Senior Manager, Wealth Management Taxation - GTA West

Senior Manager, Wealth Management Taxation - GTA West

1 week ago
• Be among the first 25 applicants

Requisition : 241803

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

The Senior Manager, Wealth Management Taxation plays a key role in supporting wealth advisors, planning specialists, and banking partners across Scotia Wealth Management by providing tax planning expertise and enhancing the delivery of the Total Wealth offering.

• Collaborate with a team of advanced planning specialists to provide tax and estate planning strategies to complex high net worth (HNW) and ultra-high net worth (UHNW) clients as part of a holistic wealth planning process.
• Consult and discuss with advisors and their HNW and UHNW clients about pointed tax information and guidance on options regarding tax, trust and estate, intergenerational wealth transfer, business transition and succession, insurance, philanthropy, and education planning strategies.
• Occasionally participate in business development activities and prospective client meetings.
• Capture and socialise success stories connected to client engagements.
• Continuously identify opportunities to enhance the Advanced Planning and Services and the Wealth Management Taxation teams’ service offerings.

• Excellent verbal and written communication and presentation skills, with the ability to adapt communication style based on audience and to translate complex technical tax and legal concepts into plain language.
• Strong inclination toward strategic competencies – thinking, relationships, and influencing – that support being innovative and evolving the Advanced Planning and Services offering.
• The incumbent must be able to work independently and within a team environment.
• Some national travel will be required to attend internal meetings and conferences.

• Federal and provincial/territorial income tax law pertaining to individuals, trusts, and private corporations.
• Taxation of Canadian Controlled Private Corporations (CCPCs) and their shareholders, including business transition and succession, corporate reorganizations, intergenerational wealth transfer, and various corporate transactions.
• Tax issues related to individuals, estates and trusts, and applicable planning.
• Tax strategies involving the use of life insurance for individuals and their private corporations.
• Tax strategies related to philanthropy, leveraging, and education planning.
• Use and issues related to legal documents such as wills, power of attorneys, trust agreements, shareholder agreements, franchise agreements, etc.
• Ability to read and interpret financial statements and personal, trust, and corporate income tax and information returns.
• Knowledge of U.S. income, estate, and gift taxation and related issues.

• University degree.
• Professional designation (e.g., CPA, LLB/JD).
• CPA Canada In-Depth Tax Program or MTax degree.
• At least 7 years of experience in a professional organization providing tax planning and compliance for HNW and UHNW clients.

• Other professional designations (e.g., TEP, CFP, CLU).
• Experience with In-Depth Tax Issues for the Owner-Managed Business course.
• Solid understanding of financial products and services they are helping advisors to support.
• Solid knowledge of marketplace and competitive practices.

Location:

Toronto, Ontario, Canada (GTA West)

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 during the recruitment and selection process, please let our Recruitment team know.

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 selected for an interview will be contacted.