Associate Director, Legal Counsel, Structured Finance Group

Scotiabank - Global Banking and Markets; Dallas (TX); Hybrid; USD 100,000 - 130,000; Full time

Benefits offered by this job

Flexible benefit programs

Holistic well-being focus

Job summary

Scotiabank - Global Banking and Markets is seeking a skilled attorney to join its U.S. Legal Department, focusing on Structured Finance matters. The role requires providing legal support across various securitization businesses and developing legal advice for the Bank's U.S. operations.

The ideal candidate has a J.D. with 3+ years of relevant experience and strong analytical and communication skills. Located in Dallas or Houston, the position supports hybrid work arrangements.

Qualifications

• 3+ years of securitizations legal experience with a large international law firm or financial institution.
• Self-starter, effective under pressure, proactive and flexible.
• Comprehensive understanding of corporate and securities law.

Responsibilities

• Provides legal support to various securitization businesses.
• Drafts and negotiates documentation related to securitizations.
• Monitors legal and regulatory developments relevant to securitizations.

Skills

Legal support for securitization businesses

Negotiation and documentation drafting

Strong interpersonal and communication skills

Attention to legal and regulatory developments

Education

J.D. and licensed attorney

Job description

Requisition ID: 255211

Salary Range: -

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

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 U.S. and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

GBM delivers 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.

Purpose

Contributes to the overall success of the U.S. Legal Department with primary responsibility for a wide range of Structured Finance matters within the Global Banking and Markets division, and for providing legal advice, services and counsel on issues affecting the Bank's U.S. operations.

What You’ll Do

• Provides legal support to various securitization businesses, including ABS, CMBS, RMBS, and CLOs.
• Assists with coverage in the Structured Finance Group, including warehouse lending, direct lending, residential mortgages, commercial real‑estate finance, and whole‑loans trading.
• Drafts and negotiates documentation relating to the above businesses.
• Reviews and uplifts firm policies in coordination with the Compliance department relating to securitizations.
• Monitors legal and regulatory developments, evaluates impact on the securitizations and other GBM businesses, and coordinates and discusses as necessary with internal stakeholders.
• Provides secondary support to the Equity Capital Markets and Debt Capital Markets businesses.
• Serves as legal stakeholder on working groups, managing projects and engaging with the firm’s advocacy efforts relating to regulatory issues and regulatory change.
• Advises internal stakeholders across the front office and other corporate functions in developing and implementing key strategic projects and new initiatives.
• Analyzes legal and regulatory issues and provides timely and well‑researched work product to clients on legal matters affecting the securitizations businesses.
• Supports Scotiabank’s participation in various trade associations or other public forums.
• Contributes to efficient and effective relationships with outside counsel and manages legal costs and invoices.
• Understands how Scotiabank’s risk appetite and risk culture should be considered in day‑to‑day activities and decisions.
• Champions a customer‑focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Demonstrates a proactive approach to developing competency in unfamiliar practice areas.
• Pursues effective adherence to Scotiabank’s Values and its Code of Conduct, while ensuring the adequacy, adherence to, and effectiveness of business controls to meet obligations with respect to operational, compliance, sanctions and anti‑money laundering (AML), and conduct risk.
• Performs other duties as assigned from time to time.

What You’ll Bring

• J.D. and licensed attorney in good standing admitted or otherwise authorized to practice law in New York or Texas. The position is based either in Houston, Texas, or Dallas, Texas, on a hybrid schedule.
• 3+ years of securitizations legal experience with a large international law firm and/or financial institution.
• Strong interpersonal, analytical, influencing and communication skills.
• Excellent judgment, writing skills, and presence.
• Self‑starter, effective under pressure, proactive and flexible.
• Subject‑matter expertise of securitization processes and regulations, including securitization vehicles and related regulatory frameworks.
• Comprehensive understanding of corporate, securities, creditor, finance and bankruptcy law, including related legal and regulatory considerations (including the ’33 Act, ’34 Act, Rule 144A and other private placement exemptions).
• Able to preserve confidentiality and exercise discretion.

Benefits

Scotiabank offers flexible benefit programs designed to support your unique family, financial, physical, mental and social health needs, with a focus on holistic well‑being.

Location: United States – Texas – Dallas

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.