Portfolio Analyst, Centralized Investment Advisory - Toronto

Scotiabank•Toronto, ON

4d•Onsite

About The Position

We are looking for a Portfolio Analyst to provide overall support to the CRIA team which includes the Director and Portfolio Managers. This individual will be relied upon for project management and support to the team and business stakeholders. In this role, you will support Portfolio Managers by using strong knowledge of the Bank’s, Scotia Wealth and Scotia Jarislowsky Fraser (SJF)'s diverse products and services and value proposition, to ensure the Portfolio Managers' needs are well understood, documented and satisfied. You will also prepare client packages, charts, tables to request and document information, and provide ongoing support to the PMs and field Relationship Managers, preparing, creating and customizing of various internal reports. Accurate management of client information and data utilizing various portfolio management systems (Mpower, Crystal Reports, Bloomberg, Morningstar Direct) is crucial. You will resolve issues expeditiously and accurately and/or escalate problem situations when appropriate, and review processes and provide recommendations to add value and enhance efficiencies through implementation of best practices and continuous process improvement. You will also be involved in Project Management by contributing to the development and maintenance of internal database, driving insights and developing recommendations to Portfolio Managers. You will participate in technology improvement initiatives that result in positive business results and measurable goal achievement. Working with internal partners to establish initiative objectives and scope to define the change initiative approach and workplan, and creating and managing plans from initiating, planning, executing assigned projects and relevant deliverables to sustainment phases are key. Developing an effective communication plan to ensure impacted partners group at all levels are clearly addressed of the changes and associated impacts in all aspects, and facilitating the team through key activities and tools aimed at surfacing knowledge are also part of this role. You will participate in Risk Management/Compliance by 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, and 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 are essential. You will escalate issues to the Portfolio Managers, and/or Director as appropriate, and adhere to bank and firm standards, policies and business practices to ensure that SJF 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 is also required. Additionally, you will support Team Members and Event Coordination by contributing to the effective functioning of the SJF team, fostering and developing a strong, positive team environment, driving employee empowerment, innovation and a high degree of engagement. Building effective working relationships across the team and with various business line, internal and external stakeholders, facilitating a culture of open and honest communication, and engaging actively in coaching sessions, touchbases, and team meetings, contributing valuable insights and feedback are important. Encouraging the generation of new ideas and approaches, actively sharing knowledge and experience to enhance the development of all team members, and developing and executing a meaningful employee development plan are also part of this role. Coordinating and managing the planning and execution of team events with precision, overseeing all logistical aspects to ensure successful and engaging events is also a responsibility.

Requirements

University Degree (Business, Economics, Math, Finance), or equivalent
Proficient technical skills (Microsoft Office applications (required), VBA (desired), Power BI, including an understanding of database concepts)
Strong interpersonal, communication & listening skills
Strong attention to detail
Proactive customer service focus
Highly collaborative with excellent interpersonal and conflict management skills.
Excellent organizational, planning, analytical and problem-solving skills
Results/Goal achievement oriented
Self-motivated and disciplined
Ability to combine initiative, integrity and professional discipline to accomplish difficult tasks through other people

Nice To Haves

Experience with Crystal Report, Mpower, Morningstar and Bloomberg is desired
VBA (desired)

Responsibilities

Support Portfolio Managers by using strong knowledge of the Bank’s, Scotia Wealth and Scotia Jarislowsky Fraser (SJF)'s diverse products and services and value proposition, to ensure the Portfolio Managers' needs are well understood, documented and satisfied
Prepare client packages, charts, tables to request and document information
Provide ongoing support to the PMs and field Relationship Managers, preparing, creating and customizing of various internal reports
Accurate management of client information and data utilizing various portfolio management systems (Mpower, Crystal Reports, Bloomberg, Morningstar Direct)
Resolve issues expeditiously and accurately and/or escalate problem situations when appropriate
Review processes and provide recommendations to add value and enhance efficiencies through implementation of best practices and continuous process improvement
Contribute to the development and maintenance of internal database, driving insights and developing recommendations to Portfolio Managers
Participate 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
Create and manage 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 the team through key activities and tools aimed at surfacing knowledge
Minimize 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
Support 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
Participate 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
Escalate issues to the Portfolio Managers, and/or Director as appropriate
Adhere to bank and firm standards, policies and business practices to ensure that SJF is meeting the appropriate regulatory and compliance requirements as they relate to both new and existing accounts
Escalate, document and report any unusual occurrences, suspicious or fraudulent activities, as per established procedures
Contribute to the effective functioning of the SJF team
Foster and develop a strong, positive team environment, driving employee empowerment, innovation and a high degree of engagement
Build effective working relationships across the team and with various business line, internal and external stakeholders
Facilitate a culture of open and honest communication
Engage actively in coaching sessions, touchbases, and team meetings, contributing valuable insights and feedback
Encourage the generation of new ideas and approaches
Actively share knowledge and experience to enhance the development of all team members
Develop and execute a meaningful employee development plan
Coordinate and manage the planning and execution of team events with precision, overseeing all logistical aspects to ensure successful and engaging events