Director, Alternative Asset Allocation Montreal, QC

Requisition ID: 245237

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

The Director Alternative Asset Allocation plays a pivotal role in advancing Scotia Global Asset Managements leadership in portfolio construction and alternative investments.

This role is responsible for designing positioning and supporting the use of alternative asset classessuch as liquid alternatives private equity private credit real assets and infrastructurewithin advisor and institutional client portfolios across a multi-channel and brand distribution network. (Dynamic Scotia Wealth Tangerine MD Management & International).

The Director acts as a strategic partner to distribution and product teams helping advisors and clients integrate alternative investments into holistic portfolio solutions that drive better diversification yield enhancement and risk adjusted returns to meet the needs and long-term outcomes in client solutions.

The successful candidate will combine strong technical investment acumen with commercial awareness and communication excellence serving as a key link between the investment platform and client-facing teams across Canada and global markets

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

Advisor & Distribution Partnership

• Partner closely with the retail and institutional distribution teams to position alternative investments and multi-asset solutions with advisors consultants and portfolio managers.
• Deliver portfolio insights analytics and customized asset allocation recommendations to demonstrate the role of alternatives within broader investment solutions.
• Support advisor and client education through presentations workshops and written materials that simplify complex investment concepts.
• Act as a trusted investment partner to the sales organization providing pre- and post-sales portfolio consultation and thought leadership support.

Portfolio Design & Asset Allocation

• Design strategic and tactical asset allocation frameworks incorporating private and alternative asset classes across multiple investor risk profiles.
• Develop model portfolio illustrations showing the impact of alternatives on portfolio diversification income generation and downside protection.
• Collaborate with investment management teams to align portfolio views market assumptions and long-term return expectations.
• Leverage analytics and scenario analysis tools to support advisor portfolio construction discussions.

Product & Platform Collaboration

• Work with Product Strategy and Investment teams to identify opportunities to expand and enhance the firms suite of alternative investment offerings.
• Provide input on product design packaging and positioning to ensure alignment with advisor and client needs.
• Contribute to the creation of marketing and educational content that articulates the value of alternatives within client portfolios.
• Ensure consistency and clarity in the firms alternative investment narrative across all channels.

Thought Leadership & Representation

• Represent the firm as a subject-matter expert in alternative investing and portfolio construction at conferences client events and industry forums.
• Produce thought leadership insights white papers and presentations that reinforce the firms market perspective and investment expertise.

Provide training and enablement to internal distribution and product teams to strengthen understanding of alternative strategies and their application in client portfolios.

Enterprise Accountabilities

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
• Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of their 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.
• Champions a high performance environment and contributes to an inclusive work environment.

Education and Professional Experience:

• 10 years of experience in asset management investment consulting or product strategy with a focus on alternative investments and multi-asset portfolio construction
• CFA and/or CAIA designation strongly preferred
• MBA or masters degree in finance economics or related field an asset.

Do you possess the skills that will enable you to succeed in this role We would be happy to work with you if you meet the following requirements:

• Strong knowledge of private markets (private equity private credit infrastructure and real assets) and liquid alternatives.
• Proven ability to work collaboratively across investment product and distribution functions.
• Exceptional communication and presentation skills with experience engaging both institutional and retail advisory audiences.
• Advanced proficiency in portfolio analytics capital market assumptions and risk modeling.
• Client-Centric Thinking: Deep understanding of advisor and investor needs with the ability to translate investment complexity into clear actionable guidance.
• Strategic Collaboration: Skilled in aligning cross-functional teams to deliver integrated solutions that support business growth.
• Commercial Acumen: Strong understanding of market dynamics product positioning and advisor engagement strategies.
• Analytical Rigor: Ability to balance qualitative judgment with quantitative insights in portfolio construction.
• Leadership Presence: Credible articulate and comfortable representing the firm in both internal and external forums.
• Bilingualism is an asset

Working Conditions:

Work in a standard office-based environment; non-standard hours are a common occurrence. Moderate travel domestically

In addition to French the successful candidate must also have sufficient knowledge of English as the work involves interacting and collaborating regularly with groups and individuals based in Toronto as well as constantly interacting with other people including clients who speak English locally and elsewhere.

Location(s): Canada : Quebec : Montreal

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.