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Equity Investment Associate Director

3 months ago


Ottawa, Ontario, Canada Scotiabank Full time

Requisition ID: #

Become part of a purpose-driven and high-achieving team that values inclusivity and results.

Position: Associate Director, Roynat Equity Partners, Canadian Banking

Roynat Equity Partners ("REP") is dedicated to fostering growth and generating wealth for established mid-market private enterprises by offering patient private equity capital, strategic guidance, and extensive networking opportunities to Canadian entrepreneurs. With a robust capital base exceeding $300 million and a national presence, REP is committed to supporting mid-market firms in their growth journeys and business objectives. Our investment structures are adaptable to partner needs, encompassing common equity, preferred equity, and convertible debt. REP operates as a division of Roynat Inc., a wholly owned subsidiary of Scotiabank.

Role Overview

Reporting to a Director of REP located in Toronto/Ottawa, the Associate Director is instrumental in executing and overseeing private equity and venture capital fund investments.

The Associate Director's responsibilities include providing continuous support through financial modeling, evaluating potential investment opportunities, conducting market analysis, assisting with due diligence, drafting investment summaries, and managing general account administration. This role includes shared support from a Senior Associate and Analyst.

Key Responsibilities:
  1. Provide effective and precise support to Roynat Equity Partners through:
    1. Financial Analysis: take ownership of analyzing financial data presented by potential and existing portfolio funds.
    2. Market Evaluation & Prospecting: proactively identify, research, and recommend potential investment opportunities in collaboration with the REP team, providing accurate data to back recommendations.
    3. Investment Committee Documentation: lead and manage investment submissions and related documentation on behalf of the investment team in consultation with the Director.
    4. Due Diligence Support: assist in all aspects of the due diligence process.
    5. Transaction Coordination: collaborate with internal and external stakeholders to ensure seamless transaction closures.
    6. Portfolio Oversight: monitor assigned accounts, conduct portfolio analytics, cash forecasting, and risk assessments; review financial statements promptly to identify and address deteriorating situations with actionable solutions.
  2. Enhance productivity and service at Roynat Equity Partners by:
    1. Managing internal reporting and review activities for private equity and venture capital fund investments.
    2. Ensuring that REP reports and communications are completed accurately and in a timely manner.
    3. Collaborating effectively with internal and external stakeholders.
    4. Assisting the Director and Managing Director in achieving investment objectives and policies.
    5. Performing additional duties as assigned by the Director.
  3. Support new business development and marketing initiatives:
    1. Maintain a comprehensive pipeline of prospects and potential deals using the firm's CRM system and various sources.
    2. Establish and nurture industry relationships and centers of influence to generate ongoing deal flow.
Qualifications:
  1. Minimum of 5 years of experience in private equity or venture capital fund investments and portfolio management; an undergraduate degree is required.
  2. Professional designations such as CFA, CA/CPA, CBV, or a Master's degree in business/economics are advantageous.
  3. Completion of ILPA certification is mandatory.
  4. Strong accounting skills and relevant experience.
  5. Advanced financial modeling capabilities.
  6. In-depth knowledge of institutional investment principles and practices.
  7. Proficiency in MS Office applications – Word, PowerPoint, Excel.
  8. Analytical mindset with strong valuation, due diligence, and research skills.
  9. Exceptional written and verbal communication abilities.
  10. Capacity to manage multiple projects under pressure and meet tight deadlines.
  11. Able to work independently and collaboratively within a high-performance culture.

#IN-CB

Scotiabank is a leading financial institution in the Americas. Guided by our purpose: "for every future", we assist our clients, their families, and communities in achieving success through a wide array of financial products and services, including personal and commercial banking, wealth management, private banking, corporate and investment banking, and capital markets.

At Scotiabank, we appreciate the unique skills and experiences each individual contributes to the organization and are committed to fostering an inclusive and accessible environment for all. If you require accommodation during the recruitment process, please inform our Recruitment team. For technical assistance, please click here. Candidates must apply online to be considered for this role. We appreciate all applicants' interest in a career at Scotiabank; however, only those selected for an interview will be contacted.

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