Manager, Investment Management Office

Senior Business Analyst, Global Investment Management Office Join to apply for the

Senior Business Analyst, Global Investment Management Office

role at

Scotiabank

Requisition ID: 238369

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

As the

Senior Business Analyst , Investment Management Office, you will act as a key contributor to the Scotia Investment Management business reporting to both the Director, Investment Management Development and the Director, Investment Management Office.

You will ensure the effective and timely delivery of initiatives in support of the 1832 Asset Management business and other Scotia Investment Fund Manufacturers (IFMs) globally.

In this role, you will have significant input into the Investment Management compensation plans, acting as a key resource in ensuring that the PM compensation process is well supported and will participate in the overall process from start to finish on an annual basis. As the Senior Business Analyst, IMO, you will also be responsible for executing on business matters, internal analysis and reporting, internal administration and associated processes in support of the investment management team.

Is this role right for you? In this role, you will:

Participate in the on-going administration of incentive-based compensation plans for the team of investment professionals within 1832 Asset Management (1832 AM)

Participate in the annual review and administration of the incentive-based compensation plans, including plan formulation, design, implementation, calculation and payment of annual incentives

Collaborate with key internal partners on compensation plan design and implementation

Work in partnership with the GAM Finance team to ensure ensuring timely administration of issues related to the Investment Counsel team compensation, including the administration and delivery of Annual Fund Management Worksheets (AFMWs)

Ensure the effective and accurate internal operations of 1832

Participate in the preparation of regular and as/required internal management reports

Participate in the expense review process and ensure the prompt and timely payment of outstanding invoices to our vendors and partners where required. Support the execution and delivery of the Soft Dollar program for the Investment Management business.

Assist in the deployment, as required, of business tools required for the effective storage and reporting of internal metrics and key performance, compensation and indicators, and frequently reviewed data used by 1832 AM

Ensure the accuracy of data contained within 1832 tools and systems; conduct regular reviews and testing of data to ensure compliance to 100% accuracy

Work closely with the Director, Investment Management Development and the Director, Investment Management Office, to effectively execute the business strategy of 1832 Asset Management and other IFMs

Skills Do you have the skills that will enable you to succeed in this role? –

Undergraduate degree in business or related field.

Working toward a graduate degree or other designation (CPA, MBA) is an asset.

Minimum 4 – 6 years of experience working with investment management teams

Knowledge of investment management compensation processes would be an asset.

Results-focused, with project management and technical skills.

Excellent communication skills, both verbal and written.

Exceptional attention to detail.

Familiarity with the business planning process.

Strong organizational skills; and

Ability to work with various matrix teams across the Bank

Dimensions

Annual spend on investment professional compensation is in excess of $40 million. Success in this role will be measured by 100% accuracy in the administration of these incentive-based compensation plans, as small errors can be extremely costly

Assets Under Management for 1832 AM is over $200bn, with a team of ~160 investment management professionals

Successful and value-add support to the Director, Business Planning and Operations and meaningful participation of all projects/program cycles, respecting critical deadlines within established timelines and within budget

This position requires a high degree of analytical and communication skills. The incumbent must handle a significant workload and must determine priorities between competing demands as workflows from many sources. The incumbent is often required to work under tight timelines and deadlines to ensure analysis of materials is executed quickly and thoroughly. The working environment can be stressful, due to tight and inflexible deadlines and constantly shifting priorities with little warning given of changing work volumes.

This role is also responsible for working with a team of ~160 investment management professionals, each with mandates varying in degree of complexity.

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.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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