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Title:  Wealth Management- Private Banking Business Analyst Co-op/intern




Requisition ID: 122084

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




POSITION TITLE: Private Banking Business Analyst Co-op/intern


DEPARTMENT: Wealth Management- Private Banking ,Financial Reporting and Data Analytics


WORK TERM: Winter 2021 (January - April 2022)




Position Summary


Reporting to the PB Senior Manager – Financial Reporting and Data Analytics, the  Business Analyst is responsible for contributing to Private Banking’s overall success by providing credit and sales support to the Private Banking Account Management teams, assisting with the monitoring of all business plans and assisting with product offering and development activities.  In addition, the officer is responsible for supporting the business line for all retail and commercial support systems.




Key Job Accountabilities


  1. Provide ongoing field support to Private Banking units within Scotia Wealth Management by:
  • Offering expert advice and counsel
  • Providing sales support for areas not supported by external groups
  • Assisting with the roll out of new initiatives impacting Private Banking units
  • Maintaining a working knowledge of the day-to-day operation of the Private Banking Units in order to effectively communicate with all levels of staff


  1. Manage the preparation and dispatch of Financial Reporting
  • Researching service and product related requirements
  • Assisting with the preparation of business cases
  • Coordinating activities for all internal approval processes and formal implementations relating to the Private Banking product and service offering
  • Investigating variances and discrepancies proactively as they occur providing commentary to senior management and Private Banking Units


  1. Support and monitor National profit plan targets by:
  • Assisting with the preparation of annual, quarterly and monthly financial analysis reports
  • Monitoring national and individual units performance against plan
  • Providing interim financial reporting support
  • Assisting with the preparation and validation of quarterly and annual compensation payments


  1. Contribute to the effective functioning of the Private Banking Head Office team by:
  • Participating actively in team learning development activities and team performance achievements.
  • Building effective working relationships across the team and with various business line and corporate function contacts
  • Maintaining a high level of client service
  • Facilitating a culture of open and honest communication
  • Actively participating and contributing to touch bases and team meetings
  • Encouraging the generation of new ideas and approaches
  • Actively share knowledge and experience to enhance the development of all team members
  • Developing and executing a meaningful employee development plan






  • University or Community College degree preferred in Finance or Mathematics
  • Must have good knowledge of the broad Wealth management offering, including the services of Private Banking, and familiarity with the Bank’s International Private Banking offering.
  • Strong knowledge of Private Banking operations and sales environments
  • Knowledge of Process Mapping and Business Architecture, including use of related software/tools
  • Thorough business analysis, analytical and creative problem-solving skills
  • Proven judgment as issues can be complex and without precedent.
  • Strong written and verbal skills required to prepare communications and interact effectively with other Bank departments and external parties.
  • Excellent time management skills
  • Thorough PC skills including Excel, Word, PowerPoint
  • Thorough knowledge of field various reporting tools
  • Strong written and verbal communication skills
  • Expert knowledge of Retail and Commercial Lending policies and procedures
  • Previous experience with writing business cases is an asset
  • Strong analytical skills
  • Ability to work with others of varying levels, expertise and skills



How do I Apply?


For students, we are focused on learning about who you are and what you’re interested in to uncover your true potential.  In short, we don’t believe resumes will provide us with an accurate depiction of what you’re truly about to properly assess your potential.  Instead, we want to get to know YOU and hear about the experiences that have shaped you. We know… this might sound crazy but for students applying to one of our co-ops, internships or TILT new grad programs we are no longer requiring resumes. Instead, we ask that as part of your application, you complete the below:



  • Complete your PLUM Profile
  • Complete a short one-way video interview
  • Apply to the role through our career site! When the application asks for your resume, instead upload a screenshot of your plum to show us you’ve completed it, we have full access to your entire profile from Plum and won’t use the screenshot but it’s a great reminder for each of you to have completed it. Alternatively, you can submit a resume if you want, we just will not be relying on it when we assess you.



We thank you all for your interest in Scotiabank!  However, only those selected for an interview will be contacted. If you require accommodation during the recruitment and selection process, please let us know. We will work with you to meet your needs


**In order to be considered for student opportunities at Scotiabank and/or Tangerine, you must submit your PLUM Assessment and Video Interview. **





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.

Note: All postings in me@Scotiabank will remain live for a minimum of 5 days.

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