Total Wealth Planning Associate Job in Montreal for Scotiabank |

Total Wealth Planning Associate

July 30 2021
Industries Bank, Insurance, Financial services
Categories Bank, Insurance, Financial Services
Montreal, QC

Requisition ID: 113024

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

Purpose of Job:

The primary purpose of the Total Wealth Planning Associate is to provide financial planning support to the Senior Total Wealth Planners in market.

Major Accountabilities:

  • Prepare financial plans for Senior Total Wealth Planners (STWP) in local market for HNW clients with 1+ million in investable assets.
  • Input client data gathered by the STWP during the discovery meeting, ensure the plan is completed 5 days before a client meeting for all stakeholders to review;
  • Work collaboratively with the STWP to create a preliminary financial plan that addresses the clients immediate and future goals and objectives that will be shared with the Team of Specialists (ToS) for their review and input;
  • Finalize the plan for the STWP in preparation for client presentation;
  • Provide appropriate documentation – Action Plan which outlines recommendations and Next Steps to the Team Manager;
  • Attend weekly meetings with ToSs and advisors to review client files members ;
  • Assist the Team Wealth Manager with referral implementation; as required;
  • Update plans after client meetings as required.
  • Work with Associates and Assistants from other business lines in order to get information about clients required for planning purposes
  • Ensure that all financial plans assigned are accurate, and completed in a timely manner pursuant to a Service Level Agreement.
  • Work with the Central Planning Group in Toronto when at capacity and require help in completing plans to ensure timely delivery.

  • Responsible for the administrative component of the financial planning process, in addition to inputting plans:
  • Save all client files in a back-up network drive for security and audit purposes
  • File all documentation used to complete a plan appropriately and retain for 7 years
  • Order stationary as required for planning – plan covers, binders through head office etc

  • Where necessary work with the Team Wealth Manager to arrange meetings or provide updates on the HNW offering platform

  • Support the compliance / Quality Control mandate in your local area – review plans completed by advisors when requested by the Central Planning Group.
  • Check accuracy, completeness and reasonability of assumptions in Financial Plans created by advisors and other members of the Financial Planning group to mitigate risk to the organization and improve the quality of the financial planning product. (Reviews will be completed in accordance with pre-set criteria and process standards).

Education/Work Experience/Designations



  • In – depth understanding of the comprehensive financial planning process including investments, asset protection, retirement, estate planning and tax issues.
  • College or University degree
  • Working towards CFP, PFP
  • Excellent Computer Skills ( Word and Excel)
  • Excellent interpersonal and telephone skills
  • Client facing role where you would have the opportunity to provide financial advice
  • NaviPlan software experience

Behavioral Competencies

  • Team – focused - Working effectively with others to achieve common objectives. Taking action to create and sustain highly motivated groups to achieve common objectives. Helping integrate and sustain goals, roles and the responsibilities of the team.
  • Accuracy and ThoroughnessEnsuring that work is completed correctly, thoroughly and is of high quality
  • Analytical ThinkingUsing a systematic approach to planning and problem solving.
  • Customer FocusSeeking information about the real, underlying needs of both internal and external customers, and taking personal responsibility for matching those needs to available or customized services. Correcting problems promptly and not defensively
  • Communication - Choosing when and how to convey information and/or ideas concisely in ways that will be clearly understood. Listening to others. Tailoring approach to fit the person or audience. Ensuring internal/external communication channels, upward and downward, are open
  • Results Focused - Maintaining a focus on the task at hand and the desired results. Identifying opportunities for increasing the bottom-line and pushing activities and projects in that direction.

Location(s): Canada : Quebec : Montreal

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.

Apply now!