Requisition ID: 268848
Employee Referral Program – Potential Reward: $2,000.00
We are committed to investing in our employees and helping you continue your career at Scotiabank.
Purpose:
In coordination with the Branch Manager, leads and oversees the International Investment Advisory (IIA) Branch which includes locations in Toronto, Cayman and Bahamas and multiple jurisdictions in Latin America, Central America and the Caribbean, ensuring business strategies, plans and initiatives are executed in compliance with governing regulations, internal policies and procedures.
This is a dynamic role assisting the Branch Manager in areas of Advisor Coaching, adoption and delivery of Total Wealth solutions, problem solving, branch sales and marketing initiatives. Along with, supporting growth in branch assets and revenue, recruiting, regulatory compliance and oversight.
Accountabilities:
- Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Manage and upholds the compliance and regulatory standards of the firm in the Branch, to ensure minimal financial exposure to the firm.
- Ensures client complaints, claims, legal actions and regulatory reviews, examinations and investigations are escalated to the Branch Manager and assist to ensure they are handled effectively and corrective actions are implemented in a timely manner.
- Manages compliance within the branch including all daily supervision activities as well as document signing and approvals, trade exception overrides and approvals, Account opening approvals, cheque signing, and payables approvals.
- Assist the Branch Manager in the continued implementation and adoption of our Total Wealth Strategy
- Partner with Branch Manager and Branch Administrator to guide and support staffing in the branch as it relates to Advisor Team’s needs
- Develop and implement recruitment strategies for the branch that align with our Firm’s growth strategy and culture
- Act as a sounding board for experienced and developing advisors complimented by coaching and providing advice and perspective on all things relevant to the Advisor’s business and growth objectives
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Creates an environment in which their team 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.
- Builds a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vison/values/business strategy; and, managing succession and development planning for the team
- Operates in Canada and multiple international jurisdictions
- Dealer Member of the Canadian Investment Regulatory Organization
- Supports the leadership in managing a branch of 100+ employees
- Assists in the management of a business line Profit & Loss statement
Education, Experience & Other Information :
- Strong knowledge and experience in the management of wealth advisory, securities regulations, risk management and compliance.
- Superior leadership and management skills and an ability to work closely and collaboratively
- Strong knowledge of and demonstrated success in sales management techniques
- Demonstrated ability to develop and implement a strategic plan
- Strong capability in evaluating, designing, and leading the implementation of operational processes
- Strong knowledge of the regulatory environment applicable to the investment management industry
- Understanding of the operational and technological platforms and systems underlying the business and how they support the delivery, distribution and client experience
- Post-graduate business degree (e.g. MBA) and CFA (or equivalent experience) an asset.
- Knowledge of Spanish AND/OR Portuguese preferred
- Canadian Securities Course and Conduct & Practices Handbook Examinations
- Branch Managers Examination & Options Supervisory Course
- Sales and/or management experience in financial services
Two years of experience as a Registered Representative (required for regulatory approval as a Branch Manager)
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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. 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.
Note: All postings in me@Scotiabank will remain live for a minimum of 5 days.
