Scotiabank

IIA Assistant Branch Manager, ScotiaMcLeod, GWM - 12 Month Contract

Scotiabank • $90K — $110K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 5-7 years of experience in wealth advisory management or a related field.
  • Extensive knowledge of securities regulations and compliance.
  • Demonstrated leadership skills in managing diverse teams.
  • Proven sales management experience with a focus on achieving targets.
  • Strong strategic planning and operational process design skills.
  • Fluency in Spanish and/or Portuguese preferred for international engagement.
  • Advanced business degree (MBA) and CFA designation are assets.

Responsibilities

  • Lead and promote a customer-focused culture within the team.
  • Oversee compliance and regulatory standards to minimize financial risks.
  • Manage escalations of client complaints and legal actions effectively.
  • Support the implementation of the Total Wealth Strategy alongside the Branch Manager.
  • Drive recruitment strategies aligned with the firm’s growth objectives.
  • Provide coaching and mentoring to advisors on business growth.
  • Steer daily operations ensuring adherence to Scotiabank’s values and conduct standards.

Benefits

  • Opportunities for professional development and career advancement.
  • Inclusive work environment that fosters diversity.
  • Access to an extensive training program for leadership and compliance.
  • Employee support programs to promote mental wellness and financial health.
  • Participation in a performance-driven rewards system.
Full Job Description
Requisition ID: 268544

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)


Location(s): Canada : Ontario : Toronto

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
Finance & Insurance
5 Year Trend
+7%
NASDAQ
BNS
* Ladders Estimates

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