Address
Form of workRequisition ID: 191673
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose:
The incumbent is responsible for contributing to the successful day-to-day operations of the ScotiaMcLeod Managed Programs - Summit, SIP by creating and producing reports that will assist in supervision and oversight. The incumbent will also be required to assist in delivering new efficiencies, processes, and ideas to support the development and growth of the programs.
Major Accountabilities:
1. Work closely with the Director, and Senior Manager Portfolio Management to ensure the effective operations of the investment programs offered at ScotiaMcLeod (Summit, SIP, Pinnacle):
- Program account approvals through Webpost
- Ensure the managed accounts are appropriate and suitable for the clients.
- Operationally ensure mandates are added or removed from the platform.
- Provide portfolio analytics and risk measurement of mandates.
- Prepare monthly and quarterly supervision reviews to ensure adherence of the account to mandate, identify issues, notifying the appropriate team for resolution.
- Act as a main point of contact for all administrative requests, general program information and rejected account information.
- Assist with investment queries coming from the investment advisors/relationship managers.
- Facilitate distribution of daily, weekly, monthly, quarterly reports/data as required.
2. Manage the overall compliance and oversight of the programs which include:
- Daily New account Suitability reviews for SIP and SUMMIT
- Monthly Portfolio vs Model reviews
- Monthly SOP allocation reviews
- Monthly composite Rate of Return calculations and template distribution
- IPP review and annual manager IPP attestation.
- Quarterly Portfolio Risk reports
- Quarterly Suitability review
- Monthly Aggregate Report to managers
- Monthly AUM by IE Reports
- Monthly finalized AUM Reports, SIP and SUMMIT
- Updating Crystal reports as required
- Monthly Index returns reports for Portfolio Operations
3. Contribute to the larger Investment Solutions Group by:
- Providing support on key product and marketing projects as needed
- Building effective working relationships across the team and with various business lines
- Actively participating and contributing to touch bases and team meetings
- Encouraging the generation of new ideas and approaches
- Actively share knowledge and experience to enhance the development of all team members
- Other projects and requests as needed
4. Assist the Business Development and Communications teams with the sales and marketing of the Investment Programs by:
- Providing performance data, risk/return metrics, portfolio characteristics for investment mandate profile sheets/quarterly updates.
- Quarterly update of the SIP Statistics Tool
- Monthly update of the SIP Portfolio Construction Tool
Education/Work Experience/Designations
- Undergraduate degree in business, finance, economics or accounting is preferred.
- Enrolment in or completion of CFA program is desirable.
- Completion of CSC preferred.
- Experience working effectively with Advisors.
Functional Competencies:
- Excellent knowledge of MS Excel
- Strong numerical, analytical and problem solving skills
- Very strong attention to detail
- Strong sense of personal responsibility and accountability
- Excellent oral and written communication skills
- Must be customer and results focused
- Individually motivated and team supportive
- Self-confident with professional integrity
- Strong relationship building skills
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.
