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Title:  Manager, Corporate Development, / M&A

 

 

 

Requisition ID: 151747

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

 

The Manager contributes to the overall success of the Strategic Transactions & Review team, which is responsible for the execution of M&A and other strategic projects that advance the development and implementation of the Bank’s corporate plans, strategies and objectives. 

 

The Manger is responsible for supporting the analysis and execution of acquisitions and divestitures, in partnership with Business Lines and other functional groups, as well as the evaluation of partnership opportunities or supporting internal strategic reviews and other analytical requests on behalf of the Board and senior management.

 

The Manager is responsible for developing and applying analytical frameworks and quality standards in order to ensure consistent presentation and evaluation of opportunities to executives and senior management of the Bank, and to ensure all activities conducted are in compliance with governing regulations and internal policies and procedures.
  
The position is based in Toronto but has global scope.

 

Key Accountabilities:

 

  • Provide support to Senior Managers, Directors, VPs and SVP on a variety of acquisition, divestiture and partnership transactions or other ad hoc requests including:
    • Preparing strategic and / or financial analysis (including return analysis, benchmarking, assessing financial impact on P&L and capital, etc.)
    • Collecting various information sets or conducting independent ad hoc research
    • Developing presentations for executive discussion 
    • Building and maintaining detailed financial models 
    • Conducting detailed due diligence and analysis 
    • Evaluation of and consideration of the operational impacts of strategic initiatives
    • Preparing summaries of financial analysis and coordinating and compiling due diligence findings for acquisitions
    • Collecting and analyzing information and preparing confidential information memorandums (CIMs), managing virtual data rooms, working group lists, Q&A trackers and due diligence responses for sale processes
    • Preparing slides or written documents with a high attention to detail and presentation for presentation to external parties
  • Supports the deal team in working closely with functions and product groups across the Bank and builds and fosters relationships that enable comprehensive, timely analysis and execution of projects and activities with:
    • Business lines (Canadian Banking, International Banking, Global Banking & Markets)
    • Functional areas and internal groups (HR, Legal, Risk, Finance, Tax, Insurance, Accounting Policy, Compliance, Integrations, Capital Management, Strategy, Marketing, Communications, Investor Relations, etc.)
    • External stakeholders (legal counsel, investment banking, consulting firms, etc.)
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions to develop and implement frameworks, processes, and communications which:
    • More effectively identify, analyze, and present opportunities
    • Ensure consistent approach to evaluation and application of best practices to activities across business lines 
    • Ensure the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct
  • Provide analytical and other support with respect to various regulatory initiatives and Bank activities (especially those promulgated by Finance Canada, OSFI, the Competition Bureau and the CDIC)
  • Champions a high-performance environment and contributes to an inclusive work environment.
     

 

Experience / Education:

 

  • 3+ years of experience in M&A, financial modeling, valuation, consulting, or other relevant experience
  • Experience in the management of large, complex and diverse projects or functions in corporate management portfolios
  • Experience in analyzing bank financial statements, products / divisions, earnings drivers and valuation metrics is preferred
  • Advanced skills with Microsoft Excel and PowerPoint as well as Bloomberg or other financial information databases are critical to success
  • Fluency in Spanish is not required but considered an asset
  • Undergraduate or post graduate degree in business or related discipline with emphasis in finance, accounting, or economics and other relevant subject areas
  • Professional designations (CA, CMA, CPA, CFA) are a strong asset

 

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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