Compunnel Inc. Looking for Transition Specialist at Montreal, Quebec, Canada Full Time

Transition Specialist

Overview:

They onboard advisor from financial institutions. The person has to facilitate the communication regarding advisor through the recruiter and will oversee the process of conducting credit and criminal checks for advisors, ensuring thorough due diligence for licensing and offering assistance with termination for dealers/advisors. Additionally, they will guide advisors in transitioning their books of business to Wealth. This role will involve extensive email and verbal communication with managing directors and stakeholders, with a focus on enhancing overall communication effectiveness.

Requirement:

• seeking a candidate who is fully bilingual and possesses a background in wealth investment. Ideally, they should have comprehensive knowledge of both front office and back office operations. While onboarding experience is beneficial, it is not mandatory.
• Experience with Salesforce CRM is highly preferred due to our utilization of this platform. Additionally, proficiency in MS Office is essential. The ideal candidate will demonstrate strong interpersonal skills, enabling effective communication with colleagues and stakeholders alike.

Must Haves:

• Candidate must be fluent in French and English, mandatory, no exceptions. Verbal and written.
• Candidate must have previous Wealth Investment experience.
• Finance Background- Investment industry/ banking experience – front office or back office. Ideally minimum 2 to 3 years previous work experience.
• Candidate must be able to integrate quickly into the work environment.
• Must be able to communicate clearly and concisely, will work with cross functional internal departments on a daily basis.
• Candidate must be comfortable working with Microsoft Office Suite, Excel, PowerPoint, above proficiency level.

Job Summary:

The Bilingual Advisor Onboarding & Transition Specialist is a critical and multi-functional role within Advisory Services’ business development organization. This role supports our new advisors joining Wealth, providing key transition support for our existing advisor base for a dedicated territory.

Advisor and Licensed assistant due diligence – 25%

• Work closely with the field team and act as key Head Office relationship support Package and send the due diligence documents/MSII screening to our recruits upon request
• Conduct and analyze credit/criminal checks and regulatory checks and involve compliance when necessary to ensure recruits meet our requirements.
• Work with compliance in obtaining approvals for any outside business activities, trade names and know your advisor conversations.
• Present recruits to the Due Diligence committee for approvals on a weekly basis
• Work with the field team and finance to analyze and ensure that the financial analysis meets our minimum IRR standards when creating a term sheet to present to potential recruits, as it relates to our Organic Growth Program
• Work with Legal department to draft binding agreement for sign off from senior management and recruit
• Track all activities in Salesforce ensuring accuracy.

Advisor Transition Support – 75%

• Act as support for our new advisors transitioning their books of business to Wealth
• Welcome program.
• Responsible for managing Business Initiation kits to be available to new advisors in a timely manner for dedicated territory.
• Responsible for managing stationery and signage needs for advisors in dedicated territory.
• Manage new advisors using the Integration Support Program as a guideline.
• Track activities created by proactive conversations with new advisors in Salesforce.
• Oversee and manage MFDA to IIROC process and act as a resource to advisors transitioning from MFDA to IIROC
• When appropriate, travel to key branches to offer support to qualifying advisors.
• Manage advisor relocations.
• Manage Book Buys for dealer.
• Manage terminations for dealer.
• Updating policies and procedures