Requisition ID: 235116

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

Purpose

Contributes to the overall success of the Global Pooled Investment Vehicles team (“GPIV”) within Global Investment Solutions (“GIS”), ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s and broader GIS business strategies and objectives. Ensures all activities conducted in adherence with governing regulations, internal policies, and procedures.

Responsible for providing timely investment advice, direction and thought leadership across Global Wealth Management (“GWM”) with a focus on the mutual fund and ETF investment universe for Canadian and Offshore investors. Assist with asset allocation and portfolio strategy decisions in relation to these products.

Accountabilities 

•    Leads and drives a customer focused culture throughout the GPIV and GIS teams to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
•    Deliver strong risk-adjusted outcomes for investment advisors, relationship managers and clients, adjusting strategies and processes as necessary to optimize performance.
•    Contribute to the effective functioning of the GPIV team and the Outsourced Chief Investment Officer (“OCIO”) program through due diligence on alternative products including hedge funds and private assets to protect Scotiabank, GWM, its investment advisors, and Scotia clients.
•    Conduct research on pooled investments with a primary focus on alternative investments (illiquid private assets and liquid hedge strategies) utilizing third-party resources
•    Develop and maintain a portfolio model for ultra-high net worth (“UHNW”) individuals and family offices that address the unique product solutions and providing arms-length portfolio assessments and unbiased product recommendations 
•    Curate a suite of preferred alternative investments with preferred access to best-in-class managers to benefit UHNW clients and ensure global fulfillment solutions continue to meet GIS selection criteria.
•    Establish and monitor UHNW model portfolios consistent with the strategic and tactical asset allocation models established by GIS and preparing written rationales for updates/changes as part of the ongoing monitoring obligations.
•    Develop and maintain relationships with fund manufacturers to facilitate the flow of information to advisors to meet ongoing product monitoring and Know Your Product obligations.
•    Support GWM advisors by conducting client portfolio reviews for existing client accounts and participate in the creation of portfolio proposals incorporating pooled investments to attract new business. Respond to ad hoc advisor requests with qualified and value-added ideas and opinions to educate advisors about the product/service offering of the Pooled Investment Vehicle team, including participation in branch visits, conference calls, and client presentations. 
•    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 his/her team pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct. 
•    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 behaviours; communicating vison/values/business strategy; and, managing succession and development planning for the team.

Education / Experience 

•    Minimum 10 years of finance-related experience
•    An understanding of Investment Funds/Alternative Assets/ETFs with five years of fund research/manager research experience
•    Post-secondary degree required (Commerce or Business Administration degree preferred)
•    CFA or CAIA charter holder or candidate for the designation preferred.
•    Experience with Morningstar Direct, Bloomberg, MS Office, and VBA programming language
•    Strong skills in analytics; written and verbal communication; relationship building; self-management; and diligence.
•    Professional integrity

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.