Title:  Manager, Product Control

Requisition ID: 260182

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

Purpose

The Manager – Group Treasury Product Control is a key member of the Product Control team, responsible for delivering timely and accurate P&L and accounting execution support across multiple Group Treasury portfolios or strategies. This role may include oversight and development of peer Analysts and/or the responsibility for more complex portfolios that demand advanced analytical expertise and sound judgment.  The Manager will be responsible for championing high standards of control, analytical insight, and continuous improvement through a proactive and strategic approach.

Is This Role Right for You? In this role, you will:

• Maintain compliance with approved monographs by ensuring accurate accounting for assigned products and portfolios
• Oversee and ensure the timely, accurate production and reporting of daily P&L across the assigned Group Treasury portfolio.
• Validate P&L integrity through P&L decomposition and reconciliation of results, resolving breaks collaboratively.
• Ensure daily P&L is fully reconciled to the general ledger and source sub‑ledgers, with timely escalation and resolution of discrepancies.
• Substantiate balance sheet accounts and manage the month‑end close process, including sign‑off and other MIS reporting.
• Produce, review, and analyze IPV, reserves, and fair value adjustments in alignment with Risk Management and bank guidelines.
• Support financial and regulatory reporting requirements, as needed.
• Partner with senior management and key stakeholders to support new products and business initiatives within a controlled and compliant framework.

Do You Have the Skills?

Must Haves

• Minimum 3–5 years of experience in Product Control or a related function (Middle Office, Finance, Risk, or Operations) supporting trading or banking books.
• Expertise in P&L production, validation, and risk attribution, with the ability to explain key drivers.
• Advanced knowledge of fixed income products, including securitized products such as ABS, MBS, CMO, Covered Bonds, CMB as well as derivatives and equities.
• Strong understanding of core Treasury activities, including hedging and funding, and related accounting treatments to support the business (Amortized Cost, FVTOCI, FVTPL, and hedge accounting practices).
• Understanding of bank accounting policies, trading policies, market practices, and regulatory requirements, with a strong control and risk mindset.
• Experience with trading or banking book accounting, balance sheet substantiation, and/or Independent Price Verification (IPV) processes.
• Strong problem‑solving, analytical, and advanced Excel skills.
• Excellent communication skills with the ability to engage confidently with a demanding Front Office client base.
• Demonstrated self‑motivation, ownership mentality, and ability to thrive in a fast‑paced, highly accountability role.
• Working level knowledge of VBA, SQL, Python is a strong asset

Qualifications

• Formal education in Finance or Accounting (Bachelor’s degree required).
• Professional designation such as CPA (preferred) or CFA/FRM is considered a strong asset.

What’s In It for You?

• Champion a high-performance environment and contribute to an inclusive work environment.
• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• A competitive compensation and comprehensive benefits plan.
• An organization committed to making a difference in our communities - for you and our customers.
• You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.

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.