Scotiabank

ScotiaMcLeod Senior Business Analyst

Scotiabank • $75K — $95K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
3 days ago
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 2-5 years of experience in Business Analysis
  • Solid understanding of wealth management concepts and financial instruments
  • Familiarity with back-office and brokerage operational processes
  • Proficient in Microsoft Office Suite, particularly advanced Excel
  • Awareness of Broadridge, AS400, MS Access/VBA, SQL, Visual Studio, and Power BI is beneficial
  • Creative, organized, proactive, and result-oriented
  • Strong problem-solving and analytical skills with keen attention to detail

Responsibilities

  • Contribute to the Sales Management team by developing knowledge of advisor compensation and client grouping methodologies
  • Build effective relationships with various business lines and corporate functions
  • Manage and own reporting processes including weekly, monthly, and ad-hoc reports
  • Provide operational support by enhancing knowledge of policies and back-office processes
  • Drive resolutions to business issues in alignment with strategic goals
  • Assume end-to-end ownership of projects from interviews and scope definitions to implementation support
  • Identify improvement opportunities by analyzing current practices and preparing technical reports

Benefits

  • Opportunity to work on impactful national initiatives and strengthen processes for advisor teams
  • Comprehensive compensation and benefits package including incentive plans and employee banking rates
  • Collaborative team environment with innovative thinkers
  • Commitment to community impact and inclusivity
  • Access to Scotia Academy for ongoing learning and skill development
Full Job Description
Requisition ID: 265004

INTRODUCTION:

Join ScotiaMcLeod's National Sales Management team as a Senior Business Analyst and play an important role in supporting a national wealth management platform. In this role, you'll use your analytical mindset, business knowledge, and stakeholder management skills to deliver meaningful reporting, improve processes, resolve business issues, and support the needs of Sales Management and advisor teams across the country.

WHAT YOU'LL BE DOING:

    • Contribute to the effective functioning of the Sales Management team by:
      • Developing a strong knowledge of ScotiaMcLeod Advisor Compensation, payment structures and client grouping methodology to provide accurate reporting and resolution to enquiries.
      • Building effective working relationships across the team and with various business lines and corporate function contacts.
      • Own weekly, monthly , quarterly and ad-hoc reporting.
      • Actively participating and contributing to touch bases and team meetings.


    • Manage multiple processes and programs and provide day-to-day operational support by:
      • Continually acquiring and enhancing knowledge of the business and policies, back-office processes to be able to provide effective business support.
      • Liaise with all levels of Sales Management to drive resolution to business issues in a manner that is aligned to strategy and supports the needs of the field and business.
      • Ensuring that management is kept informed and that problems and issues are escalated appropriately.


    • Assume end-to-end ownership of projects by:
      • Conducting interviews, defining scope, researching, analyzing and documenting stakeholder needs.
      • Leveraging source systems and databases for data extracts.
      • Ensuring a robust understanding of the underlying information to identify inconsistencies within data sources.
      • Compiling and organizing the data collected in a clear and consistent manner.
      • Identifying and investigating issues to ensure validity of conclusions.
      • Developing proposals, participating in implementation of new/enhanced tools by developing test cases, performing testing, defining user procedures and workflows, developing implementation strategies, providing user training and post-implementation support.


    • Identify opportunities for improvement by studying current practices as it relates to Sales Management and ScotiaMcLeod Advisor teams. Assist the Manager/Team in resolving highly complex, multi-faceted problems by:
      • Applying business knowledge to the design of methodologies, data and system solutions, analytics, and insights.
      • Ensure all interdependencies and impacts to steady-state systems and operational processes are identified and addressed.
      • Prepare technical reports and facilitate the creation of new reports by collecting, analyzing, and summarizing information and trends as relevant.
      • Ability to understand and identify financial data/gaps, recommending controls and writing improved procedures.


DO YOU HAVE THE SKILLS:

  • 2-5 years Business Analysis experience
  • A good knowledge of wealth management concepts and financial instruments inclusive of the services across Scotia Wealth Management.
  • Knowledge of back-office processes; brokerage operational processes and end-to-end workflows considered an asset.
  • Proficient in Microsoft Office Suite (Excel, Word, PowerPoint, Outlook). Advanced Excel knowledge required to effectively analyze data and identify trends.
  • Knowledge of Broadridge, AS400, MS Access/VBA, SQL, Visual Studio, Power BI considered an asset.
  • Must be a creative, proactive, organized, self-starting, result-oriented and highly motivated individual.
  • Demonstrates strong problem solving and analytical skills and great attention to detail.


WHAT'S IN IT FOR YOU:

  • This is an opportunity to contribute to meaningful national initiatives, work closely with business partners across Scotia Wealth Management, and help strengthen reporting, processes, and operational support for advisor teams.
  • 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 : 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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