About this role
Job title: Senior Manager, Wealth Management Taxation
About the Role 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. This role combines tax and estate planning insight with client-focused wealth management to help high net worth clients optimize outcomes.
What You'll Do
- 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 that clients may then consider and implement with their own tax and legal advisors.
- Consult and discuss with advisors and their HNW and UHNW clients pointed tax information and guidance highlighting options regarding tax, trust and estate, intergenerational wealth transfer, business transition and succession, insurance, philanthropy, and education planning strategies to consider, which may then be implemented with their own tax and legal advisors.
- Occasionally participate in business development activities and prospective client meetings.
- Capture and socialize success stories connected to client engagements.
- Continuously identify opportunities to enhance the Advanced Planning and Services and the Wealth Management Taxation teams’ service offerings.
What We're Looking For
- Excellent verbal and written communication and presentation skills with the ability to adapt communication style based on audience, taking complex technical tax and legal concepts and communicating them in plain language when necessary.
- Strong inclination towards strategic competencies – thinking, relationships, and influencing – that will support the ability to be innovative and evolve the Advanced Planning and Services offering.
- The incumbent must be well suited to working independently and within a team environment.
- Some national travel will be required to attend internal meetings in support of the business as well as attend conferences.
- The position requires a high degree of specialized knowledge and experience. The incumbent must be highly conversant on a variety of tax and estate planning topics, including: Federal and provincial/territorial income tax law pertaining to individuals, trusts, and private corporations; Taxation of Canadian Controlled Private Corporations (CCPCs) and their shareholders, and related planning issues such as business transition and succession, corporate reorganizations, intergenerational wealth transfer, and various corporate transactions; Tax issues related to individuals, estates and trusts, and applicable planning.