Director, Operational Accounting Technology Systems

Scotiabank; Toronto; On-site; CAD 120,000 - 150,000; Full time

Benefits offered by this job

Diversity, Equity, Inclusion & Allyship programs

Flexible vacation and personal sick days

Upskilling opportunities through online courses

Dynamic work environment with team collaboration spaces

Community engagement programs

Job summary

A leading financial institution is seeking a Director to lead their Operational Accounting Technologies team in Toronto. The role involves strategic direction and oversight of modernization efforts using advanced technology. Responsibilities include ensuring compliance with regulations, driving customer-focused culture, and managing multiple application projects. The ideal candidate will possess extensive IT experience, strong technical knowledge, and abilities in vendor management. This position offers competitive rewards and a supportive work environment.

Qualifications

• Strong technical background required for the Director role.
• Excellent communication skills with the ability to present to executive leadership.
• 10+ years of IT and business experience in operational roles.

Responsibilities

• Responsible for strategic direction of Operational Accounting Technologies.
• Oversee modernization efforts and build foundational technology components.
• Ensure compliance with regulations in Canada and abroad.
• Drive a customer-focused culture and deepen client relationships.
• Plan and direct application/technology projects with effective communication.

Skills

Engineering/Development background

Experience implementing medium and large solutions

Vendor communication and management

10+ years of IT experience

Managing Oracle ERP systems

Business and technical knowledge

Critical thinking

Strong analytical skills

Ability to work independently

Attention to detail

Job description

Requisition ID: 253958

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

The Director, as the technology owner, will be responsible for the strategic direction, leadership, and oversight of the Operational Accounting Technologies team with a focus on modernization across the portfolio. They will build and manage foundational components for operations using modern technology that leverage current processes and increase velocity while reducing cost/effort. The Director’s role includes developing and implementing the appropriate technology strategy, which mitigates operational risk and delivers value, in collaboration with business stakeholders and regional Technology teams. This individual will ensure business strategies, plans and initiatives are supported in compliance with governing internal standards, policies and procedures as well as regulations in Canada (IIROC, OSC), the U.S. (SEC, FRB NY, NY DFS) and abroad (UK FCA, Singapore MAS etc.).

The Director will actively pursue increasing business value through the delivery of cost‑effective vendor‑hosted and internal solutions and the effective and efficient operations of their 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, and conduct risk. This includes but is not limited to responsibilities under the Operational Risk Management Framework, Business Outsourcing Framework and Guidelines for Business Conduct. It also includes supporting and responding to internal/external Audit, Third‑Party Risk, Privacy Office and Regulatory reviews and findings.

Is this role right for you?

• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Ensures round the clock production support for multiple applications, managed globally and must ensure high availability, integrity and reliability of programs and processes developed where the consequence of error could expose the Bank to a significant loss or undue risk.
• Apply modern technology to new and legacy operational requirements.
• Communicates vision/values/business strategy and manages succession and development planning for the team.
• Aggregating capacity and demand of the work portfolio.
• Ensures the timely development and implementation of multiple applications and IT solutions – involving multiple systems, multiple dependencies, and multiple stakeholders/business partners – where solutions cross business lines and customer segments, globally.
• Plans and directs application/technology projects and ongoing support, and leads their teams of Project Managers, Developers and Business Analysts.
• Effective communication skills to executive leadership, business leaders and staff.
• Interprets and implements a continuous improvement process and mindset for production issues to ensure the effective and timely resolution of problems and knowledge transfer.
• Builds and maintains a strong working relationship with peers and management within the business lines.
• Partners with stakeholders to translate business requirements into actionable strategies and then identifies appropriate solutions to deliver on objectives. Ensures that all work adheres to GBME’s strategic architectural direction and Bank Standards.
• Acts as a primary interface and conduit between the operational owners and other technology groups, including Third Party vendors to lead the facilitation and execution of operations technology management activities.
• 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 his/her team pursues effective and efficient operations of his/her 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, develops, and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vison/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?

• Engineering/Development or strong technical background is required.
• Experience implementing medium and large solutions.
• Experienced with vendor communication and management.
• 10+ years of IT and business/industry work experience.
• Proficiency in managing Oracle ERP systems (PeopleSoft, ERP Cloud) with emphasis on Operational modules of AP, FA, Projects modules.
• Excellent business and technical knowledge and experience (understanding of vision, financial objectives/how business functions and core processes interact/the strategic importance of projects, how they relate to Scotiabank's goals, how projects interact/impact of change and/or delays in projects).
• Process knowledge and experience in scheduling, resource allocation, risk management and systems design.
• Critical thinking, continuous improvement, and transformation in leading the group delivering high performance while aligning to group and Bank’s strategic direction.
• Strong knowledge of application implementation and testing best practices and methodologies.
• Ability to write functional requirements, use cases, and other analysis/design artifacts effectively (storyboards, screen prototypes, etc.).
• Experience with user interface and design.
• Conceptual knowledge of data modeling and database design.
• Experience with testing execution.
• Excellent communication skills, both oral and written.
• Excellent analytical and problem-solving skills.
• Self‑directed – works effectively both independently and in a team environment.
• Ability to effectively work on multiple tasks.
• Well organized, dependable, punctual, strong work ethic.
• Fast learner and able to work to deadlines.
• Ability to pay close attention to details.
• Familiarity in Spanish would be an asset.

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 embraced through bias‑free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees 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.

• Dynamic Ecosystem - Free tea & coffee, universal washrooms, and lots of space for team collaboration.

• 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, 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.