Title:  Senior Manager, Portfolio Optimization- IB Retail & Digital Business (English/Spanish)

Requisition ID: 249730

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

Scotiabank’s International Banking division is a diverse and dynamic network that provides financial advice and solutions to more than 12 million retail, corporate, and commercial clients. With a presence in over 15 countries—including Mexico, Chile, Peru, Colombia, Brazil, Uruguay, and key markets across Central America and the Caribbean—our footprint offers unparalleled connectivity within the North American corridor. These regions feature favorable demographics and present significant opportunities to expand banking penetration and deliver innovative solutions.

Purpose

The Senior Manager, Portfolio Optimization contributes to increase the performance and profitability of the issuing portfolio (credit & debit) and the overall success of the Issuing & Payment Networks Area within Retail Payments Department in International Banking ensuring specific individual goals, plans, initiatives are executed in compliance with governing regulations, internal policies and procedures.

What You’ll Do:

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Leads the definition and implementation of strategies focused on increasing the payments portfolio performance and profitability, including but not limited to, MCC profitability, product suitability, cost reduction, etc.
• Liaisons with IB Fraud, IB Operations, Networks and the countries for the definition and implementation of strategies, tools and rules to improve IB Retail Payments authorization rates to maximize payment volumes while keeping the bank safe.
• Works closely with the Payment Networks team to minimize the networks penalties (i.e. Visa’s minimal approval rate mandate)
• Provides guidance and oversight to the Manager, Portfolio optimization on the development and maintenance of payments related dashboards and reports from networks & IB data, consolidating extraction of data from multiple sources. The Sr. Manager Portfolio optimization provides insights and recommendations to the entire IB Retail Payments team. 
• Understands 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 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.
• Champions a high performance environment and contributes to an inclusive work environment.

What You'll Bring:

• At least 5 years of working experience in payments (credit and debit cards) with strong understanding of products, benefits, pricing, P/L drivers and the payments ecosystem. 
• Demonstrated multitasking abilities in a team-based environment.
• Excellent analytical, presentation, writing and negotiation skills.
• Business Intelligence experience with working knowledge of Microsoft Office suite (Word, Excel and PowerPoint),
• Knowledge of Power BI and capacity to manage simple databases in SQL
• and the ability to work independently to accomplish tasks are essential
• Bilingual (English/Spanish) is an essential asset

Working Conditions

Work in a standard office-based environment; non-standard hours are a common occurrence.  Moderate travel to international locations.

Interested?

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s 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.

#LI-Onsite #GTB2026

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.