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Title:  Senior Manager, Retail Deposits Finance, Canadian Banking Finance




Requisition ID: 138813

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




Contributes to the overall success of the Canadian Banking Finance – Retail Deposits - Day to Day Banking in Canada ensuring specific individual goals, plan 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.
The Senior Manager, Finance, Retail Deposits - Day to Day Banking is accountable for delivering tactical and strategic knowledge to Day-to-Day Banking business planning and action analysis of business trends and results, including both financial and nonfinancial reporting. Incumbent is also responsible for senior management decision making by building and maintaining detailed knowledge of profitability drivers.


Key Accountabilities:


  • Champions a customer focused culture to deepen client relationships and leverage broader Bank Relationships, systems, and knowledge
  • Lead Business planning process and including annual profit planning, 3-year profit planning, stress testing and forecasting
  • Manage the development, enhancement and production of various reporting outputs and dashboards on a monthly, quarterly, and annual basis including coordinating and business performance commentary and variance analysis
  • Develop, review and analyze business cases that incorporate financial modeling with business-oriented presentation of the problem, impact, alternatives, business justification and other parameters for management decision making
  • Primarily liaison working with Canadian Banking Finance on RP&S products analysis reports such as the annual Product Profitability Analysis (PPA), Funds Transfer Pricing, accounting policy, and all other finance matters related to Day-to-Day Banking Products
  • Maintain a dedicated focus on continuous improvement in profitability, competitiveness, and positioning in the Day to Day Banking a business through actional business analysis
  • Develop and maintain a process for planning, approving, tracking, and reporting department expenses related to both operating and business case expenses
  • Take a lead role on the preparation of financial presentations to executives and business partners, presenting results to Day-to-Day Banking senior management team regularly
  • Understand how the Bank’s risk appetite and rusk culture should be considered in Day-to-Day activities and decisions
  • Actively pursue effective and efficient operations of his/her peers respective areas, while ensuring the adequacy, adherence to and effectiveness of day to day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and Guidelines for Business Conduct.
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Champions a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vision/values/business strategy and managing succession development planning for the team.


Education / Experience:


  • 5+ years working experience in product profitability analysis and management reporting
  • Excellent communication skills with focus on written communication
  • Driven problem solver with winning attitude
  • Curious, seeks to understand complex issues
  • Strong multi-tasking capability
  • Strong PowerPoint / presentation /Excel skills
  • Subject matter expertise (SME), combining product knowledge with MIS, practical application of financial management principles, and quantitative analytical skills to support strategic and tactical management decisions.


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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