Wealth Management - Gwm Operations Fee Officer Intern/Co-op - Summer 2025 - Toronto

Requisition ID: 214185

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

Term: May - August 2025

Application Deadline: 01/17/2025

As a member of Scotia Wealth Management Operations' centralized Managed Account Operations - Fee Processing, the position is responsible for delivering a high level of service to Scotiatrust and Scotia Asset Management L.P. (SAM). The incumbent is responsible for supporting internal clients through frequent contact and efficient processing of Fees while assisting in identifying opportunities for service improvement.

Is this role right for you? In this role, you will:

• Set up of Fee Diaries while ensuring a high degree of operational efficiency, and conforming to Bank and department regulations:
• Effectively complete set up and maintenance of automated fee diaries based on approved client agreements/instructions for Scotia Asset Management (SAM) accounts and Estate and Trust accounts by printing and identifying discounts, fee schedules frequencies and anticipated market values. The incumbent contacts the originator for clarification if the agreements/instructions are incomplete or missing.
• The incumbent identifies opportunities and manages fee setups on the semi-manual fee database where fully automated processes cannot be applied through the review of established/available automated Fee Schedules and the Scotiatrust system/Fee system (ZIFP) functionality.
• Effectively code exempted assets from fee calculations according to client agreements & instructions.
• Efficiently & accurately process fee calculations and reversals by using established processing applications to complete the calculations and post entries to client accounts.
• Control and maintain documents received from branches by logging document types/identifier into departmental database and filing documentation accordingly.

Maintain service standards and minimize loss situations by following department policies and procedures and escalating any contentious issues to the Manager/Senior Manager

Do you have the skills and requirements that will enable you to succeed in this role? - We'd love to work with you if:

• Currently enrolled in Post-Secondary education
• Good judgement, organizational and analytical skills in order to manage situations not covered by documented policies and procedures.
• Good interpersonal skills, demonstrated verbal and written skills and the ability to interact and communicate with various levels of management and staff.
• Analytical thinking due to the nature of the fees; the incumbent must be able to identify any deviation from procedures.

What's in it for you?

• You'll be part of a diverse, collaborative, innovative, and high-performing team.
• In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
• Exclusive student events such as Scotia Student Day, Lunch & Learns, leadership panels, and much more!
• Bank-wide orientation to learn more about Scotiabank and gain exposure to senior leadership across the organization.

How do I apply?

For students applying to our internship/co-op or new graduate programs, we do not require resumes! We believe in evaluating you through relationships over resumes and are focused on learning about who you are and what you're interested in to uncover your true potential. Instead, we ask that as part of your application you complete the below:

1. Complete your PLUM Profile here and save as a screenshot.
2. Complete short one-way video interview here
3. Apply to the role and when the application asks for your resume, instead upload the screenshot of your PLUM Profile

**In order to be considered for student opportunities at Scotiabank and/or Tangerine, you must complete all steps above. **

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.