At a Glance
- Tasks: Drive client relationships and manage hedge fund coverage in a dynamic banking environment.
- Company: Join Scotiabank, a leading bank in the Americas with a commitment to inclusivity.
- Benefits: Competitive salary, professional development, and a supportive work culture.
- Other info: Opportunity for career growth and collaboration across global teams.
- Why this job: Make a real impact in a fast-paced, results-driven environment while building valuable connections.
- Qualifications: Experience in trading, strong interpersonal skills, and relevant certifications required.
The predicted salary is between 43200 - 72000 £ per year.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose
Contributes to the overall success of the Prime Services business in region and globally, ensuring specific individual goals, plans and initiatives are executed and delivered in support of the team's business strategies and objectives.
Accountabilities
- Member of the regional hedge fund coverage team (synthetic & cash), ensuring business strategies, plans and initiatives are executed and delivered in compliance with governing regulations, internal policies, risk limits, and procedures.
- Understands how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Client management in relation to pricing, trading, corporate actions/hedging, risk, spread and dividend management working in partnership with key stakeholders including credit, risk management, product control, tax, senior management, and operations.
- Drives a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
Dimensions
- Ability to hit client and revenue targets while managing risks within authorized limits and tax guidelines.
- Meaningful, returns focused, revenue generation through client facilitation, inventory management, collateral, funding and liquidity efficiencies.
- Promote a proactive client facing, data-driven, collaborative, and global approach.
- Regional product responsibility for trading, dividend exposure, corporate action and regulatory compliance.
- Promote Scotiabank throughout the securities finance market and position Scotiabank for long-term opportunities and growth; build and maintain focused relationships in conjunction with key stakeholders, other business lines, and regions.
- Actively cross sell within Prime Services and other areas of the bank; liaising with relationship managers to improve the profitability of existing relationships.
- Communicate and work effectively with management at all levels within GBM and with relevant support groups; TFRM, Treasury, GWO and across GBM business units.
Education / Experience
- Regional qualifications and certifications for trading and supervisory (PRA/FCA/FINRA/FRB/OSFI etc).
- Strong understanding of macro and micro market demand factors.
- Experience in client facing equity cash and derivative trading.
- Strong Interpersonal/relationship skills.
- Degree / CFA or similar business qualification or equivalent work experience.
Working Conditions
- Work in a standard office-based environment; non-standard hours are a common occurrence.
- The position is in a pressurized and results driven environment.
- Client meetings can often be required outside of working hours.
- Limited/moderate travel domestically and internationally.
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 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.
Associate Director/ Director, Hedge Fund Coverage, Prime Services, Global Banking & Markets in London employer: Scotiabank
Scotiabank is an exceptional employer that fosters a purpose-driven and inclusive culture, making it an ideal place for professionals in the financial sector. Located in the vibrant city of London, employees benefit from competitive salaries, comprehensive growth opportunities, and a collaborative environment that encourages innovation and client-focused solutions. Join a high-performing team where your contributions directly impact the success of the Prime Services business and where you can thrive in a dynamic global market.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Director/ Director, Hedge Fund Coverage, Prime Services, Global Banking & Markets in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in hedge funds or related areas. A friendly chat can lead to insider info about job openings that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand Scotiabank's values and how they align with your own. This will help you show that you're not just a fit for the role, but for the team too!
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills in client management and trading can drive results for Scotiabank. Tailor your examples to highlight your experience in risk management and revenue generation.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our winning team at Scotiabank.
We think you need these skills to ace Associate Director/ Director, Hedge Fund Coverage, Prime Services, Global Banking & Markets in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Associate Director/Director in Hedge Fund Coverage. Highlight relevant experience and skills that align with the job description, especially around client management and trading.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Use it to showcase your understanding of the hedge fund market and how you can contribute to our team's success at Scotiabank.
Showcase Your Achievements:Don’t just list your responsibilities; we want to see your achievements! Quantify your successes where possible, like revenue targets met or client relationships built, to demonstrate your impact.
Apply Through Our Website:Remember to apply directly through our website! This ensures your application gets to the right place and helps us keep track of all candidates efficiently. We can't wait to see what you bring to the table!
How to prepare for a job interview at Scotiabank
✨Know Your Numbers
Make sure you’re well-versed in the key metrics and financial indicators relevant to hedge fund coverage. Brush up on your understanding of pricing, trading, and risk management as these will likely come up during the interview.
✨Showcase Client Management Skills
Prepare examples that highlight your experience in client-facing roles, especially in equity cash and derivative trading. Be ready to discuss how you've deepened client relationships and driven revenue generation in previous positions.
✨Understand the Regulatory Landscape
Familiarise yourself with the governing regulations and compliance requirements that impact the Prime Services business. Being able to discuss how you’ve navigated these in past roles will demonstrate your readiness for the position.
✨Demonstrate a Collaborative Mindset
Be prepared to talk about how you’ve worked effectively with various stakeholders, such as credit, risk management, and senior management. Highlighting your ability to cross-sell and collaborate across different business lines will show you’re a team player.
