Requisition ID: 224375

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

The Manager, Scotia Financial Planning (SFP) Compensation, is a critical support function for the SFP channel, responsible for execution and oversight of the end-to-end variable compensation administration process. In addition to ensuring all components of variable compensation are administered within set SLAs, the Manager, SFP Compensation will be instrumental in identifying opportunities for process enhancement and tightening process controls to mitigate Business risk.

Is this role right for you? In this role you will:

• Be responsible for managing end-to-end SFP compensation process, ensuring all components are administered in a timely and accurate manner
• Continuously maintain and enhance process mapping for the overall SFP compensation program
• Identify gaps and design, develop, and implement effective controls
• Develop trending which coincides with an escalation process
• Act as a subject matter expert when working with IT teams to develop system enhancements
• Conduct quality assurance reviews and resolve compensation disputes
• Own the compensation component of the SFP onboarding program and provide in-depth compensation training to all new Financial Planners and Regional Managers
• Identify opportunities to leverage current technologies, such as Ai, to streamline manual/repetitive process components and implement tighter process controls where required to mitigate Business risk
• Review and revamp existing compensation process documentation where required to facilitate knowledge sharing and continuity within the team

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

• University Degree
• 5+ years of experience in the financial industry
• Experience with/working knowledge of Salesforce
• Knowledge of the Canadian Bank branch channel is an asset
• High proficiency in Microsoft Excel
• The ability to extract data sets and interpret them
• Previous experience with variable compensation is an asset
• Demonstrated ability to work independently in a fast-paced environment with tight deadlines
• Familiarity with process analysis, operational efficiency, and project management principles

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.