Estate and Trust Analyst

Requisition ID: 200996

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

MD Financial Management, a division of Scotia Wealth Management, has an exciting opportunity for a talented, enthusiastic, and client-focused Estate and Trust Analyst to join our team .

As an Estate and Trust Analyst, you will be responsible for the administration and settlement of estates.  

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

• Determine documentation requirements specific to each product held
• Communicate documentation requirements and MD procedures to regional MD staff or directly to external executors and their agents (i.e., lawyers and accountants) as required
• Review legal documentation to ensure it is compliant
• Liaise with Compliance, Legal and Registration, Taxation, Technology and Operations when required
• Open and maintain estate accounts and prepare documentation
• Communicate with external financial institutions with respect to their own estate documentation requirements
• Assist with educating regional staff on the estate process
• Respond to inquiries to resolve estate issues of executors and estate professionals
• Be responsible for maintaining a follow-up system for estate cases/issues to ensure established SLA standards are being met
• Analyze each estate to determine specific tax consequences outlined under the Income Tax Act for the completion of T4RSP, T4RSP, RC249, T4A, RL2 and NR4 tax slips
• Calculate amounts subject to income tax on the above slips to ensure compliance with tax regulations

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

• 3-5 years’ experience in the financial services industry
• Thorough understanding of the financial services industry and rules regarding Estates, Trusts, RESPs, RRSPs/RRIFs, TFSAs and non-registered investments and applicable tax-related issues is an asset
• Bilingualism (English/French) is preferred
• A focus on client service
• Solid organizational skills
• Excellent communication skills
• Demonstrated initiative, resourcefulness, and flexibility
• The ability to work effectively and collaboratively within a team
• Strong attention to detail
• Sound capacity to assess, develop and monitor complex processes
• An ability to manage multiple priorities in a fast-paced environment

Location(s): Canada : Ontario : Ottawa

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.