ScotiaMcLeod Variable Compensation Analyst

Scotiabank; Toronto; On-site; CAD 75,000 - 105,000; Full time

Benefits offered by this job

Scotia Academy access

Inclusive workplace

Job summary

ScotiaMcLeod, a premier wealth management firm, seeks a ScotiaMcLeod Variable Compensation Analyst in Toronto. You will ensure policies are followed, support sales management initiatives, and contribute to a high-performance, inclusive environment.

Ideal candidates have post-secondary education, brokerage exposure, and strong wealth management knowledge, with professional discretion and proactive attitude as assets.

Qualifications

• Post secondary education preferred.
• Accounting/Payroll experience preferred.
• Brokerage experience is an asset.
• Strong knowledge of wealth management concepts.

Responsibilities

• Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships.
• Provides knowledgeable support to management and staff and ensure all HR and ScotiaMcLeod policies are administered in a manner consistent with Scotiabank Standards and procedures.
• Ensure the Service Level Agreements are consistently met.
• Provide expert service by accurately communicating HR and SM policy and procedural changes.
• Maintain confidentiality of employee information.
• Ensure the timely escalation and upwards referral of unresolved/unusual inquiries/outstanding issues.
• Develop a detailed understanding of SM Compensation Policies & Procedures.
• Promptly investigate and respond to inquiries, resolving exceptions and performing timely corrections.
• Provides support on Sales Management policy support, projects and initiatives.
• Contribute to projects and execution of projects.
• Champions a high performance environment and contributes to an inclusive work environment.

Skills

Wealth management concepts

Interpersonal skills

Discretion / confidentiality

Proactive / self-motivated

Education

Post-secondary education

Job description

Title: ScotiaMcLeod Variable Compensation Analyst

Requisition ID: 271682

ScotiaMcLeod, a cornerstone of Scotia Wealth Management®, is a full-service wealth management firm with a proud history dating back to 1921. Known for service excellence, trusted advice, and a collaborative culture, we’re committed to helping clients grow and protect their wealth by understanding their complete financial picture—life, family, business, and future.

Our signature Enriched Thinking® approach brings together investment, wealth planning, and advisory specialists to deliver truly personalized solutions. You’ll be supported by an innovative, team-based environment that values integrity, client focus, and continuous growth.

At ScotiaMcLeod, you’re not just building a career—you’re joining a firm where ideas spark, collaboration thrives, and you’re empowered to reach your full potential while making a real impact in your clients' lives.

Purpose:

The Variable Compensation Analyst contributes to the overall success of ScotiaMcLeod Sales Management in Canadian Wealth Management in Canada 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.

WHAT YOU'LL BE DOING:

Accountabilities:

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Provides knowledgeable support to management and staff and ensure all HR and ScotiaMcLeod policies are administered in a manner consistent with Scotiabank Standards and procedures:
• Ensure the Service Level Agreements are consistently met
• Provide expert service by accurately communicating HR and SM policy and procedural changes.
• Maintain confidentiality of employee information.
• Ensure the timely escalation and upwards referral of unresolved/unusual inquiries/outstanding issues.
• Develop a detailed understanding of SM Compensation Policies & Procedures
• Promptly investigate and respond to inquiries, resolving exceptions and performing timely corrections
• Provides support on Sales Management policy support, projects and initiatives
• Contribute to projects and execution of projects
• Champions a high performance environment and contributes to an inclusive work environment.

DO YOU HAVE THE SKILLS?:

• Education: Post Secondary preferred; Accounting/Payroll experience preferred
• Brokerage experience an asset
• Good knowledge of wealth management concepts; financial instruments
• Strong interpersonal and communication (written and verbal) skills to effectively work with stakeholders, partners and management.
• Highly professional, able to exercise discretion when working with sensitive and confidential information.
• Proactive, self-starting, results-oriented and highly motivated

WHAT'S 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 our 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.