Associate, Global Capital Markets Banking (12-Month Contract)- Toronto

💰 ₹18,000 - ₹28,800 (Est.) 📍 Toronto

Job Description

Requisition ID: 2236+8

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


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
Contribute to the overall success of Global Banking and Markets globally ensuring specific individual goals, plans, 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:

Starting with more basic clients, manage a very active portfolio of GCM clients, including preparing credit presentations, annual reviews, and new client requests for a portfolio of financial institutions, including hedge funds, proprietary trading firms, credit firms, CLOs, banks (money centre and regional), asset managers, broker dealers, governments, central banks/supranationals, clearers/depositories and other FIs.
Manage numerous interim requests in a timely manner to support business units, including increases, reallocations and business justifications.
Working with Managing Director and Directors on complex credit and transactions and provide support when necessary.
Liaise with trading desks, as well as Documentation, Legal, Onboarding, Regulatory, Client Data Analytics, Credit Risk, and Market Risk teams in order to fulfill client requests. Team members within the group often act as the primary service contacts for onboarding, credit execution and maintenance of client relationships.
Support GCM in meeting its key target profitability metrics, including NIAT, ROE, RORC and RoRWA.
Oversight of the negotiation and review of documentation for related transactions (incl. ISDA for derivatives, swaps, GMRA/MRA for repo / reverse repo agreements, MSLAs for securities lending, MSFTAs for TBAs, prime brokerage agreements, long form confirmations) and onboarding of accounts for BNS, SCI, SBE and SCUSA.
Responsible for monitoring industry developments and supporting new business products / initiatives as required.
Be exposed to most business of GCM, particularly those that require credit lines for their clients. Desks include Prime Services, CMF, FX, FICC (rates), commodities, structured credit, and also non-GCM Businesses such as Treasury, GTB, International Banking and Wealth Management. Opportunity to learn various aspects of these businesses as well as gain exposure to new business growth areas.

What You'll Bring:

3+ years or relevant work experience, MBA and/or a CFA.
Solid understanding of financial institutions and traded products, market risk concepts, and trading product and loan documentation (ISDA/CSA, GMRA, loan agreements etc.).
Excellent verbal presentation and written communication skills.
High quality worker that installs positive culture within the team and is proactive looking for ways to assist others or help to develop efficiencies on the team. Ability to perform under pressure and meet tight deadlines.

Work Arrangement:
This position is currently an on-site role, with the expectation that you will work at least 4 days a week in the office. Please note that this is subject to change based on the needs of the business.


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.


#GCM2026


Location(s): Canada : Ontario : Toronto

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. 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.

💡 Quick Summary

Seeking a career-building opportunity? The Associate, Global Capital Markets Banking (12-Month Contract)- Toronto position is now open for candidates interested in the Bank Jobs sector. This role in Toronto offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.

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Job Details

Company Name: Scotiabank

Frequently Asked Questions

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The expected salary for Associate, Global Capital Markets Banking (12-Month Contract)- Toronto in Toronto is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Associate, Global Capital Markets Banking (12-Month Contract)- Toronto is an on-site position based in Toronto. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Associate, Global Capital Markets Banking (12-Month Contract)- Toronto. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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