Metropolitan Bank Holding Corp job in New York, NY
Come work with us: Metropolitan Commercial Bank (the "Bank") is a full-service commercial bank based in New York City. The Bank provides a broad range of business, commercial, and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities, and local government entities.
Metropolitan Commercial Bank was named one of Newsweek's Best Regional Banks and Credit Unions 2024. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2023 by loan category and asset size for commercial banks with more than $1 billion in assets. Kroll affirmed a BBB+ (investment grade) deposit rating on January 25, 2024. For the fourth time, MCB has earned a place in the Piper Sandler Bank Sm-All Stars Class of 2024.
Metropolitan Commercial Bank operates banking centers and private client offices in Manhattan, Boro Park, Brooklyn and Great Neck on Long Island in New York State.
The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB).
Position summary:
The primary function of this position is to support the Compliance Director - Monitoring and Testing in the development, implementation, execution and reporting of the Bank's compliance testing, monitoring, and validation exercises in accordance with the Bank's Compliance Monitoring and Testing (CMT) Plan. Strong analytical skills, attention to detail, and a thorough understanding of risk management principles are essential for success in this role.
The successful candidate for this role will be a proactive and analytical individual with a solid understanding of CMS, risk management principles, excellent communication skills, and the ability to work collaboratively in a dynamic environment.
We have a flexible work schedule where employees can work from home one day a week.
Essential functions and responsibilities
* Responsible for supporting, and reporting to, the Compliance Director to develop, monitor, and execute the Bank's Compliance and Monitoring Plan.
* Monitor, test and report on the Bank's adherence to its regulatory compliance policies, procedures and controls across all product lines.
* Track issues to completion and assure corrective action has been implemented within specified timeframes.
* Assist the business lines with the implementation of new or changes to regulations.
* Support and participate in the development of management and Board level reporting, including metrics on adherence to testing schedule, open/closed/delinquent testing action plans, and other items as directed.
* Develop effective relationships within Compliance and with other Bank stakeholders including Business process owners, external clients and Internal Audit function.
* Inform Compliance management of significant compliance matters that require their attention or action.
* Assist the Compliance Director with responding to regulatory agencies' requests for information as well as internal audit requests.
* Assist Compliance Governance to perform annual compliance risk assessments.
* Provide in-house training to address identified weaknesses.
* Serve as a compliance resource to Bank employees.
* Maintain up-to-date knowledge of consumer protection laws and regulations.
* Other compliance duties as assigned.
Minimum Experience
* 2-5 years of Bank Compliance monitoring & testing experience
* Bachelor's degree; Advanced degree a plus
* Certified Regulatory Compliance Manager (CRCM) designation a plus
Knowledge, skills and abilities:
* Knowledge and experience with Compliance monitoring and testing principles including planning, risk assessments, regulatory controls, operating effectiveness testing, and reporting activities;
* Proficiency in compliance and risk management principles, methodologies, and frameworks;
* Familiarity with risk management software and tools (e.g., GRC platforms);
* Excellent oral communication and writing skills in interacting with non-executives and executive management and across a number of business lines and control functions;
* Strong presentation skills, including the ability to present findings and recommendations to senior leadership;
* Proficient in MS Office applications (Excel, Word, PowerPoint)
* Knowledge of Federal Reserve, New York State Department of Financial Services and Consumer Financial Protection Bureau rules and regulations; Knowledge of banking regulations and regulatory frameworks, including but not limited to Dodd-Frank Act, and consumer protection laws;
* Deposit and commercial lending knowledge is a plus;
* Detail-oriented and organized, with the ability to manage multiple priorities and deadlines in a fast-paced environment; and
* Sound judgment and decision-making skills, with the ability to balance regulatory requirements with business objectives and risk considerations.
Potential Salary: $80k - $100k annually
This salary range reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law. Final offer amounts are determined by multiple factors including candidate experience and expertise and may vary from the amounts listed here.
Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
$80k-100k yearly Auto-Apply 28d ago
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Commercial Real Estate (CRE) Lending - Group Head
Metropolitan Bank Holding Corp 3.3
Metropolitan Bank Holding Corp job in New York, NY
Come work with us: Metropolitan Commercial Bank (the "Bank") is a full-service commercial bank based in New York City. The Bank provides a broad range of business, commercial, and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities, and local government entities.
Metropolitan Commercial Bank was named one of Newsweek's Best Regional Banks and Credit Unions 2024. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2023 by loan category and asset size for commercial banks with more than $1 billion in assets. Kroll affirmed a BBB+ (investment grade) deposit rating on January 25, 2024. For the fourth time, MCB has earned a place in the Piper Sandler Bank Sm-All Stars Class of 2024.
Metropolitan Commercial Bank operates banking centers and private client offices in Manhattan, Boro Park, Brooklyn and Great Neck on Long Island in New York State.
The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB).
Position Summary:
The CRE Lending Group Head will be responsible for developing new business, structuring, and closing commercial real estate loans. They will also be responsible for maintaining the existing portfolio of loans, and ensuring efficient operations of the Commercial Real Estate Department.
We have a flexible work schedule where employees can work from home one day a week.
Essential duties and responsibilities:
* Supervise the monitoring of existing commercial real estate portfolio to ensure compliance with covenants and credit committee requirements and early identification of potential problems.
* Ensure that lenders provide high quality customer service and response to customer inquiries including referrals for new business.
* Oversee daily review, approval, and disposition of uncollected and overdrafts, according to policy.
* Supervise the maintenance of credit facilities and their renewals for the entire Bank portfolio, as required.
* Source, develop, structure, and underwrite new commercial loans for new and current bank customers; develop credit proposals and make credit recommendations for Credit Committee approval. Prepare and maintain appropriate documentation in compliance with Credit Committee requirements.
* Ensure the efficient day to day operation of the Commercial Loan Department; manage administrative and lending staff; act, in the absence of the Chief Lending Officer, as Department Head; partner with the Chief Lending Officer on staffing and performance management.
Required knowledge, skills and experience:
* 15+ years commercial real estate lending; proven new business development; management experience
* Preferred experience in all asset classes including: multi-office, retail, hospitality, warehouse and construction
* Strong communication, negotiation and interpersonal skills
* Basic computer skills
* Financial acumen, banking and specific industry knowledge in areas of client concentration
Potential Salary: $275,000 - $325,000 annually
This salary range reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law. Final offer amounts are determined by multiple factors including candidate experience and expertise and may vary from the amounts listed here.
Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
$95k-118k yearly est. Auto-Apply 40d ago
Executive Assistant
Scotiabank Global Site 4.9
New York, NY job
Salary Range: 61,200.00 - 101,800.00
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.
Title: Executive Assistant
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!
Overview/Purpose
Contributes to the overall success of Global Banking & Markets (GBM) in the USA, ensuring specific individual goals, plans, 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
Provide confidential executive support including the following:
Submit manual monthly expenses with precision and urgency. Compiles receipts and prepares extensive expense reports for approval and payment, ensuring timely completion and proper client coding. Prepares and submits invoices to Accounts Payable for processing. Follows up with AP regarding outstanding items.
Prioritize client-facing work with competing internal demands managing the business
Maximize calendar efficiency for the team, creating productive schedules for the team while anticipating scheduling conflicts and clearly and concisely proposing alternative solutions
Manage complex and frequent domestic and international travel using Bank-supported travel booking portals and approval systems. Submit travel pre-approvals in internal systems, make arrangements for travel, planning meetings, calendar management, event planning.
Manage all meeting logistics, including invitations, technology requirements and catering and assist with document preparation for management and team meetings
Keep client databases (Salesforce) up-to date with appropriate client information
Answer phones and take messages as appropriate
Ensure smooth execution of the above while assessing outcomes for future reference
Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge. Act as a culture carrier, monitoring adherence to policies and escalating as required.
Provide input into developing and enhancing current processes and procedures.
Comprehend and adhere to administrative policies implemented globally.
Provide guidance and mentorship to more junior members of the Admin Team.
Use judgement and expertise to identify, resolve and escalate day-to-day administrative support, as required.
Establish sound business relationships by providing courteous and efficient assistance to both internal and external clients.
Actively pursue 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.
Champion a high performance environment and implement a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.
Perform other duties as required.
What You'll Bring
Post-secondary training in business administration or an equivalent combination of education and related experience
A minimum of 5 to 7 years of experience in a business administration support function, preferably within financial services industry
Extensive experience managing expenses
Strong technical skills and knowledge of MS Office 2010
Excellent coordination, organizational, time-management and work prioritization skills
Attention to detail, resourceful, and accountability in follow-up
Proactive approach to problem-solving and the ability to work independently to make decisions.
Communicates clearly, articulately and succinctly in both oral and written form, with the ability to communicate to all levels within the organization
Flexibility, high tolerance for change and an ability to learn quickly
Ability to handle sensitive materials under the pressure of last minute deadlines
Interested?
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): 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. 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.
Salary Range: 90,000.00 - 167,200.00
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, U.S. Treasury - Liquidity Reporting & Analytics - New York, NY
Global Transaction Banking
Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Small Business, Commercial and Corporate clients with effective treasury management solutions coupled with a best-in-class service model, making it easy for clients to do business with us.
As businesses build their digital capabilities and transform their operating models, their payment needs are evolving too. Boasting a unique global footprint, GTB's comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline and simplify payments, improve working capital performance, and mitigate financial risk.
At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization.
Join a purpose-driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose:
Contribute to the overall success of the U.S. Treasury team by supporting regulatory compliance, enhancing liquidity reporting and analytics, and executing strategic initiatives. This role is pivotal in strengthening the liquidity reporting framework and ensuring preparedness for Category III FBO requirements. The Associate will connect various facets of liquidity management, including payment flows across major currencies, and support the integration of new deposit and cash management products.
The Associate, U.S. Treasury - Liquidity Reporting & Analytics is expected to connect all facets of liquidity, through the following reports including but not limited to:
Daily Fed 6G / FR 2052a Reporting, Liquidity Coverage Ratio
Daily Liquidity Stress Test and Liquidity Buffer Impacts
Daily Cash Flow and EWIs Monitoring
Top Counterparty Reporting
FBO Tailoring Metrics
What You'll Do:
Provides oversight by reviewing daily liquidity reporting with product focus on Global Transaction Banking.
Supports the integration of any newly defined deposit and cash management products for U.S. Treasury.
Ensure report compliance with U.S. regulatory requirements such as Enhanced Prudential Standards (Regulation YY), Resolution Plans (Regulation QQ), and support with implementation of any required changes based on regulatory reporting standards and guidelines.
Assist with the U.S. Liquidity Reporting Framework to ensure production and delivery of complete, accurate and timely liquidity reports for meeting internal and regulatory needs.
Evaluate and identify the strategic roadmap for U.S. Treasury in analysis of Global Transaction Banking products by working closely with Enterprise and core Business Lines.
Anticipates and recommends Treasury solutions resulting from any new business initiatives, product trends or regulatory or risk issues.
Identifies any abnormalities in the data, investigates the root cause, and works with team members to resolve and develop management summaries of liquidity positioning, risk drivers and trends.
Contributes and participates in the resolution of items raised by regulatory, and internal and external compliance bodies by providing subject matter expertise on reporting content and processes.
Works and communicates with other stakeholders (2nd line and 3rd line) to identify, mitigate and/or resolve any issues related to U.S. Liquidity Reporting.
Provides preliminary oversight over deliverables by reviewing liquidity reporting with consideration to the Bank's risk appetite, including investigating any material variances.
Champions and thrives in a high-performance environment with other team members to ensure that overall team goals, objectives and timelines are met, supporting the development of Senior Analysts and sharing subject matter expertise as needed.
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:
Bachelor's degree in business, accounting, finance, mathematics or economics. A non-business degree combined with CFA or FRM would be acceptable.
4+ years of experience in financial services, focusing on treasury or liquidity risk. Alternatively, a master's degree with 3+ years of related experience.
Familiarity with reporting one or more of: Regulation YY or QQ compliance requirements covering FR 2052a report, Liquidity Coverage Ratio (LCR), Cash Flow Projections, Sources & Uses, Net Stable Funding Ratio (NSFR), Resolution Planning is an asset.
Working knowledge of assumption methodologies for Internal Liquidity Stress Testing (ILST) across different scenarios.
Exposure to automating reporting or analytical procedures with a programming ability in Python is strongly preferred.
Strong communication skills for discussions with management and different departments.
Interested?
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.
#GTB
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. 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.
$118k-165k yearly est. 60d+ ago
2027 Investment Banking Summer Analyst (LATAM Banking), New York City
Scotiabank Global Site 4.9
New York, NY job
Salary Range: 120,000.00 - 120,000.00
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.
2027 Investment Banking Summer Analyst ( LATAM Banking), New York City
June to August 2027
Location: New York City
Deadline to Apply: January 16th, 2026 at 11:59pm EST
Who We Are:
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, and foreign exchange. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.
The 2027 Investment Banking Summer Analyst Program at Scotiabank is designed to introduce undergraduate students to the stimulating and challenging career of investment banking involving debt and equity financings, mergers and acquisitions, financial advisory work and business development in several industry sectors. Intern Analysts will learn to perform complex financial analysis such as market comparisons, company valuations and pro-forma financial modeling. In addition, intern analysts prepare company and industry specific research to support financial valuations.
An analyst is typically involved in numerous deals and projects at the same time and will work with several senior group members concurrently. Balancing the requirements of multiple deal assignments and/or projects can be very demanding. The challenging nature of the work, combined with long hours at the office requires intense effort and dedication. Analysts must also be willing to work extended business hours, including weekends as required to meet multiple work deadlines.
About Our Team:
The role of the Latin America Investment Banking team is to advise corporate clients and financial sponsors globally on capital raising, investment or divestment of assets domiciled in Latin America. In this role, the investment banking team will interact with clients, transaction advisors, product groups across the Scotiabank platform and other third parties to successfully complete the transaction. The current focus of the team is equity capital markets and mergers & acquisitions, with substantial cross-border activity.
You will be tasked with supporting the team in various internal and client facing initiatives, and you will work on multiple pitches and/or mandates at the same time. You will have the opportunity to shadow an experienced analyst on the build up of a complex financial modeling in transaction execution and the intern will also have the opportunity to work on presentations as part of pitches as well as transaction execution. We are committed to offering you extensive opportunities for training, hands-on experience, and career advancement. Simply put, your future is our investment.
Key Accountabilities:
Generally supporting client pitches and deal execution efforts
Evaluating and analyzing the financial needs of corporate clients, including the development of financial models, marketing materials and presentations
Financial and written analysis of companies and industries, including the development of valuation models, pro-forma financial statements and comparable company analysis, etc.
Sourcing the data required to perform financial analysis
Drafting prospectuses and marketing presentations for transactions
Preparing client presentations
Applying product and capital markets knowledge to help clients achieve their financial objectives.
Skills & Requirements:
Undergraduate or graduate degree within Business, Economics, Accounting, Technology, Mathematics and related fields with anticipated graduation between December 2027 and July 2028
Proven record of outstanding achievement in academic and extracurricular activities
A clearly defined interest in Investment Banking
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
Demonstrated ability to quickly adapt to new situations
A strong sense of personal integrity and teamwork
A high level of energy and a keen desire to learn new concepts
Independent thinker and proven ability to make decisions
Internship Highlights:
You'll be part of a diverse, collaborative, innovative, and high-performing team.
In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
Exclusive student events such as Lunch & Learns, leadership panels, technical trainings, social events, and more!
Bank-wide internship orientation to learn more about Scotiabank and gain exposure to senior leadership across the global organization.
How to apply:
You must apply via the Scotiabank career portal and complete all steps outlined below to be considered for this position.
Fill out an application by clicking the “Apply” button.
Submit your resume as a single PDF when prompted.
Successful applicants will be contacted for next steps, including a video interview.
We thank all candidates for taking the time to apply; however only those candidates selected for an interview will be contacted. We do not offer any type of employment-based immigration sponsorship for this program. Likewise, Scotiabank will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit including optional practical training (OPT) or curricular practical training (CPT).
As Canada's Most International Bank, we are a leader when it comes to inclusion. We are a diverse and global team, speaking more than 100 languages with backgrounds from more than 120 countries. 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 us know. We will work with you to provide as seamless a recruitment experience as possible.
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. 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.
$86k-113k yearly est. 6d ago
FVP Associate General Counsel
Metropolitan Bank Holding Corp 3.3
Metropolitan Bank Holding Corp job in New York, NY
Come work with us: Metropolitan Commercial Bank (the "Bank") is a full-service commercial bank based in New York City. The Bank provides a broad range of business, commercial, and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities, and local government entities.
Metropolitan Commercial Bank was named one of Newsweek's Best Regional Banks and Credit Unions 2024. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2023 by loan category and asset size for commercial banks with more than $1 billion in assets. Kroll affirmed a BBB+ (investment grade) deposit rating on January 25, 2024. For the fourth time, MCB has earned a place in the Piper Sandler Bank Sm-All Stars Class of 2024.
Metropolitan Commercial Bank operates banking centers and private client offices in Manhattan, Boro Park, Brooklyn and Great Neck on Long Island in New York State.
The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB).
Position Summary:
The FVP Associate General Counsel serves as a strategic advisor and legal leader within MCB, working in close partnership with the General Counsel to guide the Bank's legal affairs and complex legal projects. This role provides high-level counsel to senior leadership and the Board, ensuring governance, regulatory compliance, oversight of the legal department operations and proactive risk management.
We have a flexible work schedule where employees can work from home one day a week.
Essential duties and responsibilities:
* Drafting, reviewing, and negotiating all forms of bank related service agreements, such as customer account opening documents, third party provider contracts, SLA's and NDA's
* Manage, including drafting and negotiating, a wide range of digital transactions, in support of the Bank's initiatives
* Advise on legal matters affecting the Bank, balancing legal risks with business objectives and ensuring compliance with applicable laws and regulations.
* Counseling and advising the Bank's business groups on complex legal issues that relate to transactions supporting new
* and existing products and platforms
* Provide day-to-day advice and counsel regarding management of new and existing business projects and operational challenges.
* Facilitate complex business transactions and strengthen best practices and good governance.
* Participate in the definition and development of Bank policies, strategies, and major initiatives.
* Provide strategic and ethical leadership and direction for legal matters involving regulatory and compliance issues.
* Coordinate with regulatory agencies and advise executive leadership in navigating a complex regulatory environment. Keep abreast of compliance/regulatory related changes and educate stakeholders on such changes.
* Maintain professional growth and development through seminars, professional affiliations, and other means to keep abreast of developments in legal matters affecting the Bank's activities and operations.
* Assist in leading, managing, and overseeing the attorneys and professionals within the General Counsel's office with an eye towards maintaining and enhancing the way legal services are provided to ensure support across all business lines and initiatives.
* Regularly evaluate and improve legal workflows, documentation standards, and operational efficiency, ensuring best practices are maintained.
* Perform other related duties as needed.
Required knowledge, skills and experience:
* Advanced degree in law or Juris Doctor (JD) degree from an accredited law school
* Over 10 years of legal experience, preferably in financial services or a corporate setting
* Experience with mergers and acquisitions
* Familiarity with industry-specific regulations
* Strong background in corporate governance
* Excellent negotiation skills
* Demonstrated leadership abilities
* Strong analytical and problem-solving skills
* Active member in good standing with the state bar
* In-depth knowledge of corporate law and regulatory compliance
* Excellent written and verbal communication skills
* Ability to manage multiple projects simultaneously
* Strong organizational and time-management skills
* High ethical standards and integrity
* Proficiency in legal research tools and software
* Ability to work collaboratively with cross-functional teams
Potential Salary: $260,000 - $290,000 annually
This salary range reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law. Final offer amounts are determined by multiple factors including candidate experience and expertise and may vary from the amounts listed here.
Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
$260k-290k yearly Auto-Apply 60d+ ago
AI Scientist
Metropolitan Bank Holding Corp 3.3
Metropolitan Bank Holding Corp job in New York, NY
Come work with us: Metropolitan Commercial Bank (the "Bank") is a full-service commercial bank based in New York City. The Bank provides a broad range of business, commercial, and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities, and local government entities.
Metropolitan Commercial Bank was named one of Newsweek's Best Regional Banks and Credit Unions 2024. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2023 by loan category and asset size for commercial banks with more than $1 billion in assets. Kroll affirmed a BBB+ (investment grade) deposit rating on January 25, 2024. For the fourth time, MCB has earned a place in the Piper Sandler Bank Sm-All Stars Class of 2024.
Metropolitan Commercial Bank operates banking centers and private client offices in Manhattan, Boro Park, Brooklyn and Great Neck on Long Island in New York State.
The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB).
Position Summary:
Metropolitan Commercial Bank (the "Bank") is seeking a VP-level Applied AI & Machine Learning Scientist to design, build, and validate production-grade AI/ML and Generative AI solutions in a highly regulated banking environment. This role focuses on high-impact use cases-fraud detection, AML alert optimization, AI-assisted credit memo generation for underwriting decision support, contact center AI assistant/copilots, and personalization for treasury/commercial clients-delivered with rigorous governance, explainability, fairness testing, privacy-by-design, cybersecurity, and model lifecycle controls aligned to SR 11-7 and MCB's Trustworthy & Responsible AI Principles. The role emphasizes Snowflake as the primary ML platform (e.g., Snowpark Python, UDFs/UDTFs, Tasks/Streams, and Snowflake-native ML).
We have a flexible work schedule where employees can work from home one day a week.
Essential duties and responsibilities:
Applied AI/ML development
* Design and implement models for fraud detection, AML alert scoring/triage, AI-generated credit memo drafting and underwriting decision support, contact center AI assistants, and personalization for commercial/treasury use cases.
* Leverage modern methods: Large Language Models (LLMs), Retrieval-Augmented Generation (RAG), embeddings and vector databases, transformers, boosting, anomaly/outlier detection, and classical ML.
* Embed explainability (e.g., SHAP, interpretable scorecards/monotonic models) and conduct pre-/post-deployment bias testing with documented remediation.
Model validation, documentation & governance (SR 11‑7)
* Produce audit-ready documentation (methodology, assumptions, data lineage, limitations, testing) and register models in the inventory with owners/materiality.
* Facilitate independent validation/effective challenge; obtain required approvals before deployment; maintain change management and periodic review cadence.
* Define monitoring, drift thresholds, retraining triggers, and safe rollback/kill-switch procedures; maintain human-in-the-loop checkpoints for high-impact decisions.
Productionization & MLOps on Snowflake
* Package, deploy, and operate models via CI/CD, containerization, and model registry; instrument KPIs/KRIs and alerting dashboards. Operate models natively on Snowflake using Snowpark Python, UDFs/UDTFs, Tasks/Streams, and secure external access where required.
* Partner with Engineering to integrate models via secure APIs/batch; ensure scalability, resiliency, and observability in cloud/on‑prem (e.g., Snowflake, Azure ML, Databricks).
Regulatory, privacy, and cybersecurity alignment:
* Design for ECOA/Reg B (adverse action specificity), UDAAP, FCRA, GLBA privacy, and NYDFS 23 NYCRR 500 cybersecurity requirements.
* Apply privacy-by-design (data minimization, purpose limitation, retention), strong access controls/segregation, and secure SDLC/red teaming for GenAI stacks.
Third‑party AI & data stewardship:
* Support due diligence, testing, and ongoing monitoring of vendor AI/data providers per SR 23‑4; evaluate conceptual soundness, fairness, and security.
* Negotiate/verify contractual controls (no vendor training on MCB/NPI, subprocessors disclosure, audit rights, exit/portability).
* Ensure AEDT compliance (NYC Local Law 144) for any HR-related AI tools.
Cross‑functional partnership:
* Collaborate with Model Risk, Compliance/Legal, Cyber/IT, Data Privacy, Internal Audit, and business owners to meet objectives while staying within risk appetite.
* Communicate complex results, risks, and limitations clearly to technical and non‑technical stakeholders (management committees, examiners).
Innovation, coaching, and best practices:
* Evaluate emerging ML/GenAI methods, LLM evaluation techniques, Snowflake‑native capabilities (e.g., vector search, orchestration), and governance tooling; lead POCs within established control gates.
* Mentor junior staff; promote responsible AI practices, documentation standards, and reproducibility.
Required knowledge, skills and experience:
* Master's or PhD in a relevant field (Computer Science, Machine Learning, Data Science, Statistics, etc.) is strongly preferred, especially with research or thesis work related to AI/ML, NLP, or model interpretability.
* Expertise in Python (pandas, scikit‑learn), deep learning (PyTorch/TensorFlow), NLP/LLMs, LangChain, embeddings/vector search, and classic ML.
* MLOps proficiency with CI/CD, containerization (Docker), registries, and observability; cloud ML (Snowflakes-native ML, Azure ML or Databricks preferred).
* Snowflake‑native ML proficiency: Snowpark Python, UDFs/UDTFs, Tasks/Streams; ability to build and operate ML workflows inside Snowflake.
* Data engineering competency (SQL, ETL/pipelines, Spark/PySpark); ability to work with structured/unstructured data.
* Explainability (e.g., SHAP) and fairness testing; ability to produce interpretable reason codes for ECOA/Reg B adverse actions as applicable.
* Strong grasp of SR 11‑7 lifecycle, model documentation, and operational monitoring within three lines of defense governance.
* Excellent communication; ability to translate technical detail to business/risk stakeholders and drive decisions.
* Curiosity and problem‑solving mindset; ability to balance innovation with disciplined risk management.
Preferred knowledge, skills and experience:
* Financial services domain experience (fraud risk, AML, underwriting, or commercial/treasury analytics).
* Hands-on with Snowflake ML/Snowpark (Python), Tasks/Streams, secure external functions; experience with feature management/registry tooling a plus. model registry and pipeline orchestration; Kubernetes a plus.
* RAG architectures, vector databases, prompt engineering, and LLM evaluation (accuracy, hallucination, safety).
* Fairness toolkits and XAI frameworks; experience preparing models for validation, audit, or regulatory exam discussions.
* Familiarity with SR 23‑4 (third‑party risk), NYC Local Law 144 (AEDT), NYDFS Part 500 (cyber).
* Ability to work in a constantly evolving environment
* Must have excellent written and verbal communication skills
* Must be a good listener and good teacher
* Demonstrate analytical, troubleshooting and problem-solving skills
* The ability to learn new technologies quickly
* Self-directed individual with technology and communication skills.
* Ability to take in multiple sources of information with an understanding of the bigger picture need, want, and operation of the Bank.
* Collaborative team-player who can find creative and practical solutions in a dynamic work environment.
* Ability to handle ambiguity, juggle multiple matters at once, and quickly and seamlessly shift from one situation or task to another.
Potential Salary: $130,000 - $200,000 annually
This salary range reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law. Final offer amounts are determined by multiple factors including candidate experience and expertise and may vary from the amounts listed here.
Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
$130k-200k yearly Auto-Apply 3d ago
Temp Technical Procedure Writer
Metropolitan Bank Holding Corp 3.3
Metropolitan Bank Holding Corp job in New York, NY
Come work with us: Metropolitan Commercial Bank (the "Bank") is a full-service commercial bank based in New York City. The Bank provides a broad range of business, commercial, and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities, and local government entities.
Metropolitan Commercial Bank was named one of Newsweek's Best Regional Banks and Credit Unions 2024. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2023 by loan category and asset size for commercial banks with more than $1 billion in assets. Kroll affirmed a BBB+ (investment grade) deposit rating on January 25, 2024. For the fourth time, MCB has earned a place in the Piper Sandler Bank Sm-All Stars Class of 2024.
Metropolitan Commercial Bank operates banking centers and private client offices in Manhattan, Boro Park, Brooklyn and Great Neck on Long Island in New York State.
The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB).
Position Summary:
A Technical Procedure Writer is responsible for creating and maintaining clear, concise, and accurate procedural documentation that guides employees and ensures compliance with industry standards. This role will be primarily focused on our retail branch operations. This position will be a 6-month temporary position with opportunity to revisit a permanent position after 6 months.
Essential duties and responsibilities:
* Develop and Write Procedures: Create detailed technical documents, including process instructions, safety protocols, and compliance guidelines that are easy to understand for all employees.
* Process reengineering: Contribute to redesigning business processes by identifying how tasks can be streamlined or automated.
* Collaborate with Teams: Work closely with project teams, subject matter experts, and regulatory bodies to gather information and ensure that procedures meet all necessary requirements.
* Review and Revise Documentation: Regularly update and maintain existing procedures to reflect changes in regulations, technology, or organizational processes.
* Ensure Compliance: Verify that all documentation adheres to relevant laws, regulations, and industry standards, including safety and quality requirements.
* Training and Support: Provide training and support to staff on new procedures and ensure that all employees understand and follow the documented processes.
Required knowledge, skills and experience:
* Education: A Bachelor's degree in Technical Writing, English, Communications, or a related field is typically required.3-5 years of relevant experience in technical writing or documentation is also valuable.
* Experience: Retail banking experience and has written technical documents, for Financial Services companies.
* Skills: Strong writing and editing skills, attention to detail, and the ability to communicate complex information clearly. Proficiency in documentation tools and software (e.g., MS Office, Adobe Acrobat) is essential.
* Technical Knowledge: Familiarity with industry-specific regulations and standards, as well as the ability to understand complex technical concepts.
* Project Management: Ability to manage multiple projects simultaneously and meet deadlines while maintaining high-quality
Potential Salary: $48.00/hour $53.00/hour
This salary range reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law. Final offer amounts are determined by multiple factors including candidate experience and expertise and may vary from the amounts listed here.
Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
$68k-90k yearly est. Auto-Apply 3d ago
Director, U.S. Loan Syndications - New York, NY
Scotiabank Global Site 4.9
New York, NY job
Salary Range: 260,000.00 - 260,000.00
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.
Title: Director, U.S. Loan Syndications - New York, NY
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!
Overview
This is an exciting opportunity to join a fast-paced, dynamic team as a Director within the U.S. Loan Syndications team. You will be responsible for providing expertise in origination, structuring and distribution of underwritten and arranged syndicated loans for Scotiabank's corporate and project finance clients.
What You'll Do:
Identify and execute Lead Arranger mandates for current and prospective clients by collaborating with colleagues from Investment Banking and Corporate Banking coverage teams.
Lead the team's origination efforts through the preparation of customized pitchbooks, client proposals and general-purpose marketing material.
Develop optimal financing structure tailored to specific client needs while considering both internal and broader market appetite and conditions.
Lead deal team on Left Lead and underwritten mandates ensuring seamless execution from origination to closing.
Oversee the preparation of Confidential Information Memoranda, Lender Presentations and other marketing materials for Lead Arranger transactions.
Manage all aspects of live deal syndications from investor outreach to assisting with participant lender due diligence items and credit questions.
Contribute to the Bank's credit approval process through the preparation of underwriting memoranda that evaluates structure, pricing and other terms as well as market receptivity for new transactions.
Monitor syndicated loan market trends and maintain ongoing contact with bank and institutional investor market participants.
Build effective relationships with internal stakeholders, issuers and loan investors.
Mentor and train junior team members, fostering their professional growth and development.
What You'll Bring
Bachelor's degree from an accredited university in finance, accounting, or related field. MBA/CPA/CFA or other industry designation is a plus.
8 - 10 years of experience in Investment Banking, Loan Syndications or Capital Markets-related field.
Accounting knowledge and experience in credit analysis required.
Proven ability to successfully win mandates and serve client relationships.
Deal execution skills, including the ability to manage multiple live transactions and initiatives at once.
Demonstrated experience negotiating credit documentation.
Project finance experience is a plus.
Established network across other loan syndication desks and knowledge of active syndicated loan market participants.
Considerable initiative, creativity, attention to detail and good judgement are necessary.
Self-starter and ability to operate in a high energy environment.
Excellent written and oral communication skills.
Interested?
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): 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. 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.
$111k-154k yearly est. 41d ago
Business Solutions Expert, Global Equity Technology & Quantitative Trading Solutions
Scotiabank 4.9
New York, NY job
Salary Range: 120,900.00 - 231,400.00
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.
Buisness Solutions Expert, Global Equity Technology & Quantitative Trading Solutions
Purpose
To provide responsive operational support for Institutional Trading Desk front office systems. The incumbent is responsible for assisting in conducting analysis leading to the definition of requirements, design, testing, project coordination and implementation processes. The successful candidate will also assist in the resolution of complex business problems for Sales and Trading Business units for Equity, Convertible Bonds, and Options and other business lines being serviced. The incumbent is also responsible for participating in projects for new systems or enhancements, working with development personnel, and participating as a team member in Agile scrums. The candidate will work with other technology groups and vendors, and provision of ongoing support for all users in the supported business lines.
Accountabilities
Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Provide responsive operational support which includes troubleshooting existing and new functionality, the incumbent must also contact the appropriate vendor for assistance in determining corrective action to be taken as well as participate and manage the activities of the vendor to ensure satisfactory results have been achieved.
Assist in resolving complex, multi-faceted problems to meet the system needs of the Institutional Trading Desks and their internal and external customers, by applying your business and technological knowledge to analysis, defining user requirements, design and implementation of systems solutions. This may involve rapid prototyping, with requirements and solutions developed on an iterative basis that provides interim deliverables until a final production solution is created.
Determines the best approach for eliciting, analyzing, validating, and prioritizing requirements to ensure that the necessary information is captured from the relevant stakeholders to address the business needs
Builds, sustains, and leverages relationships with individuals within his/her area of immediate responsibility when gathering, validating, and approving requirements to establish a comfort level in managing relationships and understanding business needs and assurance that a quality result will be delivered
Collaborate with business partners, including senior management, to define business objectives, process, and requirements. Within the context of the project, collaborates on and sometimes leads discussions with business partners to better understand the business environment, to determine potential impacts on the project scope and objectives.
Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
Actively pursues effective and efficient operations of their 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.
Champions a high performance environment and contributes to an inclusive work environment.
Dimensions
No direct reports
US, Canada, UK, Ireland, Latin America
Financial dimensions (e.g., capital budget, annual project cost, operating budget, etc.)
Number of projects / Number of systems
Regulatory bodies and special requirements
Edudcation & Experience
University degree and 3-5 years' experience in an Equity trading environment.
Series 7/63 is desirable
The incumbent must have possess strong troubleshooting and problem solving skills with the ability to work under pressure while keeping up-to-date with new technology solutions for our trading business.
The incumbent must have knowledge of the following:
Trading Floor style support
Experience in high-paced environments
Eperience with supporting Order Management Systems, especially Fidessa
Equity Trading Knowledge
Exposure to Listed Options Trading
The incumbent must possess good oral and written communication skills for the purpose of providing reports to management and effectively communicating with the user community
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. 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.
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.
$105k-127k yearly est. 36d ago
Associate, Structured Credit (CLO) Banking
Scotiabank Global Site 4.9
New York, NY job
Salary Range: 155,000.00 - 185,000.00
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.
Title: Associate, Structured Credit (CLO) Banking
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:
Scotia is seeking an Associate CLO banker for its structured credit group. The group will be focusing on both broadly syndicated and middle market CLOs. This banker will help build this business and be responsible for cultivating direct relationships for the bank enabling us to further source and develop opportunities.
What You'll Do:
Structure and execute new issue CLO transactions with a broad range of issuers and investors across the credit spectrum, including broadly syndicated loan CLOs and middle market / private credit CLOs.
Negotiate and structure CLO warehouses and lending facilities, working closely with external counsel, rating agencies as well as internal legal, risk and credit teams.
Partner closely with syndicate, sales, trading, and capital markets teams across the organization to help educate, develop, and advise clients on the CLO market.
What You'll Bring:
Bachelor's degree
Minimum 1.5 years to 2+ years of CLO Banking, lending, structuring and/or collateral management experience across broadly syndicated loans and/or direct lending / middle market, private credit assets.
Client focused mindset with strong interpersonal skills. Well qualified candidates should have a successful track record of working on CLO transactions.
Strong communication and relationship management skills are a must along with effective written communication abilities.
Ability to manage priorities and work under pressure to meet deadlines in a well-organized and detail-oriented manner with a pragmatic approach to problem solving through strong quantitative skills.
Creative, and strategic thinker with a client-focused mindset who can identify and analyze potential opportunities in an everchanging market environment.
Team player with the ability to manage priorities and work under pressure to meet deadlines while collaborating within a team and across organizational boundaries.
Adherence to all controls processes and procedures
Full working knowledge of:
CLO Rating Agency models and methodologies
Intex Calc and Intex DealMaker
Strong Word, Excel, PowerPoint and Bloomberg skills
Series 7, 79 and 63
Interested?
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): 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. 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.
$124k-174k yearly est. 60d+ ago
Director of Total Rewards
Metropolitan Bank Holding Corp 3.3
Metropolitan Bank Holding Corp job in New York, NY
Come work with us: Metropolitan Commercial Bank (the "Bank") is a full-service commercial bank based in New York City. The Bank provides a broad range of business, commercial, and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities, and local government entities.
Metropolitan Commercial Bank was named one of Newsweek's Best Regional Banks and Credit Unions 2024. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2023 by loan category and asset size for commercial banks with more than $1 billion in assets. Kroll affirmed a BBB+ (investment grade) deposit rating on January 25, 2024. For the fourth time, MCB has earned a place in the Piper Sandler Bank Sm-All Stars Class of 2024.
Metropolitan Commercial Bank operates banking centers and private client offices in Manhattan, Boro Park, Brooklyn and Great Neck on Long Island in New York State.
The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB).
Position summary:
The Director of Total Rewards is responsible for designing and delivering the banks total rewards strategy that attracts, motivates and retains talent. The Director of Total Rewards will develop and manage the full spectrum of compensation, benefits, executive awards, and wellbeing ensuring alignment with business strategy, market competitiveness, and our culture and values. This position reports to the Chief Human Resources Officer.
We have a flexible work schedule where employees can work from home one day a week.
Essential functions and responsibilities
* Develops and leads the Total Rewards strategy in partnership with the Chief Human Resources Officer
* Ensures programs are market competitive, cost-effective, equitable, and aligned with business priorities, talent strategy and culture
* Serves as a trusted advisor to the CEO, Board of Directors and senior leadership on executive compensation, pay equity, and total reward trends
* Develops compensation modeling and analyses for budgeting, forecasting and management reporting
* Oversees all compensation programs, including job leveling, total compensation structure, short- and long-term incentives, equity programs, and executive compensation
* Leads the annual compensation review cycle, ensuring fairness, compliance and alignment to performance outcomes
* Partners with the Compensation Committee on executive pay strategy, disclosures and governance best practices
* Directs the design and administration of health and wellness programs, retirement, insurance and leave policies
* Serves as administrator of the 401k plan, which includes addressing the day-to-day activities of the plan, including but not limited to 401k committee participation and working with vendors and auditors for 5500 preparation
* Leads the wellness strategy on physical, social, mental, and financial health
* Manage all Leaves of Absence processes including FMLA, Parental Leave, Medical and other statutory/state leaves, serving as primary liaison with leave and disability vendors
* Oversees payroll processing, ensuring accurate, compliant and timely payments, audits and reporting
* Ensures compliance with ERISA, ACA, COBRA, FMLA, ADA, HIPPA, and other applicable regulations
* Other duties as assigned.
Knowledge, skills and abilities:
* Bachelor's degree in Business, Finance, Human Resources or related discipline.
* 10+ years of relevant compensation and benefit experience within the banking or financial services industry.
* Proven ability to influence at the highest levels of the organization and with the board of directors
* Experience building an overall total rewards program in a regulatory environment
* Experience in a publicly traded organization
* Demonstrated experience leading compensation programs across multiple business lines
* Strong knowledge of compensation practices, governance, wellbeing program design and delivery strategies
* Expertise in managing payroll processes
* Exceptional analytical skills with the ability to interpret complex data for strategic recommendations
* Experience interacting with the CEO, executive level leadership and the Board of Directors
* Excellent verbal and written communication skills.
* Excellent interpersonal and negotiation skills.
* Excellent organizational skills and attention to detail.
* Excellent time management skills with a proven ability to meet deadlines.
* Strong analytical and problem-solving skills.
* Strong supervisory and leadership skills.
* Ability to adapt to the needs of the organization and employees.
* Ability to prioritize tasks and to delegate them when appropriate.
* Thorough knowledge of employment-related laws and regulations in multiple states
* Proficient with Microsoft Office Suite or related software.
* Proficiency with or the ability to quickly learn the organization's HRIS and talent management systems.
Potential Salary: $200,000 - $225,000 annually
This salary range reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law. Final offer amounts are determined by multiple factors including candidate experience and expertise and may vary from the amounts listed here.
Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
$200k-225k yearly Auto-Apply 53d ago
Director, Prime Services Risk (in-business)
Scotiabank Global Site 4.9
New York, NY job
Salary Range: 300,000.00 - 300,000.00
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.
Title: Director, Prime Services Risk (in-business)
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!
Overview
Manage risk for the US Prime Services platform. This role is within the business, which has experienced rapid growth recently. This role will support the continuing expansion of the business.
What You'll Do
Specific responsibilities include:
• Analysis of counterparty risk across a variety of client types, with a focus on hedge funds
• Sales support: assist the sales force by discussing margin and risk appetite with clients; analyze prospective client portfolios and provide margin analyses; work with internal groups to get credit approval
• Negotiate risk- and margin-related legal terms with clients; work with internal and external counsel on margin lockup agreements
• Coverage: day-to-day coverage of the margin process for clients on the US PS platform; answer client inquiries about margin
• Work with the firm's independent risk management function to manage market, credit, liquidity, and operational risk
• Design and improve risk, margin, and control reports for clients and management; write business requirement documents and create report prototypes for IT; work with IT on implementation and validation; work with the product development team to manage and prioritize tasks
• Monitor client and business line credit limits and utilization- work with internal groups to manage limit breaches
• Develop and refine procedures
• Support senior management with ad hoc queries and audits
Coverage may also include the repo desk, so experience in repo markets or with structured credit products is also a plus.
What You'll Bring:
Requirements
• Background in prime brokerage risk
• Understanding of equity markets
• Comfort with quantitative concepts
• Excellent communication skills, both written and oral
• Proficiency with Microsoft Excel
• Proficiency with Bloomberg, including Excel API
Desired Skills/Experience
• Proficiency with VBA and/or Python
• Proficiency with Microsoft Access and/or SQL
• Familiarity with security pricing models (options, converts, bonds) and/or risk modeling (VaR, stress-testing)
• Knowledge of US securities law and margin concepts (such as Securities Act of 1933, Securities Exchange Act of 1934, Investment Company Act of 1940, Regulation T, Regulation U, FINRA 4210)
• Series 7 & 63 licenses
• Experience with structured credit products including CLOs, ABSs, and MBSs is not required but is a plus
Interested?
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): 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. 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.
$138k-187k yearly est. 15d ago
Credit Underwriter (CRE)
Metropolitan Bank Holding Corp 3.3
Metropolitan Bank Holding Corp job in New York, NY
Come work with us: Metropolitan Commercial Bank (the "Bank") is a full-service commercial bank based in New York City. The Bank provides a broad range of business, commercial, and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities, and local government entities.
Metropolitan Commercial Bank was named one of Newsweek's Best Regional Banks and Credit Unions 2024. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2023 by loan category and asset size for commercial banks with more than $1 billion in assets. Kroll affirmed a BBB+ (investment grade) deposit rating on January 25, 2024. For the fourth time, MCB has earned a place in the Piper Sandler Bank Sm-All Stars Class of 2024.
Metropolitan Commercial Bank operates banking centers and private client offices in Manhattan, Boro Park, Brooklyn and Great Neck on Long Island in New York State.
The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB).
Position summary:
The Credit Underwriter (AVP) is responsible for undertaking and presenting robust credit risk analysis in support of relationship-led loan requests from our Commercial Real Estate (CRE) team. The role will focus on CRE (e.g. Multi-Family, Mixed-Use, Office, Industrial, Retail, Hospitality, Charter Schools, Construction) with an emphasis on transitional loans, leading underwriting for straight forward loans and with senior support provided for the more complex transactions.
We have a flexible work schedule where employees can work from home one day a week.
Essential functions and responsibilities:
* With limited supervision, undertaking financial and credit risk analysis for borrowers and guarantors in a timely manner; including financials, projections, global cash flows, REO schedule, industry/market, structure, and terms.
* Demonstrating understanding of credit risks and mitigants, presenting analysis and risk rating recommendation clearly and concisely in risk focused credit proposals for submission to the FVP Credit/Deputy CCO for review.
* Analyze third party appraisals, challenge appraiser assumptions and sensitize in your credit analysis.
* Work closely and proactively with Lending Officers throughout the transaction process, ensuring financials are complete, accurate and received in a timely manner. Attend client meetings and/or site visits as appropriate.
* In partnership with the Lending Officers, ensure all credit related questions from the approval authority are addressed efficiently and effectively.
* Undertake annual review of loans ensuring performance in line with plan. Escalate any performance concerns, covenant issues and/or proposed risk rating downgrades.
* Willingness to develop good understanding of compliance, regulations, and the Bank's commercial lending policies.
* Assisting in the completion of various monthly, quarterly or ad hoc reports as necessary.
* Assisting in gathering information required by Bank examiners and internal audit.
* Undertake ad hoc credit risk projects with limited oversight.
Knowledge, skills and abilities:
* Bachelor's degree in Business, Accounting or Finance; or equivalent experience
* Minimum 3 years in credit related field, preferably in a banking environment
* Strong analytical / financial modeling skills
* Excellent written and verbal communication skills
* Good interpersonal skills; work collaboratively and with integrity with key internal and external stakeholders.
* Strong team player with desire to grow and assume additional responsibilities.
* Working knowledge of all MS Office Suite products and appetite to learn core database management programs
Potential Salary: $110k - $130k annually
This salary range reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law. Final offer amounts are determined by multiple factors including candidate experience and expertise and may vary from the amounts listed here.
Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
$110k-130k yearly Auto-Apply 39d ago
AI Engineer
Metropolitan Bank Holding Corp 3.3
Metropolitan Bank Holding Corp job in New York, NY
Come work with us: Metropolitan Commercial Bank (the "Bank") is a full-service commercial bank based in New York City. The Bank provides a broad range of business, commercial, and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities, and local government entities.
Metropolitan Commercial Bank was named one of Newsweek's Best Regional Banks and Credit Unions 2024. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2023 by loan category and asset size for commercial banks with more than $1 billion in assets. Kroll affirmed a BBB+ (investment grade) deposit rating on January 25, 2024. For the fourth time, MCB has earned a place in the Piper Sandler Bank Sm-All Stars Class of 2024.
Metropolitan Commercial Bank operates banking centers and private client offices in Manhattan, Boro Park, Brooklyn and Great Neck on Long Island in New York State.
The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB).
Position Summary:
Metropolitan Commercial Bank (the "Bank") is seeking a VP-level AI/ML Engineer to deploy AI solutions at enterprise scale, with a strong emphasis on Large Language Model (LLM) applications and modern MLOps & AIOps practices. This role sits at the intersection of data science and software engineering, reporting to the manager of the IT Application Development and Support team and working closely with the Chief Artificial Intelligence Officer, transforming innovative AI prototypes into robust, scalable production systems. The AI/ML Engineer will lead the deployment of high-impact AI capabilities (e.g., generative AI systems, personalization engines, automation tools) and ensure scalable AI platforms that deliver real-world value. The role also includes designing, constructing, and maintaining the Bank's AIOps solution, with Snowflake as the primary ML platform (e.g., Snowpark Python, UDFs/UDTFs, Tasks/Streams, and Snowflake-native ML).
We have a flexible work schedule where employees can work from home one day a week.
Essential duties and responsibilities:
Production Architecture & AIOps:
* Establish and enforce architecture standards for production AI systems, including data pipelines, model serving infrastructure, and real-time inference services.
* Implement AIOps/MLOps pipelines for CI/CD of ML models, model governance, monitoring, and lifecycle management.
* Design and maintain scalable software applications with integrated AI/ML capabilities.
* Develop software architecture and design patterns to ensure performance and scalability.
* Write clean, maintainable code in general-purpose programming languages (Python, Java, C, C++, Go).
* Implement and manage data pipelines for preprocessing and transforming data for AI/ML models.
* Integrate AI/ML models into production environments and optimize for reliability and scalability.
* Apply Site Reliability Engineering (SRE) principles and implement monitoring and alerting solutions.
* Conduct code reviews and provide technical guidance to junior developers.
* Stay current with advancements in software engineering and AI/ML technologies.
* Adhere to agile and lean software development best practices.
* Thoroughly document all developed models and processes according to relevant policies and standards.
* Support the production environment by either resolving technical or functional issues, in line with the procedures defined by the Bank.
Cross-Functional Collaboration:
* Partner with data scientists, AI scientists, product managers, data engineers, DevOps, and business stakeholders to operationalize AI algorithms.
* Mentor or train teams and coordinate between research-oriented AI scientists and engineering teams to continuously improve models with production feedback.
Scaling & Performance:
* Ensure AI solutions perform at scale, handling thousands of daily inferences with low latency and high reliability.
* Optimize model serving using techniques like model compression, caching, and hardware acceleration.
* Implement robust monitoring and alerting for model performance to detect and address degradation (e.g., drift, latency issues).
Scaling & Performance:
* Ensure AI solutions perform at scale, handling thousands of daily inferences with low latency and high reliability.
* Optimize model serving using techniques like model compression, caching, and hardware acceleration.
* Implement robust monitoring and alerting for model performance to detect and address degradation (e.g., drift, latency issues).
Required knowledge, skills and experience:
* LLM & GenAI Mastery: Expert in building and deploying LLM-based applications using RAG, prompt engineering, and vector databases. Skilled in LLMOps tools (LangChain, LlamaIndex) and fine-tuning models for enterprise use, including agent-based architectures.
* MLOps & Cloud Infrastructure: Proficient in cloud ML platforms (AWS, GCP, Azure) and MLOps workflows. Uses Docker, Kubernetes, and IaC tools (Terraform, CloudFormation) for scalable deployments. Experienced in CI/CD, real-time inference, GPU optimization, and ML observability (Prometheus, Grafana, MLflow).
* Full-Stack Development: Capable of building end-to-end AI solutions, from front-end (React) to back-end APIs (Flask, FastAPI, Node.js). Skilled in integrating ML models with databases (SQL, NoSQL) and delivering seamless user experiences through robust software engineering.
* Proficient in Python (pandas, scikit-learn), deep learning (PyTorch/TensorFlow/Keras), NLP/LLMs, LangChain, embeddings/vector search, and classic ML.
* Experienced with Snowflake-native ML (Snowpark Python, UDFs/UDTFs, Tasks/Streams).
* Competent in data engineering (SQL, ETL/pipelines, Spark/PySpark) and handling large structured/unstructured datasets.
* Strong understanding of AI/ML algorithms, application architecture, and design patterns.
* Excellent problem-solving, analytical, communication, and collaboration skills.
Preferred knowledge, skills and experience:
* Financial services domain experience (fraud risk, AML, underwriting, or commercial/treasury analytics).
* Hands-on experience with Snowflake ML/Snowpark (Python), Tasks/Streams, secure external functions, and feature management/registry tooling.
* Familiarity with fairness toolkits, XAI frameworks, and preparing models for validation, audit, or regulatory exams.
* Knowledge of SR 23‑4 (third‑party risk), NYC Local Law 144 (AEDT), NYDFS Part 500 (cyber).
* Ability to work in a constantly evolving environment.
* Excellent written and verbal communication skills.
* Strong listening and teaching abilities.
* Demonstrated analytical, troubleshooting, and problem-solving skills.
* Quick learner of new technologies.
* Self-directed with strong technology and communication skills.
* Ability to synthesize multiple sources of information and understand the broader operational context of the Bank.
* Collaborative team player with a practical and creative approach in a dynamic work environment.
* Ability to handle ambiguity, multitask, and adapt quickly to changing priorities.
Potential Salary: $130,000 - $200,000 annually
This salary range reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law. Final offer amounts are determined by multiple factors including candidate experience and expertise and may vary from the amounts listed here.
Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
$130k-200k yearly Auto-Apply 60d+ ago
Senior Manager, U.S. Leveraged Finance Credit Risk
Scotiabank Global Site 4.9
New York, NY job
Salary Range: 117,400.00 - 224,700.00
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.
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
The position is responsible for managing U.S. Leveraged Finance and Non-Investment Grade credit risks, which may include, but is not limited to, the following industry groups: technology, healthcare, and general commercial & industrial.
The candidate will:
Provide support for the bank's developing leveraged finance business that effectively balances the time-sensitive, urgent needs of individual deals and broader business considerations;
Help refine and implement a U.S. leveraged finance credit risk management framework, including the bank's risk appetite, to ensure that Scotiabank's expansion into non-investment grade is conducted in a safe and sound manner;
Assess proposed leveraged finance transactions and monitor the overall underwriting portfolio and the portfolio of held loans; and
Report to Director, US Non-Investment Grade Credit Risk Management and will work closely with the U.S. Head of Non-Investment Grade Credit Risk, to present leveraged finance credit risk management considerations to senior management;
What You'll Do
Assess proposed non-investment grade financing transactions and monitor the overall underwriting portfolio and the portfolio of held loans.
Critically reviewing individual deals including but not limited to financial modeling/forecasting, reviewing EBITDA and adjustments, capital structure, syndication issues, and risk / reward tradeoffs and make credit decisions within delegated authority or recommendations to senior management regarding credit approvals and declines;
Ensure that all credit adjudications and daily practices adhere to Bank policies and procedures.
Critically review and produce reports on the syndication book and aged underwritings to ensure the bank's portfolio is aligned with its risk appetite and / or identify issues for escalation to senior management and the Board of Directors;
Partnering with the business to ensure day-to-day business activities are conducted within the bank's risk appetite and to manage the alignment of the bank's U.S. strategy, risk appetite and risk culture.
Driving a customer focused culture that deepens client relationships and leverages broader Bank relationships, systems and knowledge;
Contribute to a team in a high-performance environment while fostering an inclusive work culture with effective and efficient operations of his/her respective areas in accordance with Scotiabank's Values, its Code of Conduct and other policies.
Assist in the training and development of junior members of team.
Effectively communicate with senior management, head office and the relevant Risk Committees to ensure proper risk management and sound corporate governance across the SBUS operations.
Assist with, internal audits, regulatory reviews, and projects.
What You'll Bring
In depth leveraged finance and non-investment grade credit risk expertise;
Strong knowledge and understanding of US regulatory leveraged lending considerations and issues;
Experience making timely, sound risk judgements, and succinctly communicating with senior management;
Experience preparing and presenting leveraged finance and non-investment grade credit risk management issues to senior management; and
At least 5-7 years of progressively higher levels of credit risk related responsibility
The successful candidate will also be an excellent communicator and relationship builder who:
Understands how to bring the best out of his / her teams by complementing their existing skills
Has a strong proficiency in balancing competing or conflicting goals of various departments / countries / stakeholders via adopting a mature, diplomatic approach and using highly developed negotiation and influencing skills;
Effectively liaises with key internal stakeholders, industry participants, and regulatory bodies. The candidate must have a Bachelor's degree in a related discipline. A Master's degree, a recognized professional designation in a specialized area of finance or business, or equivalent, is an asset
Interested?
If your experience is closely related but doesn't align perfectly with every qualification, we do 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. 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): 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. 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.
$125k-165k yearly est. 60d+ ago
Senior Manager, Business Risk Management U.S. GTB
Scotiabank Global Site 4.9
New York, NY job
Salary Range: 117,400.00 - 231,400.00
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.
Senior Manager, Business Risk Management - U.S. Global Transaction Banking
Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Small Business, Commercial and Corporate clients with effective treasury management solutions coupled with a best-in class service model, making it easy for clients to do business with us.
As businesses build their digital capabilities and transform their operating models, their payment needs are evolving too. Boasting a unique global footprint, GTB's comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline and simplify payments, improve working capital performance, and mitigate financial risk.
At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization.
Join a purpose-driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose:
Senior Manager, Business Risk, contributes to the overall success of the front office/business controls for U.S. Global Transaction Banking strategies and objectives. Providing supervisory support and devotes time learning subject matter expertise in the products and services offered by Scotiabank U.S. GTB business. Assist to ensure all activities conducted are in compliance with governing regulations, internal policies and procedures.
Provides leadership, guidance and ultimate accountability to ensure business controls are monitored and implemented across U.S. GTB to drive business outcomes. This role will also oversee BAU activities along with projects to provide necessary guidance and expertise to ensure successful delivery. The role provides consultative guidance to business partners and mentorship to junior team members.
Accountabilities:
Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge;
Lead self-identification of control gap activities / potential risks across all products (Deposits, Cash Management & Payments, Commercial Cards, Trade Finance and Working Capital Solutions) and functions for U.S. Global Transaction Banking;
Owner for implementation of control gaps with support from Product Owners and Functions. Require ongoing tracking and monitoring.
Lead governance forums with risk groups, business and internal controls to review overall health of the business;
Support Internal Controls in completing compliance risk assessments (e.g., RCSA, CRCA, Risk ID, Scenario Analysis) and identify processes, risks, controls and corresponding ratings;
Evaluate impact on operational risk management from changes resulting from business expansion into new geographies, new products and services, organic business growth, system changes/new implementation, regulatory requirements;
Participate in the collation of information required by regulators and internal audit to facilitate the latter's examinations/reviews;
Review regulatory and audit findings and work with business product owners to formulate responses;
Experience in multiple, Cash Management, Global Transaction Banking Businesses (trade finance, term deposits, payments, liquidity management, DDA accounts with multi-currency support, correspondent banking, Spot FX, etc.);
Knowledge in the operational aspects, compliance and business matters for various transactional / payment business lines including payments such as, FED wires, SWIFT, CHIPS, Domestic ACH, International ACH (IAT), Lockbox, and checks;
Understanding of regulatory requirements related to some of the more complex U.S. Cash Management, GBP Deposits and Services, such as 15c3-3;
Understanding of regulatory requirements related to some of the more complex U.S. Treasury services, such as Capital and Liquidity Requirements, Basel III, FRTB, Regulation D and Regulation W;
Point person for front office business on operational/process, risk and compliance issues with the ability to communicate with senior personnel on detailed issues in business;
Drive analyses of operational risk events (losses, gains and near-misses) to ascertain underlying causes and formulate action plans to address process breakdowns;
Assist the business in coordinating and performing timely review of new transactions, products, and/or methods for effectuating transactions;
Monitor adherence to related controls designed to manage risk and compliance; for example, but not limited to, limit breaches, market abuse, fair dealings with clients, auctions and compliance with regulatory requirements;
Collaborate with Compliance and Risk Groups in supervisory reviews (e.g. Regulation D, Regulation W, Liquidity Portfolios Risk Review, etc.) through same-day and T+1 monitoring;
Lead and develop monthly oversight reports, including trend analysis, for delivery to and discussion with the respective head traders/business line heads;
Directs day-to-day activities in a manner consistent with the Bank's risk culture and the relevant risk appetite statement and limits. Communicates the Bank's risk culture and risk appetite statement throughout their teams.
Creates an environment in which his/her team 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.
Education & Experience:
University degree required, MBA preferred
Experience in Finance is an asset
8+ years of experience in Finance or related fields;
In-depth understand of the Bank's operations and controls, including knowledge of organization and infrastructure
Strong knowledge in Global Transaction Banking (Deposits, Payments (Payables & Receivables), Liquidity Management, Commercial Cards, Trade Finance and Working Capital Solutions)
Strong written and verbal communication skills, ability to guide decision making process and facilitate consensus;
Strong leadership and project management experience
Proven ability to learn and handle multiple priorities in a challenging work environment
Ability to lead people and provide directions to achieve a common goal to drive a business outcome
Ability to identify business problems by looking at underlined processes and operations
Interested?
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.
#GTB
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. 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.
$128k-165k yearly est. 60d+ ago
Associate, U.S. Treasury - Liquidity Reporting & Analytics
Scotiabank Global Site 4.9
New York, NY job
Salary Range: 90,000.00 - 167,200.00
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, U.S. Treasury - Liquidity Reporting & Analytics - New York, NY
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:
Support the U.S. Treasury - Liquidity Reporting & Analytics team for Scotiabank to ensure regulatory compliance, prepare and enhance liquidity reporting & analytics, achieve data integrity, and execute U.S. Treasury strategy. This role is crucial in supporting the Bank's growth efforts, strengthening the existing liquidity reporting framework and ensuring preparedness for Category III FBO requirements.
The incumbent is also expected to connect various facets of liquidity management including payment flows as related by all major currencies, through the following reports including (but not limited to):
Daily Fed 6G / FR 2052a Reporting, Liquidity Coverage Ratio
Daily Liquidity Stress Test and Liquidity Buffer Impacts
Daily Cash Flow and EWIs Monitoring
Top Counterparty Reporting
FBO Tailoring Metrics
What You'll Do:
Ensure report compliance with U.S. regulatory requirements such as Enhanced Prudential Standards (Regulation YY), Resolution Plans (Regulation QQ), and support with implementation of any required changes based on regulatory reporting standards and guidelines.
Actively participate in developing the U.S. Liquidity Stress Testing (LST) program and enhance methodologies for changing market conditions, new business initiatives, and evolving regulatory expectations
Assist with the U.S. Liquidity Reporting Framework to ensure production and delivery of complete, accurate and timely liquidity reports for meeting internal and regulatory needs
Provides preliminary oversight over deliverables by reviewing liquidity reporting with consideration to the Bank's risk appetite, including investigating any material variances.
Identifies any abnormalities in the data, investigates the root cause, and works with team members to resolve and works with other team members to develop management summaries of liquidity positioning, risk drivers and trends
Contributes and participates in the resolution of items raised by regulatory, and internal and external compliance bodies on reporting content and processes.
Deliver actionable insights through ad-hoc analytics and reporting as requested by senior management.
Works and communicates with other stakeholders (2nd line and 3rd line) to identify, mitigate and/or resolve any issues related to U.S. Liquidity.
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:
Bachelor's degree in business, accounting, finance, mathematics or economics. A non-business degree combined with CFA or FRM would be acceptable.
4+ years of experience in financial services, focusing on treasury or liquidity risk. Alternatively, a master's degree with 3+ years of related experience.
Working knowledge of assumption methodologies for Internal Liquidity Stress Testing (ILST) across different scenarios.
Familiarity with reporting one or more of: Regulation YY or QQ compliance requirements covering Liquidity Coverage Ratio (LCR), Cash Flow Projections, Sources & Uses, Net Stable Funding Ratio (NSFR), Resolution Planning is an asset.
Exposure to automating reporting or analytical procedures with a programming ability in Python is strongly preferred.
Strong communication skills for discussions with management and different departments.
Interested?
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): 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. 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.
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. 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.
$118k-165k yearly est. 60d+ ago
Associate Director/Director Mortgage Analytics Model Developer/Quant
Scotiabank 4.9
New York, NY job
Salary Range: 225,000.00 - 300,000.00
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.
Job Title: Associate Director/Director Mortgage Analytics Model Developer/Quant
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!
Overview:
Lead the development, governance, and production of models, analytics, and risk metrics for Scotiabank's Whole Loan Mortgage and RMBS trading products. The role requires strong technical knowledge of mortgage products, modern model development practices, and the ability to interface with senior stakeholders across Risk, Trading, and Technology.
What You'll Do:
Internal Risk and Valuation
Develop / maintain models that accurately capture exposures and risk metrics for internal risk reporting (including DV01, CS01, VaR, P&L attribution, and scenario-based sensitivities)
Ensure outputs are scalable and flexible enough to interface with Risk Management and Back Office within Scotiabank's reporting infrastructure and support automated reporting workflows
Work closely with Technology to ensure accuracy and integrity of data across models and analytics feeds
Support valuation and control processes across RMBS and whole loans including price verification and periodic calibration
Regulatory Compliance and Reporting
Collaborate with broader Analytics team to meet regulatory compliance and reporting requirements
Support the Model Risk Management team on inventory, validation, documentation, and review of models in accordance with regulatory standards and internal model risk governance
Collaborate with risk teams on the implementation of stress testing including regulatory-prescribed and internally developed stresses
Analytics and Pricing
Partner with trading desk to develop processes and analytics for pricing, stress testing, and scenario analysis
Monitor exposure to credit, prepayment, interest-rate, and structural risk factors in whole loan and RMBS portfolio
Provide analytics on portfolio performance and offer insights on optimizations (hedging efficiency, pricing adjustments, and relative-value opportunities)
Provide analytics and insights from market data (prepayment, delinquency, geographic performance trends, loan feature performance attribution analysis, etc.)
What You'll Bring:
Deep Expertise: 5+ years of experience in Non-Agency Mortgage modeling and analytics, with strong technical knowledge of mortgage products and modern model development practices.
Quantitative Rigor: Proven ability to design, validate, and maintain models that support risk management, valuation, and regulatory compliance.
Integration Mindset: Experience embedding model outputs into risk and regulatory reporting infrastructure, ensuring accuracy and scalability across systems.
Collaborative Approach: Ability to partner effectively with Trading, Risk, and Technology teams to deliver actionable analytics and insights.
Entrepreneurial Drive: A builder's mindset-excited by the opportunity to shape a new business line, establish best practices, and create robust analytics from the ground up within a well-capitalized, globally recognized institution.
Interested?
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): 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. 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.
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.
$114k-156k yearly est. 32d ago
Associate, Corporate Banking, Structuring and Execution, FIG
Scotiabank Global Site 4.9
New York, NY job
Salary Range: 145,000.00 - 165,000.00
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.
Title: Associate, Corporate Banking, Structuring and Execution, US Financial Institutions
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!
Overview/Purpose:
Responsible for handling or providing assistance on all credit-related activities including completing credit presentations, negotiating loan documentation, updating systems with key credit details, adhering to internal policies and procedures, and monitoring industry trends. Work closely with the sector team to provide customized financial solutions to clients and manage client relationships. 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 clients
Provide day to day support, which includes:
Analyze, process, and execute credit requests
Research credit and bank product requirements of existing and prospective clients
Structure, analyze, and perform due diligence to facilitate prompt execution of transactions that vary in complexity
Develop recommendations for the appropriate course of action based on analysis, internal credit policies/procedures, and the Bank's risk appetite
Review loan documentation and update internal systems with pertinent transaction/facility details and conduct regular monitoring of credits/client relationships via annual and quarterly reviews
Provide day to day account management support for a number of client relationships and ensure credit files, agreements, and security documents are complete and up to date
Expand on sector/industry and Bank product knowledge to identify trends and cross-selling opportunities within sector
Lead and facilitate client onboarding for various products
Assist with various ad-hoc tasks including conducting industry reviews, validating/providing internal compliance documentation, update internal reports for management
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) and 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
Actively contribute to a high performance and inclusive work environment
What You'll Bring:
The ability to manage multiple projects simultaneously with competing deadlines while maintaining a high standard of work
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
Flexible to demands of work and viewed as a valuable team resource
Assist with client relationship management and contribute to cross-sell activities
Undergraduate degree in Business, Finance, Accounting, or equivalent
Master's degree, MBA, CFA, or other relevant professional designation/experience
Proficient industry knowledge, particularly industry-specific (fund finance, subscription finance) products.
Demonstrate ability to lead the underwriting process and close transactions independently
Strong written and verbal communication skills
Financial modelling skills and accounting knowledge
Strong computer skills including the use of MS Office, Excel, Word, PowerPoint
Superior organization skills
Maintain a professional approach in all client interactions
High attention to detail with a sense of urgency appropriate to the situation
Strong time management skills and driven to achieve timelines and goals
Obtain and maintain required FINRA registration and licensing appropriate to your functions and responsibilities
Interested?
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): 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. 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.
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Metropolitan Bank may also be known as or be related to Metropolitan Bank and The Metropolitan Bank.