Title:  Director, CIO Support

Requisition ID: 254103 

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Director, CIO Support leads and oversees Finance Planning and Analysis for a CIO or group of CIOs in Technology Finance ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.

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

• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Act as finance business partner for the Chief Information Officer (CIO) to provide strategic analysis on global technology spend including statutory, business line direct spend and projects (SIP) to allow informed investment and prioritization decision
• Act as first line of defense for CIO teams to address questions related to financial transparency, allocations to Business Lines, accounting principles and financial controls
• Engage in Tech strategy discussion/meetings with CIO teams to ensure alignment of financials to Tech strategy
• Support annual planning, monthly forecasting activity including variance analysis and “get well” plan to meet financial targets
• Support and track cost saving initiatives with clear articulation of technology and business risk resulting from prioritization decisions
• Oversees the reporting and analysis of Technology staffing and contingent workforce, including the management and tracking of authorized headcount levels, as well as the processing of centralized contractor accruals.
• Oversees inter-company transactions for Technology expenses, including applying transfer pricing rules as applicable, and provides relevant data attestations as required for compliance purposes.
• Partners with Technology to provide central financial management of software and hardware financials, including planning/forecasting, the application of appropriate accounting treatments, identification of optimization opportunities, and implementation of chargeback models.
• Instill financial governance through implementing best practices, making audit recommendations, and communicating applicable financial policies and accounting guidelines to relevant parties.
• Support the Finance Center of Excellence in obtaining sign offs from CIOs on data attestations as required for compliance purposes.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates 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.
• Builds 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:   

• Minimum of 10 years relevant experience within a large organization
• Undergraduate degree in relevant field with either professional designation (e.g. CPA) or graduate degree (e.g. MBA) preferred
• Extensive experience and knowledge of financial and management reporting principles as applied to banking issues, thorough understanding of the business planning process, dealing with accounting systems, budgets and internal controls

What’s in it for you?

• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities – for you and our customers.
• A competitive rewards program includes annual bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day. 
• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements. 

Location(s):  Canada : Ontario : Toronto 

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our  Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.