City : Toronto

Category : Business and Financial Operations

Industry : Financial Services/Banking

Employer : Scotiabank

Requisition ID: 254080 

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

Purpose

Contributes to the overall success of the Managed Portfolio Program / Investment & Advisory Solutions / Scotia Wealth Management in Canada 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.

Accountabilities 

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Conduct daily review of trades to ensure they adhere to program policy regarding commissions.
• Conduct daily review of option trades to ensure they are within program policy. 
• Complete regular supervision tasks including, monthly suitability review of Investment Policy Statements for Trust accounts, checks for US resident accounts, reviewing simple discretionary accounts and 10% early warning report.
• Ensuring continues the team operates efficiently by modifying or creating news tools and processes, including writing and maintaining VBA macros to automate repetitive tasks.
• Support the team’s oversight responsibilities by generating quarterly RFA spreadsheets, tracking all violations till closure and ensuring IPS approvals are within SLA.
• Document and track policy exceptions granted by Supervising Portfolio Manager(s).
• Work closely with the Charles River team to ensure successful data uploads and timely resolution of system errors.
• Work closely with the Senior Manager to support PM/APM applications, including assisting the Registrations Department with required documentation.
• Liaise with Charles River and PA360 team to implement continuous process improvements.
• Prepare and finalize supporting documents for meetings and presentations to assist advisors with policy changes and program updates.
• Process IPSs alongside analysts to ensure timely and accurate completion.
• Support PA360 team with portfolio risk analysis, including monthly IPS data update to PA Helpdesk.
• Conduct oversight responsibilities by tracking CR daily violations until closure for APMs.
• Coordinate analysts daily/weekly/monthly tasks accordingly and escalate where applicable.
• Monitor the shared inbox to ensure field queries are addressed promptly and accurately. 
• Provide portfolio construction support to Portfolio Managers, including assisting teams with creating and maintaining model portfolios. 
• Coordinate resolution of issues identified during daily IPS approvals and quarterly portfolio reviews and escalate where applicable.
• Support border program initiatives as required. 
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of their 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. 
• Champions a high-performance environment and contributes to an inclusive work environment. 

Education / Experience 

• Post-secondary degree.
• Canadian Securities Course (CSC).
• Advanced experience writing VBA macros for Excel. 
• Experience working effectively with discretionary licensed Wealth Advisors.
• Experience with portfolio management and trading systems (Charles River, Broadridge).
• Enrollment in CFA program (completion of CFA level 3 is preferred).
• Experience with Power BI preferred.

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.