Title:  Vice President, Fund Tax Advisory & Oversight

Requisition ID: 254883 

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

Purpose

The VP, Fund Tax Advisory and Oversight will lead a centralized fund tax advisory and oversight team to optimize and standardize client and advisor experiences, including tax processing functions across the Bank and proactively address any tax-related concerns, including new regulatory requirements.

In support of this mandate, the role brings deep expertise in investment fund taxation across mutual fund trusts, exchange‑traded funds, and corporate structures, combined with a strong command of complex client‑specific tax requirements. The Vice President acts as a critical bridge between technical tax complexity and business execution, translating detailed tax rules, regulatory interpretations, and fund‑level impacts into clear, practical guidance that enables informed decision‑making across product, wealth, operations, risk, and compliance teams.

The role is also responsible for ensuring that tax considerations are clearly articulated and consistently understood across a broad external ecosystem, including clients, advisors, regulators, dealers, custodians, government bodies, and auditors. By proactively simplifying and communicating tax implications in a manner appropriate to each audience, the position mitigates risk, supports regulatory confidence, and enhances overall client and advisor experiences. Through close partnership with key stakeholders, the VP ensures alignment with regulatory requirements, internal policies, enterprise governance frameworks, and established operating procedures across Canada and the United States.

Accountabilities

• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Provide expert tax advisory and solutions to product development, portfolio management and the executive team on Canadian and international tax rules impacting the business, product initiatives, investment portfolios, and tax operations.
• Develops and executes on a tax infrastructure modernization plan to improve existing resiliency, drive straight through processing and to meet future tax requirements.
• Partners on remediation efforts of identified tax operations issues and gaps by recommending the best course of action to remediate and improving operational processes and procedures to avoid recurrence.
• Reviews and defines requirements for upcoming new regulatory tax requirements and impact on business, operational and technical change.
• Lead tax advisory and planning on all new product creation/launches from end to end; including, but not limited to, initial due diligence to assess optimal fund structure, engaging with internal/external counsel to draft tax related disclosures in offering documents, collaborate with marketing/communication team to support external publications, direct relevant systematic set up within operational platform to the support the product, implement internal controls and procedures to support ongoing operation, reporting, and risk management for the new product.
• Identify tax risks, establish and implement policies and controls to ensure the investment funds adheres to all existing and new domestic/foreign tax regulations.
• Directs day-to-day activities in a manner consistent with the Bank’s risk culture and the relevant risk appetite statement and limits. Communicates the Bank’s risk culture and risk appetite statement throughout their teams.
• Creates an environment in which his/her team pursues effective and efficient operations of his/her 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.
• Builds a high-performance environment and implements 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.

Requirements

• CPA with at least 15+ years of progressive tax experience in an accounting firm or Financial Institution with focus on fund tax advisory in both public and private markets
• Strong understanding and experience in client tax reporting and tax accounting for different fund structures · Completion of CPA In-Depth Tax Program would be an asset
• Strong tax advisory experience bridging between external advisors and internal investment functions
• Strong understanding of tax operations
• Strong leadership, communication and presentation skills
• Familiarity with data analytics and tax related technology
• Strong financial and tax accounting skills
• Knowledge of FATCA and CRS requirements, including providing guidance and reporting requirements
• Knowledge of Qualified Intermediary (QI) compliance and related reporting requirements
• In-depth knowledge of income tax treaties, particularly with respect to withholding and permanent establishment issues
• In-depth knowledge of mutual funds, structured investment products, equities, private equities, securities borrow & lending activitie

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.