Summer Associate positions are currently available in our New York office within the following industry groups: Power, Real Estate, Diversified, Private Equity Sponsorship Coverage, Municipal Finance, Asset Back Finance, and Corporate Finance & Distribution.

The Summer Associate will work in Corporate Banking with Directors in structuring and negotiating credit transactions and cross-selling derivatives, equity capital market instruments, precious and base metals and foreign exchange. The Summer Associate provides support in the development of business with prospect companies and the maintenance/enhancement of relationships with existing accounts. The Summer Associate has two major roles: to strengthen the existing relationships by providing high quality account administration and to assist in developing new business through the analysis and structuring of transactions.

The Summer Associate position requires financial, accounting, and computer skills (financial modeling) along with excellent written and oral communication skills. Prior banking and/or credit experience is required. This is a complex and demanding environment requiring considerable initiative, creativity and good judgment. A high level of energy, commitment, and a strong sense of teamwork are needed to succeed. The position faces constant deadlines and clients looking for decisions in short time frames. Accordingly evening and weekend work is often required.

Job Responsibilities:

• Support the management of an existing loan portfolio by conducting annual reviews and quarterly reviews on high-risk accounts.
• Analyze credit risk and prepare presentations for Corporate Credit Committee.
• Negotiate credit terms and documentation with Corporate Credit, creditors and other banks.
• Assist in analyzing, preparing, and presenting analysis of optimal capital structures for Fortune 500 entities and other major corporations.
• Assist the portfolio manager in identifying and providing Bank services (i.e. credit, interest rate and foreign exchange hedging, and international trade finance) to existing corporate customers and prospects.
• Industry analysis and other special projects.

If you are interested in a career at Scotia Capital in one of our U.S. offices, please send us your resume, a cover letter and a copy of your most recent transcript to our mailing address:

Scotia Capital - Human Resources
1 Liberty Plaza, 24th Floor
New York, NY 10006
Or apply electronically to: christopher_campbell@scotiacapital.com.

Applicants with valid US Work Permit status are preferred. We thank all applicants and wish to advise that only candidates selected for interviews will be contacted.