Job type
- Full-time
Job description
Is this role right for you?
In this role, you will:
1. Financial Reporting, Forecasting & Annual Profit Planning
- Support financial reporting for executive management, including performance against forecast, plan and prior periods for business line reporting packages
- Support non-financial reporting for Global Asset Management, including reporting on sales vs non-sales FTE and daily/monthly reporting on net flows by channel for Global Asset Management
- Support the annual profit plan and monthly forecasting processes across business units.
- Ensure timely and accurate data collection and analysis for financial planning.
- Recommend financial models and strategic benchmarks to improve forecasting accuracy.
- Maintain and enhance systems to support efficient reporting processes.
2. Data Management
- Act as stakeholder for financial and non-financial data, including Profit and Loss, Balance Sheet, Off Balance Sheet (AUA/AUM), Net Flows and FTE – across channels, business lines and at the consolidated Global Asset Management level
- Ensure alignment of data across various internal and external reporting, including data reported by teams outside of Global Asset Management
3. Expense Management & Governance
- Support monthly and quarterly financial reporting and variance analysis.
- Ensure accuracy and completeness of financial results.
- Investigate and explain significant transactions and variances.
- Deep dive into allocated expenses from business lines, corporate functions and other cost centers – determining trend and drivers
- Breakdown Asset Management expenses by business line and executive owners
4. Sensitivity Analysis and Enterprise Wide Stress Testing (EWST)
- Lead EWST process for Asset Management and collaborate with the Global Wealth Central and Global Risk Management (GRM) teams
- Act as a subject matter expert on the EWST model and update based on Stress Testing scenario and key market rates provided by Scotia Economics
- Perform data integrity checks to compare the model outputs vs PPNR output from GRM team and recommend any overrides
- Manage ad-hoc requests related to data, reporting, and modeling.
5. Strategic Projects & Business Insights
- Provide financial insight and modeling for strategic initiatives, new products, and compensation programs.
- Design and maintain profitability models and management reports to support decision-making.
- Prepare periodic analysis of financial trends and business performance metrics.
- Craft and present recommendations to senior management based on financial analytics.
6. Ad-Hoc Support
- Respond to finance-related inquiries and support requests from internal stakeholders.
- Assist with ad-hoc reporting and analysis for senior management.
Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
- CPA designation or equivalent financial certification preferred.
- 7+ years of progressive experience in financial planning, reporting, and analysis.
- Strong understanding of compensation governance and financial modeling.
- Advanced Excel and financial systems proficiency.
- Proven ability to lead cross-functional initiatives and manage complex projects.
- Excellent communication, analytical, and problem-solving skills.
- Experience in Asset Management or Wealth Management is an asset.
- Strong knowledge of financial accounting and generally accepted accounting principles
- Advanced knowledge of Access database query tools
- Advance knowledge of business related computer software specifically Excel, PowerPoint and Word, and Power BI
- Accounting related experience and advanced analytical skills
- Strong knowledge of the securities and financial services industry (ie investment funds industry)
- Work in a standard office-based environment; non-standard hours are a common occurrence.
What’s in it for you?
- An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
- We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
- Your career matters! You will have access to career development and progression opportunities.