Requisition ID: 259067

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

Purpose

Contributes to the overall success of the Equity Investments team in Canada ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities are conducted in compliance with governing regulations, and internal policies and procedures.

Accountabilities

• Championing a customer focused culture to deepen client relationships and leveraging broader Bank relationships, systems, and knowledge.
• Contributing to the active management of the public and private equity investment portfolios for both the Bank’s Treasury Investments and Scotiabank’s Pension Plan (with combined assets under management of ~$4 billion).
• Analyzing and researching potential public and private investments with a high level of independence and making investment recommendations to Directors and Managing Director.
• Taking on greater oversight of multiple industry subsectors to become a trusted resource/expert for the team. Initiating new investment ideas within these sectors and monitoring existing investments to identify optimum use of capital within the context of the portfolio(s).
• Providing value-added and forward-looking perspectives on the industries and companies under purview, as well as regular investment thesis updates. Assuming a greater role in team discussions regarding portfolio construction, strategy, positioning and philosophy.
• Coaching and training Investment Analysts and other team members on investment and operational processes.
• Preparing highly detailed company research write-ups, financial models, and comprehensive valuation analysis
• Helping complete the diligence and subscription process for new private equity investments and obtaining all required approvals.
• Following market news, evaluating market data and gathering macroeconomic data to inform analysis on sector-specific and broader market trends. Responsible for keeping abreast of the market dynamics of both public and private equity landscape.
• Participating in meetings with sell-side analysts, company management teams and investor relations personnel for public equity portfolio.
• Participating in meetings with general partners, other limited partners, and industry experts for private equity portfolio.
• Contributing to stakeholder investment reports, including Quarterly Investment Committee package and Pension Investment & Administration Committee packages.
• Completing special research projects as required.
• Preparing, analyzing and presenting portfolio statistics to inform efficient portfolio construction.
• Reporting on portfolio performance for both public and private equity investments and assisting with portfolio performance attribution analysis.
• Managing and reconciling daily valuation reports.
• Managing investee corporate actions, including voting proxies and dividend elections.
• Booking trade tickets into the appropriate IT systems, when required.
• Working with internal and external back-office personnel to resolve trade settlement issues.
• Handling operational requests from internal Scotiabank departments including audit, accounting, product control, risk management and compliance.
• Taking initiative and looking for ways to continuously improve status-quo processes.
• Understands 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 of his/her respective areas, 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.
• Champions a high-performance environment and contributes to an inclusive work environment.

Education / Experience / Other Information

• Completion or progress towards completion of CFA is required.
• University degree in business, economics or another relevant field preferred.
• CA designation or MBA an asset.
• Experience with Bloomberg and financial modeling required.
• Superior analytical, financial, quantitative and information technology (MS Office) skills required.
• Passionate about investing, curious mindset and self-motivated.
• Team player with strong written and communication skills.

Working Conditions

• Work in a standard office-based environment; non-standard hours are a common occurrence. Potential for travel. May have constant time pressures with steady flow of requests with mandated deadlines. Workload is continually subject to reprioritization due to changing global market conditions.

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.