Director, Funding & Investments

Requisition ID: 257626

Established by MD Financial Management Inc. and Scotiabank, the Medicus Pension Plan is currently open to incorporated physicians in Alberta, British Columbia, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, and the Territories.

The Director, Funding & Investments, Medicus Pension Plan leads and oversees funding, investments, and financial stewardship for the Medicus Pension Plan ensuring the Plan’s financial position is well managed, sustainable, and aligned with strategic objectives and regulatory requirements.

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

Lead and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

Lead and drives a culture of strong financial stewardship, supporting prudent funding, investment oversight, and long‑term sustainability of the Medicus Pension Plan.

Support the Administrative Board in establishing, monitoring, and overseeing investment strategy, including asset allocation, investment performance, and compliance with the Statement of Investment Policies and Procedures (SIPP).

Oversee actuarial valuations, assumptions, and funding strategy in partnership with the Plan Actuary.

Evaluate funding risks, benefit sustainability, and regulatory compliance, and provides clear analysis and recommendations to the Administrative Board and executive leadership.

Oversee preparation of trust fund financial statements and coordination of the annual audit, ensuring accuracy, completeness, and timely delivery.

Lead budgeting, forecasting, and financial planning processes to support effective decision‑making and strategic planning.

Ensure strong financial controls and compliance with applicable accounting standards, regulatory requirements, and internal financial policies.

Oversee relationships with key external service providers, including actuarial, audit, and investment partners.

Collaborate closely with peer Directors to align funding, investment, and financial considerations into enterprise strategy, planning, risk management, and operations.

Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

Create an environment in which their team pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.

Build a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and, managing succession and development planning for the team.

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

University degree in finance, accounting, economics, actuarial science, or a related discipline.

Professional designation (e.g., CPA, CFA, FSA/FCIA) is a strong asset.

10+ years of leadership experience in pension funding, investments, finance, or actuarial oversight.

Strong knowledge of pension funding and investment rules, and financial reporting standards.

Demonstrated experience supporting boards or committees in financial and investment matters.

Excellent analytical, communication, and stakeholder‑management skills.

What's in it for you?

The opportunity to join a forward-thinking and collaborative team, surrounded by innovative thinkers. Your career matters! You will have access to career development and progression opportunities. An inclusive working environment that encourages creativity, curiosity, and celebrates success! You will get our help to save for your future and to invest in your total wellbeing through our Scotiabank benefits** such as Performance Bonus, Employee Share Ownership Program, Pension Plan Matching, Banking Benefits, and Health Benefits from day one! You will relish work-life balance, team events, and opportunities to participate in the community.

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Location(s): Canada : Ontario : Toronto

Medicus Pension PlanTM is a trademark of The Bank of Nova Scotia (Scotiabank), used under licence. The Scotiabank and MD logo are trademarks of Scotiabank, used under licence. Scotiabank is the sponsor of the Medicus Pension Plan, which is a registered pension plan and is registered under the Pension Benefits Act (Ontario) and the Income Tax Act (Canada). To determine if the Medicus Pension Plan is appropriate for your retirement planning needs and retirement income objectives, please consult with a financial advisor.

Scotiabank provides banking and credit products and services. Visit scotiabank.com.

MD Financial Management Inc. wholly owns or has a majority interest in the MD Group of Companies. It provides financial products and services, is the fund manager for the MD Family of Funds and offers investment counselling services. For a detailed list of the MD Group of Companies, visit md.ca