Title:  Director, Economics, Global Technology

Requisition ID: 243025

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

The Director, Economics, Global Technology is a strategic leadership role responsible for driving economic analysis, financial modeling, and value realization across the bank’s global technology portfolio. This role will provide critical insights to inform investment decisions, optimize technology spend, and support enterprise-wide transformation initiatives. As a trusted advisor to senior technology and business leaders, the Director will shape the economic narrative of technology strategy and execution.

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

Strategic Economic Analysis:

• Lead the development of economic frameworks to evaluate technology investments, including ROI, TCO, and cost-benefit analyses.
• Partner with Finance, Strategy, and Technology teams to assess the economic impact of emerging technologies, cloud adoption, and digital transformation.

Portfolio Optimization:

• Analyze and model technology spend across global business units to identify efficiencies and opportunities for reinvestment.
• Develop and maintain dashboards and reporting tools to track economic performance of key initiatives.

Value Realization & Business Case Development:

• Support the creation of business cases for major technology programs, ensuring alignment with enterprise strategy and financial targets.
• Monitor post-implementation value realization and provide recommendations for continuous improvement.

Stakeholder Engagement:

• Collaborate with senior leaders across Technology, Finance, Risk, and Operations to align economic insights with strategic priorities.
• Present findings and recommendations to executive committees and governance bodies.

Thought Leadership:

• Stay abreast of global economic trends, technology market dynamics, and regulatory developments impacting the financial services industry.
• Contribute to strategic planning and scenario modeling for long-term technology investments.
• Leads and drives a customer focused culture throughout their team 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.
• 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.

Regulatory Bodies & Special Requirements:

Must understand and incorporate regulatory requirements from:

• OSFI (Canada)
• SEC (U.S.)
• EBA (Europe)
• Local data privacy and financial regulations
• Experience with regulatory reporting and compliance in financial services is an asset

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

• Bachelor’s degree in economics, Finance, Business, or a related field; Master’s degree or MBA preferred.
• 10+ years of experience in economic analysis, financial modeling, or strategy within a large enterprise, preferably in financial services or technology.
• Strong understanding of technology economics, including cloud financial management, software licensing, and infrastructure cost modeling.
• Proven ability to influence senior stakeholders and drive strategic outcomes.
• Exceptional analytical, communication, and presentation skills.
• Experience with data visualization tools (e.g., Power BI, Tableau) and financial modeling software.

What's in it for you?

• 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 each 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.  
• Upskilling through online courses, cross-functional development opportunities, and tuition assistance. 
• Competitive Rewards program including bonus, flexible vacation, personal, sick days and benefits will start on day one.
• Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs such as hackathons, contests, Humans of Digital and much more!

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.