Title:  Senior Analyst, Tax Operations Support (GWO)

Requisition ID: 254760 

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose:

The Senior Tax Analyst will contribute to the overall success of Tax Operations Support, ensuring specific individual goals, plans and initiatives are executed / delivered in support of the team’s business strategies and objectives across all Canadian Wealth Management businesses. The incumbent will work with the Canadian Wealth Management business lines, key enterprise tax partners, and corporate taxation and contribute to operational processes and governance to ensure operational compliance with Federal and Provincial tax withholding and reporting requirements for Registered Products and also be part of the communications team.
 

Is this role right for you? In this role you will:

• As a Tax Reporting Analyst, you will be the subject matter expert in all aspects of Scotiabank client tax compliance and oversee all aspects of Scotiabank duties relevant to tax treatments and oversees the tax slip production and distribution to all clients. Ensure a high level of customer service level is provided to internal clients including Scotia Capital, Wealth Management (Scotia McLeod/iTrade/Scotia Trust, GBM and MD)
• Processing of all Tax Reporting/Tax Remittance for all registered accounts (ie. RRSP, RRIF, TFSA, RESP, Locked In RRSPs etc.) and non-registered (T5, T3,T5008,T5013)
• Incumbent will be the subject matter expert in defined aspects of Scotiabank client tax delivery program and oversee aspects of Scotiabank duties relevant to tax slip production and distribution to all clients including queries and advisor communications.
• Respond to tax support inquires across all Canadian Wealth Management businesses, inclusive of ScotiaMcLeod, iTRADE, Private Investment Counsel, Scotiatrust, Private Banking, and MD Financial Management.
• Work with the communications team to provide presentation to advisors during tax campaign to apprise them of the critical timelines and any key information required by clients
• Takes ownership and management of tax related mailboxes addressing escalations by engaging business partners, conducting investigations, and providing written responses to Advisor Teams. Includes dedicated focus on escalations and time sensitive matters.
• Actively participating in idea initiation and process improvements of tax reporting processes. Places specific focus on creating operational efficiencies and solutions to enhance processing, service and inquiry resolution.
• Works with the Manager, Tax Support to resolve complex, multi-faceted problems to meet the business needs.
• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Taking ownership of inquiries adhering to the standard Service Level Agreement (SLA) and ensuring information is accurately delivered.
• 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.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

• 3 or more years of experience in tax reporting / filing process
• Working knowledge of taxability wrt to dividends, income processing, and reorg
• Strong knowledge of the operational processes and systems used in support of Wealth Management business
• Excellent written, verbal and presentation skills 
• Ability to work well in a team environment
• Problem solver and passionate about delivering quality service
• Customer Centric mindset
• Knowledge of Broadridge platforms  
• Working knowledge of the following systems: TFP, TXSY, CDS, DTCC, BFS, AS400.
• College or University degree related to Taxation or Accounting Preferred (3-year program)
• Tax related courses, certifications or industry designation 
• Strong reconciliation and analytical skills

 
Work Arrangement:

• This role requires being in office four days per week, subject to change based on business needs.
• Non-standard hours are a common occurrence. 
• Thrive in a fast-paced environment and can manage completing priorities effectively.
• Critical deadlines must be met to avoid potential penalties on meeting CRA and IRS deadlines

Interested?

 
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That is why we work to grow and diversify talent and engage employees in a performance-oriented culture.

 
What's in it for you?
 

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

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.