Senior Manager, Retail Investment Products

Title: Senior Manager, Retail Investment Products

Requisition ID: 212599

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

Please note this job posting will be active until December 31, 2024 to account for the holiday season. Applications will be reviewed in January 2025. Please expect a delay in the recruitment process.

As the Senior Manager, Retail Investment Products, you will contribute to the overall success of the Retail 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. You will also ensure 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:

1. Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
2. Develop product strategy aligned to value proposition for prioritized segments.
3. Partner with Wealth and Smart Investor Teams to deliver best in case client and advisor experience.
4. Work closely with Asset Management, identifying & evaluating potential new products, product enhancements, and/or opportunities to simplify and amplify the product shelf.
5. Work closely with Analytics, Marketing, and Retail Customer Growth partners to understand target segments’ needs, and ensure solutions are customer centric and relevant.
6. Identify potential pricing, technology, regulatory and/or operational barriers to implementing ideas.
7. 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.
8. Leverage data and analytics to understand client, portfolio and market behaviors.
9. 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.
10. Manage and execute Mutual Fund projects from inception to delivery, including business case creation.
11. 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.
12. 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.
13. Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

1. Post-secondary education in a related field; Master’s degree in Business Administration or Finance is preferred.
2. Several years of professional experience, preferably in product management or management consulting.
3. Asset Management and Retail Banking experience is an asset.
4. 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.
5. Strong qualitative and quantitative financial analysis and research skills.
6. Excellent written and oral communication skills, including expert proficiency with PowerPoint and Excel, with the ability to create and deliver strong business focused strategic plans, and drive those plans to fruition.
7. Proven relationship management skills with demonstrated seamless collaboration across multiple stakeholder internally and externally.
8. Comfortability working in a hybrid work environment.

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.