Title:  Director - Business Line Support, FP&A

Requisition ID: 251291
Employee Referral Program – Potential Reward: $3,000.00  

We are committed to investing in our employees and helping you continue your career at Scotiabank. 

The Role

The Director, Business Line Support, is part of the GBM Financial Planning & Analysis team responsible for providing value-added analytical and business support to GBM’s business lines and senior management to facilitate achievement of GBM’s business objectives. The incumbent is also responsible for representing GBM with respect to broader balance sheet matters, including liquidity, balance sheet/leverage, and capital across the Bank.  The GBM Financial Planning & Analysis team is the primary point of contact between Global Finance and GBM’s business lines with respect to financial and strategic analyses and related enquiries.

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

• Strategic Partner to Business Line – Provide analysis, support and counsel to the business line including participation in efforts to launch or assess new products, business changes, review tax efficiencies, SOX matters and manage business opportunities that require Finance support.
• Support Balance Sheet Financial Forecasting and Planning – Work together with partners to support the review of financial plans and forecasts with a balance sheet focus. Identify issues and provide commentary related to financial results and/or forecasts in relation to key metrics. 
• Collaboration on Capital Matters – Support the execution of GBM’s strategic initiatives including Balance Sheet Optimization and aligning Business Mix with operational and business analysis.  Leverage strong understanding of key business constraints including wholesale funding, regulatory capital, RWA, liquidity and leverage to help optimize GBM’s balance sheet resources to maximize Return on Equity or client profitability in consideration of these constraints.
• Management Information Systems – Work collaboratively with other stakeholders in GBM to access MIS data required to perform the duties of the position including data related to profitability and performance as well as capital and funding usage on a business line, product, geographic, or, in conjunction with Client Insight & Analytics team, a client basis.
• Strategic Financial Analysis – Support inbound requests from Executive Management, auditors, regulators, ratings agencies, research analysts and other external parties as required. Prepare and provide analytical support including analysis and data related to business line, product, geographic, balance sheet, capital, and/or funding usage.
• Accounting Analysis – Review and analyze accounting issues in GBM to support accounting requests / issues raised by GBM business partners. Identifying alternatives to tax, regulatory, and/or other financial reporting issues, as required
• Team Environment – Contribute to an environment in which the team works together to produce creative and value-added strategic analysis while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls.
• 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:

• Degree in Finance, Economics or Business Administration or Chartered Financial Analyst or Chartered Professional Accountant designation or comparable experience
• Minimum 10 years of GBM business line and/or Finance experience. 
• Highly developed understanding of GBM’s capital markets business lines, financial reporting process, compliance policies, performance measurement, planning and analysis, service standards, and legal and regulatory requirements.
• Excellent analytical skills including financial modelling.
• Advanced presentation and communication skills and proven ability to provide insightful and influential analysis to Executive Management.
• An expert ability to balance competing or conflicting goals of various departments/stakeholders, requiring a mature, diplomatic approach and highly developed negotiation and influencing skills.
• A demonstrated ability to work in a team environment under tight deadlines, in some cases on special projects requiring creative analysis and solutions.
• Strong capital management knowledge is an asset

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 including 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.