Requisition ID: 235223

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

Director, Commodities Origination (Metals) – Toronto, ON

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!

Purpose

Contributes to the overall success of the Commodity Derivatives team in North America with a focus on Base and Precious Metals Origination.  This will be achieved by ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures. 

What You’ll Do:

• Lead the origination process with clients, including onboarding new relationships (Credit, Documentation, Regulatory), engaging regularly to share market insights, identifying new opportunities, and executing transactions
• Partner with Corporate and Investment Banking Relationship Managers to expand the client base and cross-sell Global Banking and Markets (GBM) and broader bank capabilities
• Support stakeholder engagement through presentations and approvals of hedging facilities
• Monitor industry developments, including market conditions, competitor practices, and regulatory changes, ensuring timely response and alignment with evolving requirements
• Contribute to strategic planning, continuously refining and supporting the global strategy and business objectives of the Commodity Derivatives team
• Foster a high-performance culture, implementing a people strategy that attracts, retains, and develops talent. Promotes an inclusive work environment, communicates vision and strategy, and manages succession and development planning

• Build and maintains strong relationships with global sales, trading, and strategy teams to identify and pursue new business opportunities
• Consider the Bank’s risk appetite and risk culture in day-to-day decisions and activities, ensuring adherence to internal policies—including the Code of Conduct—as well as all relevant regulatory and compliance requirements

What You’ll Bring:

• Undergraduate degree required (preferably in a related discipline such as Finance, Economics, and Business). Advanced degree or CFA designation is an asset
• 5+ years of experience in commodity derivative structuring and origination
• Strong product knowledge and understanding of financial markets
• Proficiency in Excel and PowerPoint required
• High level of integrity and commitment to compliance
•  

Work Arrangement:

This position is currently an onsite role, with the expectation that you will work 4-5 days a week in the office. Please note that this is subject to change based on the needs of the business.

#LI-Onsite #GBM2025 #GCM2025

Interested?

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.

Scotiabank is a CFTC registered swap dealer and SEC registered security-based swap dealer and hence any role that engages in these activities is required to be an Associated Person in accordance to the Bank's policy. 

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. If you require technical assistance, please click here. 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.