Scotiamcleod - Manager Variable Compensation and

7 months ago

Toronto, Canada Scotiabank Full time

Requisition ID: 193630

As a cornerstone business within Scotia Wealth Management®, ScotiaMcLeod has earned a reputation for integrity based on service excellence and trusted investment advice. Our advisors and teams pride themselves on exploring innovative approaches to protecting and growing their clients' assets.

When you join ScotiaMcLeod, you’ll be empowered to deliver Enriched Thinking®, a unique approach that incorporates your client’s thinking, as well as our thinking, to drive results. You’ll work with a team of specialists to deliver a client-centric approach to wealth management, enabling you to consider all the facets of your client’s life, family and business. With a focus on total wealth planning, and wealth specialists to help you deliver on this unique value proposition, you’ll be enabling clients to see not just the big picture, but all the little ones too.

**INTRODUCTION**:
The Manager, Variable Compensation and Reporting leads and oversees Variable Compensation, ScotiaMcLeod, Global Wealth Management in Canada ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.

**WHAT YOU’LL BE DOING**:
In this role you will:

- Lead and drive a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Provide day-to-day management and oversight to the Variable Compensation team to achieve a high level of accuracy and detail when administering commissions and payroll for ScotiaMcLeod Wealth Advisors and Support Staff.
- Provide leadership on Sales Management policy support, project management and initiatives to streamline and drive improvements and updates to compensation processes, support payment and reporting needs.
- Lead and provide guidance to Branch Management teams on compensation related issues while ensuring the highest quality client service.
- Act as primary point of contact with HR Services teams to provide guidance, direction and expertise on Advisor and support staff compensation enquiries and issues, ensuring timely and accurate resolution.
- Build a high performance environment and implement a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours.

**DO YOU HAVE THE SKILLS**:
We’d Love to work with you if you have:

- CSC/CPH and Brokerage experience preferred
- Knowledge of compliance and regulatory issues preferred
- Must have good knowledge of wealth management concepts; financial instruments
- Knowledge of back office operational processes and end to end workflows an asset
- Ability to lead change management processes and have strong planning, organizational and problem-solving skills to anticipate and manage issues proactively
- Must possess strong interpersonal and communication (written and verbal) skills to effectively work with stakeholders, partners and senior management
- Highly professional and able to exercise discretion when working with sensitive and confidential information

**WHATS IN IT FOR YOU**
- At ScotiaMcLeod we help employees build their futures - where they can be themselves, and win together. With a commitment to diversity and inclusion and a performance-oriented culture that includes coaching, learning, and development - there are endless possibilities. At ScotiaMcLeod
- you can make an impact. You help make the futures of our 25 million customers happen. You can find your future here.
- The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
- An organization committed to making a difference in our communities
- for you and our clients.
- An inclusive working environment that encourages creativity, curiosity and celebrates success.
- Learning and Development - free access to Scotia Academy to upskill and develop your skills

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.

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