Senior Portfolio Analyst - 18-month Contract

Requisition ID : 202548

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

Purpose

The Senior Portfolio Analyst is responsible for

Overall support to the PIC Centralized Investment Advisory team which includes direct senior portfolio management support to Director, Supervising Portfolio Manager and Portfolio Managers, and project management and administrative support to the team and business stakeholders.

Major Accountabilities

1. Portfolio Management Support

• Conducting preliminary portfolio assessment, research, and pull information and data from various available sources to assist Portfolio Managers (Zephyr / Bloomberg / Morningstar and / or Thompson 1)
• Prepare, create and customize various internal reports (Power BI / MS Forms / MS List).
• Extrapolate research reports from various sources to assist in KYP for "Suitability Assessment" by the registrants. Providing input to the portfolio analysis and recommendation process (process enhancement)
• Preparing client packages, charts, tables to request and document information (Power Point decks incorporating analysis)
• Actively support the implementation of client wealth strategies through detailed and accurate management of portfolio administration tasks and activities
• Resolving issues expeditiously and accurately and / or escalating problem situations when appropriate
• Reviewing processes and providing recommendations to add value and enhance efficiencies through implementation of best practices and ongoing process reengineering
• Administrative items that support portfolio management activities.
• Accurate management of client information and data through use and knowledge of applicable systems

2. Project Management

• Contribute to the development and maintenance of internal database, driving insights and developing recommendations to Portfolio Managers (pro-actively identifying offside accounts)
• Lever data to form and enable insight that help the CRIA WAAP and RAP Leadership in decision making in order to enhance business objectives
• Participate in technology improvement initiatives that result in positive business results and measurable goal achievement
• Work with internal partners to establish initiative objectives and scope to define the change initiative approach and workplan
• Participation in ad hoc projects that support efficient service delivery, enhance management reporting, and / or mitigate risk.
• Create and manages plans from initiating, planning, executing assigned projects and relevant deliverables to sustainment phases
• Develop effective communication plan to ensure impacted partners group at all levels are clearly addressed of the changes and associated impacts in all aspects
• Facilitate team interactions and initiatives on key activities and project planning aimed at sharing knowledge

3. Risk Management / Compliance

• Minimizing the Bank's exposure to risk by maintaining awareness and ensuring compliance / adherence to all procedures, regulatory activities and guidelines including Privacy, Anti-Money Laundering, Anti-Terrorist Financing, FCAC, Know your Client, Occupational Health & Safety and Guidelines for Business Conduct
• Supporting the Portfolio Managers in maintaining client portfolios in accordance with established firm strategy which includes, utilizing the Central Portfolio Models and pools, focusing on client segmentation and client's risk appetite
• Participating in all aspects of compliance and the identification of actions or changes in policy and / or procedures in order to remediate non-compliance in the business.
• Escalating issues to the Portfolio Managers and or Governance & Operations Manager as appropriate
• Adhering to bank and firm standards, policies and business practices to ensure that Private Investment Counsel is meeting the appropriate regulatory and compliance requirements as they relate to both new and existing accounts
• Escalating, documenting and reporting any unusual occurrences, suspicious or fraudulent activities, as per established procedures

4. Team Membership :

• Using strong knowledge of the Bank's, Scotia Wealth and Private Investment Counsel diverse products and services, to ensure the Portfolio Managers' needs are well understood, documented and satisfied
• Effectively communicate and build rapport with team members, stakeholders and business partners
• Contributing to the effective functioning of the Private Investment Counsel team
• Fostering and developing a strong, positive team environment, driving employee empowerment, innovation and a high degree of engagement
• Facilitating a culture of open and honest communication
• Actively participating and contributing to coaching sessions, touch bases and team meetings
• Encouraging the generation of new ideas and approaches
• Actively sharing knowledge and experience to enhance the development of all team members
• Developing and executing a meaningful employee development plan.

Functional competencies

• Proven high attention to detail and accuracy in a fast-paced environment
• Thorough investment management knowledge and experience as it relates to understanding economic and capital markets
• Strong interpersonal, communication & listening skills
• Strong analytical, problem-solving skills and ability to influence key decisions
• Highly collaborative with excellent interpersonal and conflict management skills.
• Excellent organizational, planning, and problem-solving skills
• Ability to combine initiative, integrity and professional discipline to accomplish difficult tasks through other people
• High degree of accuracy required;
• High level of discretion required in dealing with confidential matters.

Work Experience / Education :

• University Degree in Business, Economics, Math, Finance or other related fields
• Advance knowledge of excel and VBA would be considered a strong asset, including work experience of database concepts and visualization tool (Power BI)
• CFA candidate or designation would be an asset

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.