About Company
Scotia Wealth Management is part of Scotiabank, one of North America’s leading financial institutions and Canada’s most international bank. We provide a holistic approach to wealth management, offering an integrated team of specialists in financial planning, private banking, investment management, trusts, and estates. Our commitment is to deliver personalized, comprehensive solutions that help our clients achieve their financial goals and preserve their legacies across generations. At Scotia Wealth Management, we foster a culture of integrity, excellence, and collaboration, where our employees are empowered to make a meaningful impact, innovate, and grow their careers. We are deeply committed to the communities we serve, striving to make a positive difference through various initiatives and fostering an inclusive environment where every voice is valued.
Job Description
Are you an ambitious and detail-oriented individual eager to launch your career in the dynamic world of financial services? Scotia Wealth Management, a proud part of Scotiabank and a leader in integrated wealth management solutions, is seeking a dedicated Finance Operations Trainee to join our esteemed team in Forest Hill, Toronto. This entry-level position is a unique opportunity for a recent graduate or an aspiring professional to gain hands-on experience and develop a foundational understanding of the critical operational processes that underpin successful wealth management.
As a Finance Operations Trainee, you will embark on an exciting journey, working closely with experienced professionals to support the seamless execution of our daily financial operations. Your role will be instrumental in ensuring accuracy, efficiency, and compliance across various functions, from transaction processing and data reconciliation to report generation and system management. You will delve into the intricacies of client account management, trade settlements, portfolio administration, and regulatory adherence, all while contributing directly to our commitment to client satisfaction and operational excellence. This foundational role offers a comprehensive introduction to the backbone of financial services, giving you practical exposure to the daily workings of a high-performing wealth management division.
You’ll spend your days assisting with critical financial data entry, meticulously reviewing documents for accuracy, and learning to navigate the sophisticated internal systems that power our operations. Collaboration will be key, as you’ll work alongside seasoned financial analysts, operations specialists, and client service teams, gaining diverse perspectives and building invaluable professional relationships. This isn’t just a job; it’s a comprehensive training ground designed to equip you with the skills and knowledge necessary for a thriving career in finance. You’ll be exposed to cutting-edge financial technologies and best practices, learning to identify opportunities for process improvement and contribute to innovative solutions. We believe in nurturing talent, and you will receive dedicated mentorship and support, allowing you to grow both personally and professionally within a collaborative and inclusive environment. You’ll have the chance to interact with various internal departments, understanding how each piece contributes to the holistic client experience and our overarching business objectives. If you possess a keen eye for detail, a strong aptitude for numbers, a proactive learning mindset, and an unwavering desire to contribute to a leading financial institution, we encourage you to apply. Join us and build the bedrock of your finance career with a global leader committed to your success and professional development.
Key Responsibilities
- Assist with accurate and timely data entry for various financial transactions and records.
- Support the reconciliation of accounts, ensuring discrepancies are identified and resolved promptly.
- Learn and effectively utilize internal financial systems and software for operational tasks.
- Prepare and compile basic financial reports, summaries, and documentation for internal use.
- Participate in initiatives aimed at improving operational processes and efficiency.
- Help ensure adherence to regulatory guidelines and internal compliance policies.
- Collaborate effectively with team members and other departments to facilitate smooth operations.
- Undertake special projects and assignments as directed to support the team’s objectives.
Required Skills
- Strong analytical and problem-solving abilities.
- Exceptional attention to detail and commitment to accuracy.
- Proficiency in Microsoft Office Suite, particularly Excel.
- Basic understanding of financial concepts and principles.
- Excellent verbal and written communication skills.
- Ability to learn new systems and processes quickly.
- Strong organizational skills and ability to manage multiple tasks.
Preferred Qualifications
- Bachelor's degree or currently pursuing a degree in Finance, Business Administration, Economics, or a related field.
- Previous internship or volunteer experience in an office or financial setting.
- Familiarity with financial software or databases.
- Demonstrated interest in the financial services industry.
Perks & Benefits
- Comprehensive health and dental benefits package.
- Generous paid time off and statutory holidays.
- Extensive professional development and training opportunities.
- Dedicated mentorship programs to support career growth.
- Employee assistance program for personal and professional support.
- Opportunities for career advancement within a global financial institution.
- Employee discounts on banking services and products.
How to Apply
To apply for this exciting opportunity, please click on the application link below. We encourage you to submit your resume and a cover letter outlining your interest in finance operations and why you would be a great fit for Scotia Wealth Management. We thank all applicants for their interest; however, only those selected for an interview will be contacted.