Scotiabank

Senior Manager, Strategic Initiatives - Toronto, ON

Scotiabank • $110K — $130K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Post-secondary degree in Business Administration preferred
  • Deep understanding of Wealth Management business lines
  • Five years experience in corporate strategy or project management in related fields
  • Experience in developing and delivering business line and/or executive communications
  • Strong relationship management skills to engage across the bank
  • Exceptional communication skills, both written and verbal
  • PMP certification is an asset, along with advanced MS Office skills

Responsibilities

  • Lead and implement strategic planning and initiatives to support CWM growth
  • Facilitate collaboration among Practice Excellence team for project governance
  • Conduct competitive analysis to identify trends in wealth management
  • Develop and manage impactful communications for the PE team
  • Champion a high-performance culture through employee-focused initiatives
  • Manage dashboards for PE leadership and executive updates
  • Ensure compliance with risk management protocols and operational excellence

Benefits

  • Opportunities for professional development and training
  • Collaboration with cross-functional teams
  • High-performing, inclusive work culture
  • Engagement in impactful strategic initiatives
  • Access to advanced technology and best practices in the industry
Full Job Description
Requisition ID: 274478

Purpose

The Senior Manager, Strategic Initiatives is a critical team member of the Practice Excellence (PE) group in Scotia Wealth Management. This role provides cross-functional leadership by leading strategic planning, reporting, and the execution of initiatives that support the CWM growth strategy.

Reporting to the Practice Excellence Vice President, the Senior Manager will work closely to lead and manage the strategy, foster team culture, and enable collective deliverables. The role will contribute to the collaborative build-out, implementation and measurement of successful initiatives across Training & Development, Practice Management, Total Wealth Programs, Change Management, and CWM Investment Advisory stakeholders. The role also ensures all activities conducted are in compliance with governing regulations, internal policies and procedures, while ensuring strong performance, operational excellence, and a high performing, inclusive culture.

Accountabilities
  • Lead, facilitate and measure Practice Excellence strategy and initiatives:
    • Work closely with the VP to prioritize, manage, implement and track strategic initiatives across the Practice Excellence team, ensuring strong collaboration, project governance, and business alignment on activities and initiatives that support CWM Investment Advisory growth
    • Lead the development and implementation of new strategic initiatives across the PE ecosystem to support advisor development & growth, and client experiences
    • Collaborate with PE leaders to ensure engagement and ownership across multiple teams, and manage multiple work streams to ensure project milestones are reached
    • Conduct analysis of competitors across wealth management industry, track shifts in wealth management landscape, and develop forward-looking insights on opportunities to support the evolution of the team deliverable


  • Communications and Culture
    • Lead and own PE team communications and platforms - supporting the development/evolution and regular delivery of impactful and timely communications to support the PE team success
    • Champions and influences a collaborative, high performance and inclusive culture through employee focused and client focused initiatives, events and development programs
    • Proactively pursues, models and influences the adoption of new technology and best practices to support the high performance culture across PE teams and initiatives in support of advisor training, development and engagement


  • Reporting, Risk, Controls & Operational Excellence
    • Accountable for developing, adopting, managing and improving dashboards for PE leadership team, CWM executive teams, enterprise executive updates, quarterly finance, and ad hoc reporting as required
    • Support the PE team risk processes, including Business Continuity Planning, Third Party Risk Management, Internal Controls, Coupa and contract management, etc.
    • Champions a client-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
    • Understands how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
    • Actively 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.
    • Champions a high-performance environment and contributes to an inclusive work environment.

Education / Experience

  • Post-secondary degree, preferably in Business Administration
  • Deep understanding of Wealth Management Business lines
  • Five years of experience in corporate strategy or project management in the wealth management, banking or financial services industry, is an asset
  • Experience developing and delivering business line and/or executive communications
  • Self-motivated; ability to work both independently and collaboratively with multi-functional teams
  • Strong relationship management skills to effectively manage relationships across the Bank, its partners and external vendors
  • Strong quantitative, analytical, and conceptual problem-solving skills combined with outstanding business acumen and attention to detail
  • Strong project management experience, PMP is an asset
  • Exceptional communication skills, both written and verbal
  • Bilingual in English and French is an asset
  • Advanced knowledge of MS Office including Co-Pilot, Word, Excel and PowerPoint


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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