts and Associates.
• Coach team members and promote continuous growth and development.
• Coordinate with product groups and industry teams within GBM to deliver multi-product pitches.
• Ensure compliance with regulations, policies, AML/ATF/sanctions and risk controls.
• Manage workflow, resource prioritization and team time to drive efficient operations.

Skills

Quantitative skills

Communication skills

Attention to detail

Multi-project management

Teamwork

Integrity

Adaptability

FINRA licensing

Education

Bachelor's or Master's in Business/Finance/Math/Engineering/Economics/Science/Tech

Job description

Requisition ID: 274416

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.

Associate Director, Investment Banking, Power & Utilities

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

Lead and execute on a broad range of transactions as well as are responsible for coaching and developing our Analyst and Associates. Contribute to the overall success of the team ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensure all activities conducted are in compliance with governing regulations, internal policies and procedures.

What You’ll Do

• 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
• Create an environment in which his/her team pursues effective and efficient operations of his/her 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
• Build a high performance environment and implement a people strategy that attracts, retains, develops, and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and managing succession and development planning for the team

What You’ll Bring

• 5-8 years’ work experience in Investment Banking, Equity Research or corporate finance in accounting
• 3-5 years in Power and Utilities or Energy Investment Banking preferred
• Bachelors or Masters Degree in Business, Finance, Math, Engineering, Economics, Science or Technology
• Strong quantitative skills focused on financial analysis, accounting and financial theory
• Strong written and verbal communication skills
• A high level of attention to detail
• The ability to manage multiple projects simultaneously while maintaining a high standard of work
• The ability to excel under pressure amid demanding deadlines
• The ability to perform effectively in a team environment
• High professional standards including a strong sense of personal integrity and teamwork
• Demonstrated ability to quickly adapt to new situations
• A high level of energy and a keen desire to learn new concepts
• Independent thinker and proven ability to make decisions
• Obtain and maintain required FINRA registration and licensing appropriate to your functions and responsibilities

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.

#GBM

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, please click here.

Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.