Manager, Pricing - Retail Deposit Products (11-Month Contract)

Scotiabank; Toronto; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

A leading bank in the Americas is seeking a Manager for Pricing in Retail Deposit Products. The role involves managing pricing strategies, ensuring compliance, and optimizing processes to enhance client experiences. Ideal candidates will have a background in Retail Banking, excellent communication skills, and proficiency in Microsoft Excel.

Qualifications

• Experience in Retail Banking and/or Wealth Management preferred.
• Solid knowledge of GIC and Savings products.
• Comfortable in a hybrid work environment.

Responsibilities

• Manage the Deposits Exception Pricing Desk and SmartBot tool.
• Monitor and provide insights to the Pricing committee.
• Assist in managing GIC Early Redemption & Backdate Inbox.

Skills

Communication

Interpersonal Skills

Analytical Skills

Market Research

Education

Post-secondary education in a related field

Tools

Microsoft Excel

Job description

Requisition ID: 226431

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

As the Manager, Pricing - Retail Deposit Products, you will contribute to the overall success of the Retail Deposits group in Canada, ensuring specific individual goals, plans and initiatives are executed in support of the team’s business strategies and objectives. You will also ensure all activities are conducted in compliance with governing regulations, internal policies and procedures.

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

· Manage the Deposits Exception Pricing Desk and the SmartBot tool, supporting across the Canadian Retail Bank and Advisor Deposit Services channels

· Promote a culture of partnership by working with the frontline in providing prompt and professional advice

· Monitor, track and provide key insights to the Pricing committee on exception trends and competitor offers

· Assist in managing the GIC Early Redemption & Backdate Inbox to review the exception cases for redeeming non-redeemable GICs

· Assist the pricing optimization and execution of the approved pricing changes across Retail Products and Advisor Deposit Services in a timely manner to provide positive client experiences, preventing adverse impact to our P&L, and ensuring no regulatory breaches

· Recommend opportunities to improve our exception policy and increase operational efficiency by enhancing processes and tools

· Support ad-hoc initiatives as they arise

· Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions

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 in a related field

· Previous experience working in Retail Banking and/or Wealth Management preferred, with solid knowledge of GIC and Savings products and services, including competitive products

· Excellent communication, interpersonal and networking skills

· Good analytical and market research skills

· Proficiency in Microsoft Excel

· Comfortability working in a hybrid work environment

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.