Manager, Portfolio Optimization

Scotiabank; 100 Mile House; On-site; CAD 95,000 - 135,000; Full time

Job summary

Scotiabank's Global Transaction Banking group in Canada seeks a strategic contributor to drive revenue opportunities and optimize product profitability. You will forecast, model scenarios, and build business cases to support cross-functional initiatives, working with pricing, analytics, and product teams to deliver value for commercial clients.

Join a high-performing team delivering data-driven insights and maintaining alignment with risk, compliance, and governance standards.

Qualifications

• University degree in business, economics, or technology with analytical mindset.
• Strong communication, negotiation, and stakeholder management skills.
• Experience in an Agile environment and data-driven decision making.

Responsibilities

• Champions customer-focused culture to deepen client relationships and leverage bank relationships.
• Analyze and design product strategies to optimize profitability and revenue.
• Collaborate with pricing and analytics teams to drive revenue and efficiency.
• Develop business cases and strategic plans for new initiatives.
• Lead forecasting and planning cycles; ensure roadmap accuracy.
• Create data-driven models to evaluate effects of strategic initiatives.
• Present monthly financial summaries to cross-portfolio teams and leadership.
• Ensure activities align with risk appetite, policy, and conduct standards.
• Promote a high-performance, inclusive work environment.

Skills

Business/ Economics/ Tech degree

Analytical

Communication

Negotiation

Agile experience

Education

University Degree in business, economics, or technology

Tools

Power BI

MS Excel

SQL

Data modeling

Job description

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Requisition ID: 262476

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

Global Transaction Banking

Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Small Business, Commercial and Corporate clients with effective treasury management solutions coupled with a best-in-class service model, making it easy for clients to do business with us.

As businesses build their digital capabilities and transform their operating models, their payment needs are evolving too. Boasting a unique global footprint, GTB’s comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline and simplify payments, improve working capital performance, and mitigate financial risk.

At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization.

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

Purpose

Contributes to the overall success of the Global Transaction Banking Strategy in Canada by identifying new revenue streams, sizing new initiatives, addressing current product gaps, finding cross product synergies. Ensures specific individual goals, plans, 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.

Accountabilities

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Optimizing the profitability of GTB’s product portfolio by analyzing, designing, and recommending strategies in conjunction with product owners and cross functional partners.
• Work with the pricing and analytic teams to drive revenues and identify efficiencies.
• Assessing the economic and financial feasibility of new product opportunities, ensuring a reasonable rate of return for services sold and a sound competitive position and making recommendations.
• Assist in the development of business cases and strategic plans for new initiatives to optimize revenue opportunities.
• Lead the consolidated forecasting and planning cycles on behalf of product owners and ensure the product roadmap is accurately represented.
• Build data-driven, scenario-based models to evaluate business impact on strategic and business development initiatives and monitor key portfolio KPIs.
• Developing business cases and supporting presentations for identified opportunities, that support the growth and maintenance of the business.
• Research, analyze, and synthesize data, trends, leading practices, and other business intelligence in support of business plans.
• Identify product gaps with respect to customer needs, competitive offerings, and trends.
• Prepare and present monthly financial summaries for cross-portfolio product team and Sr. Leadership.
• Understand 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 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.
• Champions a high-performance environment and contributes to an inclusive work environment.

What you bring:

• University Degree in business, economics, or technology (MBA an asset)
• Self-starter possessing confidence and initiative; able to cope with changing and evolving priorities while identifying new opportunities.
• Excellent communication, interpersonal, and strategic negotiating skills.
• Strong Analytical, decision making, and problem-solving skills.
• Strong proficiency in Power Bi, MS Excel, SQL, and data modeling techniques.
• Results oriented and innovative in identifying and pursuing opportunities to leverage capabilities to increase revenues, decrease costs and mitigate risks.
• Product management expertise to enable the thorough understanding of products/services.
• A positive attitude combined with confidence to drive team priorities.
• Knowledge of payments, industry trends and practices, innovative digital platforms, policies and procedures an asset.
• Knowledge of the Bank's application systems and their relationships within the Bank is an asset.
• Experience working in an Agile environment is an asset.
• Fluency in Spanish is an asset.

Working Conditions

• Work in a standard office-based environment; non-standard hours are a common occurrence. Limited travel domestically.

#LI-Onsite #GTB

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.

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.