Associate Director, Equity Research Business Management - Toronto

Requisition ID: 228204

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

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America operating globally for over 100 years. Scotiabanks strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing mergers & acquisitions corporate banking institutional equity sales trading and research fixed income products derivatives energy foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

Purpose
Directly leads two operations managers while indirectly managing with Canadian Research Analysts a team of approximately 30 individuals in Canada including Research Associates equity research rotational staff co-op students. The mandate for this position includes the execution of business operations including financial budget management and human capital functions for the Equity Research department.

What Youll Do:

• Hire and indirectly manage a team of approximately 30 Research Associates in Canada ensuring that these individuals develop their skills to become high-performing Associates during their approximate 3- to 5-year tenure in Equity Research.
• Build a farm team of Associates for future Research Analyst openings.
• Manage an operations team to support finance Research Associate human capital and other administrative support for the Research team.
• Champion a high-performance environment and execute a people strategy that includes attracting retaining developing and motivating the team by fostering diversity and an inclusive work environment managing succession and development planning for Research Associates.
• Build and manage an annual budget of $60 million and the quarterly variance analysis process.
• Lead and provide oversight and direction on the implementation of large projects and initiatives.
• Develop training and career development initiatives for Research Associates and Operation teams.
• Represent the Equity Research department on committees or working groups as required.
• Partner and interface with various areas of the Bank regarding initiatives impacting Equity Research.
• Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabanks Values its Code of Conduct and the Global Sales Principles while ensuring the adequacy adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational compliance AML/ATF/sanctions and conduct risk.
• Builds a high-performance environment and implements a people strategy that attracts retains develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vision/values/business strategy; and managing succession and development planning for the team.

What Youll Bring:

• A business degree or relevant designation.
• Experience leading coaching mentoring staff to motivate and bring about efficiencies and creativity.
• Effective interpersonal collaboration and relationship-building skills.
• Superior written communication skills along with strong strategic influencing and negotiation skills.
• Experience in financial budgeting and expense management.
• Ability to deal with ambiguity and adapt in response to unexpected change.
• Experience leading large projects and an ability to meet timelines.
• A sound understanding of Scotiabank policies that impact Equity Research Sales & Trading and other related areas such as investment banking.
• Ability to act as a bridge between various teams across the bank (e.g. Research/Finance/HR).
• Product knowledge and capital markets experience would be an asset.

Work Arrangement:
This position is currently an hybrid role with the expectation that you will work at least 3 days a week in the office. Please note that this is subject to change based on the needs of the business.

Interested

If your experience is closely related but doesnt align perfectly with every qualification we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank every employee is empowered to reach their fullest potential respected for who they are and embraced for their differences. Thats why we work to grow and diversify talent and engage employees in a performance-oriented culture.

Whats in it for you

Scotiabank wants you to be able to bring your best self to work and life every day. With a focus on holistic well-being our many flexible benefit programs are designed to help support your unique family financial physical mental and social health needs.

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.