Total Wealth Planning Associate - 12-month contract - Toronto, ON

Scotiabank; Old Toronto; On-site; CAD 60,000 - 80,000; Full time

Job summary

Join a purpose-driven team as a Total Wealth Planning Associate, where you will provide essential financial planning support to Senior Total Wealth Planners. This role involves preparing detailed financial plans for high-net-worth clients, ensuring accuracy and compliance, and collaborating with various stakeholders. As part of a leading bank in the Americas, you will contribute to a culture that values inclusivity and high performance. If you are passionate about financial services and eager to make a meaningful impact, this is an exciting opportunity to enhance your career while helping clients achieve their financial goals.

Qualifications

• University degree required; pursuing CFP designation is a plus.
• 2+ years in an advisory role within Financial Services.

Responsibilities

• Prepare financial plans for HNW clients with $2+ million assets.
• Support compliance and quality control for financial plans.

Skills

Team-focused

Accuracy and Thoroughness

Analytical Thinking

Customer Focus

Communication

Results Focused

Education

University degree

Working towards a financial planning designation (CFP)

Minimum of 2 years experience in an advisory role

Job description

Title: Total Wealth Planning Associate - 12-month contract - Toronto, ON

Requisition ID: 213540

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

Purpose of Job:

Financial Planning is a key service provided to clients of Scotia Wealth Management. The primary purpose of the Total Wealth Planning Associate is to provide financial planning support to the Senior Total Wealth Planners in the Toronto market.

Major Accountabilities:

1. Prepare financial plans for Senior Total Wealth Planners (STWP) in local market for HNW clients with $2+ million in investable assets.
   Input client data gathered by the STWP during the discovery meeting, ensure the plan is completed 5 days before a client meeting for all stakeholders to review; Work collaboratively with the STWP to create a preliminary financial plan that addresses the clients immediate and future goals and objectives that will be shared with the Team of Specialists (ToS) for their review and input; Finalize the plan for the STWP in preparation for client presentation; Provide appropriate documentation – Action Plan which outlines recommendations and Next Steps to the Team Manager; Attend weekly meetings with ToSs and advisors to review client files members; Assist the Team Wealth Manager with referral implementation; as required; Update plans after client meetings as required. Work with Associates and Assistants from other business lines in order to get information about clients required for planning purposes. Ensure that all financial plans assigned are accurate, and completed in a timely manner pursuant to a Service Level Agreement. Work with the Central Planning Group in Toronto when at capacity and require help in completing plans to ensure timely delivery.
2. Responsible for the administrative component of the financial planning process, in addition to inputting plans:
   Save all client files in a back-up network drive for security and audit purposes. File all documentation used to complete a plan appropriately and retain for 7 years. Order stationary as required for planning – plan covers, binders through head office etc. Where necessary work with the Team Wealth Manager to arrange meetings or provide updates on the HNW offering platform.
3. Support the compliance / Quality Control mandate in your local area – review plans completed by advisors when requested by the Central Planning Group.
   Check accuracy, completeness, and reasonability of assumptions in Financial Plans created by advisors and other members of the Financial Planning group to mitigate risk to the organization and improve the quality of the financial planning product. (Reviews will be completed in accordance with pre-set criteria and process standards).

Education/Work Experience/Designations:
University degree; Working towards a financial planning designation (CFP); Minimum of 2 years of experience in an advisory role within the Financial Services industry.

Skills:
Team – focused: Working effectively with others to achieve common objectives.
Accuracy and Thoroughness: Ensuring that work is completed correctly, thoroughly and is of high quality.
Analytical Thinking: Using a systematic approach to planning and problem solving.
Customer Focus: Seeking information about the real, underlying needs of both internal and external customers, and taking personal responsibility for matching those needs to available or customized services.
Communication: Choosing when and how to convey information and/or ideas concisely in ways that will be clearly understood.
Results Focused: Maintaining a focus on the task at hand and the desired results.

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. 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.