Title:  Senior Manager, Savings Initiatives

Requisition ID: 263244 

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

The Senior Manager, Savings Initiatives leads retail savings growth, innovation, and delivery in support of client primacy and deposit growth priorities. This role focuses on optimizing and simplifying the product shelf to strengthen the value proposition through streamlined products, innovative features, and pricing enhancements.

Is this role right for you? In this role, you will:  

• Lead Retail Savings initiatives across product growth, innovation & delivery
  • Develop new Savings product business cases & modelling to drive deposit growth & profitability
  • Monitor the competitive environment, key market forces & positioning for new Savings initiatives
  • Lead innovation for new Savings initiatives for enhancements in product features & pricing to heighten acquisition, engagement & retention
  • Define & track key KPIs on new Savings initiatives to meet our Deposit growth ambition
• Collaborate with Retail Customer Growth, marketing & channel partners to drive client primacy, grow deposits & scale market share in priority markets
  • Develop go-to-market strategies including offers, marketing tactics & change management
  • Develop early month on book journey & engagement touchpoints in customer lifecycle
  • Promote continuous feedback cycle to evolve product innovation & tactics
• Work closely with Analytics and Pricing & Portfolio Management to develop Savings profit plan projections and implications by assessing product demand, market and competitive factors, etc.
• Collaborate with advanced analytic teams & external partners to develop best in class product features, pricing engine & campaigns that drives significant growth in acquisition & retention
• 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

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

• Post-secondary education required; (MBA or Master’s degree in Business Administration or Marketing is preferred).
• 5 years+ of relevant experience across retail financial products.
• Exceptional business planning, product roadmap design, strategy development, analytical and execution skills.
• Excellent relationship manager with demonstrated ability to seamlessly collaborate across multiple stakeholders.
• Proven experience in delivering complex initiatives, with expert track record of delivering on time/budget.
• Advanced proficiency in MS Excel
• Strong financial acumen, analytical and market research skills
• Thorough understanding of the business environment, including competitors and channels, particularly when it comes to retail banking channels
• The ability to integrate diverse sources of information into tactical recommendations and plans (i.e. product, channel, marketings and customer)

What's in it for you?

• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• A competitive compensation and benefits package.
• An organization committed to making a difference in our communities– for you and our clients.
• You can expect to be recognized and rewarded for high-performance. You’ll be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.

Working Conditions

• This role is located in our downtown Toronto, ON office location. Non-standard hours may be required to meet business objectives.

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.