Title:  Director, FX Innovation & Execution, Global Banking and Markets - Toronto

Requisition ID: 253931 

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

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries!  We work together to drive ambition for every future!

About the role:

Scotiabank’s FX Centre of Excellence will centralize and strengthen FX product development and deployment across all business segments, working closely with our technology and business partners. 

As Director, FX Innovation and Execution, reporting into Global Capital Markets, you will be responsible for proactively managing FX innovation, product development, and distribution to advance our broader FX growth ambitions and implementing scalable, modern solutions that support our long-term strategy. Your mandate will focus on advancing key initiatives, working closely with technology, delivery, and enterprise partners, while shaping forward-looking FX product development. This role will require a unique candidate with the right subject matter expertise and a track record of successfully executed, collaborative initiatives.  

For a motivated, strategic thinker, this is a rare opportunity to lead a team that will directly influence the growth trajectory of FX within one of Canada’s leading financial institutions while engaging with the Bank’s most senior leaders.

What will you do?

As a Director, FX Innovation and Execution, you will: 

• Lead and collaborate with business partners to define and manage FX product development priorities, key innovation initiatives, and strategic execution roadmaps
• Accountable for a cross-functional working group to drive and review solution delivery progress and validate business outcomes
• Build materials for regular senior executive briefings to maintain alignment and delivery timelines, and reinforce strategic messaging
• Regularly monitor FX, digital assets, payments, and fintech trends to identify opportunities and risks
• Represent the FX Centre of Excellence in internal forums and committees
• Build strong partnerships across business lines and functions, and technology teams
• Manage an evolving portfolio of multiple FX product and innovation initiatives
• Provide insights on competitive dynamics in FX and payments markets
• Driving adoption of FX innovations (tools, products, and solutions)

What do you need to succeed?

• A bachelor’s degree and at least 10 years of experience in capital markets, strategy consulting, and/or financial technology
• Deep knowledge of FX Sales & Trading, including familiarity with post‑trade workflows and payments/money movement
• Exposure to FX/payments fintech platforms or vendor management
• A strong record of high performance and successful product/project delivery  
• The ability to simplify and clearly communicate complex ideas
•  A self-aware and discerning communication style that adapts to different audiences (Sales & Trading, Technology, Enterprise, Executives)
• Curiosity, critical thinking, and comfort challenging conventional approaches
• The ability to navigate fast-paced environments and balance competing priorities
• Accountability, resilience, and a drive to succeed
• Experience influencing and success in working with diverse stakeholder groups, and supporting organizational change
• Experience on the buy or sell side in sales or trading is an asset
• Graduate degree (MBA or Master’s in business, finance, or technology) is an asset
• CFA designation is an asset
• Background in digital product management

What’s in it for you?

Our FX Global Centre of Excellence is an exciting and leading FX innovation hub within Global Capital Markets that will drive FX best practices across the organization. This role will offer senior visibility and autonomy to drive FX innovation across the enterprise. The team you will join is high performing, committed to excellence, and collaboration.


You’ll benefit from:

• A competitive Total Rewards package with performance incentives and flexible benefits
• Leaders who actively support your development through coaching and cross‑enterprise exposure
• A collaborative, high-performing, and forward‑thinking team environment
• Opportunities to take on meaningful, challenging, and impactful work

Work Arrangement:
This position is currently an onsite role, with the expectation that you will work 5 days a week in the office. Please note that this is subject to change based on the needs of the business.
Interested?

Interested?
If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
 

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.

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.