Senior Manager Pension and Benefits Delivery

1 month ago


Toronto, Ontario, Canada Scotiabank Full time
About the Role

This is a senior leadership position within Scotiabank's Pension and Benefits team. The successful candidate will be responsible for leading and driving a customer-focused culture throughout their team, deepening internal client relationships and leveraging broader Bank relationships, systems, and knowledge.

Key Responsibilities
  • Partner with Pension and Benefits COE, Legal, and all other business lines on the delivery of pension and benefits.
  • Promote and deliver the Canadian Benefits Plan, Absence Management, and wellbeing programs.
  • Oversight and management of retirement and savings plan employee communications, including facilitation, promotion, and delivery of the Bank's retirement and savings plans.
  • Manage vendor relationships for the Canadian and US Pension Plans (Buck, Manulife, Mercer, Aon, and T. Rowe Price) and ESOP/GESOP.
  • Manage and coach a specialized team to identify and drive quality service and continuous process improvement in the administration of the Bank's benefits plan, absence management, retirement, and savings plans.
  • Provide technical subject matter expertise, thought leadership, and advice to internal stakeholders in the delivery of the Bank's retirement programs by applying internal policies and industry standards.
  • Manage the US annual audits completed by KPMG, along with the production of the audited financial statements and filing of the Form 5500's.
  • Support the Bank's M&A activities by acting as a benefits, retirement, and savings SME and coordinating onboarding/exits of employees into the applicable plans.
Requirements
  • Proficiency in Spanish is required.
  • Experience in benefits and absence management administration, understanding of total rewards programs, and human resources policies, practices, and standards.
  • Experience in directing the activities and resources associated with the administration functions of multi-jurisdictional defined contribution retirement and savings programs.
  • Strong knowledge of Canadian federal/provincial and US pension legislation and tax legislation.
  • Strong understanding of Canadian and US pension environment, including competitor/industry/regulator pension and savings plans practices, with the ability to maintain an industry network.
  • Strong analytical and problem-solving skills and ability to perform in-depth analysis.
  • High degree of initiative and sound judgment.
  • Excellent oral and written communication skills.
  • Strong computer skills (Microsoft Excel and Word).
  • CEBS is an asset.
What's in it for You?
  • The opportunity to join a forward-thinking and collaborative team, surrounded by innovative thinkers.
  • A rewarding career path with diverse opportunities for professional development.
  • Internal training to support your growth and enhance your skills.
  • An inclusive working environment that encourages creativity, curiosity, and celebrates success.


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