Title:  Manager, Portfolio Optimization, GTB- Toronto

Requisition ID: 200647

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

Global Transaction Banking 
 
 Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Small Business, Commercial and Corporate clients with effective treasury management solutions coupled with a best-in-class service model, making it easy for clients to do business with us.
 
As businesses build their digital capabilities and transform their operating models, their payment needs are evolving too. Boasting a unique global footprint, GTB’s comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline and simplify payments, improve working capital performance, and mitigate financial risk.
 
At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization.
 
Join a purpose-driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose:

Contributes to the overall success of the Global Business Payment Product Portfolio in Canada by identifying new revenue streams, sizing new initiatives, addressing current product gaps, finding cross product synergies. Ensures specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies, and procedures.

What you will do:

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.o    Optimizing the profitability of GBM’s product portfolio by analyzing, designing, and recommending strategies in conjunction with product owners and cross functional partners.
• Work with the pricing and analytic teams to drive revenues and identify efficiencies.
• Assessing the economic and financial feasibility of new product opportunities, ensuring a reasonable rate of return for services sold and a sound competitive position and making recommendations.
• Assist in the development of business cases and strategic plans for new initiatives to optimize revenue opportunities.
• Lead the consolidated forecasting and planning cycles on behalf of product owners and ensure the product roadmap is accurately represented.
• Build data-driven, scenario-based models to evaluate business impact on strategic and business development initiatives and monitor key portfolio KPIs.
• Developing business cases and supporting presentations for identified opportunities, that support the growth and maintenance of the business. 
• Research, analyze, and synthesize data, trends, leading practices, and other business intelligence in support of business plans.
• Identify product gaps with respect to customer needs, competitive offerings, and trends.
• Prepare and present monthly financial summaries for cross-portfolio product team and Sr. Leadership.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of his/her 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. 
• Champions a high-performance environment and contributes to an inclusive work environment. 

What you will bring:

• Degree / post graduate degree, preferably in business
• Strong proficiency in Power Bi, MS Excel, SQL, and data modeling techniques. 
• Strong decision making, forward thinking and creative problem-solving skills.
• Results oriented and innovative in identifying and pursuing opportunities to leverage capabilities to increase revenues, decrease costs and mitigate risks.
• 3+ years’ experience in Cash Management and Payments industry, or In-depth understanding of delivery networks of financial products and services within the context of the Bank’s sales and service strategies across the various delivery channels is an asset. 
• Experience working on large technology projects using industry-standard delivery methodologies (e.g., Agile/Scrum/Kanban) and tools (JIRA/Confluence) is an asset.

Work Arrangement: This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business.

Interested?

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

What's in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
 

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.