Description
Requisition ID: 240041
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Senior Manager, Retail Investment Product
Contributes to the overall success of the Retail Client Value, Deposits and Investments business in Canada, responsible for strategy, design, development, and management of Mutual Fund product to support Retail Investment and Mutual Fund growth objectives in the Retail Bank. Ensures all activities conducted are in compliance with governing regulations, and internal policies and procedures.
Is this role right for you? In this role, you will:
- Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Develop product strategy aligned to value proposition for prioritized segments by:
- Partnering with Wealth and Smart Investor Teams to deliver best in case client and advisor experience.
- Working closely with Asset Management, identifying & evaluating potential new products, product enhancements, and/or opportunities to simplify/amplify the product shelf
- Working closely with Analytics, Marketing, and Retail Customer Growth partners to understand target segments’ needs, and ensure solutions are customer centric and relevant
- Identifying potential pricing, technology, regulatory and/or operational barriers to implementing ideas
- Work closely with Finance, Analytics, Pricing and Portfolio Management, and Retail Customer Growth to develop client centric public facing campaigns and investment offers to support growth targets.
- Leverage data and analytics to understand client, portfolio and market behaviors. Work with distribution, marketing and analytics partners to build and maintain performance reporting trackers and monitor industry and portfolio trends to enable data-driven portfolio management.
- Manage and execute Mutual Fund projects from inception to delivery, including business case creation.
- Have a solid understanding of the regulatory environment under CIRO and internal organization structure supporting Retail Mutual Fund Distribution, working closely with all key stakeholders including Internal Controls partners, SSI’s Chief Compliance Officer and SSI’s Co-UDPs.
- Play a key role in developing and executing a multi-year strategy to grow Scotiabank’s Retail Investment business by partnering with multiple stakeholders across Retail Banking and Wealth Management.
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Actively pursues effective and efficient operations while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
Do you have the skills that will enable you to succeed in this role? We’d love to work with you if you have:
- Post-secondary education preferred; Master’s degree in Business Administration or Finance is preferred.
- 6+ years of professional experience, preferably in product management or management consulting
- Asset Management and Retail Banking experience is an asset
- Thorough knowledge of the Canadian financial services marketplace and solid understanding of the Retail Investments space, including product offerings, advice delivery models, competitive landscape and regulatory environment.
- Strong qualitative and quantitative financial analysis/research skills.
- Excellent written and oral communication skills, including expert proficiency with power point and excel, creating and delivering strong business focused strategic plans, and driving those plans to fruition.
- Proven relationship management skills with demonstrated seamless collaboration across multiple stakeholders, both internal and external.
What’s in it for you?
- The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
- A competitive compensation and benefits package.
- An organization committed to making a difference in our communities– for you and our clients.
- You can expect to be recognized and rewarded for high-performance. You’ll be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.
- You’ll receive clear, transparent criteria to progress in your career.
Working Conditions
- This role is located in our downtown Toronto, ON office location. Non-standard hours may be required to meet business objectives.
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.

