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Scotiabank Associate Private Banker, International (12-Month Contract) in Toronto, Ontario

Associate Private Banker, International (12-Month Contract)

Requisition ID: 205505

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

Purpose:

The Associate Private Banker is a portfolio management support role responsible for contributing to the management and development of client, through the sound administration of assigned accounts and the delivery of the highest standard of personal service. The Associate Private Banker possesses the skills and product knowledge to deliver private banking services and support lending solutions consistent with the Private Banking client’s needs. Through the daily interactions with both clients and colleagues, the Associate will foster strong relationships based on mutual trust and confidence.

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

Assist in the effective management of client relationships and provide the highest quality customer service:

  • Developing and maintaining a thorough knowledge of each relationship, including the nature of the account, its financial strength, banking requirements and future goals and direction.

  • Establishing a harmonious relationship with the International Private Banking clientele ensuring that his/her needs are met promptly and resourcefully.

  • Responding quickly and resourcefully to requests from customers, International Private Banking management, and other senior Bank officers.

Participate in the growth of the International Private Banking Unit portfolio and profitability:

  • Developing and maintaining a full knowledge and understanding of Bank products and services, and an awareness of competitor products and services.

  • Assisting in monitoring and analyzing each account to ensure optimum profitability, including preparing detailed proposals for correcting revenue deficiencies.

  • Assisting in the design of profitable effective and competitive banking proposals for existing customers.

  • Maintaining regular contact with existing customers to ensure effective management retention and expansion of banking relationships.

Assist in maintaining effective operation of the International Private Banking Unit:

  • Incumbent will work closing with Assistant Branch Manager to ensure Bank policies and procedures are follow.

  • Organizing workflows to maintain maximum efficiency

  • Preparing returns and correspondence in an accurate and timely manner.

  • Complying with regulatory requirements as part of the service process, including Know Your Client

  • (KYC), Canada Deposit Insurance Corporation (CDIC), Financial Consumer Agency of Canada

  • (FCAC), Anti-Money Laundering/Anti-Terrorist Financing (AML/ATF), Privacy and Occupational

  • Health & Safety (OHS) requirements, processes and guidelines as well as SSI guidelines/processes;

  • Immediately reporting/escalating fraudulent activities, unusual occurrences, issues/deficiencies/trends to the Manager Client Service, Private Banking Unit Head, Centre Director, National Private Banking Compliance Officer, and/or applicable Private Banking EO/Shared Services department, as appropriate     

Do you have the skills to enable you to be successful in this role? We would love to work with you if you have:

  • The incumbent must have minimum 3 years Commercial or Retail banking experience, as well as an understanding of commercial credit principles.

  • University or community college degree preferred;

  • Must have a good understanding of tax, estate and financial planning and investment vehicles;

  • The incumbent must be able to relate comfortably with affluent and influential clientele in both a business and social content, demonstrating an ability to display a high degree of poise and professionalism at all times;

  • The incumbent will deal with clients on an ongoing basis to respond to the client’s needs;

  • The incumbent must have exceptional interpersonal skills;

  • Ability to develop solid relationships with the client base;

  • Must have thorough knowledge of all Retail Bank products and services as well as a thorough understanding of commercial and retail credit principles;

  • Strong communication skills;

  • Bilingual English and Spanish;

  • A high degree of flexibility is required to adapt to a wide variety of tasks and functions. Strong PC skills are necessary as the incumbent uses a PC for a variety of sales and sales management activities     

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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.

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