Director, Deposits Engineering

Scotiabank; Toronto; On-site; CAD 170,000 - 230,000; Full time

Benefits offered by this job

Diversity & Inclusion programs

Accessibility accommodations

Upskilling through courses

Competitive rewards & benefits

Job summary

Scotiabank is seeking a Director of Deposits Engineering to lead global Deposits technology strategies and delivery across Canada, Bogota, and international markets. You will own roadmaps, drive innovation, and align initiatives with business goals while managing cross-functional teams and external vendors.

The role requires strong leadership, strategic thinking, and experience guiding complex program delivery in a regulated financial environment.

Qualifications

• Experience leading large technology teams and programs.
• Ability to align technology delivery with business strategy.
• Strong financial acumen and budget management.
• Proven track record in vendor selection and contract negotiation.

Responsibilities

• Owns the Retail Deposits technology strategy and roadmaps.
• Lead cross-functional teams across multiple locations and vendors.
• Drive agile delivery, CI/CD and modern transformation initiatives.
• Manage complex programs, budgets and risk across Canada and international partners.

Skills

Strategic leadership

Stakeholder management

Budget & financials

Program/project management

Vendor management

Agile/DevOps adoption

Job description

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Requisition ID: 275477
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Director, Deposits Engineering, leads the Deposits Engineering teams globally (Canada / Bogota / International); ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.

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

• Enable Retail Deposits through innovative solutions that are sustainable, flexible, reliable, and scalable to continually meet the growing global footprint.
• Build strong relationships with business partners, technology partners, stakeholders, 3rd party vendors and their teams, to facilitate collaboration.
• Lead and drive a customer focused culture throughout the team to deepen business partner's relationships and knowledge.
• Responsible for owning the Retail Deposits Technology strategies and roadmaps
• Take a strategic focus aligned to business priorities and bring innovative thinking to strategic problems
• Lead the implementation of transformative technology initiatives to enable Canadian Banking's success through increased efficiency, reduced cost, faster time to market
• Identify and prioritize opportunities to leverage platform capabilities effectively, deliver future proof technology solutions and take a leading role in initiatives to drive innovation and digital transformation throughout the Bank.
• Manage and ensure the successful delivery of complex projects/programs involving multiple teams from different groups across the bank, as well as external vendors when required
• Provide finance with the data to support and maintenance budgets and business cases.
• Lead the solution of risks and issues that have a broad impact on projects, systems, and teams (e.g. software currency, vulnerabilities)
• Owns production issue analysis and performs root cause analysis for production issues and implementation issues.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates an environment in which their team 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.
• Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vision/values/business strategy; and managing succession and development planning for the team.

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

• Strong communication skills with a proven ability to understand key business and technical concepts, and then effectively communicate these concepts with technical staff, business stakeholders and senior management
• Strong organizational skills with the ability to perform under pressure while managing multiple priorities with competing demands for resources and budget
• Strong analytical, finance & accounting, data processing and problem-solving skills
• Experience in a leadership role with application development, technical architecture, data, and delivery focus
• Experience managing operating budgets and multi million dollar project budgets while effectively navigating financial constraints to ensure cost efficiency.
• Strong project management skills, able to multi-task and manage concurrent projects
• Experience with vendor product assessment & selection, vendor management & negotiating contractual terms
• Experience aligning technology delivery and modernization initiatives with broader deposit business and enterprise strategy, ensuring solutions supports long term bank objectives.
• Proven ability to deliver platforms and capabilities and managing solutions through the lifecycle
• Significant experience leading complex solution implementations and team sizes ranging from 50 to 100 resources
• Deep understanding of heterogeneous infrastructure technologies, business drivers, emerging technology trends related to customer information systems - e.g. Legacy Technologies as well as Cloud, API integration, and leading transformational change incorporating modern technologies.
• Subject area experience with Financial Industry products and services preferred: Retail Banking/Lending, Commercial Banking/Lending, Credit Card Processing and Global Payment Processing
• Subject area experience with anti-money laundering & KYC, compliance, and regulatory requirements (such as AML, CASL, OSFI) is an asset
• Experience in transforming a delivery team to adopt Agile principles and operate in an DevOps environment enabling CI/CD (Continuous Integration/Continuous Delivery).
• Understanding of IT business continuity, cybersecurity, and integrated risk management and optimization methodologies is highly desirable, along with knowledge of IT Business Management.

What's in it for you?

• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employee to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - 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. Scotiabank continues to locate, remove, and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
• Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
• Competitive Rewards program including bonus, flexible vacation, personal, sick days, and benefits will start on day one.
• Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs.

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. 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.