Sr. Manager, Reconciliation Transformation and Strategy

Purpose 

The Sr. Manager, Reconciliation Transformation and Strategy supports Reconciliation Operations Strategic initiatives, model design and implementations. As such, the incumbent is responsible for defining standardized Global Reconciliation function across IB, Canadian Banking and GBM.  Responsibilities include the design of a Global Reconciliation Target Operating Model including, organizational structure, processes, technology components.  

Accountabilities  

Design Reconciliation Global Target Operating Model/Framework: 

• Support the definition, implementation, and overseeing of Reconciliation Global target operating model, including organizational structures (spans and layers), processes and technologies that optimize reconciliation operations across IB, Canadian Banking and GBM 

• Conduct analyses per reconciliation processes of current operations to identify opportunities to enhance the Global Reconciliation framework and implement as required 

• Leverage Global best practices and lessons learns across markets and units to support the delivery of scalable and sustainable Reconciliation Operations model across IB, Canadian Banking and GBM. 

Provide support and ongoing Reconciliation Governance: 

• Support Reconciliation strategy, focused on delivering process enhancement and transformation/automation aligned to bank strategy by leveraging standard structures, processes, and systems across the region. 

• Monitor and support progress of divisional and local reconciliation initiatives that require Reconciliation subject matter expertise and/or impact Reconciliation Operations as required 

Design business process solutions related to Reconciliation model: 

• Support the design and improvement of end-to-end reconciliation processes and controls related to Global Reconciliation Operations, with an automation/efficiency mindset for activities performed in Reconciliation units 

Provide ongoing support and guidance to Reconciliation Operations Teams 

• Pro-actively interact with the unit heads, delivery managers, and local reconciliation teams to optimize reconciliation processes and algin global framework 

• Provide feedback and recommendations for proposed changes to processes in order to continually improve service levels 

Compliance 

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge 

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

• Actively 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 

• Champions a high-performance environment and contributes to an inclusive work environment

Dimensions