Scotiabank

ScotiaMcLeod Branch Manager - Vancouver

Scotiabank • $90K — $120K *
Vancouver, BC V5K 5J9In-Person
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 10+ years of experience in wealth management advisory with proven business development and leadership skills
  • Deep understanding of the wealth management industry and its influences
  • Established relationships with senior stakeholders and advisors
  • Strong leadership and collaborative skills across banking divisions
  • Expertise in sales management techniques
  • Successful track record in strategic planning and delivery of results
  • Registered as a Supervisor with the Canadian Investment Regulatory Organization (CIRO) or equivalent qualifications
  • Post-graduate business degree (e.g. MBA) and CFA are assets

Responsibilities

  • Develop and execute comprehensive branch business plans and growth strategies
  • Lead and coach advisors to meet and exceed sales and profitability benchmarks
  • Oversee compliance management and ensure adherence to regulatory requirements
  • Manage the branch’s financial performance, including revenue and expenditures
  • Foster a positive team environment promoting engagement and business innovation
  • Communicate goals, projects, and changes clearly to all team members
  • Identify training and development needs for team members

Benefits

  • Competitive compensation and benefits package including incentive plans and pension
  • Access to a collaborative and innovative work environment
  • Commitment to community impact and client service
  • Inclusive atmosphere that fosters creativity and celebrates success
  • Free access to Scotia Academy for professional development opportunities
Full Job Description
Requisition ID: 267915

BRIEF INTRODUCTION:

The ScotiaMcLeod Branch Manager is responsible for the development and achievement of defined business priorities for the Branch through the profitable delivery of superior client service and wholistic wealth solutions to high and ultra-high net worth clients and businesses.

The incumbent is responsible for leading and coaching the branch team to ensure they have the skills and knowledge to provide a wide array of total wealth management solutions and motivate advisors to exceed sales growth and profitability goals. In addition, a key focus of the incumbent will be focused on branch growth through advisor acquisition.

WHAT YOU'LL BE DOING:

In this role you will:

Develop and execute branch business plans and growth strategy:
  • Serve as the primary leadership contact for the branch
  • Broaden and deepen client relationships by bringing together the expertise and resources of Scotia Wealth Management
  • Develop and maintain an external Centre's of Influence network for external business referrals.

Lead the sales/service management strategy:
  • Lead, coach and motivate advisors to exceed sales growth and profitability goals;
  • Develop and maintain a broad knowledge base to ensure all client facing team members have skills necessary to promote the full suite of Wealth products and services

Oversee compliance management for the Branch:
  • Maintain oversight of supervisory functions and Tier 1A compliance requirements;
  • Partner with Compliance and National Supervision to execute business priorities/initiatives in compliance with governing regulations, internal policies and procedures;

Ensure operational effectiveness for the Branch:
  • Execute the ScotiaMcLeod recruitment strategy for Wealth Advisors
  • Manage the branch profit plan (e.g. revenue planning, expenditures, etc.);
  • Support client experience issues and the formal complaints process;

Motivates and develops individual and team performance:
  • Foster and develop a strong, positive team environment, driving business development, innovation and a high degree of engagement;
  • Drive the internal communications process by ensuring all employees are aware of key projects, corporate goals and ongoing critical changes affecting clients;
  • Identify and support training and developmental needs of team members
  • Facilitate a culture of open and honest communication through regular touch bases, team meetings, and encouraging the generation of new ideas and approaches and actively sharing knowledge and experience to enhance the development of all team members.


DO YOU HAVE THE SKILLS:

We'd love to work with you if you have:
  • Expert knowledge of the wealth management advisory industry and factors that influence it
  • Exceptional Wealth Advisory business development and leadership skills having worked successfully for 10+ years within the industry.
  • Well-developed network of relationships with senior stakeholders, and advisors
  • Superior leadership and management skills and an ability to work closely and collaboratively with other senior Bankers across all Divisions.
  • Expert knowledge of and demonstrated success in sales management techniques.
  • Demonstrated exceptional ability to develop and implement a strategic plan, with a record of accomplishment of delivering results in a large organization
  • Proven change agent with building a business, outstanding general management, interpersonal / team motivation and communication skills.
  • Post-graduate business degree (e.g. MBA) and a CFA (or equivalent experience) considered an asset.
  • Requisite education, examination and training requirements, and experience necessary to be registered as a Supervisor with the Canadian Investment Regulatory Organization (CIRO)
  • Additional courses may be required to fulfill the Derivatives Supervisor designation if required.


WHAT'S IN IT FOR YOU
  • Competitive Compensation and Benefits package including annual incentive plans, time off entitlements, Pension Plan, Employee Share Ownership Plan and favourable employee rates for employee banking
  • The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
  • An organization committed to making a difference in our communities- for you and our clients.
  • An inclusive working environment that encourages creativity, curiosity and celebrates success.
  • Learning and Development - free access to Scotia Academy to upskill and develop your skills.

#SWM

Location(s): Canada : British Columbia : Vancouver

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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