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Title:  Manager Financial Planning & Analysis (FP&A), Credit Cards and Unsecured Lending

 

 

 

Requisition ID: 128484

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

 

Reporting to the Senior Manager of Finance, the successful candidate is extremely curious and action oriented with a supernatural ability to drive results in a highly collaborative manner.  The manager is responsible for transparent communication of financial results and analysis and all forecasting and budgeting related activities for the Unsecured Lending Business.  In fostering strong relationships with business partners, the manager will focus on fully understanding business drivers and the underlying financial results, while relentlessly pursuing value generating insights.

 

Key Accountabilities:

 

  • Responsible for planning, forecasting and analysis of Unsecured Lending’s balance sheet, revenues, Net Interest Margin (NIM) and expenses part of the annual profit plan, quarterly forecasts and three-year strategic plan
    • Ensure the timely collection of data and actuals reporting to support forecasting
    • Review assumptions and complete analysis to ensure accuracy and completeness of deliverables and understand the impacts to relevant performance metrics of the business 
    • Co-ordinate and communicate deliverables within the Business Line and Finance
    • Collaborate with the Business to prepare meaningful commentary on submitted forecasts and plans
    • Respond to inquiries from business line partners, finance and other key stakeholders
  • Monthly & Quarterly Financial Reporting & Analysis
    • Support key stakeholders with the analysis of Unsecured Lending’s balance sheet, net interest income, Net Interest Margin, Credit Losses, Expenses and Key Performance Indicators
    • Identify main drivers of interest profit and expenses at the business unit and product levels
    • Provide meaningful and relevant analysis and commentary for monthly and quarter-end reporting (including the Blue Book) and other management reporting
  • Strong Business Partner – Build and leverage sound relationships with key business partners and stakeholders to further improve profitability by helping the business identify blind spots and see around corners 
  • Expert user of financial reporting, planning and forecasting systems and tools, including Hyperion and EGL/OBI/Smartview
  • Provide finance support and analysis on strategic projects including revenue opportunities, strategic transactions, new product/program offerings, amongst many other initiatives
  • Maintain an effective system of internal controls over the planning, forecasting and reporting processes and ensure that any SOX controls are addressed
  • Identify and implement process improvements and leverage digital solutions to seek ways to enhance the profit planning and forecasting processes which can include, streamlining of operational processes, enhancement to analytical capabilities, reduction in operational risk, and resolving issues related to data inconsistency among the various systems and processes
  • Create detailed job-aid documnetatoin, training materials, desktop procedures and documentation of the current reporting and forecasting processes
     

Experience / Education:

 

  • Post-secondary degree in Finance, Accounting, Mathematics, Economics or related field
  • MBA, CFA, or CPA preferred
  • Minimum 3 to 5 years FP&A experience
  • Advanced skills with Microsoft Excel and PowerPoint
  • Proficiency with Microsoft Access is an asset
  • Knowledge of the Bank’s source and reporting systems an asset (i.e. OBI, Hyperion, Smartview) is preferred
     

 

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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