Job Information
The Bank Of Nova Scotia Director, Esoteric ABS Structuring in New York, New York
The Bank of Nova Scotia seeks Director, Esoteric ABS Structuring in New York, NY to drive a customer-focused culture throughout their team to deepen client relationships and leverage broader bank relationships, systems, and knowledge. Master’s degree or foreign equivalent in Finance or a related field and four (4) years of experience in the job offered or related occupation: analyzing Collateral Data Tapes to create stratification tables, replines, performance data, and tie out numbers with accountants and issuers utilizing CAS tool; evaluating new transaction collateral and rating agency criteria to determine most efficient bond structure; utilizing Intex DealMaker and Excel/VBA to optimize capital structures with targeted bond sizing and credit enhancements, which pass rating agency stresses, and provide best execution; negotiating enhancement levels and performance triggers with rating agencies to achieve desired ratings, including working with agencies on new asset classes to help develop methodologies; running and tying-out collateral strats, replines, ysoc, pricing cashflows, and credit risk retention (CRR) with accountants; reviewing deal documents for completeness and work with lawyers to make required changes; and answering investor structural questions and facilitating their internal credit committee requests. 10% travel required nationally/internationally. FINRA Series 63 required. FINRA Series 7TO required. Telecommuting and/or working from home may be permissible pursuant to company policies. When not telecommuting, must report to work site. Offered salary is between $300,000 and $300,000 per year. 40 hours per week.Please apply directly through our website https://www.scotiabank.com/careers by searching for Director, Esoteric ABS Structuring & indicate job code MD031225SWA
Minimum Salary: 300,000 Maximum Salary: 300,000 Salary Unit: Yearly