Assistant Manager, Tax Reporting Department (GWO)

Scotiabank; Toronto; Hybrid; CAD 80,000 - 110,000; Full time

Benefits offered by this job

Bonus program

Flexible vacation

Personal and sick days

Comprehensive benefits

Diversity, Equity, Inclusion & Allyhip

Accessibility and workplace Accommodat

Job summary

Scotiabank is seeking a Tax Reporting Analyst in Toronto to contribute to the global tax reporting framework for multiple subsidiaries. The role focuses on tax treatment, slip production, and regulatory compliance, while maintaining strong client service and cross-functional collaboration.

You will work in a hybrid environment with standard and tax-season pressures, ensuring timely, accurate tax receipts and audits support. Previous tax experience and Broadridge tools are advantageous.

Qualifications

• Experience in tax reporting and filing processes.
• Knowledge of taxability related to dividends, income processing and reorganisations.
• Strong reconciliation and analytical skills.
• Familiarity with tax forms production and regulatory reporting.

Responsibilities

• Act as subject matter expert for Scotiabank client tax compliance.
• Oversee tax treatments and tax slip production for clients.
• Ensure adherence to compliance frameworks and internal controls.
• Collaborate with internal stakeholders on withholding procedures for US source income.
• Support periodic reviews and certification for compliance.
• Provide high-quality customer service to internal and external clients.

Skills

Tax reporting

Analytical skills

Regulatory compliance

Reconciliation

Client service excellence

Education

College or University degree related to Taxation or Accounting

Tools

Broadridge platforms

TFP

TXSY

CDS

DTCC

BFS

AS400

Job description

Select how often (in days) to receive an alert:

Requisition ID: 277348
Employee Referral Program – Potential Reward:$1,000.00
We are committed to investing in our employees and helping you continue your career at Scotiabank.

The Role

Contributes to the overall success of the GWO Tax Reporting team for globally held assets in Prime brokerage, Scotia Capital Inc., Scotia Wealth Management, ITRADE, ScotiaTrust, BNS Custody Services, MD, SCUSA and BNS Foreign Subsidiaries ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

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

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Main point of contact for client inquiries related to tax, and subject matter expertise in all aspects of QI tax compliance.
• Oversee all aspects of Scotia duties related to tax treatment and tax forms production.
• Responsible for all policy and procedure documentation to ensure the reporting and reconciliation requirements are met with the IRS and internal audit obligations.
• Reconciliation and analysis of income and tax procedures and maintain satisfactory internal and external audit/regulatory/risk review.
• Be a role model for delivering quality customer service interaction to our internal and external customers and exceed their expectation and create positive experience.
• Collaborate with internal stakeholders to ensure that the necessary withholding procedures are in place for US source income.
• Assist the management with periodic reviews and certification of compliance.
• As a Tax Reporting Analyst, you will be the subject matter expert in all aspects of Scotiabank client tax compliance and oversee all aspects of Scotiabank duties relevant to tax treatments and oversees the tax slip production and distribution to all clients.
• Play a crucial role in ensuring that Scotiabank reputation is protected by adhering to Scotiabank compliance and risk framework.
• Ensure operational efficiency of the Tax Reporting Dept. is maintained at a high level in accordance with approved policy and procedures.
• Analyse the annual tax campaign activities as it pertains to Regulatory Reporting (CRA &/OR QI &/OR FTT Reconciliation in a timely and accurate basis
• Ensure a high level of customer service level is provided to internal clients including Scotia Capital, Wealth Management (Scotia McLeod / iTrade / Scotia Trust) and the Bank (Custody Services)
• Effectively manage risk and minimize losses and ensure effective procedural internal controls are in place.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, 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.
• Champions a high-performance environment and contributes to an inclusive work environment.

Dimensions

• Tax Reporting are directly responsible for providing related services to all the accounts for Scotia Capital Inc., Scotia Wealth Management, ITRADE, ScotiaTrust, BNS Custody Services, MD, SCUSA and BNS Foreign Subsidiaries.
• There is significant responsibility for ensuring clients receive accurate and timely tax receipts by ensuring all tax programs are updated correctly.
• Providing prompt and accurate response to branch queries regarding client tax receipts
• Conducting Risk Control functions related to balancing accounts, remittances and time and accurate reporting to regulatory bodies.

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

• 1-2 or more years of experience in tax reporting / filing process
• Working knowledge of taxability wrt to dividends, income processing, and reorg
• Problem solver and passionate about delivering quality service
• Customer Centric mindset
• Knowledge of Broadridge platforms
• Working knowledge of the following systems: TFP, TXSY, CDS, DTCC, BFS, AS400.
• College or University degree related to Taxation or Accounting Preferred (3-year program)
• Tax related courses, certifications, or industry designation.
• Strong reconciliation and analytical skills

Working Conditions

• Work in a Hybrid environment; non-standard hours are a common occurrence.
• Jan to April annually is considered Tax season and regarded as blackout for any vacation booking
• Thrive in a fast-paced environment and can manage completing priorities effectively.
• Critical deadlines must be met to avoid potential penalties on meeting IRS deadlines

What’s in it for you?

• Opportunity to engage with various GBM business groups on KYC/AML topics and client outreach activities
• Opportunity to enhance knowledge of GBM’s global product offering, business lines and functional processes, as well as gain exposure to the overall bank
• Opportunity to build strong strategic relationships across broad partner and stakeholder groups within GBM globally and across the bank
• Be a key member of a dynamic and engaged team with strong leadership and focused personal and career development support
• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities – for you and our customers.
• A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.

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.