Scotia Jarislowsky Fraser Portfolio Manager,CRIA Job Toronto area,Ontario Canada,Finance & Banking

Requisition

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

Purpose Of Job

This position is a trusted advisor of private wealth services and acts as registrant in the management of investment portfolios by ensuring asset mix and total return meet client’s short- and long-term income and investment growth goals, using approved securities and following corporate investment strategies.

Work closely with Scotia Jarislowsky Fraser (SJF)
Wealth Managers and Wealth Associates to manage client relationships. Fulfill the role as the investment expert in relationship, assessing clients’ investment needs, setting appropriate investment objectives and ensuring accurate implementation and monitoring of portfolios (KYC / KYP and determining suitability).

Provide mentorship and guidance to Wealth Associates and Wealth Managers on their career development journey towards registration and help them develop their relevant investment management experience.

Major Accountabilities

1. Portfolio Management:

Utilizing the KYC process and Investment Profile Questionnaire (IPQ) to develop an in-depth understanding of client’s needs and determining the appropriate asset allocation model based on needs, risk tolerance and objectives

Recommending an appropriate investment asset mix aligned with life goals, income needs, return expectations and risk tolerance that fulfills client objectives

Collaborating with the Centralized Portfolio Management group and using defined investment management processes to communicate advice to clients on their strategic asset allocation, models and underlying investment portfolio

Regularly monitoring client investment portfolios

Actively managing the client’s Financial Plan and wealth strategy and participating in the client’s annual Financial Plan review process

Developing and executing upon strategies to address unique situations including but not limited to:
Transition of new accounts to central models Accounts with must hold or illiquid positions Unique IPS or Investment Objectives Non-discretionary accounts

Staying abreast of changes to the central models and connecting with the Wealth Advisor to discuss affects to client’s portfolio and stated objectives
• Developing mock meetings and practice for WA recommendations of appropriate investment asset mix aligned with life goals, income needs, return expectations and risk tolerance that fulfills client objectives

2. Client Relationship Management

Working collaboratively with the Wealth Manager to satisfy client needs

Conducting ongoing wealth conversations with clients, developing and sustaining an intimate and ongoing understanding of client life goals, circumstances and wealth needs

Providing life-based wealth advice and solutions, focusing on enabling client goals

Based on an intimate understanding of their clients’ situation, identifying and capitalizing on new business opportunities throughout the lifecycle of client relationships

Consistently delivering the desired client experience during all client interactions

Using strong knowledge of the Bank’s, Scotia Private Client Group and Private Investment Counsel diverse products and services, to ensure the client’s needs are well understood, documented and satisfied

Partnering with all internal product/service business partners, as required ensuring client needs are met

Monitoring of client accounts to ensure optimal profitability is maintained in each relationship

3. Contribute to the effective functioning of the Centralized Portfolio Management team by:

Building effective working relationships across the team and with various business line and corporate function contacts

Maintaining a high level of customer service

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

4. Risk Management/Compliance

Maintaining awareness and ensuring compliance/adherence to all procedures, regulatory…

Scotia Jarislowsky Fraser Portfolio Manager, CRIA