Why FirstOntario?Competitive compensation packagesTop-tier health and wellness advantages, including comprehensive benefits packages, a yearly health spending account and personal spending accountEnhanced mental health benefits through SunLife and TELUS HealthExclusive banking benefitsUp to $1000 per year towards professional developmentPension PlanFlex-work environmentCompany-wide Employee Volunteer program (Blue Wave Program)Employee and Family Assistance ProgramJob OverviewThe 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.RoleDevelop, 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 offeringsOversee 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 ServicesLead 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 metProvide guidance and support to ensure staff adhere to FirstOntario and Aviso operating standards and risk management policies, procedures, pricing and fee practicesLead and encourage sales activities and community awareness through participation in various community and business events and networking activities to develop relationships with FirstOntarioEnthusiastically be responsible for the sales,



fulfillment and administration of the Wealth business lines and manage profitabilityAct as the lead expert and contributor on all wealth related matters and provide guidance on coaching and training related to developing a strong Wealth Management skill set within the credit unionAct 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 proposalsDevelop and deliver business cases and presentations to executive level management and provide strategic financial adviceBe a part of strategic initiatives in the development of recent technologies, processes and innovation that improves member experience and profitability through sales and serviceCarefully manage resources to meet the business operations budget, business plan objectives, and service level agreement monitoring variances and taking action to ensure targets are metImpart your expert knowledge on staff and colleagues by being a natural mentor to help them stay on top of the evolving business environmentConsider health & safety as a primary concern to ensure the overall well-being of yourself and your teamPerform other duties as requiredRequired SkillsA 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 insuranceBe extremely knowledgeable about all aspects of Wealth Management business,



and enjoy staying ahead of the market changes and leading best practisesPossess effective and professional sales and business development skillsHave strong analytical skills and a demonstrated ability to navigate through complex market conditionsBe 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 industryHave proven expertise growing a high performing team, with a focus on coaching and mentorshipBe forward thinking and strategic when it comes to wealth management business and how to ultimately advance the credit unionShare your knowledge about securities, mutual funds and insurance operations, procedures, CRMs andsales processing systemsBe detail-oriented, analytical, and have an incredible passion for ensuring the accuracy of dataEnjoy a challenge when it comes to complex investment and insurance issues and be resourceful in waysto find innovative solutionsBe quick to respond to requests for service from all of your clientsInherently demonstrate a high level of integrity, confidentiality and trustworthinessHave superior communication, interpersonal skills and presentation skills that can be adapted to your audienceEmbrace the philosophy of lifelong learningBe proficient with computer software including but not limited to MS OfficeBe flexible and adaptable to changing prioritiesBe aware of and mitigate enterprise risk factors and ensure compliance with applicable regulations, legislation and FirstOntario and Aviso policies and proceduresThis 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.#FOSJ

📌 Vice President, Wealth (Canada)
🏢 FirstOntario Credit Union
📍 Canada