Director, Equities - 10-Month Contract

Requisition ID: 194261
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Job Purpose

Contributes to the overall success of the Global Portfolio Advisory Group and the office of the Global Wealth Management Chief Investment Officer by ensuring specific individual goals are accomplished in support of the team's business strategies and objectives. Ensures all activities comply with governing regulations and internal policies and procedures.

Leads a team responsible for managing equity recommendations and the performance of the GPAG equity guided portfolios. The team's mandate spans Canadian, U.S., and international stocks. The incumbent will contribute to GPAG's tactical asset allocation decisions and is responsible for providing timely and holistic equity investment advice to Scotia Wealth Management investment advisors.

Key Accountabilities

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Lead equities portfolio management by overseeing the equity team and helping team members manage positions in the Scotia Wealth Management equity guided portfolios. Accountable for portfolio performance and ensuring positions adhere to GPAG's equity selection criteria. Review rationales for updates/changes to these portfolios and share information with all GPAG members to aid in portfolio management. Design, build and maintain models and dashboards, both fundamental and technical, used in the equity selection process. Fulfill portfolio performance reporting requirements.
• Contribute to the effective functioning of the equities team via input to written publications including daily notes and weekly, monthly, and quarterly reports. Review research from a variety of sources and stay abreast of capital market developments, news, and industry trends with a view to communicating relevant findings through the advisor channel. Build effective working relationships across the equity team and with various business line and corporate function contacts.
• Regularly support Scotia Wealth Management investment advisors. Help Scotia Wealth Management advisors manage individual client accounts (conduct client portfolio reviews) and attract new business (create portfolio proposals). Oversee equity team members' responses to ad hoc advisor requests. Educate advisors about the service offering(s) of the equity team. Participate in branch visits, conference calls, and client presentations.
• Maintain a high level of customer service while facilitating a culture of open and honest communication. Actively participate in and contribute to equity and GPAG team meetings and encourage the generation of new ideas and approaches. Actively share knowledge and experience to enhance the development of all GPAG team members.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions. Ensure the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, Anti-Money Laundering/Anti-Terrorism Financing (AML/ATF) risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, and the AML/ATF Global Handbook.
• Champion a high performance environment and implement a people strategy that attracts, retains, develops and motivates equity team members by fostering an inclusive work environment
• Communicate GPAG's vision/values/business strategy and manage succession and development planning for the equity team.

Functional Competencies

• Strong leadership and relationship building skills
• Demonstrated ability to make timely and informed decisions
• Adept multi-tasker with solid project management skills
• Ability to integrate and translate strategic and tactical thinking into deliverables
• Innovative problem solver
• Excellent interpersonal skills - experience working with Wealth Advisors considered an asset
• Proficient PC user with advanced knowledge of Bloomberg, Excel, Word, PowerPoint, and FactSet
• Exceptional written and presentation skills
• Understanding of industry compliance regulations considered an asset
• Professional integrity

Education/Experience

• 10+ years of experience in capital markets, preferably in equity portfolio management
• Post-secondary degree required (Commerce or Business Administration degree preferred).
• CFA charter holder or candidate for the designation preferred.
• Sound knowledge of financial industry investment disciplines and processes.
• Strong knowledge of equity portfolio management with a demonstrated aptitude for managing risk (e.g. commodity, currency, interest rate, liquidity, and equity benchmark) and generating superior risk-adjusted returns.

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.