Title:  IIA Assistant Branch Manager - Toronto

Requisition ID: 239913

As a cornerstone business within Scotia Wealth Management®, ScotiaMcLeod has earned a reputation for integrity based on service excellence and trusted investment advice. Our advisors and teams pride themselves on exploring innovative approaches to protecting and growing their clients' assets. 

When you join ScotiaMcLeod, you’ll be empowered to deliver Enriched Thinking®, a unique approach that incorporates your client’s thinking, as well as our thinking, to drive results. You’ll work with a team of specialists to deliver a client-centric approach to wealth management, enabling you to consider all the facets of your client’s life, family and business. With a focus on total wealth planning, and wealth specialists to help you deliver on this unique value proposition, you’ll be enabling clients to see not just the big picture, but all the little ones too.

PURPOSE:

In coordination with the Branch Manager, the Assistant 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.

WHAT YOU’LL BE DOING:

• Lead and drive a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Manage and uphold the compliance and regulatory standards of the firm in the Branch, to ensure minimal financial exposure to the firm. 
• Ensure 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. 
• Manage 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.
• Create 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. 
• Build a high performance environment and implement 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

DO YOU HAVE THE SKILLS?

• Strong knowledge and experience in the management of wealth advisory, securities regulations, risk management and compliance considered a strong asset
• Superior leadership and management skills and an ability to work closely and collaboratively 
• Strong knowledge of and demonstrated success in sales management techniques 
• 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 
• Two years of experience as a Registered Representative (required for regulatory approval as a Branch Manager)
• Fluency in Spanish or Portuguese considered a strong asset

WHAT’S IN IT FOR YOU?

• At ScotiaMcLeod we help employees build their futures – where they can be themselves, and win together. With a commitment to diversity and inclusion and a performance-oriented culture that includes coaching, learning, and development – there are endless possibilities. At ScotiaMcLeod– you can make an impact. You help make the futures of our 25 million customers happen. You can find your future here.
• 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 #LI-Onsite #LI-HA1

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.