Director, Equity Sales Trader; Global Banking & Markets; New York, New York

Company: Scotiabank
Location: New York
Posted on: March 25, 2025

Job Description:

Title: Director, Equity Sales Trader; Global Banking & Markets; New York, New YorkRequisition ID: 217427Salary Range: 300,000.00-300,000.00Please 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 MarketsGlobal 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 Director, Equity Sales Trader will contribute to the overall success of the U.S. Equities business, based in New York, ensuring specific individual goals, plans, initiatives are executed/delivered in support of the team's business strategies and objectives. The incumbent will ensure all activities conducted are in compliance with governing regulations, internal policies, and procedures. The goal is to partner with Scotiabank GBM clients to ensure great outcomes, which will enable the US Equities franchise to grow. You will maintain and build our client platform in US equities by working closely with our partners across research, trading, prime finance, algorithmic trading, equity derivatives, and ECM.What You'll Do

• Responsible for generating equity commissions by giving quality advice and high-touch coverage to GBM clients covered by our franchise, in a compliant fashion
• Work with equity clients to help find liquidity solutions on block trades and ECM/Corporate transactions
• Produce notes/content from the trading desk, while leveraging our firm's research and analyst recommendations
• Prospect for new opportunities, to bring new clients/relationships into GBM
• Leverage knowledge of US/Latam/Canadian equities and trading products to identify client opportunities within the broader equities franchise, resulting in increased revenues
• Leverage Buy Side relationships to uncover new revenue streams. This would include exploring synergies across business areas within GBM and translating product knowledge on both new and existing lines of business
• Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge
• Collaborate with GBM team members to develop other bespoke trading products; For example, EES, options, custom equity baskets, etc.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions
• 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 contribute to an inclusive work environmentWhat You'll Bring
  • Series SIE, 7, 57, 63
  • 10+ years of experience in a similar role
  • Buy Side and/or Sell Side experience required
  • Strong working knowledge of Equities, Electronic Trading, Equity Research, Financing and Balance Sheet, Securities Lending and Swaps
  • Knowledge of Regulatory guidelines that pertain to the US equity business is requiredInterested?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 CityScotiabank 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.
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Keywords: Scotiabank, New York , Director, Equity Sales Trader; Global Banking & Markets; New York, New York, Executive , New York, New York