Associate - Investment Banking, Financial Sponsors Group NY

Position: Associate - Investment Banking, Financial Sponsors Group  NY
Requisition

Salary Range:
- 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 - Investment Banking, Financial Sponsors Group - 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!

Role Overview

The Associate will support execution across M&A, leveraged finance, and sponsor-backed transactions while contributing to relationship management for private equity clients in the Financial Sponsors Group. The role involves financial modeling, transaction structuring, due diligence, and preparation of client materials, while also helping develop Analysts and supporting senior bankers.

What You'll Do:

Support & Execution

* Support Associate Directors, Directors and MDs in evaluating and executing leveraged finance and sponsor-backed transactions.

* Analyze capital structures, financing terms, and market precedents to identify opportunities for clients.

* Lead components of underwriting and approval processes, including transaction overviews, cash flow modeling, and syndication assessments.

* Participate in due diligence sessions, assess credit risks, and review quality-of-earnings analyses.

* Review financing documentation (commitment letters, fee letters, credit agreements, offering memoranda) and summarize key terms.

Financial Analysis & Materials Development

* Build and maintain detailed financial models, with emphasis on LBO and cash flow modeling.

* Prepare high‑quality pitch books and client materials, including new content for business development.

* Track leveraged credit markets and create client‑friendly analyses of market conditions.

Team Leadership & Collaboration

* Work closely with Analysts and Associate Directors to support senior coverage bankers.

* Provide coaching and guidance to Analysts and junior talent across GBM.

* Coordinate with internal partners across leveraged finance, ECM, credit/risk, underwriting, and sales & trading.

Operational Excellence

* Ensure compliance with internal policies, regulatory requirements, and risk management standards.

* Contribute to a high‑performance, inclusive culture.

What You'll Bring:

* 2+ years of investment banking experience, preferably at the associate level, ideally in financial sponsors or leveraged finance.

* Bachelor's or Master's degree.

* Strong financial modeling skills, including LBO modeling and underwriting memo preparation.

* Deep understanding of U.S. leveraged loan and high‑yield markets.

* Excellent communication skills and proficiency in Excel and PowerPoint.

* High attention to detail, adaptability, and ability to manage multiple priorities.

* Ability to obtain and maintain required FINRA registrations.

Interested?

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