Associate Trust Officer - Toronto

Scotiabank; Canada; On-site; CAD 55,000 - 75,000; Full time

Job summary

Join Scotiabank as an Associate Trust Officer, where you will provide exceptional estate and trust services while ensuring compliance with regulations. Located in Toronto, you'll manage designated accounts, identify new growth opportunities, and support clients with tailored services, playing a crucial role in their financial journey.

Qualifications

• University Degree or equivalent experience.
• Successful completion of Canadian Securities Course.
• Progress towards Trust Institute designation/diploma.

Responsibilities

• Providing personalized service to clients and beneficiaries.
• Ensuring compliance with policies and procedures.
• Identifying new business opportunities.

Skills

Knowledge of trust accounting principles

Understanding of Trust Policies

Knowledge of Financial Planning

Education

University Degree or equivalent experience

Progress towards Trust Institute designation/diploma

Successful completion of Canadian Securities Course

Job description

Requisition ID: #

Join a purpose-driven, high-performing team

As the Associate Trust Officer, you will provide clients and beneficiaries with estate, trust, and agency administration services, ensuring compliance with policies, procedures, legislation, and client needs. You will manage designated accounts, possess sound technical knowledge of estates and trusts, and support larger accounts as needed.

Responsibilities include:

1. Providing personalized service to clients and beneficiaries, ensuring timely and accurate account administration.
2. Ensuring compliance with policies, procedures, and audit standards, and documenting activities thoroughly.
3. Creating and reviewing accounting entries, managing cash positions, and taking remedial actions when necessary.
4. Preparing and obtaining approval for fee calculations, forecasting fee collections, and managing variances.
5. Serving as the Primary Relationship Manager (PRM) for clients, developing in-depth understanding of client needs, and coordinating with the team of experts.
6. Fostering an environment of effective operations, adhering to values, conduct, and risk management standards.
7. Working closely with the client’s PRM to identify and implement strategies for client needs and growth opportunities.
8. Identifying new business opportunities and assisting in referral processes.

Qualifications include:

1. Successful completion of Canadian Securities Course.
2. University Degree or equivalent experience.
3. Progress towards Trust Institute designation/diploma.
4. Knowledge of trust accounting principles and systems.
5. Understanding of Trust Policies and Wealth Management products.
6. Knowledge of Financial Planning processes and tools.

Location: Toronto, Ontario, Canada

Scotiabank is committed to diversity and inclusion. Accommodations are available upon request during the recruitment process. Only online applications will be considered. We thank all applicants, but only those selected for an interview will be contacted.