Total Wealth Planning Associate Toronto, ON
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Job Location:
Monthly Salary:
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Requisition ID: 248030
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
Purpose of the Job
The primary purpose of the Total Wealth Planning Associate is to provide planning support to Scotia Wealth Management advisors nationally. Planning Support for the Scotia Wealth Management consist of preparing updating revising and/or coaching a Total Wealth Plan as well as responding to planning software navigational related questions.
Key Job Accountabilities:
1. Primary function of the Total Wealth Planning Associate is to support the Central Planning Group phone and email help line by:
- Answering phone and email inquiries on financial planning questions and technical questions around the TW Architect software (Conquest) e.g. how to model data and strategies
- Assisting users with plans they have created themselves using the Conquest FP software - including reviewing plans for accuracy and co-build plans to full completion
- Become a Subject Matter Expert on the planning software and maintain a high level of customer service
2. Support the planning needs of Scotia Wealth Advisors by:
- Preparing plans submitted to the Central Planning Group
- Inputting client data from documents received
- Working with Advisors to create a Total Wealth Plan that addresses their clients immediate and future goals and objectives
- Providing alternative scenarios or solutions when clients are unable to meet goals
- Identifying and communicating referral opportunities to other Wealth Partners (Team of Specialists)
- Ensuring that all plans assigned are accurate and completed in a timely manner pursuant to the Service Level Agreement
3. Proactively contribute to ongoing professional practice in the Central Planning Group by:
- Maintaining awareness and currency of the latest legislative and other financial industry changes that may affect planning techniques
- Writing articles or bulletins regarding legislative changes planning best practices or ad hoc requests from advisors
- Developing modeling strategies for the software to incorporate new legislation
4. Contribute to the effective functioning of Client Solutions team by:
- Building effective working relationships across the team and with various business lines and corporate function contacts
- Facilitating a culture of open and honest communication
- Actively participating and contributing to touch bases and team meetings
- Encouraging the generation of new ideas and approaches
- Actively share knowledge and experience to enhance the development of all team members
- Developing and executing a meaningful employee development plan
Skills Experience and Functional Competencies
- Understanding of the total wealth planning process including investments asset protection retirement estate planning and tax planning
- Excellent interpersonal and communication skills
- Financial planning software experience
Education and other requirements
- College or University degree
- Interest in working towards CFP designation
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.
Required Experience:
IC
Key Skills
- Business Development
- Estate Law
- Sales Experience
- Trusts
- Wealth Management
- Financial Services
- Organizational skills
- Investment Experience
- Banking
- Securities Law
- Financial Planning
- Wills
About Company
Scotiabank is one of the leading foreign banks serving large national and multinational corporations in the U.S. through its Global Banking and Markets, Global Transaction Banking and Wealth Management business lines.
