Title: Director, FP&A - Global Wealth - Technology Finance
Requisition ID: 228962
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Reporting to the Vice-President, the Director, Operations Technology Finance leads and oversees Finance Planning and Analysis for Global Wealth Business 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:
- Lead and drive 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
- Partner 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 CIO’s 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.
- 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 behaviors; 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? We’d love to work with you if you have experience with:
- Minimum of 8 years relevant experience within a large organization
- Undergraduate degree in relevant field with either professional designation or working towards attaining a designation (eg. CPA, MBA)
- 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.
- Proven transformational mindset where you are think strategically & acting with urgency
- Ability to embrace change, challenge the status quo and use technology to improve processes
- Able to leverage financial data to evaluate Technology’s performance, position, & potential to inform strategic decisions
- Strong focus on analytics & forensic experience
- Expertise in data & analysis to uncover trends, identify potential problems or opportunities, & make data-driven predictions
- Distills complex data & tells compelling, insight-driven stories
- Transforming raw data into a story that sparks understanding, builds belief, & drives action
- Strategic business partner who communicates clearly & actively contributes to enhancing business outcomes
What's in it for you?
- In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
- You'll be part of a diverse, collaborative, innovative, and high-performing team
- We offer a competitive rewards package:Performance bonus, Employee Share Ownership Program, and Pension Plan Matching
- Health Benefits from day one!
- You will relish work-life balance, team events, and opportunities to participate in the community.
- Your career matters! You will have access to career development and progression opportunities.
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.
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