Title:  Manager, AI Financial Management

Requisition ID: 266539 

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

The Manager, AI Financial Management is responsible for executing core financial analysis, reporting, and cost monitoring activities related to AI spend. This role provides foundational support for transparency, budgeting, and optimization efforts across AI initiatives. The incumbent partners with Technology, Finance, and AI teams to track AI costs, produce insights, and maintain financial data integrity, enabling disciplined and efficient AI investment management.

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

• Executes end-to-end financial tracking and analysis of AI-related spend across infrastructure, platforms, models, and data, ensuring visibility into key cost drivers.
• Maintains and enhances cost attribution models and reporting frameworks, improving accuracy and usefulness of AI financial insights.
• Performs in-depth analysis of AI cost drivers (e.g., compute consumption, model utilization, workload patterns), identifying trends, anomalies, and efficiency opportunities.
• Supports budgeting and forecasting processes by developing driver-based analyses, variance insights, and forward-looking projections for AI investments.
• Proactively identifies cost optimization opportunities (e.g., underutilized resources, inefficient workloads, model usage patterns) and recommends actions to the team.
• Develops and delivers recurring dashboards, performance metrics, and financial insights that inform stakeholder decision-making.
• Partners with Technology and AI teams to understand operational drivers of cost and validate financial assumptions and trends.
• Ensures data integrity and consistency across financial reporting, resolving discrepancies and improving data quality processes.
• Supports governance and control processes by applying financial policies, tracking adherence, and identifying potential risks in AI spend.
• Contributes to vendor financial management activities, including cost tracking, invoice validation, and basic benchmarking analysis.
• Continuously builds knowledge of AI/ML cost structures and FinOps practices, applying learnings to enhance analysis and insights.
• Interprets financial results and communicates implications clearly to stakeholders, escalating key risks or opportunities as needed.
• 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.

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

• University degree in finance, business, or related field
• 3–6 years of experience in financial analysis, planning, or reporting
• Foundational understanding of cloud and/or technology cost drivers (AI exposure is an asset)
• Strong analytical and Excel/data skills
• Exposure to financial systems and reporting tools (e.g., Power BI, Apptio, cloud cost tools) preferred
• Strong attention to detail and ability to manage data accuracy
• Effective communication and stakeholder collaboration skills
• Eagerness to learn and grow in AI FinOps and technology finance

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 includes annual 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.