Senior Manager, Investment Strategy - Toronto

Scotiabank•Toronto, ON

4d•Onsite

About The Position

Contribute to the success of Global Wealth Management's Global Investment Solutions (GIS) team, ensuring specific individual goals are met in support of the team’s objectives. Ensure all activities comply with governing regulations and internal policies and procedures. Responsible for providing timely investment advice to Global Wealth Management investment advisors, with a focus on the equity, fixed income and alternative asset classes, and making asset allocation and investment strategy decisions. The Senior Manager, Investment Strategy is responsible for supporting GIS’ investment strategy team, specifically in respect of macroeconomic analysis and asset allocation decision making. Our team-based approach requires the incumbent to write and review GIS commentary, conduct independent research, assist with proposals and presentations, and liaise with GIS’ equity, fixed income, and pooled investment vehicle (PIV) teams. Accordingly, required skills include a strong knowledge of global capital markets, excellent communication and interpersonal skills, and the ability to work both independently and as part of a team. Applicants with demonstrated organizational and time management skills in a fast-paced, high energy environment are preferred.

Requirements

5 – 10 years of relevant investment management or capital markets experience.
University degree in a related field and completion of the CFA program.
Excellent written and oral communication skills.
Excellent presentation skills combined with effective relationship-building abilities.
Work independently, manage a high volume of work, and meet tight deadlines.
Work effectively within a cross-functional team comprising individuals with varying skills/competencies.
Strong project management skills and willingness to take initiative.
Strong conceptual abilities and excellent perseverance to solve problems and adapt solutions for a wide range of advisors and clients.
Strong judgement, decision-making skills, and attention to detail.
Proficiency in the Microsoft Office suite of applications (particularly Excel) and market data platforms (Bloomberg, FactSet, Refinitiv/LSEG, etc.).

Nice To Haves

A CFA charter would be an asset.
Familiarity with programming and data visualization languages (e.g. R, Python, Bloomberg’s BQuant, Visual C++, Power BI, MATLAB, and SQL) would be an asset.
Experience with machine learning frameworks and artificial intelligence techniques for financial analysis and investment strategy would be an asset.

Responsibilities

Champion a high performance, client-focused culture.
Work closely with the GIS Investment Strategy team to provide timely and conclusive tactical asset allocation recommendations based on quantitative and qualitative macroeconomic research.
Support the management of GIS’ equity, fixed income and PIV guided portfolios by monitoring existing positions and ensuring they are consistent with the group’s tactical asset allocation and macroeconomic outlook.
Provide regular support to Global Wealth Management investment advisors by conducting portfolio reviews for existing clients and creating portfolio proposals to attract new business.
Respond to ad hoc advisor requests with qualified and value-added ideas and opinions.
Educate advisors about GIS’ product/service offering through branch visits, conference calls, and client presentations.
Work closely with Global Wealth Management partners (Global Economics, Global Banking & Markets, Global Asset Management, etc.) to establish GIS as Scotiabank’s thought leadership authority for the benefit of GWM clients.
Proactively share best practices and learning with peers and partners.
Build effective working relationships across the team and with various business line and corporate function contacts.
Maintain a high level of customer service.
Facilitate a culture of open and honest communication.
Encourage the generation of new ideas and approaches.
Understand the bank’s risk appetite and risk culture, and consider both in carrying out day-to-day activities and decisions.
Contribute to the effective and efficient operation of GIS while ensuring the adequacy of, adherence to, and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, anti-money laundering/anti-terrorist financing (AML/ATF) risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.