Why FirstOntario?

Competitive compensation packages

Top-tier health and wellness benefits, including comprehensive benefits packages, a yearly health spending account and personal spending account

Enhanced mental health benefits through SunLife and TELUS Health

Exclusive banking benefits

Up to $1000 per year towards professional development

Pension Plan

Flex-work environment

Company-wide Employee Volunteer program (Blue Wave Program)

Employee and Family Assistance Program

Job Overview
The Vice President, Wealth Management is the sales leader that oversees all aspects of the Wealth Management business unit of FirstOntario and leads the team to grow and develop into experts in their field.

Role

Develop, execute and lead the organization's Wealth Management Strategy a sales strategy to market our products and services within the communities we serve by educating and promoting our offerings

Oversee all aspects of Wealth Management business for FirstOntario including financial planning services, in-branch mutual fund sales, Private Wealth Advisory, Insurance Advice and sales, online brokerage, Robo advice and Trust and Estate Services

Lead and provide guidance in the development and management of wealth teams, compensatio modelling, business processing, compliance, wealth marketing and sales management to ensure expected returns are met

Provide guidance and support to ensure staff adhere to FirstOntario and Aviso operating standards and risk management policies, procedures, pricing and fee practices

Lead and encourage sales activities and community awareness through participation in various co mmunity and business events and networking activities to develop relationships with FirstOntario

Enthusiastically be responsible for the sales, fulfillment and administration of the Wealth business lines and manage profitability

Act as the lead expert and contributor on all wealth related matters and provide guidance on coaching and training related to developing a solid Wealth Management skill set within the credit union





Act as the lead and primary contact with FirstOntario Wealth strategic partners and third party suppliers including Aviso Wealth, NEI Investments, Concentra, CUMIS and other mutual fund companies and insurance companies.

Manage ad-hoc requests for various Wealth sales opportunities and proposals

Develop and deliver business cases and presentations to executive level management and provide strategic financial advice

Be a part of strategic initiatives in the development of new technologies, processes and innovation that improves member experience and profitability through sales and service

Carefully manage resources to meet the business operations budget, business plan objectives, and service level agreement monitoring variances and taking action to ensure targets are met

Impart your expert knowledge on staff and colleagues by being a natural mentor to help them stay on top of the evolving business environment

Consider health & safety as a primary concern to ensure the overall well-being of yourself and your team

Perform other duties as required

Required Skills

A post-secondary diploma or degree in business, finance or related field or an equivalent combination of education and experience which includes a CFP, CIM or CFA designation, a securities license (RR) and ten to fifteen (10-15) years of leadership experience in Wealth Management, investments and insurance

Be extremely knowledgeable about all aspects of Wealth Management business, and enjoy staying ahead of the market changes and leading best practises

Possess effective and professional sales and business development skills

Have strong analytical skills and a demonstrated ability to navigate through complex market conditions





Be an expert in Wealth products and services including face-to-face, online, mobile, teleservice and other channels by utilizing your extensive experience within the financial services industry

Have proven expertise growing a high performing team, with a focus on coaching and mentorship

Be forward thinking and strategic when it comes to wealth management business and how to ultimately advance the credit union

Share your knowledge about securities, mutual funds and insurance operations, procedures, CRMs and
sales processing systems

Be detail-oriented, analytical, and have an incredible passion for ensuring the accuracy of data

Enjoy a challenge when it comes to complex investment and insurance issues and be resourceful in ways
to find innovative solutions

Be quick to respond to requests for service from all of your clients

Inherently demonstrate a high level of integrity, confidentiality and trustworthiness

Have superior communication, interpersonal skills and presentation skills that can be adapted to your audience

Embrace the philosophy of lifelong learning

Be proficient with computer software including but not limited to MS Office

Be flexible and adaptable to changing priorities

Be aware of and mitigate enterprise risk factors and ensure compliance with applicable regulations, legislation and FirstOntario and Aviso policies and procedures

This role is hybrid in Stoney Creek, ON.

This posting is for an existing vacancy.

Salary Range: $169,238 to $211,548 annually.

Compensation for this role reflects a combination of skills, experience, and internal equity. Those whose experience more closely aligns the role's requirements may be placed higher within the salary range. You will learn more about FirstOntario Credit Union's total rewards package during the interview process.

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know.

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📌 Vice President, Wealth (Ontario)
🏢 Firstontario Credit Union
📍 Ontario